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There are a bunch of fib levels. In hindsight you can pick a point where price bounced off of and then say, yes it was a fib on some time frame. However, if you for example long on a different fib above that fib number and used a stop, you would have been stopped out. Also, you can have a...

I have found most fibs to be useless as TA indicators and I don't draw them. If you don't pull your targets, don't pull your stops since sometimes the market trends, and one day you will not be able to save your position, not saying it will not be this day or not. Economic reports right now...

Guess I have to go pick the order up now. This was my final replay from the good folks at Walmart: "We understand that this has been a very frustrating experience and we truly apologize for the trouble this caused you. Unfortunately, we are not able to ship a Pick up Today item to your home...

The problem you seem to not be aware of is that if you are ever forced to use your weapon to defend yourself, there is a 90% chance that you will be arrested and then high chance that you will then need to defend yourself in a court of law. However, there is also a 90% chance you will be found...

Wallmart decided on Wed to match Amazon's prime sale with an online sale of it's own. I wish I pressed the print screen button during the time of my order so you could see the bug that occurred. I think this may now be fixed since I did a test order which I did not complete today and did not...

I think practice helps more. Sometimes it's just analysis that no one can write in a book. You just know where price is going and are able to take the trade. The reason is that patterns discussed in books do not show themselves on the right side of the chart exactly like the book shows...

There is nothing magic about the number 2. My goal is to use stats to correctly determine the number of trades that will prevent a winning day's profit to be less amt than a losing day's losses.

Here's a question to help me to avoid having losses lead to over or revenge trading. Let's say during the day I have decided if I have 2 winning trades at the start of when I am trading in a row, I will quit for the day. Therefore that leads me to this if I have 2 losing trades in a row, I...

My suggestion would be to backup your data to prevent ransom. This can be done multiple ways. You can back up to a thumb drive. You can backup online to Google's my drive which has 15 GB. For your cell phone, if Iphone, you can use Apple's Icloud. Then the worst case, you can wipe and put...

Here is an example of a ranging market. While in the range you can see places where you could have made money. I actually took a range trade today in another market.

1) Let's look into intraday trend formed by a report. Let's assume on Wed, a report came out that oil supplies increased. As anyone who took a basic Economic course in college knows that when supply increases price decreases. So price now trends down. That is how a trend forms and will...

You don't understand the difference between day trading and investing. In a day trade assuming no report comes out during a trade, the market develops patterns that can be analyzed using a combination of price action and technical action. For longer term trading for example you trade economic...

It really depends what you are trading and what simulator you are using. If you are trading stocks then there are many tricks being played by HFT. They can get in to an order before you by deceasing the price less than a penny. They have the ability to place their servers right at the stock...

I have experienced a similar issue. On winning day, I would not want to keep trading and would just shut down my trading software after just 1 trade. However, on a losing day, I would keep trying to make a winning trade and end up with a consecutive steam of losses say 3 in a row. Also, at...

Yes, I back test and forward test manual strategies, and sometimes it takes years to figure out what is going wrong. Sometimes I know what to do and don't implement them which is the problem.

As noted the stop loss really can be set where you think the market is telling you that you were wrong. I would only do a mental stop loss if you are trading something that is very spiky. If you are saying right after u get stopped out then the market is moving in your favor, the solution is...

I trade too slow too. LOL. Once I see a trade setup, I need to use a buy stop or sell stop order and never ever trade off the DOM, just pure chart trades.

1) You need 1 or more trading setups with edge. This means if you wait for the setup patiently and take it, you will achieve a positive outcome over 50% of the time. 2) Order management. Certain setups may allow for more profit, and some require and equal risk vs reward. 3) Psychological...

Actually, if you see insiders selling before earnings more than normal or planned, that will tell you.

I actually don't believe in long term indicators. A trend occurs due to a news event. This reflects in price and can be traded for intraday or say 2 days. It stops being relevant once the next event occurs. That being said, once a strong news even occurs and no counter events occur, you can...