TheRumpledOne wrote:A sixth sense do NOT necessarily make you a YALE Student.
Let's clear things up:
1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.
2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run.
On point (1), do you mean always trade in one direction for ALL pairs? Can I choose to be always green for some pairs and always red for others, and I won't switch the colour of each pair after I have decided on their colours? You will probably quote the experiment where the rat beat Yale students by committng to one direction, but I still cannot fully understand this.