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Hooti's Journey
- Thread starter Hooti
- Start date
Quote from ammo:
hooti,think of the market as several pieces needed for each move up or down,when they are in place,it's a big move,when not its chop ,u need to watch supp,res in a few and see where they are ,the pieces move together once lined up,they often turn together also ,95 % of the time those signals will be right..maybe 5% of the time you will be surprised ,there are 250 trading days in a year,that's 1 day a month
95% of the time....?
That has been echoing the last few weeks.
Provoking.
Seems a bit optimistic, but even as an 'out-there' goal, it's a target worth at least shooting for. Guess I wasn't aiming high enough before!
I've just been watching the market with that in mind. See how close I can come with the tools at hand.
The thought is tempered with Al Brooks comment that he is neither a trader going for max reward or min risk... instead his job is to place high probability trades.