Reply
 
Thread Tools
  #106  
Old Aug 29, 2009 7:49am
Member
 
Member Since Jul 2008
1 Voucher  395 Posts
Default

I have read a couple of books and spent some time in a mentor service where the guy talks about finding out where the losers are and when they have to get out (when the pain of losing becomes so great they finally liquidate).

It's a concept I don't really grasp totally, mainly because it's not as easy as throwing a bunch of indicators up and looking for triggers, or looking for patterns (pinbars ect).

Where did the loser get into the market and when is he going to cover.
__________________
"Great spirits have often encountered violent opposition from weak minds." Einstein
Reply With Quote
Reply

3 Traders Viewing This Thread (2 are members)
withnail, InvisibleMore than 10 Vouchers
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Using future orderflow, to predict spot prices woo Trading Discussion 16 Jul 2, 2012 3:14pm
Vidas - Orderflow Nritv Trading Journals 1 Feb 10, 2011 1:07pm
Help.. Pending stop order when market price and Open price between broker requirement dewaforex Platform Tech 5 Apr 5, 2010 5:32am