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7 Trading DISCIPLINE Rules to deal with Losses It’s impossible to trade or invest and not find yourself into a losing position. That’s just the way things are. And a large trading loss can be devastating. Not only financially, but emotionally. As defeating as losses feel, how you react to a big loss is more important than the loss itself. Inexperienced traders suffering a large loss can become hijacked by their emotions. Some may try to trade through the pain, often creating more turmoil for themselves. Some may withdraw from the market, to avoid thinking about it. Others may try to “trade in revenge,” determined to recover the losses. None of these reactions are constructive. In fact, they can be destructive if you don’t learn how to handle losing trades. Whether it was an obvious minus in your strategy, a lack in discipline, or any other reason, nearly every trader will face a big loss (or several) in their career. After a losing streak or big loss, you may begin to question yourself, which leads to the typical problems many new traders have, like getting out of trades too quickly, holding on to them too long, skipping trades with the fear of losing, or getting into more trades than you should in an attempt to get some winning trades. One major difference between successful traders and failed ones is how they handle trading losses. Successful traders treat losses as an opportunity to learn and improve their trading. Coming back from a large loss is challenging, but success is never accomplished by ignoring trading losses. Losses especially substantial ones can be opportunities to become a more skillful trader. Here are 7 rules successful traders take after a loss to become emotionally stronger and more disciplined 1. Never let a bad day cost you more than you make on an average win day Knowing how to lose properly is a must in a long and prosperous trading career. If you average, let’s say, $200 on your winning days, don't lose much more than that on a bad day. Control the downside. Knowing how to minimize risk is the most important aspect in trading. There are really only 4 possible outcomes to a trade or investment: A big win, a small win, a small loss, or a big loss. As long as we ELIMINATE the big loss from our trading days, we can live comfortable with the other three. Risk Management is the primary cause for a successful or unsuccessful trading experience. A sound risk management can yield a steady increase of profits, while a poor risk management can wipe out an account in a very short period. If you follow the 1% risk per trade rule, a precise stop loss level presets that 1% value and you’d know beforehand the amount you risk losing should your trade turn negatively. And this goes hand in hand with the second rule. 2. Know the stop-loss level before you ever get into the trade The stop-loss is a simple tool, yet so many traders and investors fail to use it. Whether to prevent excessive losses or to lock in profits, nearly all trading styles can benefit from this trade. Think of a stop-loss as an insurance policy: You hope you never have to use it, but it's good to know you have the protection should you need it. So, always use a stop loss and know its location before you ever get into the trade. Also, never widen your stop losses when the market moves in negative territory. Know that regardless of what happens, there is another trade around the corner. If your trading strategy relies on the success of one single trade, it’s a very bad trading strategy. Remember that trading success is the accumulation of many successfully, managed, both winning trades and losing trades. 3. Don’t involve in revenge trading A big loss causes all sorts of inner conflict—a need for revenge, fear, anger, frustration, self-hate, market-hate, and the list goes on. After a big loss, there's no way to trade with a clear head. There are more than 250 trading days in a year, so there is no rush to get back in there. If you do so, you basically revenge trading. Rather than looking to your strategy and make sensible decisions around the incident, you jump straight back in. This is dangerous for your account for two main reasons. First, it forces you to throw your trading discipline out the window. It shifts your focus from your trading process to trying to make enough money to recover your losses. Trading based on emotions and luck is not trading. It’s gambling. It’s also a lose-lose situation. If you lose a revenge trade, you increase your losses even more with a trade that you had barely planned for. If you win, then you’re believe that trading on guts and emotion works and you’re going do it again. So don’t do it. 4. Accept responsibilities for your decisions Accept responsibility If you suffered a large loss; be sure to own it. Don’t brush it aside, hide from it, or blame the “smart money” for your loss. There is always an excuse for a losing trade, but as traders and investors, we must accept the risks. Until we accept that we are responsible for whatever happens with our orders, the same thing will happen again. Accept responsibility and figure out what could have been done differently. This will help reduce the chance of it occurring again. It is also healthier than blaming other factors for your mistakes. Blaming others is admitting you don't control your own trading, and if that is the case, you shouldn’t be trading at all. If you control your trading and investing, then you can fix it. And is always something that can be done. It may involve changing markets, changing your strategy or your trading style. If you find that scalping the 1-min chart brings you a lot of losses, try swing trading. The solution is there; you just need to find it. 5. Stop trading for a while Sometimes, it’s better to take a break to figure out what went wrong. Do those things so that you can get back to a better mindset in which you can refocus. After that, assess what happened by reviewing events carefully. Think about where you fell short. For example, did you take too much risk? Was the trade well-planned? Were you mentally sharp, or did you hold a losing trade hoping to avoid a loss? Taking a break from trading is one of the hardest things to do, but it’s a smart move. Wait for the conditions to improve. Preserve your cash, save your sanity and focus on other things. When the conditions improve, so will your results. Remember: the market will not disappear tomorrow. Nothing terrible will happen, on the contrary – during this time away from charts you will likely to come up with new, better ideas on how to improve your trading. 