MightyOne wrote:This is what my mind sees when I look at a chart.
Do I have to worry about the candle that closes lower or is it "expected" price action?
I see bodies that close lower, but where are the wickdolls & what does this chart look like on the 4 hour?
You learn how to attack a chart by attacking charts & you learn how to be ballsy by being ballsy.
No one can teach you how to trade, you have to learn by doing & taking notes.
To anyone that is not profitable or starting to trade this is the single best advice "you have to learn by doing and taking notes". Doing this makes you see why the "idea" worked or didn't (i.e. is that really a momo, did u compare it to past momo's or did u just go by 2x body).
I always have a million stupid questions, i want to ask. But 99% of the time the answer has already been posted and talked about to death.
Perfect example, for the life of me I couldn't figure out the idea for macro pipping, which seems like a real easy concept and it is. So I re read the thread and kept repeating the the idea to myself.
All i had wrong was the way i was saying "close under extreme" and how I was interpreting it. Problem solved now i have a new piece to the puzzle, I'll do a bunch of mark ups over the weekend and start live trading next week (extremely small risk, but i learn by doing and making mistakes and not repeating them).