Hello
I am using this space to blog my attempt to use the method tought in the above mentioned thread for doing intraday trades.
I am learning to trade. I have read that only 5 to 10 % succeded in this profession. Also that intraday trading is toughest of all types of trading. At the same time intraday is also the best form of trading to learn trading. I will be doing paper trading or mock trade.
I will be getting the setup done for software and data input, if it gets done ok then will start blogging about trades tomorrow, if not then whenever its done.
Meanwhile I will try and summerize the method in my own words.
Thanks
nb
Link to the Original thread with SAINTS' Lessons
Link to My Post with Concept
I am using this space to blog my attempt to use the method tought in the above mentioned thread for doing intraday trades.
I am learning to trade. I have read that only 5 to 10 % succeded in this profession. Also that intraday trading is toughest of all types of trading. At the same time intraday is also the best form of trading to learn trading. I will be doing paper trading or mock trade.
I will be getting the setup done for software and data input, if it gets done ok then will start blogging about trades tomorrow, if not then whenever its done.
Meanwhile I will try and summerize the method in my own words.
Thanks
nb
Code:
|
[B]Long Setup, Entry & SL[/B] |
HH__________|____ Buy Trigger
| |
| | |
HH | | |
| | |
| | | HL
| | | |
| | |____________________ SL Level
| | HL
| |
| |
| |
|
| |
| | | | |
| | | | LH___________________ SL Level
| | |
| | | LH
| | | |
| | | |
LL | | |
| |
LL______|________ Short Trigger
|
|
[B]Short Setup, Entry & SL[/B] |
Link to the Original thread with SAINTS' Lessons
Link to My Post with Concept
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