6. Trade lower position sizes After a big loss, confidence can be low. Not having a clear mind can cause you to skip trades, panic out of trades, or be overly-aggressive. None of these are good. Take a step back and trade in a demo account for a few days. Because it's not real money, there is also less pressure in a demo account, so it is easier to focus on trading, and not worry about the financial aspect of it. A few winning days in the demo account will raise your confidence levels and put you in a better mental space to take on the markets again with real money. So after a losing streak, start small; don't jump right back to the same position size you were trading before. In the first days back, trade small position sizes. A winning day with a small position size will help build confidence, and you can slightly increase your position size as the account balance goes up. If you have a losing day, losing on small position sizes is easier to handle than another losing day on full position sizes. Even if you win a few days in a row, increase your position size incrementally, so it takes about a while to get back to your full position size. I know that after you have traded bigger position sizes, it's annoying to start back with a small position size, but it's for the best. Bouncing back from a losing streak is about getting back to basics and implementing a strategy well, not actually about making money. Money comes from implementing a strategy well. Demo trading and trading small position sizes gets you refocused on what's important, so you can start building your confidence again. 7. Let Go of the Outcome and Embrace the Process Realize that trading is a continuous process of learning. Most of the times, in trading (like in real life!), you learn more from your mistakes than from your victories. Losing money should motivate you to look closer at your actions, read more, better educate yourself, become more disciplined in your execution and so on. Next time, you will have a better idea of what happened and where you went wrong and can open up room for improvement and start stacking the odds in your favor. As cliché as is sounds, putting your focus out of making money and into enjoying the process will keep you on the right track and more likely end up in profit. If you learned something new and found value, leave us a comment to show your support, Thank You.
BITSTAMP:BTCUSDEducation
by Sahran_Mohammed
1
10 free trading tipsTip 1- Use statistics to avoid bad setups, and enter and exit at high probability areas Example: Wanting to join an early trend on a pullback? It probably is a bad idea to enter before 50% retrace. Elliott rules even say wave 2 typically retraces to 78.6%, so it's probably a good idea to wait for a big retrace before going in. Of course, and this could be another tip of itself, Elliott never made money investing, so it's best to learn from the charts than him. Tip 2- Use the daily chart, or more precisely the 6 months to 5 years chart By studying the charts one quickly learns that price evolves on the "daily chart". By this I don't mean the candles absolutely have to be 1 candle = 1 day, as long as depending on several factors 6 months to 5 years of price data are visible. Typically I go for about 2 years, and clicking on "D" is what looks best. Plus humans are on a 24 hour cycle, so daily candles just makes sense. Some people can't stand noise and just look at moving averages. Tip 3- It is probably a good idea to not try to join very extended trends on a pullback When an extended trend finally has a pullback, it's often going to be a big one. We all heard over and over some numbers such as "1.618". If 90% (totally arbitrary number) of EURUSD trends that make it to 2.618 and pullback end up reversing, and only 1% make it really far, you sure you can get a 1 to 100 risk to reward? Some areas might be best to avoid. In all competitions champions find all the tricks to make it as easy as possible. That's how one becomes the best. Not by being a complete idiot that goes straight ahead tries to brute force. "I die, yes, but with honor!". No no, no honor, you die like an idiot the enemy is laughing at you, and your village will get raped and burned to the ground. People love to be hipsters. I prefer to win, to crush the competition. Tip 4- You already heard this: Cut losses, hold winners, be disciplined Are bagholders hipsters, or just weak? Clearly all the "diamond hands" are simply weak cowards that piss themselves at the idea of taking a loss. I do not want to waste too much time on this one, a very easy way to gain a huge advantage over the competition. Just careful beginners with huge rewards and tiny stops. Greedy stops won't lead to great profits, but to death by a thousand cuts. Tip 5- Do not daytrade, day trading is stupid Ah the day gambling hipsters. "I'll be the one in a hundred that makes it". Even roulette and sports