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Old 08-25-2008, 05:29 PM
TheRumpledOne TheRumpledOne is offline
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Join Date: May 2008
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THE ENTRY

The ENTRY determines whether or not you have an OPPORTUNITY TO TAKE PROFIT. That's what matters.

There is no point in entering a trade if that entry does not have a high statistical chance of winning.

Note I wrote statistical chance. Statistics deal with the past and probabilities deal with the future. ANYTHING CAN HAPPEN IN TRADING so you have to react in the moment. But I know based on statistics how far a currency will range in an hour, what the max and min values are, how many times the previous ranges were above/below the current and average ranges, etc... in REAL TIME. And that is my edge.

To me, it's all about the entry.

Last edited by TheRumpledOne; 08-25-2008 at 05:40 PM.
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