other big players bought and sold
Price reacting areas suggest pending orders.... FTB in price action terms if its first time
disclaimer : Educational Purpose only
if u look in shorter timeframes, it makes more sense
hope this helps you
look at daily chart and analyse ftr n Ftb
I recently tried a simulation called Monte Carlo... after that I understood one thing, if we can control our risk and have specific target (atleast X3 times )with 30% win rate, we can still be highly profitable.
so unlike gambling, stock market has a logic to apply, which definitely increases our probability of success. hence Risk management is the biggest thing in Stock market followed by logic and strategies