betting have better odds. And the 1 in 100 that make it, assuming it's not just luck, make PEANUTS. They'd earn more flipping burgers. As I explained, price action is based on the "daily" chart. Trends last months, they can be divided in smaller moves that last days to weeks. And the price, as I also explained, reacts around these daily chart swings, and daily chart extensions. Another reason why daygambling is so troll. And since day gamblers "close at the end of the day" (vomit) you could be right and lose money! You could be wrong and lose money! So even if they have some edge, they add enormous randomness (and ruin an edge) because there is a time factor we have no control on, they'll close before bed at a completely random price, just because "the day is over". Same concept as the binary option scam that got banned. That's literally gambling! Oh and when they "close at the end of the day" 🤢 they will be making even less than 15 pips, with spreads still the same size. Tip 6- For the noobs: Start with something simple that works and conditions will be added over years I think the best course of action would be to go for the basics, something that is expected to work, going with the trend, not focussing too much on the entry, having a reward better than the risk but not too tight (greedy). And with time improve it. It's like making muscle. If you stop trying to be a hipster and just do what you are been told (don't daytrade, don't hold losers, don't go against the trend), after the initial learning curve (1-5 years, sorry for the dreamers/gamblers) on year 1 you gain 7.5 kg muscle (7.5% returns), year 2 5 kg muscle, year 3-5 5 kg muscle, year 6-20 maintain, maybe small additional gains. Guys like Bill Hwang have shown someone could be a self-made billionaire making 60% a year, so these numbers are just illustrative. The idea is traders develop over time. All the famous ones really got good after several years, and peaked decades after they started. There are no steroids in trading. Ok I guess there are, those would be insider trading, but this isn't easy to access, and a crime. Tip 7- Noobs again: use indicators if you want too, but don't waste time trying to look for indicator edges If you think indicators look good then use them, but don't waste too much time looking for an edge. We'd know if there was one. Don't be lazy, when starting one probably should spend a little bit of time backtesting indicators, and quickly will find out there is nothing of value, no edge based on the indicator itself. And then they can look for something else with a clear head, without wondering "did I miss something". Tip 8- Beginners or intermediate traders that are not yet profitable: Don't aim for huge asymmetric risk to reward You look at charts, there is volatility, in the real or original sense of the word. Trends have plenty of pullbacks, 23.6%, 38.6%, 50%. You might have noticed those were quite significant pullbacks. Not tiny 5-10% pullbacks. So how does a risk to reward of 1 to 20 or 1 to 10 make sense? And how is someone not yet experienced, not even profitable, going to pinpoint exact high and top? I know NO ONE that can be that precise. When George Soros broke the bank of England, he sold at the upper end, and had a large risk to reward. Correct me if I am wrong but he sold for 10 billion, made 1 billion, and said his risk was below 2% (200 million). That was the trade of a lifetime and his reward was 5 times his risk "only". I think he said his hit rate was below 30%. I doubt he typically takes trades with a risk to reward of 20. Or ever. Maybe there is an edge out there, with 100 RR, who knows? But I think it is more reasonable to start with something between 1.5 and 3. Tip 9- Strong trends are the best, pretty obvious but people seem to avoid these On strong trends retail positions are massively on the wrong side, some sources show the percentage of positions and some show more. The very few traders that are in the correct side have tiny gains, out of hundreds of thousands of accounts the people going in the correct direction and holding can be counted with 1 hand. Makes me feel very special. 1 in a thousand. Even 1 in 10,000. It's really simple too. I was tired of try harding 2 years ago, and I just yolo'd in trends, and it worked out. And last year I repeated it, and it worked again! So I focussed on that, and added a strategy to my arsenal. I call it "breakout" but there's really 2 strategies and one of them is not a breakout at all. I wish I started with this, because it is a real goldmine. Not just the easiest, but most productive too. And I'd build the other strats later. When I started I quickly noticed big patterns that flashed in my eyes, once you see them you cannot unsee them, so I went in that direction, obviously. If you're onto something do not spit in the soup! But if you have a choice, let's call it that, I encourage everyone to aim in the direction of trend following! It's well worth it. If you want to make money. For those that would rather be hipsters, well, have fun. Tip 10- Breakouts! Strong trend breakouts! Be patient And final tip, with breakouts in strong trend, they very very often don't go anywhere. Best way to lose money is to fomo. I'd rather miss out. So the trick is to have a condition like this: "It has to go far enough." Or it can go like this: "I want the price to remain above the previous high", that's not realistic, so it could be "I want 2/3 of the price to be above the previous high, and then to double bottom with the high of the bounce above the previous high", which is more reasonable. This is all just my personal opinion, I do not offer refunds. And it is all specific to Forex. Do you own research. With the charts. All praise the charts. Glory to the charts.
