Thanks guys. I'll keep posting it help me stay focused. Also, I really do love helping others in this great world of trading. I've been very blessed and I've been called to give back. So this is my little way I can do that. Hopefully you can get something out of it.
I've got a lot of market wisdom and have seen many things including million dollar profit days and million dollar drawdown days (NOT FUN). I've also blown up 3 accounts. (That will never happen again) This business has almost taken my marriage and at one time, my life. But God has also blessed me with staying power and because of that, its given me everything I have in life. Because of that I want to do anything I can do to help others learn from my mistakes and success and help others start making money. I am very outspoken. So hopefully I dont make anyone mad. Remember, its all in the effort to help you guys make more money.
I still look for divergence on lower timeframes to help confirm the trade but its not a must.
The TP and SL are not static. You need to have a basic understanding of supply and demand within the chart. Price tends to trade within these levels. All targets and stops will be based around these levels. hint, look for expanded moves away from a basing level. Thats a simplified supply or demand level and the place I want to manage my trade around.
Control your fear and greed! Keep it simple!
Hope this all makes sense.
I've got a lot of market wisdom and have seen many things including million dollar profit days and million dollar drawdown days (NOT FUN). I've also blown up 3 accounts. (That will never happen again) This business has almost taken my marriage and at one time, my life. But God has also blessed me with staying power and because of that, its given me everything I have in life. Because of that I want to do anything I can do to help others learn from my mistakes and success and help others start making money. I am very outspoken. So hopefully I dont make anyone mad. Remember, its all in the effort to help you guys make more money.
I still look for divergence on lower timeframes to help confirm the trade but its not a must.
The TP and SL are not static. You need to have a basic understanding of supply and demand within the chart. Price tends to trade within these levels. All targets and stops will be based around these levels. hint, look for expanded moves away from a basing level. Thats a simplified supply or demand level and the place I want to manage my trade around.
Control your fear and greed! Keep it simple!
Hope this all makes sense.