Best Advice from Mr. Bigalow in this video "Everything is a Probability Factor and if a position is not doing what you expect, close it quickly and move on" Wish that was the first thing I had learned prior to taking my first trade.. Hope is such a deceivingly destructive emotion.. it seems like a good thing to have, but anywhere in life, hope is just saying "I need a miracle" bc while we are "Hoping" something is fading (time, opportunity, price, etc.)
u can use any period as a t line but the lower the number will get u in and out quicker,,i hav used 6 as my line which does get n and out quicker but more whipsaws,,
This is true. Generally Steve sticks withe an 8 EMA for the t -line but if it starts to move rapidly, he'll go down to a 3 EMA. He calls it a 3 t line.
Best Advice from Mr. Bigalow in this video "Everything is a Probability Factor and if a position is not doing what you expect, close it quickly and move on" Wish that was the first thing I had learned prior to taking my first trade.. Hope is such a deceivingly destructive emotion.. it seems like a good thing to have, but anywhere in life, hope is just saying "I need a miracle" bc while we are "Hoping" something is fading (time, opportunity, price, etc.)
Valuble 48.25minutes......🙏
Aww Thanks for wathching.
u can use any period as a t line but the lower the number will get u in and out quicker,,i hav used 6 as my line which does get n and out quicker but more whipsaws,,
This is true. Generally Steve sticks withe an 8 EMA for the t -line but if it starts to move rapidly, he'll go down to a 3 EMA. He calls it a 3 t line.
Good stuff.
Is he using stochastic slow ?? Some other kind of stochastic??
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why do u set your sto to 12 3 3
That is set by default. If other big/professional use these numbers then thats what you want to be using as well.
Thanks!