An exit is never final… until the market SAYS it's final.
Another example:
An exit is never final… until the market SAYS it's final.
Happy trading,
Lance Beggs
An exit is never final… until the market SAYS it's final.
Another example:
An exit is never final… until the market SAYS it's final.
Happy trading,
Lance Beggs
In our article last week (read it here if you missed it) we discussed the concept of the bad beat. A bad beat occurs when you correctly identify, enter and manage a valid trade setup, but are still left with a loss or missed opportunity. The fickle hand of fate cares little for your high…
Let’s do a variation of the “Long is Wrong” topic which we covered in recent years. https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong/ https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong-2/ https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong-3/ https://yourtradingcoach.com/trading-process-and-strategy/long-is-wrong-4/ Here’s the concept: Today I want to flip that on it’s head. Because the reverse is true as well. And it sets up some great opportunities in the markets. And again, we’re looking for…
I've been discussing this idea for quite a while now. The idea that there is GREAT VALUE in studying your charts post-session to identify the price sequences which offered the best trading conditions. And then… the structural features which might help you identify similar trading conditions next time they occur. Just last week in…
Sideways trend structure is more common than many new traders imagine. So it’s important to learn how to recognise a sideways market. (For my Sideways Trend Definition, see Page 101 (and Fig 3.44) of Chapter 3 of the YTC Price Action Trader.) And it’s important to find the way that YOU best trade this market….
If there is one thing I want people to take away from all these years of writing about markets, it’s an acceptance of the fact that you do NOT have to get every trade right. New traders have this incredible need to be right. I know because I was there myself once. And because I…
I don't always time these so well, but this one worked out to be a really nice entry. So let's check it out and discuss what I'm thinking when faced with a really long extended grinding "will it ever end" pullback. First the higher timeframe to get some context… And now the trading…
Brilliant analysis of examples and correct advises to readers. Keep it up. Look forward for more examples.
Thanks K.A. 🙂
Hi, Lance,
I would like to ask what these four symbols mean in the your charts: downward red arrow, upward blue arrow, left red triangle, right blue triangle, and blue connecting line in the penultimate chart.
Thank you.
Please see here for an explanation of how trades are displayed on my charts:
https://yourtradingcoach.com/other/how-trades-are-displayed-on-ytc-charts/