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- Nickpadovani replied Sep 23, 2020
In what your OP is referencing to, you have to acknowledge the fact that trading is in fact competitive by nature. The closer to the chest a particularly strategy is, the harder it is for others to emulate. If you happened to magically make the ...
- Nickpadovani replied Sep 23, 2020
I haven't personally tried it, sounds a bit chaotic haha. My concern would be how it affects your RR. Figure that you're saying you're risking 2% per trade, which is split 1% on the upside and 1% on the downside. If let's say you hit 5 pips into the ...
- Nickpadovani replied Aug 3, 2020
Hey Ace, just new to the forums, pretty experienced at trading though! I do enjoy observing other's perspectives though and learning. I'll be sure to read through the posts.
- Nickpadovani replied Jul 27, 2020
I think the sentiment here is brilliant, if not common sense imo. As wonderful as it would be to apply this principle to trading, this ends up becoming a glorified coin flip upon the open of the next daily candle (which as we know at 5:00 PM EST is ...
- Nickpadovani replied Jul 27, 2020
Hmm, maybe the subconscious is always there, yes, but I don't necessarily think you're a newbie if you rely on T.A. I enjoy using it because it helps me define an R:R for myself when trading, and that way I can manage or regulate my risk without ...
- Nickpadovani replied Jul 27, 2020
All depends on your win rate and risk management imo. If you trade infrequently with low risk and a high success rate, you're going to make money, but probably not a ton (at least in terms of percentages). If you trade very frequently, however, yet ...
- Nickpadovani replied Jul 27, 2020
Idk lol, but I know that I love their existence. I've always been fascinated with candlestick graphs because I feel like there's some sort of mathematical code to be cracked with them one day, although that would of course invalidate their very ...
- Nickpadovani replied Jul 27, 2020
So is each column representative of O/C/H/L for a daily? I'm not entirely sure, but that's just what I'm assuming.
- Nickpadovani replied Jul 27, 2020
I wish more newbies would just be interested in education rather than signal services. I'm so glad I took the route of pure education and chose to just learn from my mistakes. My goal one day is to become a T.A. educator some day, so that I can ...
- Nickpadovani replied Jul 27, 2020
I've only dealt with ECN brokers myself, but idk, I definitely feel like technical rebounds are more commonly at play than stop loss hunts. I feel like the concept of a stop loss hunt implies a lack of accountability for our trade set ups, when we ...
- Nickpadovani replied Jul 27, 2020
Hmm, not sure I agree with this logic. Taking a larger position on one trade is really no different risk wise than taking, for example, 5 trades concurrently that each have risk equivalent to 1/5th of the larger position. it's all about managing ...
- Nickpadovani replied Jul 26, 2020
This is the smartest approach imo. If you take excess profits and repurpose them, that's when a "high risk" account is not only viable, but an attractive approach. It can make trading more exciting, and therefore rewarding for us, while utilizing ...
- Nickpadovani replied Jul 26, 2020
Haha, that rush is certainly addicting though!
- Nickpadovani replied Jul 25, 2020
Nah, sounds interesting though. I know I'd much prefer trading regularly though haha, it's way more fun.
- Nickpadovani replied Jul 25, 2020
Well, if you reference the Futures market, trading is actually largely responsible for the price of many things that we consume, such as oil, agriculture, etc. There is basically a supply and demand as you know, and the traders move prices ...
- Nickpadovani replied Jul 25, 2020
I haven't yet, but i have the intention of creating an all-or-nothing weekly account with XAGUSD once I've passed my weekly target. I've analyzed set ups that could allow for 4 times my margin in mere hours with xagusd, which would loosely ...
- Nickpadovani replied Jul 25, 2020
Following for a later read. Interested to learn more about this, as I rarely trade market flow or volume, which I assume this is related to.
- Nickpadovani replied Jul 25, 2020
It's ultimately gonna be tough no matter what to not have a huge chunk of profits eaten up by fees if your targets are only 3 pips, since it's so close to entry. Hey though, if you can win 70-80% of the time, you should still manage to be profitable ...
- Posts by Member Search: 'Nickpadovani'