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Dantro

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About Dantro

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  1. What sort of time scales are you using to look for trends? I have noticed that using a daily then there are a lot on an upwards trend yet when going down to say 5 min the trends are either harder to spot or are very short. or is that the answer, if you are looking to go long choose the longer period or for day trading stick to the short time scales? Also notes you would need massive funds to allow for big drops short term although in a long term uptrend.
  2. Dantro

    Value Changes?

    Both simple MA and EVA are used, do have volume on which I do take note of when entering to look for increased activity will add RSI in to the equation to help. There I think lies the issue, I need to learn some patience and not expect it to happen instantly, stop losses are usually added but struggle to get them trailing although that is set on the app. Thank you both for the excellent advice! I need to rethink my strategy and start small, as this isn’t ever supposed to be my main income any profit is profit and allows me to stay in the game a little longer.
  3. Looking for a few words of wisdom from the seasoned traders, I have been playing at being a trader now for only around 3 months. Thinking I know it all and It can’t be that hard I went in headfirst and lost a few ££££s, realising maybe I should actually put my Uni education to some use I then started to read a little and lost more money! Now I have been reading a lot more and have taken note of various threads on here with regards to different strategies such as trend following, scalping etc and now I’m losing slightly less money. My question is with regards to the various indicators which I have been trying to employ like the Boolean and MA indicators, as I understand it they basically work on the principle of if it goes over the MA line in either MA or Boolean then you hedge your bet on that direction. I have been doing this but more often than not it does stay in the direction and I lose money, is this the normal case and it’s just a case of working the averages or am I doing something completely wrong? Then secondly how do you know when to jump out, I seem to leave early then watch it carry on up for ages. This leads to me getting trigger happy jumping back in just to have it reverse and yes lose more money! Any help and pointers would be most welcome even if it’s links to where to read more .
  4. Is there an issue with the App, numerous times now I have had trades close with a loss even though on the charts its showing well within stop limits?
  5. Dantro

    Issues with app

    My apologies James I thought I had logged in. Hopefully have now! I have attached a couple of screen shots for references.
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