Search results

short

Scenario 1. The beginning of Microwave .v of Subminuette Wave ã of Minuette Wave 4)c.c:b was seen as the rebound at the end of yesterday. Today should see Infrawave :i, :ii, :iii, :iv and :v then a fall into Minuette Wave :c. Strategy. Count five waves of the Infra degree then short sell...

Our EWDTer began to get the feel. After two futile short sells on lower lows near previous day high, our EWDTer began to go long as planned. Scenario 2. Market opens up and gets above yesterday high. Strategy. Buy after correction and new intraday high appears. Sell at yesterday high...

Cover short and go long.

sold.

close short postion and go long as planned.

sell.

Close position.

Sold, prepare to buy back.

Scenario 1. Market opens up as Microwave 4)c.c:ci.ii then falls into i.iii to below yesterday close, then rebounds, then falls again to end Subminuette Wave 4)c.c:i at 13029.9004 1439.29 2536.9299 Strategy. Sell at Tick Wave iii down. Take profit around 13077,1445,2551 Sell again at left...

Minuette Wave 4)c.c 13493.9805 1496.4 2642.6101 start of Wave c.c:a 13029.9004 1439.29 2536.9299 end of Wave c.c:a 13206.9502 1462.03 2578.8201 end of Wave c.c:b MAY END AT 12742.8701 1404.92 2473.1399 end of Wave c.c:c? 751.1104 91.48 169.4702 length of Wave :c = :a? 13769.6299 1503.89...

Blunder # 8. He took the non-confirmation for grant. If he took heed of the non-confirmation he might have seen the turning tide.

Blunder #6. He tried to take revenge on the Market. After his second and third shorts failed he tried to take revenge on the Market with the third short which quickly go against him, because the Market was well prepared this time. He got even for the day by sheer dumb's luck. If he...

Blunder #5. His mental state stuck in Bearish mood. Because he was waiting for the opportunity to increase his bet, when the Market went up as he thought, it was obvious to him that he was right and this is the opportunity to sell and double his bet. So he kept selling on higher tops for 20...

Blunder #3 Our EWDTer confused sell signal of scenario 2 with sell signal of scenario 1 which should have occurred near scenario 1 target, when some Tick Wave III got below Tick Wave I. Blunder #4 Our EWDTer changed tactic on the fly. He was sort of "buy high, sell higher" or "sell low, buy...

Blunder #2. Increase Bet. Increasing bet in day trading may turn a profitable position into a lost one, because situation changes too quickly to make a sound judgement in changing a well planned strategy. He should do "fast swing and slow stroke", that is to put up all his planned amount...

Reflection turns missteps into lessons learned. Without Reflection missteps turn into nightmares. After every trading day, our EWDTer should sit down and reflect, so he could see his strength and weakness. Hindsight is always crystal clear. His scenarios were OK, they helped him recognize...

Minor Wave Trading is a dangerous trade. When you do day trading, no one bother to look at your post, fortune telling, because they are busy day trading.:cool: When you do primary wave fortune telling, they will all forget what you say when the time come.:) When you get a Minor Wave call...

Insufficient time to open a new position. Consider my performance to day, I should change to a Minor trader.

Sold all. Consider short.