Vom: 19.03.2016 06:35
When confronted with mixed signals and charts are are playing a tune that's not familiar, what should we do? If firstly you have a familiar set of day trading signals that have been proven and tested with a probability attached, the answer is quite simple. They feel that if they aren't in a trade they are not working.
Day Trading Secrets - You need to have determined some sort of statistical probability in regards to what you are looking for in a setup. You can't just stare at the charts blindly. An uncertain trader is a losing trader. Find something that works. Whatever it is, just so it works. Then you need to understand how often it works, and how often it fails. If it's not around 75 % - 80 % success rate don't even waste your time. Desperation and uncertainty will settle for a 55 % probability requiring linking money management into the formula. To each their own.
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