bullish harami pattern, page-21

JHC

Your election night trade was a pure gamble and it could have gone either way and so in minimizing risk as a TA trader and following the strong disciplined approach to money making that I personally follow I just don't take such high risk opportunities. There are plenty of lower risk ones out there and I personally only take a few trades a year anyway. I have found through experience that it is better to wait for a low risk high probability trade and go in big rather than take numerous high risk return, fear of missing out type trades.

Like I have said numerous times money management is key to surviving and making good money in this game.

Your averageing down approach may work for you but if you want to wipe your account its the best high probability way to do so. Seen it so many times from people who have spouted what great Funnymentals a company has. The truth is you don't ever really know what lays in store for any business. Relying on figures and company reports is a wayy bigger gamble in my opinion.

Anyway we've been down the FA v TA road so many times lets not go there again. If ur method works for u and me for me and we are both making some good coin its good eh?

Meanwhile I am very comfortable waiting patiently.

Cheers