Game Over Loss

[radex78]

I believe that there is intraday trend.
I tried to find an accurate indicator to find out market sentiment even a few month ago and
I eventually have found it.
I think applying the concept 'buy low and sell high' is a bit abstract if you don't know the current market sentiment.
The most safest way to trade is that you buy at higher low in bullish sentiment and sell at lower high in bearish sentiment.

Simple idea, buy at low and sell at high, here as trader still need to analyze support resistance area or demand and supply, but I think also need cut loss if already away from analysis

 

[hurricane_sh]

The most safest way to trade is that you buy at higher low in bullish sentiment and sell at lower high in bearish sentiment.

When I buy a lower high, it often turned out to be a reversal. I have given up buying retracement. But I like the retracement after a big decline like 8+ points, I'm working on this right now, two or three points with a few contacts, one trade a day is enough.