Education
by MrRenev
3
Do you fell stressed with trading? 😒🙎‍♂️😰I want to start the morning by not posting a usual trade idea setup. But to talk more about the methods I now use for my trading and how they have alleviated negative feelings which can occur with trading. A while ago I opted to switch to an systematic objective based approach for my trading. This was down to numerous factors which you will find on the drawings in this idea. Since adopting a objective based approach with set rules coupled with rigours back tested strategies. All of the subjective traits you see on the left of the idea drawing have disappeared. And all of the objective based traits seen on the right idea of the drawing have now become the norm in my trading life. When laid out in the drawing of this idea it's hard to think why you wouldn't adopt these behaviours to your trading. I hope this gives you all food for thought as we start we the trading day. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
UEducation
by pow_removetheguesswork
22
📜 Trading Rules for Beginners:Remember guys a trader doesn’t predict the future, a trader reacts to the market following a strategy. A winning strategy is to outline all the possibilities and have a plan for each of them!!! Always have a strategy and a plan before entering any position in the market! A profitable trade that doesn’t follow your plan can’t be considered a good trade, by contrast a lose trade that sticks to your plan, still a good trade! Stick to your plan and you will be a winner in the long term!!! .
BITSTAMP:BTCUSDEducation
by mbn_global
1
5 Rules For Successful Trading!Trading is simple, but not easy. Traders have difficulty succeeding simply because they are unable to follow clear rules over extended periods of time. So what are the rules that every trader should follow? (in my opinion) 1- Only invest what you Can Afford to Lose. Only invest money you can afford to lose, never ever borrow money or take a loan from the bank to invest in forex, or any other type of investment. Because if you do, you will get emotional and make irrational mistakes. 2- 1% Risk per Trade. We only risk a small portion of our account per trade. We enter with 1% risk per trade (2% max). We enter with a fixed risk per trade, not with a fixed stop loss in pips, nor with a fixed lot size. That’s a common mistake many traders make. 3- Three Confluences Trades. (Technical Edge) Trading is nothing but a game probability. Moreover, we consider ourselves risk managers not only traders, as the only thing we have control over is "risk". The market can go anywhere. To be on the winning side, we need to have an edge over the market. One way to put the odds in our favor is by only entering trades when we have at least three confluences/clues, three things telling us to buy or sell lined-up together. One confluence may be random. For example, we only enter when we have a pattern, support, and divergence. And our rules have to be objective following a well-defined back tested trading plan. I personally use RichTL to make objective (rule-based) technical analysis. 4- 1 / 2 Risk Reward Ratio. (Risk Management Edge) Our second edge is going to be through risk and money management by entering with a positive risk-reward ratio. Remember, it is not about how many trades you win, what matters is how much you win when you win, and how much you lose when you lose. That’s exactly why we enter with a ½ RRR (or higher), which means we always target double our stop loss. This way even with a 50% win rate, we are still profitable. 5- Emotional stability. In the trading world, emotions are considered the enemy of traders. Knowing how to control emotions while trading can prove to be the difference between success and failure. When getting into a bad trade, the trader who can manage his psychology well will be able to minimize risk, while the trader who is emotional may make the situation worse. Therefore, knowing how to control your emotions very crucial in order to succeed in Forex trading. If you are not feeling well, don't trade. Remember: You don't have to catch every trade, and you don't have to trade every week. In fact, our 5 rules are all connected in a way or another. If you invest money you can’t afford to lose or enter with 10% risk per trade, chances are that you will get emotional and not follow your trading plan objectively by closing your trades before reaching 2R or even entering trades that are not according to your strategy. In parallel, even if you invest money you can afford to lose and risk 1% per trade, you won’t be consistently profitable if you don’t have a well-defined strategy that gives you an edge over the market technically or through risk management. In brief, stay away from trading if you don’t have these 5 rules.
