Kreslik.com - traders community since 2006

Hello. I am trading using Tro methods.
Anyone who trades these methods can share important information related to these methods here.
I will also share my experience here.

What I know:
Trade in H1 candle direction.
You need only horizontal lines - you need trigger lines.
Pick one pair and one method and make laser concentration.
Trading is guessing.
https://youtu.be/44_D23qejgg Questions and answers
https://www.youtube.com/watch?v=Gg6OvLcEWSA Focus on one
https://www.youtube.com/watch?v=v_aYT2u6lwM Questions and answers Buy zone
I will continue to share what I have learned.
Share your experience too. Help each other.

Mark Mark wrote:Hello. I am trading using Tro methods.
Anyone who trades these methods can share important information related to these methods here.
I will also share my experience here.

Hey Mark,

Important Information.

1. Risk
2. Position Size
3. Stop Loss

If you understand what TRO means by risk...$ (money WILLING to lose PER trade)/Or you can use Percents. I use $$. So I say.."I risk $5 per trade."

I first look at my stop loss.

Then I look at my risk.

Then I choose my lot size.

Regarding Strategies.

Look at a chart. Every Candle..Daily, 4hr, 1hr, etc...Has an Open...a High...a Low...and a Close. These are observable and 100% true.

If you understand what I just said, every strategy that TRO has will make sense. Since you understand WHY the strategy is like that.

Price doesn't like wick Zones. Also observable, not 100% of the time, but enough to make money.

-------

Trading is guessing...otherwise you wouldn't put a stop loss.

Taking Profit will be difficult, depending on your psychological make up. (Greed, Fear, Hope, Etc...)

Trading is a numbers game. When you lose, be okay with it. Its trading.

Trading is dealing with UNCERTAINTY!

BambinoFlex wrote:

Mark Mark wrote:Hello. I am trading using Tro methods.
Anyone who trades these methods can share important information related to these methods here.
I will also share my experience here.

Hey Mark,

Important Information.

1. Risk
2. Position Size
3. Stop Loss

If you understand what TRO means by risk...$ (money WILLING to lose PER trade)/Or you can use Percents. I use $$. So I say.."I risk $5 per trade."

I first look at my stop loss.

Then I look at my risk.

Then I choose my lot size.

Regarding Strategies.

Look at a chart. Every Candle..Daily, 4hr, 1hr, etc...Has an Open...a High...a Low...and a Close. These are observable and 100% true.

If you understand what I just said, every strategy that TRO has will make sense. Since you understand WHY the strategy is like that.

Price doesn't like wick Zones. Also observable, not 100% of the time, but enough to make money.

-------

Trading is guessing...otherwise you wouldn't put a stop loss.

Taking Profit will be difficult, depending on your psychological make up. (Greed, Fear, Hope, Etc...)

Trading is a numbers game. When you lose, be okay with it. Its trading.

Do you can tell me about wick zones? What does in mean that price doesn't like wick zones?

TheRumpledOne wrote:Trading is dealing with UNCERTAINTY!

Yes. And trading is guessing.

Mark Mark wrote:

TheRumpledOne wrote:Trading is dealing with UNCERTAINTY!

Yes. And trading is guessing.

Tossing a coin is guessing.

Trading is making a calculated decision based on external information - or at least it should be if you want to actually make money.

I can safely say that I have never entered a trade by singing "Eanie, meanie, minie, mo..."

LeMercenaire wrote:

Mark Mark wrote:

TheRumpledOne wrote:Trading is dealing with UNCERTAINTY!

Yes. And trading is guessing.

Tossing a coin is guessing.

Trading is making a calculated decision based on external information - or at least it should be if you want to actually make money.

I can safely say that I have never entered a trade by singing "Eanie, meanie, minie, mo..."

Good input, you’re correct, trading is more of a calculated decision

Price “not liking wick zones” simply means that price travels in those areas and tends to close out of it. Wick zone is the previous high- upper body (close if green candle) and low to lower body (open if green candle).

You can trade the breakout or you can trade within this wick.

In words...once price enters previous low wick, price tends to continue in that direction and vice versa. Once price reversed in these zones.

Best way to understand it, is to do it

Mark Mark wrote:

BambinoFlex wrote:

Mark Mark wrote:Hello. I am trading using Tro methods.
Anyone who trades these methods can share important information related to these methods here.
I will also share my experience here.

Hey Mark,

Important Information.

1. Risk
2. Position Size
3. Stop Loss

If you understand what TRO means by risk...$ (money WILLING to lose PER trade)/Or you can use Percents. I use $$. So I say.."I risk $5 per trade."

I first look at my stop loss.

Then I look at my risk.

Then I choose my lot size.

Regarding Strategies.

Look at a chart. Every Candle..Daily, 4hr, 1hr, etc...Has an Open...a High...a Low...and a Close. These are observable and 100% true.

If you understand what I just said, every strategy that TRO has will make sense. Since you understand WHY the strategy is like that.

Price doesn't like wick Zones. Also observable, not 100% of the time, but enough to make money.

-------

Trading is guessing...otherwise you wouldn't put a stop loss.

Taking Profit will be difficult, depending on your psychological make up. (Greed, Fear, Hope, Etc...)

Trading is a numbers game. When you lose, be okay with it. Its trading.

Do you can tell me about wick zones? What does in mean that price doesn't like wick zones?

TRO has a lot of videos explaining his wick zone stats on youtube. Just search for them there.

Had a nice trade today with wicks, will post later as away from computer.