- Search Crypto Craft
- scherzi replied Mar 23, 2021
You have to articulate your trades in like 3 timeframes or even more (I usually use D1, H4 and H1 to see where the price magnets are; m15 to understand the main structure and m5 to find enter and exit signals. Sometimes, but not always I use m1 to ...
Market Structure Only- keep your charts clean
- scherzi replied Mar 23, 2021
Ops I saw your answer, but I deleted it somehow and cannot see it anymore. Yes, trading is 90% management and 10% technique.
Market Structure Only- keep your charts clean
- scherzi replied Mar 23, 2021
Lol, as I was saying, people coming to troll and insult. That is why I never publish anything.
Market Structure Only- keep your charts clean
- scherzi replied Mar 23, 2021
Wow, that is very nice. Very few people are so generous as you are. Guys, before being profitable we pass through years of pain and losses, we invest thousands of dollars and it is really hard I must say. nikosk0 deserves your highest respect. I ...
Market Structure Only- keep your charts clean
- scherzi replied Mar 18, 2021
I see. Then I have not understood this thread when I read your post. I am sorry for that. Thank you for your fast and clear feedback. Best of luck.
Market Structure Only- keep your charts clean
- scherzi replied Mar 18, 2021
Look how retests look like actually. . It is not the lows and highs what are being retested. What is retested is the last directional move. While moving up, big funds keep hedging with shorts and they hedge the whole run up in steps. So if a new ...
Market Structure Only- keep your charts clean
- scherzi replied Mar 14, 2021
One can use RRR when you have a clear idea of what price is usually doing. The risk corresponds to a level at which you know price is not being hold against because your structure has been violated. Thus you put there your risk level. The reward is ...
8 Years Later - Still Not Winning
- scherzi replied Aug 15, 2020
There is no one strategy, besides not all strategies fit for all traders. Whether a strategy works for one it does not implies it will work for the rest. I just took randomly one link from Google results after searching "best tested trading ...
How to create a trading strategy
- scherzi replied Aug 6, 2020
In terms of risk-reward ratio, I also think that a higher RRR is better. I usually discard any setup that does not offer at least 3:1 RRR. Besides one can scale out and in while the trade progresses, there is no need to win/loss all each time or to ...
How to create a trading strategy
- scherzi replied Aug 6, 2020
The redrawing effect can be compeltely eliminated by shifting 1 period your EMA.
How to create a trading strategy
- scherzi replied Aug 6, 2020
The lower timeframes usually go in the direction of the higher ones. I agree.
How to create a trading strategy
- scherzi replied Jun 28, 2020
If you limit your trading to the trend, you: 1) Must define what is the trend for you. 2) Cannot trade without a trend. I mean, the points you mention are valid except the need of trading a trend. There are many different approaches to trading that ...
How to create a trading strategy
- scherzi replied Jun 15, 2020
Besides, discretionary trading causes notable fatigue and one needs to secure a minimum profit because if you get hit too hard and it is already late (end of the day, end of the week, end of the month....; depending on your timeframe), one may be ...
How to create a trading strategy
- scherzi replied Jun 12, 2020
Well, the chances of winning are almost 50%. Any setup inside the volatility area with risk-reward ratio higher than 1:1 should be profitable. The problem is not lack of strategies, but wrong risk and money management as well as unskilled people ...
How to create a trading strategy
- scherzi replied Jun 12, 2020
I think that what retail traders do, do not affect the markets, thus most of our strategies have no actual impact on markets and no matter how many of us are applying the same style. Big money trades differently from us and they move the markets, so ...
How to create a trading strategy
- scherzi replied Jun 9, 2020
It depends on what you want to predict. If you want to predict the future using raw market data (OHLCV data), then you will have a hard time and probably zero results. Many have tried, I have seen and studied a lot of Phd papers out there trying ...
How to create a trading strategy
- scherzi replied Jun 9, 2020
The markets have cycles and the cycles are divided into accumulation, distribution and manipulation basically. If you learn how to identify when one of these cycles end, you can ride the price into the next level of prices and phase of the cycle. ...
How to create a trading strategy
- scherzi replied Jun 9, 2020
Agree, reinventing the wheel is absurd. The strategies are there, the problem is that most people won't take the time and effort required to learn and apply them. That is why I say "take one pattern" meaning one pre-existing pattern the aspiring ...
How to create a trading strategy
- scherzi replied Jun 9, 2020
There are persons who will work on different approaches that do not require a trend or momentum-based setup. That is why I am generalizing.
How to create a trading strategy
- scherzi replied Jun 9, 2020
In my opinion, the best approach when learning is to take one single instrument, pattern and timeframe. And train with it until you are able to recognize it every day. And in the meantime you will be improving your risk and money-management skills ...
How to create a trading strategy