Good vs Bad Setup's

W

white

The longer I trade the more it becomes apparent to me what's important is leaning what a bad setup looks like as opposed to a good one. Good setups are clear "trendline, support" whatever. It's all the rest that I have learned not to trade, that's made a huge difference in my trading. Learning what bad setups look like "from being burned!" Anyone else been there?



White
 
Worst setup is trading in afternoon based on futures movements or bid/ask size. You're bound to get chopped up. Definitely, trend is your friend for afternoon/slow time trading.
 
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