Disliked{quote} Interesting question Iamfx, in response to your first question, I like most traders started trading trying all the different methods that pop up daily on FF, but it wasn't until I gave up on them and started looking at the charts themselves and their makup did I start seeing patterns that continually repeat themselves over and over. This started me on a quest to study PA , it took some time but I finally worked out that the market just has very basic simple moves that are easy to see with your eyes with very little practice, once I realized...Ignored
The best trader I ever met agrees with you....he only took very high probability trades. His max SL was 10 pips, TP was 8-20 pips......he moved sl to +1 when price moved to +5 pips......the margin he used is considered high and not for everyone.....he was fearless...
He passed away 2 months ago......