It wasn't really directed at anyone personally. I think I understand what @lotto was trying to say, but the way s/he had it worded, posed a contradiction.
You have been getting a lot of advice from some very good traders here. I think that some of these traders are so comfortable in their trading, that they want you to just follow their method, as to them there is nothing more simpler. I am sure some are pulling their hair out wondering why you are making a muddle of the 1+1=2 equation
.
There is something you have to understand (and I am quite surprised that no one has mentioned it yet). Trading is a very personal task and YOU have to be comfortable with how YOU trade. @NoDoji has laid her plan out in far more details to persons previously and the vast majority have failed. That goes a long way on to passing a simple message.
Just as each trades so differently from the other, we also learn in our own way. There is no right or wrong way for either as long as the results are positive and there is a constant progression to becoming even better. For instance, I never learnt using a single setup, nor did I do any sort of statistical analysis. However, when I try and look back, it seems like I did a lot of statistical analysis, but it was all in my head and not on paper. To better explain it, for instance, if I saw a particular setup, I wanted to see how it broke out. A breakout tells you a lot about where your target may be. So in learning that way, I have the advantage of maximizing profits, minimizing losses and sometimes when to altogether not take a particular trade. I may be exiting a trade with the pro-statistic traders, but I didn't need those stats as I had other mental indicators for my exit.
I see that you have been getting a lot of stick about not doing this and that. Despite being told by multiple posters, you have resisted and when you have finally taken on the "homework", it is done with little gusto (because it may be opposing your personality of "how to learn"). On the other hand, look at how many charts you have annotated and elaborated. You are persistent and work hard doing that and slowly you are seeing things that you did not see before. It may take you longer doing it "your" way, but you will eventually get there. Doing it someone else's way may not resonate with you and who knows what the outcome may be.
Also, I think there is a lot of confusion in your head as you have many methods being shown to you at the same time. Try understanding what those methods are "doing", rather than trying to "learn" them. In learning them, you are coming across a lot of contradictions within those systems and they are serving to create a storm of confusion. What may work better for you is to understand each methodology. Then forget about how it was done by the owner and back test that method with how YOU would do it. It may work or not. Regardless, YOU will start seeing some rhyme or rhythm there and that is when you will know that you are going towards the process of "making it you own". That is the time you will start getting into trades going in the right direction and staying in them, for in the end it is not the entries that will make you a living, but being in a trade for your OWN reason.
Hence, you may have noticed different entry points by different traders, but they are all on the same bus going in the same direction..........and they will not jump off that bus, until the station arrives
.
You have been getting a lot of advice from some very good traders here. I think that some of these traders are so comfortable in their trading, that they want you to just follow their method, as to them there is nothing more simpler. I am sure some are pulling their hair out wondering why you are making a muddle of the 1+1=2 equation
.There is something you have to understand (and I am quite surprised that no one has mentioned it yet). Trading is a very personal task and YOU have to be comfortable with how YOU trade. @NoDoji has laid her plan out in far more details to persons previously and the vast majority have failed. That goes a long way on to passing a simple message.
Just as each trades so differently from the other, we also learn in our own way. There is no right or wrong way for either as long as the results are positive and there is a constant progression to becoming even better. For instance, I never learnt using a single setup, nor did I do any sort of statistical analysis. However, when I try and look back, it seems like I did a lot of statistical analysis, but it was all in my head and not on paper. To better explain it, for instance, if I saw a particular setup, I wanted to see how it broke out. A breakout tells you a lot about where your target may be. So in learning that way, I have the advantage of maximizing profits, minimizing losses and sometimes when to altogether not take a particular trade. I may be exiting a trade with the pro-statistic traders, but I didn't need those stats as I had other mental indicators for my exit.
I see that you have been getting a lot of stick about not doing this and that. Despite being told by multiple posters, you have resisted and when you have finally taken on the "homework", it is done with little gusto (because it may be opposing your personality of "how to learn"). On the other hand, look at how many charts you have annotated and elaborated. You are persistent and work hard doing that and slowly you are seeing things that you did not see before. It may take you longer doing it "your" way, but you will eventually get there. Doing it someone else's way may not resonate with you and who knows what the outcome may be.
Also, I think there is a lot of confusion in your head as you have many methods being shown to you at the same time. Try understanding what those methods are "doing", rather than trying to "learn" them. In learning them, you are coming across a lot of contradictions within those systems and they are serving to create a storm of confusion. What may work better for you is to understand each methodology. Then forget about how it was done by the owner and back test that method with how YOU would do it. It may work or not. Regardless, YOU will start seeing some rhyme or rhythm there and that is when you will know that you are going towards the process of "making it you own". That is the time you will start getting into trades going in the right direction and staying in them, for in the end it is not the entries that will make you a living, but being in a trade for your OWN reason.
Hence, you may have noticed different entry points by different traders, but they are all on the same bus going in the same direction..........and they will not jump off that bus, until the station arrives
.
