What caught my eye in the presentation, was also taking a counter trend trade. In the first line when he was describing the dibs rules Joel said " take the breakout of inside bar, with stop and reverse on the other side".
This type of trading was discouraged by Peter Crowns some two years ago when he was asked by someone in Bemac`s thread, and would definitely end up with a lot of whipsaw and putting hit ratio of this method even lower, but it can also provide you with some very very extraordinary early entries which can payoff on the long run.
Its all very much matter of preference.
This type of trading was discouraged by Peter Crowns some two years ago when he was asked by someone in Bemac`s thread, and would definitely end up with a lot of whipsaw and putting hit ratio of this method even lower, but it can also provide you with some very very extraordinary early entries which can payoff on the long run.
Its all very much matter of preference.
You wont survive without preserving!!!