COINBASE:BTCUSDEducation
by TheSignalyst
100
How “SIMPLE” it is to Trade for a LivingWe just reached +1K followers here so This article/post is a thank you for each and every one of you. Short answer: not easy but doable if done the proper way (my story at the end) Long answer: trading for a living is a fantasy every trader has. however, to be accomplished it requires a strong mindset, a proven record with an objective well-defined trading plan, a trading journal to learn from your mistakes and keep improving, financial stability, consistency… Forget about these gurus taking pictures driving a Ferrari and partying all year, traveling the world, and trading on the beach. (these so-called gurus use it as a marketing plan to attract people on their pages) Before I tell how you can trade for a living, let us consider these two aspects: Psychological Aspect: you shouldn’t depend on your forex account as your main income (to pay your monthly bills) as you will get emotional, make irrational mistakes, and you will end up not following your trading plan objectively. consequently, you will be afraid that you won’t profit this week/month, thus won’t be able to pay your bills. Technical Aspect: you shouldn’t withdraw from your account frequently (every month/year for example). Let’s say your account is 10 000$ and you managed to make a 100% growth by end of the year. so your account is now 20 000$. Because you need to pay bills, you will have to withdraw the profits, so you are left with 10 000$ once again. To make another 100% next year to pay your bills again. so you are not getting any further and still stuck in the rat race. The right way is to keep your profits for your account to grow exponentially. For example, if you have 10 000$ and you make a 100% return this year, your account is now 20 000$, you keep the profits, and your 1% per trade is now 200$ instead of 100$, by end of the second year you also make 100%, now you have 40 000$ and so on… As per the above two aspects, you shouldn’t withdraw from your account frequently ☝️ how to treat forex then? and how to be able to trade for a living? 👇 You have two options: 1- Have another source of income: like a job or a business that you depend on to pay your monthly bills. This way you won’t get emotional in trading and you won’t withdraw from your account for it to grow exponentially 2- Savings / my story: I quit my job on July 5th, 2018 to trade for a living. My plan was to save an amount of money, enough for me to live the same lifestyle I am used to for 2 years from now, without the need to withdraw from my account. For example, if my usual monthly expenses are 1000$, then I need to save 24 000$ before I quit my job. this way, I can survive for two years without withdrawing from my account or depending on it. In conclusion, trading as a career is doable but it requires a lot of dedication and planning in order for it to be successful. The most important aspect you need to focus on is being emotionally stable at all times in order to follow your trading plan in an objective manner. All strategies are good; if managed properly! ~Rich
BITSTAMP:BTCUSDEducation
by TheSignalyst
8
Dream scenario: A valuable lessonBitcoin is a small 2% away from all time high. Now is a good time to look back on the past 3 years since it has gone mainstream. Many "strong hands" ended up selling right before the explosion up (the same people that criticized, insulted, reported and mocked me, while let me remind you I bought at the bottom of this explosion at ~12750 when many of them were selling "the top" and many others had already sold). Not all the 2018 bulls have sold at the bottom, and not all have sold period. A whole lot sold near the bottom, or a little before, or a little after (even some "OGs" sold at 13k or less as the bull market was starting). But generally speaking the people that laughed at me were bullish during the entire bear market while I was bearish from March 2018 to some time in 2020 so the entire bear market, and they ended up exiting all or in part right as the new bull market was starting. Karma hits hard. While the price going to zero after sucking the bear market bulls back in would be hilarious, where it is at now is sufficient for Bitcoin victims to draw some conclusions. I will remind what the rules are (made an arbitrary list, those are the main ones that come to mind): 1- Do not lose money. Cut losses quickly. Have an intelligent position size. 2- Have a plan. Told some "experts" with 20 years experience that "you waited that long, why fomo in now?" back in early 2018, just got barked at. 3- Real traders goal is to make money. Victim's goal is to not miss out (and they end up missing out anyway). 