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Find charts where you can view 9 months, 3 months, 1 month, 5 day, 1 day. Then look at around 1,000 stocks at all different kinds of prices. Stare at those charts for at least 5 hours a day for around 6 months. See if anything comes to you. This is called natural education believe it or not.

You are already headed in the wrong direction. You are asking people to give you vague directions on how to become a profitable trader. The more you listen to other people, read other peoples books and use their methods the more you will fail. Let this comment be the last you ever read...

Forget the stupid mantra's. It is pretty damn easy if you know your system well enough to tell whether a trade is doing what you thought it would do or not. Of course fully knowing and grasping your timeline for the trade will enhance your ability to become profitable. Example- I buy a...

Why does the majority of trader's here state their results in points rather than in percentages? When the results are always in points it is impossible to guage how good or bad the results are.

If you don't think it is going to do what you thought it was going to do then cut it completely. It turned on you big deal. You only have a problem when a large majority of your trades are turning on you and you start losing money. If this starts happening then scrap every single strategy you...

This conversation and thread is rather pointless. First of all a significant study of historical comparison and patterns dating back only to 1947 is not long enough. Sounds like a long time but with only around 60 years a study like this simply cannot be argued. There are just two many...

I recommend using zero indicators except during simple week to week swing trading where stochastics are useful. Volume is needed only to make sure the stocks you are looking at have enough liquidity. The more indicators you use the more lost you are. For example looking at moving average...

The secret to the market is that you never have enough knowledge, you need more to make ever higher profits. You have to have the profitable mindset to be borderline paranoid that in your present state of mind you do not know enough about your strategies and the strategies you have not yet...

Great spirits are often violently opposed by mediocre minds. The average person on this website if he is even trading anymore that is, struggles while trading. They struggle because they never study any deeper. Insanity is doing the exact same thing over and over again and expecting different...

If you make trades based off a moving average based on a 15 minute chart you will no doubt miss the trade. Learn how to read price action and actual characteristics of charts instead of depending on someone else equations to make you money.

If you don't have the ability to seek what type of trader you want to be or what a trader even is then you have zero ability to seek enough knowledge to be a good trader in the first place so quit being a dreamer.

Trader4ever you are exactly on the right path. Finding stocks that yield the characteristics that personally fit your trading strategies and vision is the true path to profit. I dare you to try and expand past the trend strategy. I use to be right where you were with my trusted trend stocks...

Are you kidding me, the stock is dull for the last couple weeks. Why don't you figure out how to read charts so you can actually be able to buy the stocks that are in a breakout right now this week and month instead of making some type of crazy gamble and prediction.

First looking at the characteristics of that chart the stock does not seem to be a very reliable 15 minute timeframe trade. You need to find something with more volatility than a major index. If you decide to pursue the 15 minute chart with this stock then please look at more history then...

I am not saying fundamental investing is impossible, I am just saying that if you compare your aspirations in fundamental investing to warren buffets success and style then you are in total denial of how good you can actually be. Where should you look to see results that could reflect your...

Create your own economic theory. Start your own business. You can either be a gamesmen or a corporate man. If you want to work under someone else doing simple planned stagnant tasks then be the corporate man.

People never talk about the origin of becoming this or that but rather just talk about the pro's and con's of doing something without ever looking at the reality of how something comes to be. How did Warren Buffet, a very talented and successful fundamental investor come to be? All you have to...

Heres a simple lesson to learn. A very large percentage of quality companies still go down during rough economic times. The economy is a whole and should be viewed as one. Many times companies do not directly affect every single days movements but in the overall big picture almost everything...

I think a persons entire thought process can be defined and understood somewhat by seeing whether they are a liberal or a conservative. Which thought process and person do you think would make for a better day trader, a liberal or a conservative?

OK intraday but i would also need to see all the charts as well. Anyways besides that i would say that there is a good amount of time companies in the same industry will stay together so i would say stick with the real trend and buy the ones that have gone up but as i said i need charts to...