thetraderbuddha

thetraderbuddha

In the immortal words of mark douglas, "thats what trading is all about as a passive technical trader. Unless you're doing some other stuff, I said it all right then and there." If you're doing anything other than this, you're not trading, you're gambling. It doesnt sound as nice as a get rich quick scheme? Too bad. This is all trading is. This is all trading...

thetraderbuddha

On bookmap, there are certain order concentrations where there are massive orders. Typically these orders get hit. In fact, in my experience, it is wise to expect such places to get hit. If not further. Not immediately, but eventually. To exploit these for trades, my observations lead me to two ideas. The first is illustrated in this chart and idea. When price...