I use the following reasoning for any instrument. If we assume our edge has a 60% probability of winning 1R and 40% of losing 1R, then after 10 trades...

obvious mean when the probability is at least 60%, like when the always-in direction just switched. Entries matter because if you follow the high prob...

Yes, that was also a big realization for me. Al trades differently in his trading room because he mastered PA. He prefers high probability setups, so ...

Did you every checkout the live webinar or at least recordings of real-time analysis done by Al? He clearly tells exactly what the bears and bulls a...

I don't remember where or if he said this in the trading room. The idea is to build confidence by trading the "I don't care size", this way you can fo...

I don't know about the math which way is correct but from experience of trade management, I'd say we don't let our full stop get hit (initial risk) ri...

Some brokers allow to change the chart and see also ASK candles. For example Oanda or Dukascopy. I just look at the ASK candles when playing a stop en...

That's a step in the right direction. A change in mindset could be helpful, for example, focus on learning for an entire year before making any new tr...

@vythand-alagappangmail-com excellent points this is where I'm still figuring it out, until now I never scale in instead I do as you suggest, if...

Yes, you guys are confirming my thoughts. Al says it often: there are 3 outcomes of a BO, 20% chance of an immediate reversal without DT/DB, channel u...

So you draw a blue line as soon as you have two points to connect, for example, in a bull trend once you have two pullbacks, you can draw a blue line ...

@infojoshlewis-se From the trading room, after watching more than 6 months of recordings it is clear that Al scalps have something between 1:3 and 1...