I have been so busy this week sorting out my Education Events- LINK HERE So been neglecting my blog a little. But I promised when I announced the events that things on the blog would carry on as normal – so here’s a video from yesterday.
You may watch this and think – big deal – He made a poxy £7.81. But that really isn’t the point. It isn’t about me showing you how great I am, how much money I make or how big my cock is.
It’s about me trying to explain the details that make up the all round trader. There are so many variables and signals that all work in harmony to move money within the exchange. I don’t know (or use) all of them. But there more you know the better trader you will become – When you understand enough of them you will start to turn those losing trades into winning ones, and the ones would would have lost on you will not have got involved in at all.
This video is a good example of a cross over point. These are the points where the tick increment changes. They are 2,3,4,5,6,10, – well they are the ones I am interested in anyway.
2 because below this it’s 0.1 and above it 0.2 – 3 is 0.2 below and 0.5 above – so why are these so important and how can they be used to best effect?
Well this video goes a little way to explain it. There will be more to come on this.