I had right now a fellow trader asking me about which centerlines could be met, if I have two forks on the chart. The answer is: either of both can be met, even if the other one is a very big one like the one in the current Gold chart: https://www.tradingview.com/chart/GC1!/Wp78HEtp-GC-Gold-do-it-again/
Why is this possible?
It is a question of the perspective, the context:
If you look for "quickies", then you probably prefer to trade the smaller ones, because the TIME it takes to reach the centerline of the smaller fork is shorter, even if both have the 80% chance to be hit.
So, think first what you can stand, what your style of trading really is and with what product you trade it. And by "product" I mean the underlying or options or futures etc.
I like to trade options very much.
But I seldom only buy options, I look for theta - time decay and collect premium.
If my assumption of a market is heavily directional, then I use options too, playing my chances with a RiskReversal (Selling options for a premium which finances me the bought options, that are usually two or more times the bought ones.)
Go slow, learn (by asking like this trader) and then you will earn...it's a process and it takes time.
P!
Why is this possible?
It is a question of the perspective, the context:
If you look for "quickies", then you probably prefer to trade the smaller ones, because the TIME it takes to reach the centerline of the smaller fork is shorter, even if both have the 80% chance to be hit.
So, think first what you can stand, what your style of trading really is and with what product you trade it. And by "product" I mean the underlying or options or futures etc.
I like to trade options very much.
But I seldom only buy options, I look for theta - time decay and collect premium.
If my assumption of a market is heavily directional, then I use options too, playing my chances with a RiskReversal (Selling options for a premium which finances me the bought options, that are usually two or more times the bought ones.)
Go slow, learn (by asking like this trader) and then you will earn...it's a process and it takes time.
P!
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✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🔱 FOLLOW & BOOST ME 🔱
✅ Learn to make money
✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
✅ Learn to make money
✅ Earn while learning
🔱 All Freebies: howtochart.com/free4you
👉 Detailed Chart Analysis: youtube.com/@howtochart
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
