/biz/ - Business & Finance

>>16233649
Jesus fucking christ there's already a general for this.
>>16233186

>>16233668
>>16233669
>>16233683
>>16233698
OP These people are retarded

>>16233763
this guy's on to something

>>16233649
Your problem is you don't fucking calculate for entry. You're just betting with the trend, which works for some traders but usually not margin traders. Whales stop hunt regularly to liquidate people. HOW DO THEY FUCKING DO IT? Well I'm glad I asked, they do it using technical analysis to find buyer's supports and seller's resistances. (Disclaimer: whales can fail at TA and then you get other crazy bullshit, but thats a more advanced lesson)

The way you avoid to start is to draw clear trend lines from the higher time frames and identify a support and resistance there you can respect for the majority of the HTF's move.
Then on low timeframes for the current move you are trading identify the swing lows and swing highs and whether you are in a compression range.

You don't know shit about volatility theory so you're not gonna be able to identify a compression range. Read Volatility illuminated by Mark Whistler.

What you can do though is make an entry when you see price match with a local wick
pic related is an example. Ignore the ma's those are my bollingers working. You're not always gonna have MAs saving your ass, so learn to track stop hunts using wicks.