Received 2 Karmas
papajohn
papajohn Dec 22, 17 5:07 PM

If you haven't been tracking the setups you are playing, then you should start doing that. That is how I found success. I thought I was really good at identifying ABCD patterns and buying morning panics. But after i started tracking the setup for every play I made, I found I wasn't actually profitable in either of those, and I was actually really profitable playing breakouts. It is okay for you to get an idea of what other people are successful with, but you really need to find out what is worki

dmatin
dmatin Dec 23, 17 12:03 AM

I think that buying first red day panics, especially OTC overextended panics, is a real good pattern, and it's all about the entry. If you enter at the wrong time it can completely screw up your risk and make you nervous in a trade. So if you see a potential setup unfold, pull the trigger - don't hesitate. And above all remember: It's a war not a battle.

EZTrades
EZTrades Dec 23, 17 11:46 AM

Screen time. That is the only thing I can recommend that will allow you to get better. Keep studying and keep trading. Its like sports. You have to practice and practice and practice and even then you still arent good until you play in the game and know what pressure feels like. Be patient and be consistent. It will eventually come together.

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