Never Lose Again

[Mira]

The weekly range is an end result that is of an approximate size.

There are only two options:
1. go up and expand the range
2. go down and expand the range

NLA_004.png

Is it like saying that the weekly range could be a reason to hold for more than 2 lines on H1?
I know, I know.. I have to learn to stop&reposition for now.
I’m asking just for my own sake

Thanks MO

[MightyOne]

I used to draw the CZ by hand.

CZ_byHAND.png (4.08 KiB) Viewed 5106 times

[MightyOne]

Is it like saying that the weekly range could be a reason to hold for more than 2 lines on H1?
I know, I know.. I have to learn to stop&reposition for now.
I’m asking just for my own sake

Thanks MO

You only hold if your position size is large and even then you are sized for wider price movements.

If trader A holds his trade for 1 year and makes 1000 pips & trader B accumulates to 5x their starting size, by absorbing small profits, then how many pips does trader B need to make before he makes the same amount of money as trader A? (25/125)1000 = 200 pips.

[Mira]

Is it like saying that the weekly range could be a reason to hold for more than 2 lines on H1?
I know, I know.. I have to learn to stop&reposition for now.
I’m asking just for my own sake

Thanks MO

You only hold if your position size is large and even then you are sized for wider price movements.

If trader A holds his trade for 1 year and makes 1000 pips & trader B accumulates to 5x their starting size, by absorbing small profits, then how many pips does trader B need to make before he makes the same amount of money as trader A? (25/125)1000 = 200 pips.

Thank you MO.. I’m just trying to understand..

So why trading big charts is better than trading small ones? Isn’t because there are thousands of pips from extremes to extremes?

[MightyOne]

Thank you MO.. I’m just trying to understand..

So why trading big charts is better than trading small ones? Isn’t because there are thousands of pips from extremes to extremes?

What is the difference between plotting 4 ticks & the OHLC of the monthly chart?

What can be drawn on any chart, smaller than MN, to say that price is going up when the monthly candle is pushing on its lows?: all trendlines have broken, every 1-2-3 has failed, & if someone wanted to go short then they are short.

Can the same be said of 4 ticks or even the OHLC of any of the smaller charts? No, it is meaningless without more information.

So be it position sizing, money management, technical analysis, or life, one should take a well balanced approach and not rely on one aspect of something to be a cure all.

[MightyOne]

It is usually the case that TRO's indicators match the areas of interest.

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[Mira]

It is usually the case that TRO's indicators match the areas of interest.

for_TRO.png

More powerful than dynamite

[MightyOne]

More powerful than dynamite

Do you see all of the different trades that you can take?

You can bet for or against the shooter

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[MightyOne]

NLA_001.png (13.49 KiB) Viewed 6452 times

[MightyOne]

Do you see all of the different trades that you can take?

You can bet for or against the shooter

for_you.png

it finally went to the prev. high of 1.17572

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