[quote=Wizzlebizzle;13347349]{quote} Thanks Billy, I like your name too And I trade off stats too, and since I have come across HOLO/123 of lines as well. It just makes sense, doesn't it? I am finally gearing towards profitability, but no where near what I see you guys do. I do have a question about stats and probabilities too, but I'll save that one for later. As for my current question, as I am writing this I might have already figured out the answer to my own question lol, that's
You have nailed it bud.
That is what you do, BUT, make it your own.
You picked up on a couple of very good points.
First, forget about spread, margin we work around that.
First trade we are short at 1?, when this makes +10, we then enter a second trade at 1? hopefully this too drops to make +10, then repeat until you think fine.
Or, we enter 1? at break and it drops 10, we then enter a second trade at 1? , if it retraces close this trade at example -7, our first trade will then be +3.
You can then either play the first trade , it will either fail or retrace back down,
so we can either close at +3, maybe let it fail then fix, or when/if it retraces back down we short again and carry on.
Some days you may get a few points, but on others like e/u and a/u today you will get a good bag full .
You have nailed it bud.
That is what you do, BUT, make it your own.
You picked up on a couple of very good points.
First, forget about spread, margin we work around that.
First trade we are short at 1?, when this makes +10, we then enter a second trade at 1? hopefully this too drops to make +10, then repeat until you think fine.
Or, we enter 1? at break and it drops 10, we then enter a second trade at 1? , if it retraces close this trade at example -7, our first trade will then be +3.
You can then either play the first trade , it will either fail or retrace back down,
so we can either close at +3, maybe let it fail then fix, or when/if it retraces back down we short again and carry on.
Some days you may get a few points, but on others like e/u and a/u today you will get a good bag full .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.