What do you need for a quiz like this to be fair to your style?
Are you good at price action and technical analysis?
- Thread starter longandshort
- Start date
A chart is just a neat tool for visualizing past and real-time prices.
Being “good at price action and technical analysis” isn’t the same as being good at trading which is timely execution.
There are numerous ways to time executions. Predicting the close of the next 5m bar is a poor way. Might as well play the event contracts and spend the screen time elsewhere.
Being “good at price action and technical analysis” isn’t the same as being good at trading which is timely execution.
There are numerous ways to time executions. Predicting the close of the next 5m bar is a poor way. Might as well play the event contracts and spend the screen time elsewhere.
Make 15 RTH sessions, highlight the average fo the first 5 minute bar + 1hr of price action after the 5 minute bar. Then ask where he would enter and exit
Good Morning Scataphagos,
Yes, that was definitely sarcasm. Lol. We all need to relax and enjoy the day and not talk so much about trading.
Just click buy or sell in whatever a trader believes in
I don't know what the risk reward will be when I enter a trade. (I trade Breakouts & Hammers when they meet all criteria)
What I do know is what the risk is. (Of course I can get more risk than I bargained for with a gap down)
As far as reward goes I'll stay with a trade as long as it continues in my direction.
I only need 1 or 2 trades that take off to have a decent year.
Thanks for the great contribution you make here Scat. That SimpleMeLike and Monobrowtrading probably should be banned. Both are Trolls in their own different ways.
To have it prepared by an actual trader.
Who else have I said should be banned except for those two?
Have a look at Monobrow's post. EVERY post is attacking someone. SML is just a troll effectively.