Re: Wallstreet1928 is back-Analysis & Live Calls on FTSE/DAX.aimed to help new trader
That is a very dangerous strategie , because sometimes it works , sometimes not.
Play the fire , and if you follow the trend , you get nothing .....
A little more intelligence is comfortable to get win , I dont make domino constructions with 2 or 4 charts , because its too complicated and it mostly dont
works well , the bank watch you all the time and buy against this trend , then you lose a lot of money , before your stoploss come .....
![Mad :mad: :mad:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
To react only on the moves , that comes in is easyer to handle , and you dont must think why ? There is no why !!! The moves are nonlinear sometimes and you
could not analyse them . I say : could you handle this ? yes = trade + no= go out .
If its getting to hard = stoploss comes 1-3 times = make a rest until the market
gets slower and let you make a good trade . That is all you need to know :smart:
have a nice trade WS
OK folks ............Think about this ???
Compare this Barclays chart to the chart of the CAC 40...please see chart below and ignore all the silly spam ??? Look similar ?
hmmm..........interesting ?
Lesson for New traders = Whole market is one risk machine, so its either
1. Risk ON
2. Risk OFF
regardless of which instrument you are trading ..........
Its like a domino effect .........identify the 1st Domino to fall and the rest becomes easy. But obviously you must learn to play the piano first , so find a good teacher who can explain to you how to play the piano??
ONce you learn to play the piano then you can identify the 1st domino.......once you know risk off , risk on .. everything else becomes easy ???
Think ???