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Re: XARD - Simple Trend Following Trading System

DTRCT, Sun Jul 05, 2020 3:59 pm

RplusT wrote: Sun Jul 05, 2020 3:09 pm

"..and are you saying that a new person SHOULDN'T put in chart time..." Nope! But the same statement for you and me is not the same. It's not glaring at the charts 24/7. I don't know the movements of my instruments either. Nobody does. I wish I would. CHART TIME....I mean education! Trading naked (no, I keep my clothes on..lol), purely on S/D levels drawn from weekly and daily charts. This is the business requirement one must refer to if one considers trading a business. Like very other business it is driven by Supply and Demand, period! And that's what I suggest everyone, and beginners in particular. Plus having sufficient funds. More Indicators are just for decoration.
I have the luxury to spend as much time at the computer as I want. But I can't remember that being more than 3-4 hours. Usually it's a lot less with just passing by to have a look "where we are now". And yes, I only day trade because I will never keep an Index open over night.
I also would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. I respect people doing things differently.
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............................would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. ........... .

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