DislikedThe stops are there because anything can happen.
That is exactly the point. You can do all the calculations you want but ANYTHING CAN HAPPEN which means you can't be 100% sure. If you are not 100% sure and you are not guessing, then what do you want to call what you are doing?
Guess: To make an estimate or conjecture.Ignored
.......... was given the opportunity to spread bet this week, new to me so had to get used to it a little
13.66% in 3 days active trading by JUST GUESSING ............
.......... and you are making it sound as if we trade luck despite your defination of a guess - l guess nothing, trade PA as it develops @ the zones that we plot as zones of INTEREST to view PA
my defination of guessing in respect to S/D is placing limit orders, buy limts and/or sell limts just because the zone LOOKS LIKE a S/D zone that will be respected - there is no way of telling until PRICE ARRIVAL, PA WATCH and then EXECUTION if prices give you the signs of BULLISH ENGUILFING @ DEMAND and BEARISH ENGUILFING @ SUPPLY
prices can not rally without bullish enguilfing
prices can not drop without bearish enguilfing
how prices leave a zone varies - 2 candle reversal, pin, cluster then cluster resolves, fast move followed by retest etc - HENCE PA WATCH
THE ARGUEMENT YOU HAVE ABOUT STOPS AND RELATING THAT TO GUESSING THE MARKET IS OFF SOMEWHAT, ITS TRUE ANYTHING CAN HAPPEN BUT THE STOP IS THERE FOR THAT REASON BUT IT DOESN'T MEAN YOU ENTER THE TRADE BASED ON BLIND LUCK..... LETS SAY THE TRADER BASED HIS ENTRY ON PA @ THE ZONE AND THE MARKET STILL WENT AGAINST THE POSTION - THATS WHAT THE STOP IS FOR, NOT BECAUSE THE ENTRY WAS BASED ON BLIND LUCK AS YOU ARE MAKING IT SOUND
A GUESS IS PLACING LIMITS BECAUSE YOU THINK IT LOOKS LIKE A DEMAND OR SUPPLY ZONE AND NOT WAITING FOR PA TO GIVE ENTRY - NOT THE DEFINATION YOU ARE GIVING WITHIN THE CONTEXT OF THIS TOPIC
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