Brian Hoffman will be doing a presentation tomorrow ( 29-09-2012 ) evening. The event is sponsored by Ninja Trader.It is at 11.00 AM EDT ( 08.30 PM IST, I think). Brian Hoffman is a full time trader and consultant who has had the
unique opportunity to work with traders from all around the world. His
trading methodology is based on price action and exploiting retail
trader psychology and does not require the use indicators or systems.
Register for the event here
Register for the event here
Thx - I think it is 8:30pm local time - see u there - rb
ReplyDeleteThanks ST. Registered.
ReplyDeleteI have also registered
ReplyDeleteThe major takeaway from webinar was that trading is subjective - you have to get the "feel" and "rhythm" of the market and pure objective systems are not going to work for retail traders.
ReplyDeleteI could not grasp his statement that Stop should be either <6 ticks or >12 ticks. In Nifty Future context, what would this translate into?
What he is saying is that you may be right of the direction and right about a support level. But if you keep a stop close to get a better risk reward. You will inevitably get stopped out. In Nifty Future below a support level one can expect a 5 to 10 point move. When it moves below the support level there is a running of stops and weak bears would add shorts expecting a breakout. This is what he mentions as being a liquidity providers.
ReplyDeleteNifty Baz
ReplyDeleteCould not get the 6-12 thing
Rameshji
Right. You just gave answer to an earlier post.
Read
ST,
ReplyDeleteI have sent you an email about 6-12 thing which Brian mentioned and I am not able to grasp.