4- Waiting for a big pullback for no reason is stupid. 5- Not waiting for a big pullback when one is likely is stupid. 6- Diversify. Even Mr concentration Warren Buffett diversifies (in assets, in industries, and over time). 7- If you find yourself getting influenced by the crowds, the media, etc: cut them off. 8- For stubborn people (you skipped 7 hopefully): well don't be too stubborn if the evidence is saying something different. 9- Brace yourselves for the boring saying we all heard 10 thousand times: there is no free lunch. 10- Run winners. If the price keeps going strongly up and you are on a weekly chart, why would you sell at 13k this year? 11- Use your head. I see so many mind-bogglingly stupid arguments and actions. To those people: make a damn effort, you can't be that dumb (right?). 12- Don't revenge trade: do not try to "get my money back NOW". 13- Revenge trade: If something keeps not working do something different, sometimes this is the opposite. 14- Do not try going too fast 15- Don't day trade This is very helpful to people that held Bitcoin all of 2018-2019 and end up selling in 2020: www.nooooooooooooooo.com
by MrRenev
11
RidetheMacro|11 GOLDEN TRADING RULES FOR TRADING 💎📌 GOLDEN RULES FOR TRADING 💎 📍 1. Don’t break your rules - The first and foremost rule of share trading is to never borrow capital to invest in share market. Test your trading setup and its logic through paper trading or back test it with the available data. Then start with small quantities or a single lot etc. So don’t break the set rules , you made them for tough situations, just like the one you’re probably in right now. 📍 2. Don’t believe in a company - Trading is not investment. Remember the charts and forget the press releases. 📍 3. Don’t seek the Holy Grail - There is no secret trading formula, other than solid risk management. So stop looking for it. Always do trade keeping your trading capital into consideration. Don’t over trade. 📍 4. Don’t forget your discipline - Learning the basics is easy. Most traders fail due to a lack of discipline, not a lack of knowledge. Maintaining stop loss is one of the key discipline parameter to be religiously followed. 📍 5. Don’t chase the crowd - Listen to the beat of your own drummer. By the time the Crowd acts, you’re probably too late. Or too early. Don't chase the Retails. 📍 6. Don’t ignore the warning signs - Big losses rarely come without warning. Don’t wait for a lifeboat to abandon a sinking ship. 📍 7. Don’t count your chickens - Profits aren’t booked until the trade is closed. The market gives and the market takes away with great fury. 📍 8. Don’t have a paycheck mentality - You don’t deserve anything for all of your hard work. The market only pays off when you’re right, and when your timing is really, really good. 📍 9. Diversification of portfolio - Do not put all eggs in one basket. 📍 10. Don’t expect to make profit everyday - If you consider that you can make profit on every trade, you are 100% wrong. Always be flexible and accept the fact as soon as you realize that you are on wrong side of the trade. Simply exit the trade without changing your strategy during the market; it may cause you double losses. Always follow stop loss. Treat trading as a BUSINESS and Earnings (profits) & Expenditure (losses). Learn to like losses as they are the part of the business. 📍 11. Never add to a losing position - When market has given the verdict that your trade is wrong. Accept it. Just exit from the trade and don’t average it. Don’t take it personally and bring your ego in between. Don’t fight the market. It’s not a one on one thing. It’s one on many. Share your comments ideas below to make Things more better. Thank You.
BITSTAMP:BTCUSDEducation
by Ridethemacro
6
Sleeping Alligator - CLOWN signal 1. alligator on dailes sleeping ( range bound market) 2. strong trend down previously on 2 hourlies - Volume POC GAP is very large between left eye and mouth; 3. Volume POC each day in white - should make pattern of "clown face frown " 4. First trigger is VPOC move up to "top of LIP ( right part of face crease) 5. Second trigger is price drops back down to EMA below 6. %BB should show at least or 2 dips below 10% during frown formation 7. Gann swing should be -1 ( correction) 8. Buy at market with stoploss -0.15% below lowest VPOC 9. Target should be at least 1.5 * risk. Please note : I developed this idea - not from StreetSmarts; in trail phase of assessment
Long
by Aussie-scalper