DislikedHi Phil, I understand and greatly appreciated. When I saw fti thread., I was surprised to see some similar methodology. However, fti has more experience and totally different level of skill. I read his thread and some In depth knowledge is hard to digest. When I found his thread, he was no longer participating. The only difference I had was mine was on a longer period. Fti mention that it is better To hold short and swift. I could not understand as it work fine when I was doing it long term. Correct me if I am wrong. The longer the war the harder...Ignored
Hi jinsen
So the only goal in trading should be to make money, in AOW your account is the 'state', in trading during long battles foraging on the enemy is key to sustaining the fight without heavily damaging the 'state' or having to draw on more resources, until you can bring the whole trade to a conclusion (you or the market wins), my money management is key in this area, have a look at posts 501 on (page 26), at least read that page and you may get an idea of what I do during my long battles.
Short and swift battles are the ideal way to trade fti’s MO, but sometimes we create difficult situation for ourselves and having a number of well practiced options at our disposal allows for greater flexibility in what we do, especially in today's market were we get far more unexpected news fired at us and are also against the trading machines/algo's.
Regards
Phil.
-be careful about what you allow to be put in your mind-
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, it is just me that i do not want to be a signal service, i had people moan at me via pm's because they could not handle what i do and the way i trade despite me saying do not follow me when was posting my trades live, that is the only reason i post the way i do now, it stopped all of that and i can still show what i may be looking at first then post the concluded trade when finished, it works well for me, but if others want to call what they are doing i have no problem with that, just beware that people like to let others make a decision for them to follow then when it goes wrong for them they moan.
