Quote:
Originally Posted by Pickle152
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Maurizio ...Did you give up your day job or is much easier for you to go to work (now that your making good trades)?
I just started on a demo acct and I'm 2/2 so far.
Question....when looking to trade the daily and using a smaller timeframe (i.e. 30m) if the 5&1 EMA cross and point down and the Stochs are below 20 and pointing up, do you hold off on the trade, or do you not factor on the stochs and focus on the EMAs cross even on the smaller time frame?
Thanks,
Pickle
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Pickle, not sure what you are asking me here......
Are you asking that if there is a cross on the lower timeframe you factor that into your decisions on a trade on the daily??? Sure you factor it in, but your main decision should be made on the information provided by the timeframe you are trading on, which in your case i believe would be the daily TF.
In answer to your question about giving up my job, no i have not. A funny thing has happened actually, something i didn't forsee, and that is this...... now that the pressure is off (i am making more than my wage in trades now) i actually ENJOY going to work! Honestly, i didn't see this coming. My trading now seems my income and my job now seems my hobby. It's wierd, i can't really describe it.
Also, if i am totally honest with you, the prospect scares me. I like the people i work with, the girls are pretty and the guys are a laugh..........if i left work and just traded all day, i am scared i might become some sort of anti-social wierdo. LOL