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RobinHood replied Mar 16, 2021There's not one definitive answer, at least not for me, but this is how I usually decide what to do... If the lower time frame says to short, and the higher time frame has a majority of the indicators, like 5 or 6 that also say to short, then I take ...
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RobinHood replied Mar 14, 2021Most Forex traders start off day trading the Forex, and on very low time frames. Constantly being glued to the trading screen. They NEVER imagined that they would ever trade a time frame as high as 4 hour charts. But now, many, many, many of them ...
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RobinHood replied Mar 14, 2021That's a good idea, BUT...how do you deal with the 1 hour chart during the 6 - 8 hours that you should be sleeping? If you moved up to the Daily charts you wouldn't have that issue, and you'd make more money.
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RobinHood replied Mar 13, 2021First of all...Congratulations! I don't have anything new to add. However, while I fully appreciate your desire to improve your entries (and your exits I presume), any seasoned trader would tell you that if you can double your account in a month by ...
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RobinHood replied Mar 11, 2021My back testing shows the same thing...so in this case, logic should override. Streams flow into rivers, and rivers flow into oceans. The larger the body of water, the more powerful the flow. Therefore, the higher the time frame, the more powerful ...
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RobinHood replied Mar 9, 2021You should try coding in anything that appeals to you. One never knows what will work until they try it.
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RobinHood replied Mar 9, 2021The rules are not purely mechanical. Here's what I wrote on Page 1 of this thread: "What you must understand is that what's presented, as it's presented, is NOT a trading system. A system has concrete rules with no variables. Methods don't. What I ...
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RobinHood replied Mar 9, 2021What every trader MUST LEARN TO ACCEPT is... You can't buy the bottom. You can't sell the top. The best you can do is just take a piece of the middle. I lost more money in the last 2 weeks than I paid for my first house. BUT, I am still up 400% this ...
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RobinHood replied Mar 9, 2021I have not tried because I for many years I created and coded mechanical trading systems and that no longer appeals to me, because... It's like the guy that invented Roulette, Blaise Pascal, he committed suicide because he invented a game that he ...
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RobinHood replied Mar 5, 2021There is no one right answer. You have to do what feels best to you. The way I now always trade is...For example...If I am trading a Daily chart, I look for the indicators to be aligned on the Weekly chart first, then I wait for an entry on the ...
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RobinHood replied Mar 4, 2021For 30+ years, I have tried to figure out when NOT TO TRADE, and as of yet, I still don't have the definitive answer.
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RobinHood replied Mar 4, 2021I have not updated it, ever. It has to be a problem on your end because as you can see no one else here is saying that they are having the same issue.
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RobinHood replied Mar 3, 2021That's a good way to trade. On the 3rd 1/3, you should let it run until the market takes you out rather than getting out at a predetermined Profit Target.
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RobinHood replied Mar 1, 2021It's not my opinion, it's a mathematical fact... Nothing...no progression (positive or negative) because of the betting limits that the casino imposes, nor any bet selection beats the casino over the long run when the game has a built-in ...
Opinions and Experiences with Hedging and Martingale
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RobinHood replied Mar 1, 2021I've never used that platform so I can't help you with it. Call their customer support and maybe they can help you with it.
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RobinHood replied Feb 28, 20211. You do not NEED all the indicators in the right direction to enter a trade. At least I don't. 3 or 4 or 5 is good enough for me. But, that's also a personal preference. You do what works best for you. For example, when I trade stocks, I ONLY use ...
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