|
Quote: |
|
 |
|
|
other than having;
poorly thought-out trade set-ups
bad execution system
and clear impulsive trading behavior
all looks good.
seriously, bro. you have a lot of work to do. not sure where to start. you need to have a well thought-out gameplan and strong discipline or you are going to blow your account out fast.
I would suggest you first learn to read multiple timeframes -- a higher timeframe for the set-up and a lower timeframe for the execution. trading off candlesticks in a single timeframe with some pivot points is not going to work for 95% of us. some small fraction of traders with incredible innate ability can do what you are attempting but I would go short this concept as a rule. |
|
|
|
|
You are right. I just want to clarify that I looked at the monthly and weekly chart, then the 2 day chart. Are you saying I should do 5 minute candles instead of 15minutes. I tried that but on the 2 day chart the 5minute looked too smooshed. And I prefered the 2 day chart because I could compare yesterday's moves and because it added an extra pivot which was significant today but did not show on the 1 day chart.