Trading with tweezer pattern

dear friend mujhy ess pattern ka nai pt ahy aur mein ny ess thread sy bchny ki kafi koshsh ki hy lekin bar bar yeh wala thread mery samny a jata hy ess liy mein ny socha k mein ess k answer likh doon ta k yeh samnmy nai ay lekin mein ny ess thred k answer ko read kia hy aur mujh ko kafi faida hua hy ess liy i think k yhe thread boht acha hy.

In short: you are ready.
Now, you NEED to begin trading. It's time for the rubber to meet the
road!
You can have the best trading plan ever, but you'll never make any
money if you don't take action and actually start. Of course, it always
helps to have a little risk-free practice first, right?

After all, you might still be pretty new to trading, even after having read
this book and completing the action items. You don't want to lose thou -
sands of dollars because you made a small mistake in your trading plan,
do you?

But how can you get started without risking a single penny of your own
money?
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The Complete Guide to Day Trading
The best thing you can do is to get a "paper trading ac count." And the
best news you’ll hear today: you can get a paper trading account for

money." You will get live quotes, and you can enter the trades according
to your plan. The system will simulate fills, and you'll find yourself in a
trading position. Paper trading accounts show the profit and loss in realtime,

egy on a paper trading account first.
Here’s why:
The biggest enemy of a trader is discipline. Traders lose money because
of a lack of discipline. Your trading plan might be excellent, but if you
don't have the discipline to follow it, then you're doomed. Trading your
strategy on a paper trading account will help you to gain confidence in
your strategy AND develop the much-needed discipline to actually make
money with it.

An Example for Trading the E-mini S&P:
Your system establishes a long position at 1190.00, and the profit target
order was placed at 1192.25 ($112.50 profit per contract). Prices move
up to 1192.00 and then reverse. One hour later, the system tries to re verse
at 1191.00. Again, prices move up to 1190.75 and reverse. Two times,
the system missed the profit target by one tick.
Should you change the strategy?
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How to Start Trading Without Risking a Single Penny
Or should you manually override the strategy when something like this
happens?
Doing any of this is like opening Pandora’s Box. Let's say you start by
lowering your profit goal one tick. Of course, you would be instantly re -
warded, because the number of winners would increase.

One week later, you experience a similar situation and you continue
"fine-tuning" your system by slightly moving down your profit goal and
minimally increasing your stop loss. And very soon, the winning system
that you once had turns into a losing one, because your losses are much
bigger than your profits.

I’ve seen it so many times: a trader will back-test his system with over
700 or maybe even 1,000 trades, and then he "fine-tunes" it after the first
5 trades. This doesn't make sense! If you have a sound logic to why your
system should work, then you shouldn’t "fine-tune" it after just 5 trades.
It doesn’t NEED fine-tuning.

You should evaluate your system periodically, but instead of curve-fitting
your system's parameters, you should ask yourself: "Does the logic of the
system still apply?"
If you have a trend-following strategy and markets are trading sideways,

then "optimizing" the strategy parameters won't even help – it's the
wrong market condition, and the market is just not right for your strat egy.
So, again, exercise discipline: if your strategy worked well for over 1,000
trades, and you have sound logic, and you haven't curve-fitted the strat -
egy, then you should not override the plan or "fine-tune" it after only a
few trades!
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The Complete Guide to Day Trading
By watching your trades on a paper trading account, you’ll learn a lot
about yourself and how to deal with emotions.
 Can you "pull the trigger" when your entry signal appears?
 How do you feel when you see the trade moving against you? Do

you feel the urge to move your stop loss?
 How do you feel when the trade makes a profit? Do you want to
get out? Or do you want to stay in a little bit longer?
 Do you have the discipline to trade your system according to
your rules?