Candlesticks too fast . Indicators too slow. Stuck in the middle with you.
CRUCIAL Knowledge about TA.
- Thread starter alex.samant
- Start date
i do use candle charts but only for the appearance 
i find bar charts a bit dull and there is much more clutter because the space between the bars is smaller than the space between candles so swings are easier to spot for me ...
Money management and the interaction between price in different timeframes is key. I especially am a fan of scaling in.
Scaling in and scaling out, but in a disproportionate manner can make any sorry ass strategy a winning one...
i find bar charts a bit dull and there is much more clutter because the space between the bars is smaller than the space between candles so swings are easier to spot for me ... Money management and the interaction between price in different timeframes is key. I especially am a fan of scaling in.
Scaling in and scaling out, but in a disproportionate manner can make any sorry ass strategy a winning one...
scaling in and scaling out seem contradictory. You seem to be buying and selling at the same time. On one hand you are adding to a position . on the other youare reducing it. strange.. 
Put it this way...
How would you like to risk just 50% of what you normally risk and pull out twice as much as you normally pull out...
... and here is another bombshell: you exit faster than you would normally exit. now this has got to be some shit!
scale in people! scale in!
How would you like to risk just 50% of what you normally risk and pull out twice as much as you normally pull out...
... and here is another bombshell: you exit faster than you would normally exit. now this has got to be some shit!
scale in people! scale in!
wait
no. you got it wrong.
when you enter, you scale in, and when you exit, you scale out.
no. you got it wrong.
when you enter, you scale in, and when you exit, you scale out.
when buying do you scale in on way down and scale out on way up? is this what you are saying?
no. that's averaging down. stay away from that.
when buying, you buy ever higher and when you cover you cover most of your accumulated position at once and let a small fraction run just in case.
when buying, you buy ever higher and when you cover you cover most of your accumulated position at once and let a small fraction run just in case.
hehe
Yup!
If you can read price direction . . . scaling into a trade is a successful strategy. Scaling out is arbitrary and akin to saying, "I have no clue where price is going." Scaling out is NOT sound money management. If you FEEL you must pull part of a trade, you SHOULD be pulling all of it.
well, i pull out 3/4 or 2/3 depending on what i feel in my urine 