Search results

I thought by just apply the "winning trades" method that it would be suffice(winning trade = profitable trade). Nope. The market is just litter with traps.

Of course, the past is not necessarily the future. But the future often repeat the past. Most stocks often show complete "disrespect" of the moving average. If one is using moving averages, then it's best to stay away until they start to respect it. ALL stocks will break moving average at some...

My trade on FSLY and OSTK, these trades hit my preset target and I was out of those trades. IF I let them run, I "woulda" double/triple my profit. I want none of that because I have seen money on the table just evaporate in a blink.

It depends on the average behavior of a country's citizen. If every citizen is responsible enough and take proper precaution, then lockdown is not necessary. Wearing mask does not prevent the disease but it cut the risk of infecting others. Yet, there are some who think it's their right not to...

In the for-loop, the index has a fixed increment in each iteration. For example, in this loop, i will start from 1, 2, 3... 10. for (i=1, i<=10, i++) { do something.... } Where as while loop, as you have indicated, x, y and z must all be 1 before the loop is executed. Once inside the while...

Maybe Trading in the Zone might explain part of it. Some say charts can tell but most of the time after all had happened. I find Stan Weinstein's Stage Analysis helpful sometimes. CBOE - 2017 to early 2018. Recently, FSLY, OSTK and TSLA just to name a few. Once the advance and decline start to...

Is it not that all currencies are relative? Even all cryptos are measured is $US. Most, if not all countries would manipulate its currencies in order to be remain competitive. We live in a free and "globalized" market, if stuffs get expensive, we will shop elsewhere.

Finviz is US centric but thorough and free. https://finviz.com/screener.ashx

Most new businesses will fail. Some successful businesses will fail too. On top of that, markets are selling hypes and hopes. Indeed, some of these hypes and hopes will become reality. Every investor is looking for them. It's hard to find them but they exist right before our eyes. I am looking...

I give up trying to predict the market especially with system. Just read the charts diligently and let the chart patterns sink into your memory. This process is going to take times and being patient is the key to success.

@Fudgester, There is no trading software that can fully replace our deep understanding and feel of the market. It takes a long time to really understand the market that you are in. I am using Amibroker to read daily chart. By doing this consistently, I can memorized the charts. You can use any...

With speedy computer, backtest with many inputs can be done in a snap. How much input is good enough? Often times we backtest and the results are not so positive. We discard those with not so positive results. There might be a chance that those models are giving accurate results but they are not...

@Trader Curt, Very funny.:D This is a best policy. If it's from an unknown source, do not plant it. It may cause environmental problem if it's an invasive "alien" spices. Here is a example...

I have read the list of book that is on the screen except the first one. Sometimes we pull the trigger and boom it shot up like a rocket and at times it just a bust or didn't do anything. Salute to those who achieve consistency. Just like learning how to cycle without the training wheels...

Just do a simple experiment. But need a charting system with daily data and a screening script. Run a scan for events that a stock can stay above a moving average in days. The scan results should have a long list of ticker symbols with number of days. Sort this list and do a frequency plot(count...

Maybe a little practice of mindfulness will help. It serves as a mirror to our actions. All traders want to be right but that's for the market to judge. We often see heated argument in forums because each side wants to be right. We know little and think we are right but not know enough to know...

It has been more than 10 years since I started trading stocks(long only). Still have my capital. Many have recommended Reminiscences of A Stock Operator by Edwin Lefevre. Here is a copy. https://archive.org/details/JesseLivermoreReminiscencesOfAStockOperator/mode/2up I find this book difficult...

Look at daily chart everyday. Follow by comparing chart trend of stocks in the same industry e.g.(Home Improvement Store - HD,LOW,FND,BLDR,LL). If most are trending up, then it's strong indication. This is not a recommendation.

This may help. If have $100K, risk only $10K. Believe you me, the fear will go away. This just a small part of the game. The most important of all is how well ones know the market. By constantly looking at the charts helps. Once ones get proficient in chart reading, it takes less than a second...

Even if Trump were to wear a mask, don't think all Americans will follow. Why blame Trump when those choose not to wear mask just don't bother or care for others' health. Just use commonsense. It's not politic. It's people.