aliassmith wrote:Mira wrote:Sandra wrote:Simplify..... need to simplify... leave the 5min till you get the basics.
thoughts?
S
Thanks Sandra
There are some days that I wonder how people (you all) can make money or even make a living with trading.
I sit in front of my pc and there are doji zones, then there are zlines, 3 semas, ATR, stop loss and position sizing.. and everything evolves or can change every one, two or three bars.
My brain goes
Sandra said simplify.
If your brain is overloaded then cut back.
Trade only one set-up type.
Move up to 15M chart
Don't position size on the smaller charts, just trade your smallest size for now.
I only put the SEMA on my chart because a few of you used it, I don't use it because it repaints.
I prefer Horizontal lines because they don't repaint.
I moved to 5 min because I haven’t so much time to trade.. or better: usually I can’t trade the “hottest” hours.
I have the first two or three hours of the US session and the hours around the rollover (it’s evening at that time). Trading daily charts is something that invaded my mind for a while and now that you’re doing the same maybe I could follow up.