Learn How To Fish
- Thread starter VJAY
- Start date
- Status
Golden line posted by primitivetrader
one of the greatest lessons you will ever learn is how to recognize the trade that has your name written over it. you cant let impatience or greed tempt you to take trades that do not set up exactly in accordance with your trading plan. there is lots of slope in the market. stay away from anything and everything that does not adhere to your specific considerations.
one of the greatest lessons you will ever learn is how to recognize the trade that has your name written over it. you cant let impatience or greed tempt you to take trades that do not set up exactly in accordance with your trading plan. there is lots of slope in the market. stay away from anything and everything that does not adhere to your specific considerations.
One more line from primitivetrader...
following are the steps to be followed consistently day in day out (even if they become boring)
spot the setup.
trigger the entry.
set the stop loss
take profits.
if not following the above steps, then i am only doing analysis not trading, which is not good for my account. its not the analysis but execution of analysis that makes profit.
to be consistently profitable above 4 steps are my "HOLY GRAIL".
following are the steps to be followed consistently day in day out (even if they become boring)
spot the setup.
trigger the entry.
set the stop loss
take profits.
if not following the above steps, then i am only doing analysis not trading, which is not good for my account. its not the analysis but execution of analysis that makes profit.
to be consistently profitable above 4 steps are my "HOLY GRAIL".
Post by lemondew....
In sideways,
The following can also be tried
1. Take no trades.
2. The sideways is broken only if we close above boundaries. (Closing bar your timeframe bar).
3. When sideways breakout fails sideways expands.
4. If sideways becomes too large then try to find a sideways in sideways.
5 Trade the breakout of smaller sideways in sideways
In sideways,
The following can also be tried
1. Take no trades.
2. The sideways is broken only if we close above boundaries. (Closing bar your timeframe bar).
3. When sideways breakout fails sideways expands.
4. If sideways becomes too large then try to find a sideways in sideways.
5 Trade the breakout of smaller sideways in sideways
- Status
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| L | Help me learn AFL | AmiBroker | 1 | |
| F | Learning to Fish | Technical Analysis | 10 | |
|
Learning to Fish with Vijay Sir | Day Trading | 40 | |
|
Learn How to Fish - VJAY | Derivatives | 10 | |
|
What happened to Learn to Fish thread? | General Chit Chat | 57 |