Disliked{quote} TMS will fail in narrow range sideways market. Buying dips in narrow range sideways market will kill many accounts. Big E taught us to pick the best trade setups and his training charts show us the market type where he would trade the 4hr TDI green line slope at 10PM and 2AM . he was no good trading anything below H1. He was honest about that.Ignored
Those who suffer from these loss are traders who need to work hard on their trading knowledge and stretagies.
Not only for sideway market condition, we can see trades which are buying/selling into S/R even in trending conditions. The trades went into TP1 10pips according to poster, and hit the SL at BE.
TimeFrame is personal preference in Trading Made Simple. BigE preferred to trade HTF but also explained explicitly that it is not a restriction.
#644, #1170, #4470
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