Trading Tips & ‘Toolbox Chat’ (incl. tips if poor eyesight?)

shug · Mon, 06 Feb 2023 07:02:33 +0000

Sitting last night and a thought popped into my thoughts. My eyes are bad, I’m not blind but It got me thinking, say for example I was trading for a living and my eyes went altogether but I was relying on trading to support myself and my family, what could I do about it? Then I got to thinking, is it possible? are there any blind traders using programming to help with there trades? Could we help people who are partially or completely blind to trade? What programs would we create to take advantage of other senses that a blind person uses to help them to trade? I think this is a very interesting topic to create a thread on and I would love to hear everyone’s opinions and ideas and beliefs on the topic. Would it be possible for example to program a voice to activate every 5 points or so what number the markets at? Would it be possible to program a voice to alert what type of candlestick a bar finished? A moving average alert for proximity? I think if it could help 1 blind trader it could help others and get other blind people who wouldn’t even think about it to get interested in trading? I love the word impossible, it motivates me nowadays, it used to bug me. Anyway guys I’d love your input.

This topic has 69 replies, 6 voices, and was last updated 1 year ago by GraHal.

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02/09/2023 at 9:30 AM #209392

GraHal

Yeah I think most of us have done the same!?

9 times out of 10 it works and we vow never to risk it again, but we do! 🙁

Many times in the past, while sleeping, I’ve had the IG App open with an alert set if price reaches a certain level! That sickening feeling when woken by the alert … knowing that if I don’t exit I will be on a margin call by morning!! 🙁

GraHal
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02/09/2023 at 9:30 AM #209393

shug

Even after over 600 winning trades in a row I still trade low amounts per trade

shug
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02/09/2023 at 9:32 AM #209394

shug

We learn to sleep with 1 eye open LOL

I can’t do that now, I have to get up just after 3am and get to work it had to change!

shug
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02/09/2023 at 9:51 AM #209396

shug

Do you guys stick to the same amount per point? or change it depending on the signal you get for the trade?

personally I change amount per point depending on confidence level

shug
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02/09/2023 at 9:56 AM #209397

shug

support/resistance I’ll keep an eye on today on us30 (1 hour chart)

shug
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02/09/2023 at 9:57 AM #209399

GraHal

Currently I am having success by scaling in and scaling out … as you say depending on confidence levels.

As each trade goes green by a few points then I open another trade. Then scale out by highest gain.

Advantage, as I see it, are that if I get the entry decision wrong then pos size = min and if I exit too early then there are trades left running to mop up the points! 🙂

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shug

GraHal
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02/09/2023 at 10:06 AM #209400

shug

I believe markets move far to slow for us humans to make sense of, we get board and distracted too easy.

If you want to experience it different do what I did and record a 5 minute chart for 7 hours then change the speed of the render and make a 10 minute video out of it.

watch it and take notes.

It helped me understand the market

Or drop to a 10 sec chart but it creeps off the screen now and then

shug
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02/09/2023 at 10:29 AM #209401

shug

Careful if your watching that consolidation on the 1 hour, (if) it breaks to the upside it has a long way up to go

36952 has been hit on 1st January 2022

shug
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02/09/2023 at 11:00 AM #209403

PeterSt

How can you teach a blind man to trade if you can’t trade yourself ?

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02/09/2023 at 11:00 AM #209404

GraHal

shug wrote:

I believe markets move far to slow for us humans to make sense of, we get board and distracted too easy.

Above is why I trade the 5 sec TF … there is generally enough action per candlestick to hold my interest!

My favourite time to trade is 14:30 US open … I don’t get distracted then as the action is riveting!!! 🙂

I also have Algos that trade the US open!

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02/09/2023 at 11:19 AM #209408

shug

If you can’t trade yourself don’t teach a blind man

shug
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02/09/2023 at 11:20 AM #209409

shug

5 sec timeframe I haven’t looked at trading, it might be worth looking at, I will if I get a chance

shug
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02/09/2023 at 11:25 AM #209410

GraHal

PeterSt wrote:

How can you teach a blind man to trade if you can’t trade yourself ?

Learn how to trade yourself before passing on the knowledge! 🙂

GraHal
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02/09/2023 at 11:28 AM #209411

shug

If someone can’t trade they can still teach, just teach how not to trade?

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GraHal

shug
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02/09/2023 at 11:30 AM #209413

shug

I’m still trying to figure out how you guys get those wee smiley faces on your comments

shug
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Trading Tips & ‘Toolbox Chat’ (incl. tips if poor eyesight?)

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