I don't know tar... I've heard raging arguments over rolling book hand-overs about the semantics of open positions that lasted a good two hours and threatened international relations.
Humans love to be right. I never gave a shat.
I already knew it, but it took me posting up to halfway through this thread
to remember none of this matters really.
Its all about conflicting belief structures.
Everyone here who argues their corner does so
because their belief structure is the foundation of their approach.
While it can be interesting, and some may even say beneficial
to understand how other participants think, and what their belief
structures are, it is largely personal.
Something as simple as a semi random entry at a high volume
point early in a session with exit being based on run if right,
or GTFO if wrong can work - thats what my automation does.
Granted it isn't precise or particularly efficient.
That wasn't the aim - a robust approach was.
How robust is it in reality - holding up fine,
ask me in 10 years for the definitive answer...
😆
Point is, none of that has anything to do with much mentioned in this thread.
I'm certainly not suggesting that is the best way, or would
suit everyone, it patently wouldn't.
In fact I am constantly searching for greater efficiency myself...
I spose thats what it all boils down to, developing a belief structure
that works on a personal level, suits your way of thinking
and is psychologically tradeable in terms of precision,
efficiency and drawdown.
Thats all it is really.
Which is why everyone has massively different viewpoints and opinions.