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I wouldn't mind checking them out. If someone remembers what page of the thread they're on, please advise. Thanks

Hello John I went long BIIB on earnings day (1/30) and got shaken out same morning for a .70 profit. My stop wasn't that generous. Just got done with the Fisher book. Some very simple but powerful information. His approach fits my breakout style of trading very well. I'm really surprised...

Just got through the first two chapters of the Fisher book. So far I think it's brilliant and resembles many of the concepts I use in my trading. Has anyone figured out a good way to calculate the A up, A down, etc... levels. I tried searching this thread. Didn't seem to find anything. Thanks

You have too many things on your mind. Clear it all out and start with one simple idea. Forward test it for months. I don't even recommend using profits targets initially. Learn the art of stop placement while you use time based exits. Example: Buy XYZ at $20.00 when you get your entry...

Took me a while to realize all this stuff is BS. No one really knows where exhaustion of a move loses steam. I realized having a hard set of rules is the best way minimize the stress. My health always comes first.

I generally make less than 20 short-term trades per month. Once you start talking about fractals I get lost. Keep it simple please.

Because you only end up with so many candidates when they're applied (at least in my case), and therefore end up trading less frequently. I don't trade anything but the US equity market

I'm assuming this is a joke :)

I personally use filters to select stocks to the point where I get no more than 20 setups/signals per month. Do smart traders really trade less?

Just curious. What type of stuff does he read? The reason I ask is because I like to read stuff at work during my "down time", but seem to have a hard time finding stuff that interests me. I've read all the highly regarded trading books. Some more than once, or twice. Happy New Year John

Actually, this is the beauty of the markets, and what seperates them from any other gambling arena. This is why I laugh when people compare trading to poker, or other types of gambling. I don't trade full-time, but when I try to explain this momentum concept to blue collar people at work...

I'm an Electronics Technician for the US Postal Service. I basically just wait around for the mail processing equipment to breakdown. Usually just little BS stuff like mail jams and faults.

That would be me. Sleep on the job during the graveyard shift, and trade during the day. Works out pretty good.

Hey Mav. Got some questions for you if you don't mind. Has the ACD method been your primary methodology? How does it differ from the techniques you used before you adopted the method? I assume you used price action before, even though you're trading spreads. My library put a hold on the...

Fair enough:) It took me over 6 years to see my obvious, and i'm now just realizing the simplicity of the markets. I just need to refine my execution skills. Took a break from it 5 years ago after I bought a home and started a family. Not much room to gamble I haven't touched a trading...

Hello Siva Your brain must be completely information overloaded at this point, which is normal during the early stages of trader evolution. You will learn over time how to filter out the irrelevant stuff. I have some trading files which I studied back in the day that I can give to you. It may...

What is obvious? You're either on on the right side of the market, or you're not. If you dont know what side you're on, it's probably best to stand aside until you figure out what the right side is again

This is horrible advice. I used to think that I could get away with this, but it puts you behind the crowd. The OP must learn price action and market mechanics, and it will take some time (and possibly money) for things to sink in. It is very hard to see how the market does it's dance without...

It's funny that you mention that. It was my second trading book right after "How to Make Money in Stocks" by William O'Neil. I was totally lost. I studied some basic stuff while watching charts for a year and then re-read it. I was completely hooked and re-read it for a third time and it finally...

One of the books that helped me earlier is "The Master Swing Trader" by Alan Farley. His tactics are very interesting. I sort of mimicked his style until I found my own comfort level. His website has plenty of free info. Really nice guy www.hardrightedge.com