Now, that’s what I call a classic. You’ve laid out a rock-solid framework that takes me back to the early days of my trading. The London Open is a powerhouse, and using that initial "tug-of-war" to establish a clear territory is just common sense at its finest. I especially love how you emphasized the volume confirmation—that’s the secret sauce that separates the real moves from those pesky "fake-outs" that get so many rookies burned. It’s about finding that high-conviction entry where the market is actually telling you where it wants to go. Your risk-to-reward math here is clean, too; it keeps the math on your side while giving the price room to breathe. It’s a disciplined, honest way to hunt for those tasty scalps in the morning heat.
But tell me, for those of you watching the tape daily, is the greatest skill in trading finding the perfect entry, or having the patience to wait until the market presents it to you?
For me both are good skills but patience to wait for matket to present you a valid entry point is goated
And are you in reality patiente?
I guess you are asking if I’m a patient person naturally
If I’m to answer I would say yes and no
It depends on how much I’m waiting to get
I mean, for example if you are trading a small account if 5$ you can’t expect to wait 3 days for a 3x right?
I guess you are asking if I’m a patient person naturally
If I’m to answer I would say yes and no
It depends on how much I’m waiting to get
I mean, for example if you are trading a small account if 5$ you can’t expect to wait 3 days for a 3x right?
Hi Fairman,
thank you for your reply.
I got it, if you have 5$ how fast do you need to make 3X?
What is good income in your place if i may ask?
Thank you.
Good income in my place is like $500 a month at least
And with that 500$ you can buy what kind of living standard?
In my place good income is like 10 000$ per month.
You can have nice home, 2 family cars, 2 pets and house wife with two kids with that.
Hi Fairman,
thank you for your reply.
I got it, if you have 5$ how fast do you need to make 3X?
What is good income in your place if i may ask?
Thank you.
Good income in my place is like $500 a month at least
And with that 500$ you can buy what kind of living standard?
In my place good income is like 10 000$ per month.
You can have nice home, 2 family cars, 2 pets and house wife with two kids with that.
500$ monthly would get you a rented apartment no car no pets no wife with no kids small savings
After the savings compile over 3 years you can get a small car and maybe Solar for stable electricity
That means if I’m to consider having a house a nice car a wife 2 kids and a pet I would be looking for something like 2-3k$ per month
Good income in my place is like $500 a month at least
And with that 500$ you can buy what kind of living standard?
In my place good income is like 10 000$ per month.
You can have nice home, 2 family cars, 2 pets and house wife with two kids with that.
500$ monthly would get you a rented apartment no car no pets no wife with no kids small savings
After the savings compile over 3 years you can get a small car and maybe Solar for stable electricity
That means if I’m to consider having a house a nice car a wife 2 kids and a pet I would be looking for something like 2-3k$ per month
Hi Fairman,
interesting numbers.
What is average wage in your place?
You have energy only from solar panels?
Preserve your own money. Scale with the market's money. Exponential growth is the ultimate key.
And with that 500$ you can buy what kind of living standard?
In my place good income is like 10 000$ per month.
You can have nice home, 2 family cars, 2 pets and house wife with two kids with that.
500$ monthly would get you a rented apartment no car no pets no wife with no kids small savings
After the savings compile over 3 years you can get a small car and maybe Solar for stable electricity
That means if I’m to consider having a house a nice car a wife 2 kids and a pet I would be looking for something like 2-3k$ per month
Hi Fairman,
interesting numbers.
What is average wage in your place?
You have energy only from solar panels?
Nope, there’s electricity but it’s not stable, there’s generator too but solar panels with inverter is the most stable
Average is around 200$ for entry level government jobs
Small businesses pay from 100$ upward depending on the role it can be higher
Big companies like oil and gas pay higher and some even oay in dollars like 5k$ 10k$ and more
