Costa Mesa, California/USA
Posts: 5 since Jan 2013
Thanks Given: 0
Thanks Received: 3
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I'm new in trading and from all the books that went through me, and other traders that i was fortunate enough to talk to, the ACD trading strategy by Mark Fisher has resonated as the most suitable.
Mark Fisher as well as Larry Pesavento, John Carter and numerous others have stated that, "Every new trading day is about a new start!"
The ACD opening range approach is about a new start and it helps me be patient with the market.
I realized that my previous trading view has been based on a rush/Always thinking that i'm too late for the party.
And that is a sure sign of the newbie ready to give up the nuggets, always wanting to be perfect and on time.
I am trading the Forex and now am slowly moving into the Futures.
The target goal is not to give up above $200 per day per 1lot/1 trade per day.
Objective is to recognize the directional strength, allocate a price squeeze and pull the trigger.
To trade only within the first 3hours of the open and or maintain the existing trade with the sufficient strength till the market is closed or the trade being stoppedout.
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