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This can be expanded on as the chat develops, but the two main points are: 1)-bands-traders don't know enough about "bands" to trust their buy (you buy the lower 1/2, sell the upper 1/2) - you need to know you bought the lower 1/2 to "set and forget" it. Bands are moved systematically by MMs...

I could not agree more. Very well put. The big reason not to discuss trading (much how veterans don't discuss battlefield experiences except with other veterans, since they are the only ones who will actually understand). People have no idea the effort it takes to trade, the work you have to put...

You the man!

You're exactly right. Emotion is the only reason traders lose money, and all of his comments are emotional, nothing about trading or craft, demonstrating he's still struggling with how to trade well. He's not seasoned. Pros trade with the following in mind: 1) - the market doesn't care 2) -...

Don't discount your own hard work to get back and straighten out your schooling, apply yourself properly with a new mindset. That life experience of seeing something through means personal growth. Rolling up your sleeves and doing what's needed speaks well of you. People whine because they...

In other words, most people are lazy, non-intellectually curious, they just want easy. That's how they become part of the 90% (sheep) that get slaughtered. Insiders call them "peasants." Trading isn't just about finance or technicals either, it's even more about understanding how the market is...

Because you're humble, willing to learn, smart enough to recognize the value of growing. You put your fears behind those goals, not blocking them. You'd rather grow as a person than be frozen in time. You know you don't know it all, and are not afraid to admit it.that's called integrity. Well done.

People are always intimidated, jealous, envious, etc of what others can do that they can't. It highlights a shortcoming, exposing a raw nerve of their limits they prefer not to see, so of course they're sore all over. We walk on.:thumbsup:

I would probably tell those friends to look where they're going, not where I'm going, since doing so makes them more likely to become the next hood ornament on someone's car.

lol=:mad: or :( Why so sour all the time? There are plenty of experienced, positive people on this site, with open minds and generous hearts willing to help you improve your trading to consistent gains if you could just let a little sun into your life. Join us, bro'!:strong:

It can save you some money. You also can use that as an "alert" when it's time to sell, so you don't sell it all too early with a standing order. It gives you a chance to evaluate it before pulling the trigger.

It's only noise if you let it in. If you focus on repeatable technique, you can filter out most of the noise. It's really simple, MMs and big money want to use fear to confuse you and steer you the wrong way. They want to keep traders confidence in the market up, so traders will blame themselves...

It was an example, but if you're thinking about getting back into stocks, I would look at NASDAQs under 1.00, since they are cheaper to play, and many are out of compliance with the NASDAQ 1.00 rule, and need to get back over 1.00 - for those tickers, there are two groups: -those over .50/share...

Not exactly sure of the question...my chart is set to 1 min ticks, but to trade any ticker, you need a context. Where is the ticker in it's 5-day trading band? Hi-Lo-Middle? Where did it end the last session? Equally important, where is it in reference to the last 6 months? If your answer to...

Thanks. The program I use is capable of dropping, cancelling or exiting up to 200 bids/per minute, all on one click each way. Without it, I'd be nuts. You can slow it down to any speed, it's just having the speed allows the focus to be on the decision, not the execution, whatever style, since...

Congratulations. Working a little of the pre-market to get the "pulse" of the market for the day, then trading the morning (9:30-12) is a reasonable day. You can still keep the regular gig meantime as long as needed, no rush. It's easy to make money trading, the hard part is managing correctly...

Fun. Will include you on program release info when the time comes, if you'd be interested in a test drive. :sneaky:

It's specifically designed for retail traders, super simple and easy. I've traded with it on IB, Alpaca, Etrade, etc. I'm sure we'll end up with an app version, etc as well when we get there. This program is designed to interface with existing platforms, so the user doesn't need to open a new...

I was weaned on charts, so I watch the shapes being drawn, which gives both overall and specific context as to the intent of the MM or pumper, since when combined with bid/ask/size demonstrates when they are running out of buyers. This especially useful in understand the "band" in which it's...