DislikedI just noticed that I had an old pending buy at 2174 which got triggered. Oh dear!!!Ignored
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- Joined Apr 2020 | Status: Trader | 7,951 Posts
Intraday swing scalper (+) via 1min+ repeating set-ups
- Joined Mar 2008 | Status: Name real with real own way | 22,234 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
{quote} Hi, we dont get to choose which one w'd put first. Its a process. During a draw up, everyone is a super trader, but the moment they incur 2 consecutive loss, they disappear and re-appear when they reload their $500 account. or they start changing strategy. Margin call is their stop loss (gambling) This cycle repeat on itself, and very few are achieving geometric mean growth. But the best trader isnt the one who make the most money, but the one who consistently make it and also able to grow from his Drawdown.
You can use whatever superior money management but it looks more like martingale system managing drawdown
without excessive risk you’d need market to move twice as much in the right direction to make up for 1:1 loss isn’t it? if market would move 1:1 and you’re down then breakeven = 1:1 1% without margin. To be in profit managing same drawdown with profit with same movement you would need to enter with 2% risk. If you don’t know your fail rate how can you know nth of your failures (since any of your gang doesn’t use TE or similar software)
else
2% fail = 3% total and goes on and on.
meaning without excessive risk you’d can’t be profitable with TA.
Statistics don’t lie again
How to succeed in zero sum game?
- Joined Apr 2020 | Status: Trader | 7,951 Posts
Intraday swing scalper (+) via 1min+ repeating set-ups
I will wait 
!! Radha Radha !!
- Joined May 2020 | Status: membership rewoked | 9,167 Posts
{quote} Really? You’ve heard a basics of MC?or T721 with his subscription business? I heard his telegram business went sideways because people started asking too many questions… waveskierrob is on night shift he can’t bark atm… Still all talk no walk
- Joined May 2020 | Status: membership rewoked | 9,167 Posts
{quote} Please explain like a man how are you trading profitable with drawing lines on the chart and calling candlesticks supply/demand/liquidity when by fact a candlestick bar is …..? It doesn’t have any information regarding supply and demand or liquidity? You can use whatever superior money management but it looks more like martingale system managing drawdown
- Joined Aug 2011 | Status: Trader | 4,888 Posts
I'm waiting to buy anything near 2020. And I'll buy with both hands.
Observation is the path to discovery.