I just found it odd that the chatter on this thread this morning was the same as yesterday almost as if nothing had happened overnight.
The wholesale markets are very much focused on these things, and that is very much the tail that wags the dog.
I can't see myself ever being purely a technician, and even more so given the kind of extremely short term charts that most people on these threads seem to use - no-one with market moving amounts of money cares about that kind of thing.
The timeframes (utilized) reflect the attitudes I guess?
No disrespects to anyone, & I could be proved wrong? but the supposed avg stakes being punted thru the retail shops, on sub hourly timeframes, with quite tight stop/risk parameters, won't generally be gunning for (even) medium term runs up & down the ladder.
Yet, given the true costs (inflated spreads, re-quotes, price skews etc) of execution roll up, it's those types of strategies which would undoubtedly help to offset said costings.
Like you say, everyone's entitled to run their ship according to their own rules, but decisions based around longevity of trade positions (including position compounding etc)are very much dictated by the account balance. And I doubt many retail shop participants will be blessed with a top heavy bank roll?
When the $$'s are tight, the mind needs to be extra strong! Unfortunately, that's often the first thing which breaks down, & if you're punting with scared money, your outlook (& analysis) tends to get clouded.
