Well this post is not for boasting about how good the trades were. Anyone who has traded for long knows markets humble you the time you feel being on top of it. So win or loss is traders life but eventually good traders are in profit because of better risk control mechanism. The point we would like to stress is about getting a grip on . Especially for novice traders who are looking for answers to the question about how to trade profitably. And also for the skeptics of .
is the sole beacon for traders in often stormy markets. Many times there is no clear visibility of a trade based on fundamental arguments. Only can give you clear entry and exit points based on strict risk control.
There is no foolproof indicator. Neither there is any magical trick. Only path to good profitable trading skill is hard work in right direction and understanding of the tape aka price action itself. People often miss simple and go astray by some esoteric technique promising great returns. We are not painters and thus our charts don't look like Picasso's master pieces ;)
If you haven't yet then please learn to trade better ! Good luck trading :)