Hi All ,
A couple of straightforward questions , the answers to which would help me alot...
1.If you are thinking the price of a selection is going to go up and intend to lay it , is it better to ` take the price ` to encourage it on it`s way or to put your money at the back of the queue of the lower price ?
2.If you personally had to strip away all the options eg , graphs , WOM , fill rate etc and get back to basics , which 1 or 2 could you not do without ? ie which carries the most signifigance?
Thank you.
Stripping back to the basics
-
- Posts: 309
- Joined: Thu Nov 04, 2010 7:02 am
Hi Joizzy. IMO, If just starting out I would strip away all options. Using the one click screen, firsty just watch the money as it arrives on both the Back and Lay side and learn to istinctively feel in which direction the market is next going. For want of sanity, perhaps also use a timeframe rather than actual next move - example 60 seconds, 120 seconds etc. When you feel comfortable with this, then progress with use of the many excellent options built in with BA. For me I can not trade with out the graphs which offer confirmation to any decision made.
rg
rg