it has already happened. John Bollinger is the oldest of such big traders
Brooks biggest mistake as a teacher
- Thread starter padutrader
- Start date
it has already happened. John Bollinger is the oldest of such big traders
who is Mackey a jokerThey can be both. And irrational as well. Although not necessarily all at once.The markets are not one-dimensional. And then there is the matter of crowds...
it is still easy
because Brooks said soAnd you told me, last time you were actively posting, that I shouldn't use 1 min chart, should switch to 5 min instead!
No, but he talks about them.
@padutrader
Your success on the 1 minute and lack there of on the 5 minute says one of two things to me:
A lack of patience or a lack of discipline
to find out which it is, try either (or both) of these:
Trade sim playback of a 5 minute chart at 5x speed to find out if it’s a patience issue
Or
Trade the 5 minute chart without looking at the price axis to find out if it’s a discipline issue
being a brooks follower, I’m guessing you acknowledge PA works the same across all timeframes
Your success on the 1 minute and lack there of on the 5 minute says one of two things to me:
A lack of patience or a lack of discipline
to find out which it is, try either (or both) of these:
Trade sim playback of a 5 minute chart at 5x speed to find out if it’s a patience issue
Or
Trade the 5 minute chart without looking at the price axis to find out if it’s a discipline issue
being a brooks follower, I’m guessing you acknowledge PA works the same across all timeframes
Yet you still didn't manage to do it consistently?
That's a really good advice.
If 1 min is better than 5 min, then why not tick by tick? Should be better than 1 min?
And maybe next month you are going to tell us we should use tick by tick.
Welcome back and cheers! We missed you.
