AHG - Profitable Strategy for Struggling Traders

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Calling it a day.

I felt wiser today even though I made some good mistakes to learn off of.

4 trades.
1 winner.
3 losers (should be 2 losers)

My chart has comments.

Today felt good based on my learning curve.

-Tech
 

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Anek,

If you had to rank the setups based on order of strength, how would you rank them?

My mind says:

1) Double Tops/Bottoms

2) Breaks of sym triangles

3) 2 HH/LL

4) The 1-2-3 Pattern

Did I miss any?
 
Double Bottoms and Double Tops played correctly are by far the most rewarding and safe patterns in trading *if* done correctly.

Logical stops

Good Accuracy

Great risk vs reward

Price action for targets

If a trader fails to scalp the market correctly only trading DB/DTs on multiple e-minis to improve the spawn rate would be enough for a very profitable living.

I know plenty of traders who live off them.

Anek
 
Quote from Bogwaluth:

Anek,

If you had to rank the setups based on order of strength, how would you rank them?

My mind says:

1) Double Tops/Bottoms

2) Breaks of sym triangles

3) 2 HH/LL

4) The 1-2-3 Pattern

Did I miss any?
More...

Rectangle S/R breaks ?
 
1) Double Tops / Double Bottoms

2) Rectangle/Horizontal breakouts

3) Flags

4) Triangles

5) Failed head and shoulders

That would be my order, personal opinion of course.

Anek
 
That change of margin message I got seems to have gone away.
Makes me nervous to get any kind of flashing message that says "MARGIN", kind of the feeling I get when there is no more beer in the frig. 1 quick trade today +1 nq. Using real money now.
 
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