Whats complicated about drawing lines on a chart after the price action has happened? You also can't make money on that, unless you have a time machine.
Two Questions For Practicing Day Traders
- Thread starter ironchef
- Start date
Whats complicated about drawing lines on a chart after the price action has happened? You also can't make money on that, unless you have a time machine.
so you advice drawing line on a chart before price action happens.....
every single trade, every single strategy depends on trading based on past price action.
you line of thinking that you have to trade future price action is hilarious
i do make money on that every day because i am not looking for 100% win rate....when i lose, i reverse and make up more than i lost.
Either there is a language barrier or i have no words for this ... Of course you have to try and predict future price movements to make money on it ... You can't make money on a price move that has already happened ... What happened happened and is gone, you can't go back in time to trade it
.Oh and by the way, you aren't profitable and never where (short lucky streaks don't count), there has been posted plenty of proof of that in the past.
Last edited:
you are the laughing stock of wall street
and who provided that proof? who posted that proof ? have you forgotten?
i can post proof of profit
as i posted , proof of loss .
and my profit will be certified by TOPSTEP TRADER
You didn't, they were screenshots others posted from the MQL website.
You kept lying and saying you where profitable while there was plenty of proof you weren't.
Sure thing buddy, good luck finding that time travel machine.
Every time you open a long position you are predicting markets to go up, every time you short you are predicting markets to go down, why else would you open that trade if that isn't what you are expecting
.Talk about being the laughing stock ... You have been that on this very forum plenty of times and it looks like you still haven't changed a bit.
Last edited:
It sounds good as a strategy. In practice you may be killed by market whiplashes if you’re not experienced enough. I wish trading were that simple.
your stop is beyond your setup bar.....so you have a risk of one 5 min bar, if you trade 5 min.
your normal profit is 4-10 bars.
and of course the market will whiplash or whipsaw 2-3 time..... not more than 3 times . with tight stops that this strategy allows and the huge profit it gives ......you have to survive 3 stop hits.
survival is a must and it is obvious how to do it.trade small position size
that is lies.
i posted live trades .....