Curious about Price Action Trading? Basically, this is the movement of a security’s price plotted over time. It forms as the basis for technical analysis of a stock or other asset chart. While for some short-term traders, they rely on price action to make trading decisions.
Price Action Trading
Morning trades are the best! We would say that during morning trades, opportunities are best with market movement. We have explained in our video how to manage trades. Trade management is very important, as we always say, trading is risky. We will teach you how to trade, how to plan, and what are the rules of price action. Educate yourself first! By using the time-based stop, and prove it stop, and catastrophic stop, we limit the risk and exposure to trade.
Look at the ATR current conditions. The larger the candles the larger the profit, and the smaller the candles, the smaller the profit. Don’t double up when trading.” — Day Trade To Win
So, we will teach you to follow the rules, Atlas Line, ATO2, Trade Scalper, and so much more. Avoid chasing the market too far because that might hurt your profit potential. We must follow the rules! When price almost closed on the opposite side of the Atlas Line that would be out at a loss. Time-based, prove-it and catastrophic stop are three main stop strategies you can use with this software/method. Remember that when you are trading, you should always use a stop loss as a safety net based on reasonable risk levels for your account, finances, and recent trading conditions.