Quote from BobbiDigital:
TO,
I was thinking all s/r lines (on whatever your given timeframe) are created equal since you have no way of knowing which will hold significance on any given day...as part of my journey to stay open minded following price. Would you steer me away from this belief?
well BD..truth is anything can happen at any time..so..it is how u react to what happens to price will determine what u get
are all levels equal on all time frames..well..it depends on the price
personally..i would pay more attention to the hourly levels..but as we know price will not go in a straight line most of the time..so..u must have a target to exit after entry..be it a loser or a winner
too many look for the best solution..when..it might be far better to place ur trades and just let the odds work out for u..for..like the casinos..u will make money in the long run with ur double zero..and..the length of time it takes will be determined by how many trades u execute..simple as that
so..if u trade the 1 min..or tick..ur holding time may be in the seconds or minutes..whereas..if u trade the 30 min or 60 min..ur holding time may be in the hours..all depending on what happens after u enter the trade
sometimes i wonder why so many are so blind to what is really required..and..no matter how many times it is explained to them..they just will not take it in..and..the main reason..is that they feel they must be right..in order to win..when..the reality is such..that in order to win u must first learn to lose correctly..and then u will win..guaranteed
it is very simple..low risk with small amount to test the water..as u can never be sure..and if u are wrong..so what..u have only lost a very small % of what have
but..and there is always a but..it is obvious that if u only do this all of the time..u will never make any money worth talking about..so..u must have a plan to load up when the time is right..and..u will know when the time is right..once u have enough live trading experience
do u not see how simple this fact really is..yet..so many find it so hard to understand..and..therein lies the key to successful trading
u can forget about all the bullshit artists and experts selling the next best thing..they are all dumb ass idiots just out to take money from those who do not know what trading is all about..and..the reason they do not know..is..because of these fukin idiots in the first place
forget about everything u have ever read about trading..even what TFF has written..and just stick to one simple approach..and trade the fukin thing until u have it sussed..then..u will see how simple it really all is..and how the fuk heads have been holding u back for years..the dumb ass idiots
who gives a fuk about earnings..or pe ratios..or cashflow..or any of that shite..all u need worry about is the next trade..and whether it is going to be a small loser..or a big winner

in order to beat the shitheads at their own game..u must know that they are all big fat arse lying bastards..and..u have the ability to take money from the fuk heads..if u are smart enough to not get sucked into all the shite that is out there..and that is ur first hard lesson in the big bad world of trading..u must lean to say FUK U
