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Highest Open / Lowest Open Trade

  • #19,001
  • Jan 13, 2025 9:54am Jan 13, 2025 9:54am
Quoting TooSlow
{image} What do you do now? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
wait...
  • #19,002
  • Jan 13, 2025 9:58am Jan 13, 2025 9:58am
Quoting TooSlow
{image} What do you do now? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
I'm watching how it all happens...But without me
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  • #19,003
  • Jan 13, 2025 10:06am Jan 13, 2025 10:06am
Attached Image (click to enlarge)
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Is there a difference?


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,004
  • Jan 13, 2025 10:17am Jan 13, 2025 10:17am
Quoting Pasha7777
{quote}I'm watching how it all happens...But without me {image}
It appears you had 3 winning trades. How many is enough for one session?


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,005
  • Jan 13, 2025 10:26am Jan 13, 2025 10:26am
Quoting TooSlow
{quote} It appears you had 3 winning trades. How many is enough for one session? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
I think 2-3...But it makes me sad when they stop me and I keep walking and walking
and the price goes on and on...I'm greedy.
  • #19,006
  • Jan 13, 2025 10:27am Jan 13, 2025 10:27am
My 2 trades for the 10 trades challenge. Pair UJ.
First trade accidentally 0.04 lots instead of 0.01.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: tooslow - challenge - trade 2.jpg Size: 441 KB
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  • #19,007
  • Jan 13, 2025 10:28am Jan 13, 2025 10:28am
Quoting TooSlow
{quote} It appears you had 3 winning trades. How many is enough for one session? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
Ok, now I've seen it
  • #19,008
  • Jan 13, 2025 10:36am Jan 13, 2025 10:36am
Quoting gerval
{quote} Ok, now I've seen it
I was guided by the old minimum...That was enough for me to play
  • #19,009
  • Jan 13, 2025 10:38am Jan 13, 2025 10:38am
Quoting Pasha7777
{quote}I was guided by the old minimum...That was enough for me to play
Even if it made a minimum lower under the sail, when you reached the old opening that you had as a reference, did you enter, do you mean?
  • #19,010
  • Jan 13, 2025 10:39am Jan 13, 2025 10:39am
Quoting lorecavoli
My 2 trades for the 10 trades challenge. Pair UJ. First trade accidentally 0.04 lots instead of 0.01. {image} {image} {image}
What have you learned?


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,011
  • Jan 13, 2025 10:42am Jan 13, 2025 10:42am
Quoting gerval
{quote} Ok, now I've seen it
What have you seen?

You have to use a noun before using a pronoun so the reader knows what the pronoun refers to.

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,012
  • Jan 13, 2025 10:58am Jan 13, 2025 10:58am
Quoting gerval
{quote} Even if it made a minimum lower under the sail, when you reached the old opening that you had as a reference, did you enter, do you mean?
Attached Image (click to enlarge)
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  • #19,013
  • Jan 13, 2025 11:06am Jan 13, 2025 11:06am
Quoting TooSlow
{quote} What have you seen? You have to use a noun before using a pronoun so the reader knows what the pronoun refers to. Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
When editing I have summarized so as not to complicate the reader.
  • #19,014
  • Jan 13, 2025 11:08am Jan 13, 2025 11:08am
Quoting Pasha7777
{quote} {image}
I have seen that there was entry despite the breaking of the minimum. Thanks for the clarification.
  • #19,015
  • Jan 13, 2025 11:19am Jan 13, 2025 11:19am
Quoting gerval
{quote} I have seen that there was entry despite the breaking of the minimum. Thanks for the clarification.
No problem, buddy...I'm just learning by myself.
  • #19,016
  • Jan 13, 2025 11:31am Jan 13, 2025 11:31am
Quoting TooSlow
{quote} What have you learned? Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
I learned to wait for the proper setup, which was very rewarding.
I followed the trade management you recommended and I got an excellent result so far.
I was lucky to have almost no DD, I wonder if trading bigger lots I would let price reach SL or if I would close trades earlier and eventually enter the trade at a better price when conditions are met.
  • #19,017
  • Jan 13, 2025 11:46am Jan 13, 2025 11:46am
Quoting lorecavoli
{quote} I learned to wait for the proper setup, which was very rewarding. I followed the trade management you recommended and I got an excellent result so far. I was lucky to have almost no DD, I wonder if trading bigger lots I would let price reach SL or if I would close trades earlier and eventually enter the trade at a better price when conditions are met.
You are on the path. Continue...
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,018
  • Jan 13, 2025 11:58am Jan 13, 2025 11:58am
Attached Image (click to enlarge)
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Some traders are so fixed on the ball, they never see the gorilla!

Inserted Video


What does the chart tell you? Do not think about the "rules". Look with your own eyes and see what is obvious. What is the gorilla on the chart?

Attached Image



Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #19,019
  • Jan 13, 2025 1:26pm Jan 13, 2025 1:26pm
Quoting TooSlow
{image} Some traders are so fixed on the ball, they never see the gorilla! https://youtu.be/vJG698U2Mvo?si=WIeMbzNUCkR-HIoM What does the chart tell you? Do not think about the "rules". Look with your own eyes and see what is obvious. What is the gorilla on the chart? {image} Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
Curious, do you also enter when price crosses between the daily open and daily high?
Would it still be possible?
  • #19,020
  • Jan 13, 2025 3:11pm Jan 13, 2025 3:11pm
Quoting Jannah02
{quote} Curious, do you also enter when price crosses between the daily open and daily high? Would it still be possible?
You didn't answer the questions, Mate.


Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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