I actually think trading 2-3 contracts instead of 1 will help you better to manage risk, but 1 is a good place to start. If you can keep at break-even with 1 and have only very small drawdowns then move on to 2-3 contracts.
well there are guys that consistently lose money. so there should be a way to consistently make money, even if it is gambling, since it's a zero-sum game.
when gambling in vegas, the casino consistently makes money
you cant fake portfolio penny stocks. penny stocks dont have alot of volume to make you make alot of money and support all-in trades. if you can make money with the dow 30, then youre higher chance of becoming a millionaire
strongest country in this world now is europe
they will be the one to make regulations. also possible is brazil or china or india. i dont see a role for russia
russia has the same problem as venezuela/USA
did you know because some engineers didnt know other foreign engineers used a non-metric system (feet etc) it blew up a 150 million dollar costing rocket?when i see these things K=M and stuff like that I feel like why dont all people just use the same systems and abreviations
stock gots a lot of debt. if company falls, stocks worthless and laksmi still has his billions. steel get shits hard in recession. plus recession may turn in a depression. dow is now at 8k and can go to 4k some posters say. if you're fine with all of this
alot of broker software isnt suitable for technical analysis, because they are bare-bones. then you can try out paid package. but what people here say is right, sometimes barebones is a good thing. it depends on what tools your analysis requires.
interestingly enough, the monthly chart of the SPX shows a double top. Important to note is the increase in volume when breaking down currently, and the size of the bars. (3 months 300+ points) Normally with double tops increase in volume in direction of the trend at the completion of the double...
if crude falls to 34.. wouldn't the shorters worry about the fundamentals? if it costs more then $34 on average to extract a barrel of oil.. then won't the supply automaticly dry up thus causing rise in price? where fundamentals overtake technical signals?
thanks preacher for confirming my suspicons! :D that topic will help out fine now I can at least double check the numbers
ive been using daily data from the OP for confluence possibility lately and wondering whether weekly or monthly data were worth looking for. seeing as it seems those are...
hey does anybody know where I can find free Market Profile data, like daily POC VAH and VAL? Also for this S&R type trading are weekly and monthly Market Profile S&R also usefull?
also the way MP is used am I right that you use them just ass an added Support and Resistance to make confluence...
i have noticed in trending markets volume is higher in direction of the trend, in choppy markets you will have irregular volume especially on the 1 min chart.. so volume can be a good indicator whether youre in a choppy or trendy market
also a pair of ma's is great to see if markets are...
R3 and S3 doesn't work because it's not standardized. go to mypivots website and look at woodie standard camarillo R3. they are all different. while PP and S/R1 and R1/S2 are all the same standardized
pivots work because everybody knows what they are.. if every body has different numbers they...