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Some stocks just flow with the 50 SMA. Here are a few examples but this is not a recommendation. JKS, PACB, KRA, NFE, NUAN, BBBY, QNST, LOB, TXG, TTGT, PTON, HIBB, PTON, DLTH, FRHC Believe you me, some of these will break the 50 SMA. I traded on FSLY, OSTK, TIGR, LL, and PACB using the 50 SMA. 3...

The market is having stimulus addiction. 2020 YTD Covid 19 deficit is 6,683 trillion which is about the total deficit spending from 2013 to 2019 of 6,653 trillion. Exponential ! :rolleyes: Someone will come to their senses and say this cannot go on any further. Who will that person or persons...

I look at the daily charts and select possible stocks for next week.

If it's a DCA on an index ETF then it's OK. If it's a bet on others, better be damn sure one is on the right side.

There are many things in life that is not a sure thing. Is life a gamble? There are those who are so sure that it was the right bet and they bet everything on it.

Don't go for the big one. Take a small step each time. As we gain experience, take a bigger step. The Slight Edge by Jeff Olson.

I am not a gambler and I still have all the money in my trading account. I wouldn't hit a jackpot but it's just a slow grind.

All politicians are self seeking and present themselves as altruist and often taking others' credits.

The market expresses itself in many shades. No method will work all the time. Often, we know little and think we are right but not knowing enough to know we are wrong. In this business, knowing we are wrong can save us and enable us to be in the business tomorrow. Trend following does work...

This is the best I have. You can use it to time the trend and profit from it.

Exactly! ;) Don't jump in when it started to cross over 50 SMA. Be patient and wait for a few more days because most early trend will die prematurely. :cool:

Here is another view of the market in terms of trend. For example, FDX has already been above the 50 SMA for the past 97 days. I run a screen for stocks that stay above 50 SMA from 2016 to 2020 and categorized into 1-10 days, 11-20days .. and so forth. Please look at the % distribution.

I do stock and long only for past 10 years. I look at daily charts(about 4000 charts) every day. Boring! :rolleyes: Each chart takes less than a second. Spend a bit more if the trend catches my eyes. I use 4 simple moving averages (14, 50, 100, 150 and 200). I learn to be patient and once the...

Margin aka leverage is another layer of risk on top of market odds. For beginners, it's best to trade with own money. Find a trading method that one is most comfortable with. I have been trading for more than 10 years and I am still refining my method. Learn to be patient with the market and not...

It would be difficult to use past data to predict future outcome with certainty. OK. I stating the obvious. The best we could do is to look at the statistic of advance and decline. The net effect will be the trending up or down or side way. We could dive in and look at which sectors/industries...

There is no sure thing in stock. During the sub prime crisis in 2008, home price crashed too. If there is such a sure thing in the stock market, then it would be the "holy grail." Since this thread is about TA, a screen for the number of days a stock that stays above a particular simple moving...

Since we do not know what the price will be tomorrow, so we try to predict it was past data. The saying goes... the market always repeat itself. So we employ various strategies using past data to predict the future price which is what back test essentially is. With the power of modern PC, it's...

You can get it from here free of charge but must be registered. http://eoddata.com/symbols.aspx

For me, it changes over time. When I started in 2008, I naively believed that it would be just a walk in the park for me. I am alright with programming skill and how difficult can it be ? I was just tired of the corporate world where I need to be extra careful not to step on someone's tail that...

There are many youtube channels on US farming. Here is the statistics on production. https://www.statista.com/statistics/254292/global-corn-production-by-country/ Here is export. https://www.indexmundi.com/agriculture/?commodity=corn&graph=exports