darn rule of 10 trying to cock block 18



Quote from Spectre2007:
1) setups are rare
2) if you take condition 1, then it means placing trades very infrequently is the best.
3) further extrapolation, of condition 1 means, waiting for test of support/resistance is optimal.
4) timeframe traded creates the support/resistance zones.
5) following through with the intent of the violations or rebound off, is the ideal thing to do.
6) since entries are rare, exits should be rare. Ones entry is another persons exit, and vice versa.