cw....going to nightie night now, but the comment made that u usually lose but certain amount says a lot about your trading and what it reveals is excellent....never losing much so hole is not dug so deep .....the risk reward ratio you employ will put more positive points in on wins than is taken away when losses do occur.........very basic old school stuff that cannot be re-invented.....
YM Traders
- Thread starter volente_00
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nkhoi..........excellent observation........but those events need to be backtested and based on time probably won't hold up........the only time I really watch is 9:00............when I start and when u will see for the last 5 yrs ? reversals occur much more than not........... the bottom line for me is my systems tell me when all the turns occur and early enough to enter early and with clarity.............early and accurate.........it is not rocket science ...but not easy for awhile........most one hour times are significant more often than not and often 1/2 hour points...............times are okay, but a good system will not give many bad signals regardless of times....just trade what u c on the screen in front of you.........if it is at a specific time then it doesn't matter........what matters is recognition of entry signals that work often enough to grow the bottom line to your satisfaction........
Hope everyone had a Merry Christmas.
