2min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

226: Tales of a $150 Million Forex Trader w/ Dapo Willis

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

The Importance of Understanding the Action of Price Movement

The only way you can tell that God is ranging right now is if you check on monthly or weekly timeframe. If your strike box gives you a cell or buy order under the premise that it's built around a trending strategy, then I stop managing my trade from a higher timeframe perspective. You know what I mean? I was able to do this. So just knowing one thing about the market isn't going to get you that far. Once you understand these things, then you can stick to your strike box but make sure you're striking in the direction in which the market will distract that box.

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