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hi,
iam just learning this gartley 222 and butterfly.
i know their rules of setup and also i can find this pattersn on chart.
but when iam trying apply it on realtime trading its hard coz
always it could be at first Gartley 222 and if it fail on point D then it coult be Butterfly.
but if my first trade(on gartley222) fail i will be in big loss so what`s the point ?
rather wait for Butterfly ?
hi,
iam just learning this gartley 222 and butterfly.
i know their rules of setup and also i can find this pattersn on chart.
but when iam trying apply it on realtime trading its hard coz
always it could be at first Gartley 222 and if it fail on point D then it coult be Butterfly.
but if my first trade(on gartley222) fail i will be in big loss so what`s the point ?
rather wait for Butterfly ?
The failed Gartley can never be a butterfly
You wanna know why? follow and study this table
unexperienced traders enter the markets focused on how much money they stand to make
Professional traders do the exact opposite, they focus on how much money they stand to lose