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I use hourly, but if price is weakening at at important level and there's a test, I do zoom in to lower bar intervals. Generally speaking though hourly itself gives reasonable entries and whether it's an intra-day or trade of a few days is dependent on price. You are using SLA so for you either...

Hourly is easier to trade than 30 mins or lower. Daily is doable but the moves at times haven't been easy to capitalize on due to entry coming later and reversals also happening. I like the hourly in tandem with observing weekly and daily important levels. I use the QQQ as well or options on...

Do penny stocks exist in the absence of a penny?

What these criticizers are forgetting is that it's not their property to give, nor their decision to make. Based on the above comments these people would have been less upset had Paulson simply burnt the money. With that kind of money I would donated it somewhere where a person is taught to...

I have that booklet and other materials from Livermore. After reading Wyckoff though, Livermore appears to be less precise to me. I can understand the message in general terms but not completely in practical terms. To be fair, I don't bother with others much now since SLA-AMT has made life so...

No you don't. It's hard to explain the use of sim to traders who are newer. I made the mistake of going live straight and paid dearly. The money isn't the problem. What's dangerous and most harmful to progress is the ingrained fear that gets etched into the mind. We are what we repeatedly do...

It's strange but I don't fear getting old. I've seen grandparents and their kin take care of great-grandparents, and then parents take care of grandparents in their old and weak stages. Yes, it's a bit of work and effort but in a similar vein I and other family members are lending a helping hand...

Interesting.

I have fallen into this 'sit tight to make big bucks' trap a few times and seen price come back to BE. During the past year or two price has bounced back from median a lot more often instead of continuing to the lower TC. Despite knowing that probabilities favoured exiting at the median I am...

Please. Why not give that money straight to the middle class then? They can write a check of thousands to each middle class person can't they?

Only if price reacts at a level does it become important. When there is no reaction disregard that level. Say after a few trips and days price starts reacting to that level again you look to the left to see any previous congestions. Dynamic price means we won't and can't know in advance...

The range wasn't drawn by Db. He simply used the previously posted chart to highlight an entry arrow.

I am a part-time trader. I don't have the need to mess with market when it's not behaving as per my plan. I can see for intra-day traders these movements are quite lucrative but my preference isn't to become a day trader. Based on my personality the relaxed and deliberate way is more suitable. I...

NQ has been gyrating up and down but without any solid commitment. For shorter term traders there seem to be opportunities. For me the movement is indicating indecision and as per protocol I am waiting for price to reach either a TC or TR extreme. 4450 and 4600 are where my attention is. Gringo

Number of elements: 100 Correct answers: 63 Mistakes: 37 Time: 6 sec There were moments of silences where time seemed to stop and the focus became intense. I would break out of those moments fast but during those moments I would remember the numbers and not be aware of my surroundings. Gringo

Sorry buddy. Intra-day I try not to comment much because it requires some prep and all, and hindsight bias is also at full bloom. You have my best wishes. I also am busy training my mind to focus which combined with some lack of sleep has me a bit exhausted now a days. (30/100 recall for me...

I agree with most/all of what you have said. The above is the only one I would humbly disagree with. Thought Experiment: Imagine a household stating they'll pay double for each item they get from outside the house. The household personnel might try to do things they can but the quality is...

Gringo