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Showing content with the highest reputation on 11/29/12 in Posts

  1. All his courses are about the same. It's just different details in each of them. I went thur his coaching guide, scalping course and vic noble entry. Then I went thur Chris Lori's pro-trader course. It's about looking at price action at major S/R and using money management and trade management to trade. Their trade management of taking out 70% on the bounce of major S/R will help you to reduce your losses or even take a small profits even if price stop you out later. To be on safer side, I use Vic Noble entry of fib 79% to enter and stops at 10pips to 15pips aways from the high or low and use their trade management to follow the trade. So far so good. There are times when I get stopped out, but over all, most will bounce at the major S/R and that will allow you to take out 70% on the bounce to reduce your loss. And if price runs in your favour, you will still have 30% to run to the next major S/R level. One important point I noted is that you will have to be aware of the overall risk sentiment of the market so that you will have a feel of which price level will bounce and which direction it will likely to go. These are found in Chris Lori's pro-trader's course. Vic Noble just gave a short mention of this in his course.
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