Your continuing dissatisfaction with your trading results should tell you that you need to change something. I suggest dropping the 1minute charts and going to 5 minute time frame. When you use 1 min. you are too close to price volatility and you end up getting taken out early. You need to let the candle stick patterns develop in order to recognize typical high probability trade opportunities. If you keep using your standard approach you will not be around much longer.
Will you work for a Denarius? - In other words "a day's wage". I am an individual trader that has 25 years of both good and bad trading who decided to take up Day Trading in hopes of earning "a day's wage" and leave the rat race forever.
This blog is only a dumping of my mind. I will at times make suggestions on how to make money. If you follow them, you are on your own. With blogs - you get what you pay for and if you follow my suggestions - I will consider you crazier than I am.
1 comment:
Your continuing dissatisfaction with your trading results should tell you that you need to change something. I suggest dropping the 1minute charts and going to 5 minute time frame. When you use 1 min. you are too close to price volatility and you end up getting taken out early. You need to let the candle stick patterns develop in order to recognize typical high probability trade opportunities.
If you keep using your standard approach you will not be around much longer.
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