TheRumpledOne wrote:What exactly was helpful to you?
I took a couple of notes that were important to me:
"And of course a lot of times you might be upset because you said well if I would've stayed I could've had..."
"That is the thing you have to overcome if you're going to use a scalping method"
"and if you try to push it you're getting away from the method and you're on the path to ruin"
"but what you don't do is mess with the method and let it go against cause you're going to get bit"
Frequency distributions are for when the market is closed to find possible opportunities to take trades, but are not needed to trade. I was a bit "too" focused in trying to have every stat in my favor but that's not practical (nor possible, I think). It seems that once you're in the trade you have to exit according to what price is doing. The 1 minute chart comment in the last video made me think about that, when you said that we could see where there was congestion (and that maybe it would be a good idea to exit the trade). There aren't frequency distributions I can look at for that, but it can give clues for potential exits. That's one thing I think I was missing as well.
My trades this week lasted a few minutes at most, so trading while looking at the M1 chart like that might be useful to me. I will put this into use this week.