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The following was posted to another thread and may be of interest to you: [The percentages] come from brokerage figures, but they are at best anecdotal. Like the misinformation about terrorists and finding a husband after 40 or whatever, the "fact" is extremely sticky. The fact is that the...

In advance? You don't. If this is in reference to S/R, plot the S/R in advance as part of your pre-market planning, then see how price acts when it approaches your R level. Is it hesitant? tentative? Do the bars get smaller and smaller? Or does it blast through?

Often? :) How 'bout "always"?

I've been following your progress on T2W ever since I recommended the thread to you and have been amazed at your reluctance to assume any responsibility for your own lack of progress. You've been getting extraordinary (and free) advice from someone who's been making a living as a professional...

And one more thing to consider regarding your comment about shorting a weak weekly bar. The hesitancy about falling out of this triangle suggests that it may be a fake breakdown. This doesn't mean you shouldn't take the short, but you may want to wait for price to break below the last swing low...

Correct on both comments. May I suggest, however, that one can easily fall into a trap of seeing what one knows whether it's really there or not. In other words, if one wants to see a head and shoulders, he can find one. Ditto with all other patterns. Some of the wedges you've drawn aren't...

http://www.trade2win.com/boards/showthread.php?t=20336

Seems a lot of responses are addressing questions you didn't ask. I may be misinterpreting your question as well, but the following have good stuff for the trader who's on his own, regardless of what it is he's trading or how he's trading it: Mastering Futures Trading : An Advanced Course...

Who is "we"? Was this copied and pasted from somewhere? Do you have the source? LC

Not if you do it right, which few people do. Backtest using old charts in order to develop a tentative but consistently profitable strategy. Forward-test also using old charts in order to determine whether the signals pan out going forward bar by bar through unfamiliar charts and...

I concur with the rec for Yoder's book. Also Vad Graifer's book. And, yes, you still have to study charts. But books can help show you what to look for. Not everyone is naturally inductive.

If only it were true. The "bar" is simply a convenience for displaying price action. The market couldn't care less about your bar or what kind of bar you choose to display what it does. Beyond that, the shorter the time interval, the more likely one is to wade into random movements. There...

However, the same could be said of any indicator: MACD, ADX, or even MA XOs. On the other hand, if you're arguing that the grail is in the mind and not in the indicator, I'm with you.

Don't mean to rain on anyone's parade, but a "grail" that has so many qualifiers (and these aren't all of them) isn't exactly a grail.

I love comments like this. "Less than" $100K, being able to sit at home, trade for a few hours in the morning, then take the rest of the day off. No "job", no boss, no bs. Yep, that's nothing. LC

There's a name for guys like you . . . litigants.

I hope you have several large grains of salt at hand . . . :)

This depends in large part on how confident you are in your entry. If you haven't defined your setup and if you haven't tested it adequately (or at all) or if you're among those who believe that entry doesn't matter in the first place, then you are unlikely to have the confidence to enter with a...

If you're sure that B&H is what you want, look to The Motley Fool.

I agree that nobody on ET will. Fortunately, ET is not all there is.