X-Axis Entries/Exits
If you've read some of my previous work (some of which is very green and naive, but I am still proud of how my research has progressed), then you likely have read this thread from the recycling bin.
What I am talking in the first half of the post is what I am focusing on now. I looked at price moves from pivot to pivot is that.
Today, this conclusion still holds true and I consider it to be authentic. I can also recreate the experiment each and every pair and get the same outcomes. If you put in the market, put an SL and TP, and just await the trade to either be a winner or a loser, then you have a negative expectation together with the spread, and obviously will always break even when there were not any spread.Originally Posted by ;
It took me a very long time to understand why this is how it is. For a little while, I wasn't even searching for a why, and I never pursued why, but just stumbled across it in talks I would have afterwards along with traders.
The reason is that... when trading like this, there aren't any X-Axis Exits.
Your admissions and exits over the X-Axis are equally important as your entrance and exits on the Y-Axis.