Search found 9 matches

by 3rdhdm
Thu Mar 21, 2024 11:29 pm
Forum: The Price Action Lectures
Topic: "At the edge", "At an edge", etc.
Replies: 2
Views: 468

Re: "At the edge", "At an edge", etc.

Not only clears things up, but gives fodder for thought. Thanks again, Eric!
by 3rdhdm
Thu Mar 21, 2024 8:59 pm
Forum: The Price Action Lectures
Topic: "At the edge", "At an edge", etc.
Replies: 2
Views: 468

"At the edge", "At an edge", etc.

I'm very curious what trading "at the edge" or "at an edge" means? I understand the term "edge" as a probabilistic advantage, but sometimes the way it's often used, syntactically, in the lectures sounds more like a physical boundary of sorts. Seeking clarity.

Thanks
by 3rdhdm
Tue Jan 30, 2024 2:28 am
Forum: The Price Action Lectures
Topic: Purpose of Stop-Loss
Replies: 2
Views: 1308

Re: Purpose of Stop-Loss

Thank you very much for that, Eric. That helped me frame my thought process.

Cheers! And good trades to you as well!
by 3rdhdm
Mon Jan 29, 2024 6:57 pm
Forum: The Price Action Lectures
Topic: Purpose of Stop-Loss
Replies: 2
Views: 1308

Purpose of Stop-Loss

It crossed my mind while trading today that I have been using the stop-loss as a profitability guarantor rather than a fail-safe, if that makes sense? To hopefully clarify, I've loosely modeled my risk-managment from the casino model of volume + slight statistical edge = profitability. However, the ...
by 3rdhdm
Fri Dec 08, 2023 3:00 am
Forum: The Price Action Lectures
Topic: 2k Interval
Replies: 4
Views: 1990

Re: 2k Interval

Thank you for engaging my brain, once again, Eric. Very helpful indeed.

Harold
by 3rdhdm
Thu Dec 07, 2023 8:01 pm
Forum: The Price Action Lectures
Topic: 2k Interval
Replies: 4
Views: 1990

Re: 2k Interval

Much appreciated. Thank you for the insight on ATR. So If I'm understanding it correctly, it would behoove a novice such as myself to not just pick a chart interval and not change it - at least during the learning/developing process, but that the 2k chart is deemed most tradeable under this system ...
by 3rdhdm
Thu Dec 07, 2023 6:39 pm
Forum: The Price Action Lectures
Topic: 2k Interval
Replies: 4
Views: 1990

2k Interval

I haven't finished the entire course yet so forgive me if this is addressed there, but I have a question regarding the generally accepted 2k tick interval. I monitor the ATR somewhat as an indicator of volume and risk. ~2 ATR seems to be the sweet spot. I've noticed that overall volume seems to have ...
by 3rdhdm
Tue Dec 05, 2023 4:31 pm
Forum: The Price Action Lectures
Topic: Entry Bars
Replies: 2
Views: 1557

Re: Entry Bars

Thank you very much for that. The way you described is the way I prefer. I think it helps me get better entries. The other way I think had me looking for pattern confirmation rather than entry signal. I noticed I was missing a lot of good trades waiting for the pattern to show, if that makes sense ...
by 3rdhdm
Mon Dec 04, 2023 2:48 pm
Forum: The Price Action Lectures
Topic: Entry Bars
Replies: 2
Views: 1557

Entry Bars

Hello instructors and fellow traders. Eric, I've long appreciated your work at Mack's forum. Just beginning this course, which, so far, is proving to be an excellent "master class" of sorts in Mack's PATS - my suggestion to anyone wanting to learn price action purely from a chart-reading perspective ...