Strategic Moves in the Market Inferred from Predator-like Behavior by Individual Traders
Recently there has been a lot of activity hunting scalpers,
I think scalping to day trading is the best
I also believe it is the most rational trading strategy for a professional trader
With day trading to swing trading, the potential loss when you fail is large
By sticking to scalping to day trading, you reduce the potential damage
To win in trading
Don't be confused
If you get lured by the market movements, it’s over
It's better for your own sake not to have the idea of a sudden big reversal
Especially when using a broker with high leverage, that feeling is stronger
Indeed, there are places where a sudden reversal can be aimed for
But that is a market once every several years
And if you fail, you’ll obviously suffer a big loss
Rather than the idea of a sudden reversal
what’s important is that your assets increase, even if only modestly, by continuing to trade
Where should you look in the market?
You look at the market by changing the time frame, but the axis you consider remains the same
When you talk about time frames, it inevitably leads to thinking in each respective time scale
If so, you can't respond well when noise occurs
The foundation of time-frame analysis is
That you are looking at the same axis
“Could this go this way?”
“Is it okay to carry over the current profit?”
“Should I cut the unrealized loss and reverse position?”
and so on
Various thoughts are used, and the market outcomes come from the subsequent positioning
To be faithful in long-term markets, your head must be a bit above the market
Breakout markets and markets with a strong trend are indeed powerful
However, opportunities to take profits in such markets are quite rare; losses tend to be high
Therefore, in my case, I sometimes think of restricting to one trade per day
I look at the logic and the ± results and consider the number of trades with that logic
However, if the entry opportunity timing is highly effective,
you should aim for it more reasonably