prochargedmopar wrote:"If you have a 'good position' your entries literally do not matter" MO
Also,
"The biggest mistake people make is trying to trade in the 'middle'." MO
What do we have here?
My biggest stop ever is 10 pips. This 'trade' went 13 pips against my entry.
Where was my ACTUAL position?
1:1 stinks unless you have large amounts of held profit. (opm)
How do traders make $$?
Position (pointy places)
Lot size (using OPM via stacking lines)
Expansion
If I want to trade an m5 position I've got to use m5 stops.
If I want to trade an h1 or h4 position I've got to use h1/h4 stops
OR,
Use m5 stops at or outside an h1/h4 pointy place (liquidity pool). No bones about it.
Last chart is an m5 position AND m5 stop but trading in the WRONG place. (small R:R)
Screen Shot 2022-03-15 at 10.33.52 PM.pngScreen Shot 2022-03-16 at 8.22.49 AM.pngScreen Shot 2022-03-16 at 8.24.01 AM.pngScreen Shot 2022-03-16 at 8.33.20 AM.pngScreen Shot 2022-03-16 at 8.44.54 AM.png
I feel like i see you take trades in the middle all the time. I mean you will literally go short, then go long, then go short again. You gotta be in the middle for at least one of those trades.