Anyone who has chatted with me or written me emails will know that one of my big things is using stop losses and the importance of them for your trading sanity. I have many a debate about the topic, a classic conversation would go (usually from the same trader a
All that matters is price.
Good afternoon all and I hope you are having a great weekend! It has been a while since posting my last theory article, so let’s get back on the bandwagon and talk about trading and compounding. I think it is most traders' dream to be able to escape the
If you are going to use indicators, then you had better known when they are telling you the truth and when they are not, as well as how or when to use them. It is only fair that I elaborate on this subject. I do so for those of you
Trend- I. [n] a general tendency to change (as of opinion); "not openly liberal but that is the trend of the book"; "a broad movement of the electorate to the right" II. [n] a general line of orientation; "the river takes a southern course" III. [n] a general direction in
Four Indicators: * CCI (5) Line at +100, 0, and -100 * Forecast Oscillator: Rperiod (15) t3_period (3) and b(0.7) Line at 0 * Relative Vigor Index (1) Line at 0 * ADX (14) Line at 20 (“Pivot” custom indicators / BT1 / BT2Sig / BT2Stop / Volume /) Directional Indicators: * 5MA (Linear Weighted/Close) * 20MA