DislikedHi Peter Yesterday I read Martin Coles Market Maker book and there were some takeaways I thought I would like to ask you about. The key takeaway from the book was that all Technical analysis will fail in the wrong run and that the only way to trade successfully for the long term was to learn the Market Maker business model and place trades in accordance to that. Accumulation, stop...Ignored
They are always happy to oblige you because they have a big stake in 5 to 6 pips. They get to keep upto 33% of your profit.
MM run plugins that keep looking constantly for such trades and are more than happy to oblige.
Scalping is an easy to execute trading method that does not require any indicators, risk management , signals for direction, etc.
Your eyeballs can handle it.
You have to do probability studies. That is the foremost requirement . The study will prepare you for throwing lollipops to MM plug-ins.
Practice makes a person perfect
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