Not exact matches
Therefore, instead of trying to analyze a million economic variables each day (this is impossible obviously), you can
simply learn to
trade from price action analysis because this
style of
trading allows you to easily analyze and make use of all market variables by
simply reading and
trading off of the price action created by said market variables.
The red - stitched black leather looks and smells more expensive than the hides in the other cars; the no - frills dashboard
trades overwrought
styling features for simple functionality, and the Mazda's driving dynamics are,
simply put, a whole class ahead of its rivals.
My
style is a simple one, I
simply aim to capture a part of an already established trend by going Long stocks that are hitting 52 week highs and go Short stocks that are hitting 52 week lows with a strict risk management approach so as not to damage my account if I have a string of losing
trades (which does happen with trend
trading) and be able still to
trade when the time comes to be in a stock that captures a big part of a trend.
Erica, why do nt» you
simply test forward 3 or 4 variants (like 1.1 x ATR, 1.5 ATR etc) on a demo account and after 50
trades or so you can check for yourself what ATR level suits best your
trading style?
For example, your
trading style may be that you want to see price cross a resistance level by 5 pips before entering —
simply enter 5 in the drop down menu for your «Pad Between Entry & Key Level» at the top of the tab, then enter the exact price of your resistance level.
Nial, all I can say is thank you.You're a great mentor, your
trading style is simple, but highly effective, if one chooses to follow and apply your rules.My
trading got off to a very slow start, I've been following you for about a year now and slowly but steadily I'm beginning to see an improvement in my
trading with more winning
trades than losing ones.This is
simply because I'm following your «naked chart»
trading price action only method.
The most important point to bear in mind is
simply that the option you choose needs to suit your
trading style and preferences.
Therefore, instead of trying to analyze a million economic variables each day (this is impossible obviously, although many traders try), you can
simply learn to
trade price action, because this
style of
trading allows you to easily analyze and make use of all market variables by
simply reading and
trading from the P.A. trail they leave behind in a market.
«We provide access to everything an investor needs to make the most of today's dynamic market opportunities:
simply choose the solution which reflects your investing needs and
trading style.»