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It's hard to find a book and after reading it and said to oneself... ah.. ha... I got it now.;) Take for example, Edwin Lefevre's book, an inexperience trader would find it difficult to understand. Trading is a journey and reading a few books just wouldn't do it. It's a difficult journey(my...

Vilfredo Pareto observed that 20% of the population controlled 80% of the wealth. The flip side is 80% of the population controlled only 20% of the wealth. Is the 20% of the wealth good enough for the 80% of the population? If no, this thread title is correct.

Fundamental data(quarterly) is very much different than price and volume data(intraday or daily). Stock charting software is more suited for price and volume figures. Unless, you want to develop your own TA software, there are commercial packages that you can consider. You can then focus on the...

It's hard because one has to do the exact opposite of the majority. In another forum, I posted one of my January trades when the stock was on its way to peak. Others in the forum bashed me for showing off. But I was trying to show them when others are buying, that's the time to sell. Use simple...

Models or strategies will break, sometimes. :p Simply, do a scan of any market, errr... let's 50 days simple moving average(I know... I know, it's a lagging indicator.) and see how many stocks that are still above it. You then compare it to the past week, month or year.:cool:

AMD released some new CPUs and Intel new Core i9 beat them in all benchmark. Of course, Intel CPUs cost more. AMD just cannot break the clutches of Intel. :( https://www.nasdaq.com/symbol/amd/after-hours

The Whipsaw Song ?

It's hard to find a strategy that encompass all market environment. Volatile market needs wider stops.

The thread starter most likely throw in her name on purpose and see what the respond will be. Just a simple googling on OZK bank, the name Carson Block appeared and 2007/2008 loan bonepile clearing. The more legit questions are... Why take them so long to clear the loan bonepile? More loan...

Just to paraphrase Jack Schwager, successful ones have something that suite their temperament and give them an edge. All methods will fail sometimes and knowing that it has failed is an edge itself. If a method that makes you money, that's a holy grail for you. Be patient and don't put oneself...

The number of stocks have increased over the past, and it's hard to do all the chart manually if not impossible. It's more productive to spend time reading rather than plotting charts. Believe you me, RW Schabacker would prefer the computer over the manual charting if he had it then.

Vilfredo Pareto is a genius. Taking time to enter a trade is the key as most trends die prematurely. Jake said.... a few good trades.

The latest AMD product refresh may not crack Intel's armor. But AMD 7nm may just do it.

You can get free tip on Excel stock charting here. Just change the year and month in the url to get for more historical tips. http://traders.com/Documentation/FEEDbk_docs/2018/10/TradersTips.html#item5 For serious TA, Excel wouldn't cut it. A simple screen on the stock database will generate...

For TA to be more effective, one needs to have some sort of charting tools and some programming knowledge.

First, start with money that you can afford to lose. :sneaky: The moment that you start to trade, treat the money in your trading account as the money that you cannot afford to lose. ;) Capital preservation is the key and keep working on your edge. :cool: Capital is the only thing that keeps you...

The market operators know how it works. :sneaky: They can use it to their advantage.:mad: Linda Raschke on TA...

Babies do not need to learn how to suckle when they are born. Unless there is someone mentoring, reading and attending trading classes are the next best thing. I have read many related books and I find the following books good. Market Wizards Interviews with Top Traders by Jack D. Schwager...

Oh yeah... it's like Hernando Cortez burning all the ships and there was not turning back.

I can see when the trend is breaking most of the time.:cool: