I really don't think on this saying, its a kind of act that if we continue trying to do we will only lose our money. Don't try to picks bottoms and tops. If you try to do that your account will be wiped off rather fast.
I really don't think on this saying, its a kind of act that if we continue trying to do we will only lose our money. Don't try to picks bottoms and tops. If you try to do that your account will be wiped off rather fast.
Buy low and sell high grip good at very good levels of resistance and support levels so that there is not any much floating loss and traders may rack up good number of pips.
I think it makes no sense to see buy low and sell high, everybody knows that if we buy A at $1 and sell it at $2we can gain $1.Originally Posted by ;
The risk is if the price goes down, we will not have the ability to sell high.
Why do you need a example by a chart? My friend
anyhow, good luck
If we follow this type of approach then we might ch some tops and bottoms but it will be difficult. Although it's possible to take these chances with 15 - 2 5pips SL and benefit may frequently be just like 10 times.
Tonight's transactions will not help you in the future but here is what I did last night, sold high and bought low. Whomever took the other side of this trade might have longed where I exited as it was only a few pips in the bottom. . Aand they would be in profit than my commerce.
Every trader wants to buy low and sell high - that is simple math so why is it that you need a chart to try this out? Just google it. .
Perfect instance - sunday night, eurjpy in an uptrend, thus we would like to buy low and sell high
I purchased at 13118, intending to market high at 132 dead but fracture even now secured in
http://screencast.com/t/jrD8fZANto
Buy Low and Sell High, is a fundamental trading egy that is mostly used when folks buy when the prices are decreasing and sell if the prices are rising. The underlying logic behind that is: one that went up comes down and one that went down could ultimately come down. This egy works great for scalpers or fade traders, who appears for smaller gains. For the longer term analysis this egy appears to risky because when the underlying fundamentals are encouraging the current price movement, there are small odds of reversal.
This type of approach can prove risky but there are lots of traders, that understand key heights of almost any pair and counter trade the tendency to extract a fantastic risk to reward trade.
If only it had been as easy as buy low and sell high often quoted by range tradersOriginally Posted by ;
Same as sometimes you may observe Buy high, sell higher quoted by break-out traders.
There is not any use in adding a chart because these movements are easy to see with temptations.
Picking tops and bottoms in real time is a totally different issue.
In a bullish market, I'll trade retracements, when the PA is suggesting the retracement has run out of steam. I won't attempt to grab the exact bottom, just looking for a trade with a high probability.