I see that you're making lots of great trades! Good work man. I'm curious at how you come to those positions though, you're defying Luc's Law, yet profiting immensely!
You are viewing a single comment's thread from:
I see that you're making lots of great trades! Good work man. I'm curious at how you come to those positions though, you're defying Luc's Law, yet profiting immensely!
I'm range trading, if you see my first sell the markets had already established a logical up/down range so I played off that. It then had a huge upside pump and I bought back around where it broke out from and then sold where price was a little congested.
If you flip the chart upside down, I Imagine Luc would have seen the are to the left (my first trades) as a base and would been buying the spike (lower) to exit on a pullback to the breakout point (where I bought).
I've had a few broken base trades, slowly adding it into my trading toolbox.