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i don't know what you are implying to be honest. Only thing i'm seeing is that SPX is stronger. Monthly looks like a nice bull flag to me :) Next weekly potentially big thin green candle -extension to the upside. The trade is working in my favor, i am not going to think, anticipate, or predict...

I don't trade the news, but if i see a lot of bad news, when i am anticipating the bottom to form, i know i'm likely right.

I just took some profits, because i covered my whole risk. This is a guarantee that you can buy oil around this level and make good money. I am the master of entries, but i have itchy fingers and when i see profits so quick, i can't resist not to take them. Only to later see, i got the perfect...

I hope so that would not happen. I'm getting a margin call on my house if we dip below 53$ even. I just went all in at 53.8$, i think it's a once in a lifetime opportunity. Jokes on the margin call. But i do think this is an unique opportunity! Very well defined risk, and enormous upside! Even...

I agree. It very well might. Over/under valued is a very bad term in trading, i agree. There is no such thing. But what i'm trying to imply is, that we are at a potential bottom before a big move up. It's what i'm seeing, not thinking. I'm expecting very little to zero downside from here, if...

I'm eyeing a potentially big trade to be made in oil. The risk to reward ratio is favorable and the odds of trade panning out... certainly plausible. The trade is based SOLELY on the chart, but i can find a lot of narratives to go with it. If the economy is going strong, the oil usually...

It is very much possible. But you would need years of experience first, and second - proper opportunity to arise. I'm speaking from personal experience, the opportunities were insane and i;ve spotted them before they happened... BUT did i capitalize properly on them? Nope, mainly due to lack of...

Blaming your loss on the news. Claiming anything alike shows your incompetence and how clueless you are. It's normal for beginners to enter with such mindset, fantasizing about making insane amounts of money, getting rich and retiring. Recognizing the problem would be a big step forward... Or...

Exactly! This is a good one. All of my biggest losses that devastated my portfolio came from a blind belief in the trade - trading what i thought was gonna happen. Blame goes on the lack of experience, overestimation of you abilities, having no fear, and ofcourse... greed!

I'd be willing to trade on a demo, but only if the offer is serious. I primarily trade cryptos, but i've been tracking indices,usoil and gold and i'm doing pretty well. Trading with lame brokers because i use crypto as collateral and swap fees are insane.

Lack of focus is a big problem for me, not only in trading, but life in general. And i've noticed this only just recently, realizing that for most of my life, i had rarely ever been in the present moment. My mind quickly wanders away and i get caught up in thoughts - daydreaming. Perhaps i'm...

Haha. So true though.

As i am going through my trading journal, i'm trying to pick up my most common mistakes so i can be aware of them in the future. Please, do post some of your flaws. What do you usually do wrong? Which mistakes do you do? What are your flaws? (if you've overcome them, then post what you used to...

I look at higher time frame charts for DXY,oil, gold, forex currencies, major indices and so on.I believe this is the most accurate as it gets and it paints a pretty clear picture. There's a million variables that impact the markets and you will never know it all. When you look at the price...

Processor Intel(R) Core(TM) i7-6500U CPU @ 2.50GHz, 2601 Mhz, 2 Core(s), 4 Logical Processor(s) 8GB ram Im using firefox and its using the cpu when viewing multiple charts and having lots of tabs. Could i possibly have 2 screens with this CPU& RAM?

Market is ranging most of the time. But when it's trending, i've found breakouts and their retests to be one of the most successful trades. Good risk-to-reward ratio and VERY high hit rate. But you need a way of figuring out when the market goes from chop into trend mode. That's the hard part...

CPU is already hitting 100% at times and tabs on firefox keep crashing.

You probably lost a lot of money shorting the market. But you can now atleast brag about your target getting hit. Congratulations!

I am just wondering what kind of hardware is needed for supporting multiple monitors(up to 4) so the charts will work on all of them simultaneously without a problem. For beginning i would like to start with 23 and 27inch monitor, but maybe add more as time goes on. What kind of hardware do i...

What are your thoughts on the topic for the future? Will the artificial intelligence and algos take over the markets and make discretionary trading impossible?