Tell me, how do you do it with the levers and how do you usually set them? Unfortunately I don't understand much about it, but I would like to learn more about it!
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@BockaufDividenden https://youtu.be/NzsXWwqH56M?si=YF4FncEQKYGFUyXU The video explains it quite well.
Roughly explained:
You start in the weekly chart, look for reversal points, then switch to the daily chart, look for where a trend break can start, when this point is reached you go into the trade.
Once you have a feel for it, you can also trade in the hourly chart, for example.
It's actually quite simple, but there are also people like this duck here who puff it up with technical terms and make it unnecessarily complicated.
The biggest difficulty is your own psyche, it took me 1 - 1.5 years to finally figure it out and above all not to check the chart every few minutes😅
Roughly explained:
You start in the weekly chart, look for reversal points, then switch to the daily chart, look for where a trend break can start, when this point is reached you go into the trade.
Once you have a feel for it, you can also trade in the hourly chart, for example.
It's actually quite simple, but there are also people like this duck here who puff it up with technical terms and make it unnecessarily complicated.
The biggest difficulty is your own psyche, it took me 1 - 1.5 years to finally figure it out and above all not to check the chart every few minutes😅
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•@Der_Dividenden_Monteur Cool, and how do you deal with losses?
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@PalmPirateTechnocrate accept it 😅 even if it's difficult at the beginning.
After all, it's the number of positive trades that counts.
After all, it's the number of positive trades that counts.
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