I have seen many burn for not accepting a small loss. Here the secret is to cut quickly what does not work and let run what flows. It sounds simple, but few apply it.
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I have seen many burn for not accepting a small loss. Here the secret is to cut quickly what does not work and let run what flows. It sounds simple, but few apply it.
You don't need to be a genius to apply this, but you do need to stop improvising every time you enter the market.
The one who said that scalping is an invention of impatient novices: thank you for your pointless opinion. This requires more focus and more cold blood than many swing strategies.
Using tick graphics is not mandatory, but it gives you a brutal reading of the micro-movement. If you are one of those who expect eternal confirmations, this is not for you.
Don't expect miracles the first week, but if you practice logically and check every entry critically, in a month you'll be seeing real progress.
If you're going to use this system and put it on martingale, you better not even start.
Some have written to me asking if this works in cryptos. The answer is yes, but look at extreme volatility. You have to adjust the parameters.
One recommendation: do not operate tired. This requires maximum attention. If you are not 100%, better or look at the chart. A bad entry ruins all day.
I see that many are having problems with fake pullbacks. Look carefully if the recoil reaches a clear zone of support/resistance and if there is rejection. Not every recoil is opportunity.
Today I had three operations: two with profit, one with break even. Results? $155 in less than an hour. And the best, without stress. That's the goal.