Discipline embodies two concepts; responsibility and focus.
Discipline is not complicated. But it does take effort and energy to execute.
Discipline is being responsible to do WHAT you are supposed to do, HOW you are supposed to do it, and WHEN you are supposed to do it and pay ATTENTION to...
You cannot ignore a failure. The pain is there. So, you will feel the pain. Embrace it momentarily. The problem comes allowing that pain or disappointment to dominate your thinking until it paralizes you or causes you to commit an even worse mistake. So, how do you deal with it? First recognize...
I contacted Tradovate. Here is the scoop.
1.) Their main office is in Columbus, Ohio and they also have an office in Chicago.
2.) Tradovate will work on iPad Gen4. Tradovate also offers a version for the Mac, iPad and iPhone. Once you sign up for the demo, https://www.tradovate.com/trial/...
I just gotta slip one more thing in before I leave. IMO trading setups or patterns w/o correlating them with volume decrease significantly their usefulness. I would say it is a waste of time, but boy would I get hammered on that one. I will stick with "decreases significantly" their usefulness...
Well, hasta la vista. Illuminator happy trading. Still no concrete secrets divulged on your part. Here are two more examples of the setup. My simple setup was too simple. It is amazing how people look for complicated things. As if they are better!! I have seen some charts so marked up that it...
How do you know what I know?? But just in case you are worried I have many more plays I can do. But I am willing to share this one. I don't have to go intraday with it. It can be a swing trade. It can trade for days or weeks with a trailing stop. Almost everyday there are different setups on...
I know the setup is simple but look for it on charts. See if it works. I like and keep things simple in trading. I am not really a TA person. Don't use MA..candlesticks..might occasionally use trendlines..... I have my own proprietary software which I developed that does some automated TA for me...
Here is a setup I look for in short term trading. It is important to follow the rules on this play. Like anything else it isnt 100% but is usually right enough times to make money.
When market is going down and you see a down bar, wide range, VERY high volume that closes on the high or near...
My argument is simply that the tape will "show" any affect that fundamentals may have on price. Generally, smart money is privy to all that and they leave their moves on tha tape. Since I trade by what the tape show...intraday..or 1 to 3 days any change that fundamentals make will eventually...
I dont use any of the above. Except once in a great while i might use a trend line. Just dont need all that TA. I keep it simple. Did price go up? If so "how" did it go up? Did price gp down? If so, "how" did it go down. If sideways..how? What is the range..narrow..large??? Where is the...
I dont trade on fundamentals. I could care less what fundamentals are on a stock. My trading time frame is 1 to 3 days. Fundamentals therefore mean nothing to me.:)
But I did get YHOO, BRLC, AAPL, RIMM, SGY, NTAP, AND LIHR right so i guess missing on GRMN aint too bad. Seven out of eight correct so far. Besides the day aint over yet GRMN could still head south!