Some traders prefer trading price action
May 26th, 2010
The setups are not entirely mechanical. There is some discretion involved. I try toexplain how you should always be trading with the trend, and that does require some discretion from the trader. As far as the risk to reward ratio, it really depends on the kind of trader you are. In the course I go over different kinds of trading styles to see which one fits the trader the best. Some traders prefer trading price action and out of the market, so obviously their reward to risk ratio is not that big. However, I also show how to trade in a more long term fashion. There are instances where you can trade 3 to 1 on reward to risk, if the setup is right.
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