I have been getting roughly about 30 to 40 trades a month so 1 instrument is all that's needed. Bottom line is how much profit is recorded at end of month
Yeah I agree. Every time I tried juggling more than 1 (greed) I get humbled again by bad trade management. 30/40 trades a month is a nice amount! that is 1 or 2 good setups a day.
Yeah I agree. Every time I tried juggling more than 1 (greed) I get humbled again by bad trade management. 30/40 trades a month is a nice amount! that is 1 or 2 good setups a day.
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that's done over a 4 day week I don't trade Wednesday so 16 days a month
I have read all of the posts starting with the ones suggested at the beginning of the thread. What I would like to know is if 2b's are being taken at LOD/HOD for a reversal trade (also 123's) or just the HATS (H&S).
Dont know what lod/hod means but he's the whole concept we take clear HAT trades regardless of days trend where ever it shows up. We determine days trend via PA from midnight to 830 ny time. We look to get back into the trend via 2b and 123 setups.
Dont know what lod/hod means but he's the whole concept we take clear HAT trades regardless of days trend where ever it shows up. We determine days trend via PA from midnight to 830 ny time. We look to get back into the trend via 2b and 123 setups.
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Okay, I think in understand now. We take 2b and 123 setups to get back into the trend. We take clear HAT trades regardless of where they show up. So the HAT trades are the only trades that would be used for a reversal trade. HOD/LOD was meaning if we made a new low or high during the trading day which is where I thought was the only place we could take a counter trade with a 2b, 123 and a HAT trade. But it's only the HAT trade that is used for a reversal trade. I hope I am making sense.
{quote} Okay, I think in understand now. We take 2b and 123 setups to get back into the trend. We take clear HAT trades regardless of where they show up. So the HAT trades are the only trades that would be used for a reversal trade. HOD/LOD was meaning if we made a new low or high during the trading day which is where I thought was the only place we could take a counter trade with a 2b, 123 and a HAT trade. But it's only the HAT trade that is used for a reversal trade. I hope I am making sense.
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you got it correct sometimes the hat gets us back into trend also
