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@maxinger I don't see anything special in my attempt to understand the what, why and who of this behavior. Once you have a model for what you see, it is easier to interpret everything else.

aha, now everything is clear :)

In the last few days I've been trying to build an understanding of this behavior that can commonly be seen on financial markets of price retests and have stumbled on a few, I must say, interesting videos of a trader that describes his approach to price action reading that can be summed up in the...

@Overnight share it here if you can, I believe others might also be interested in evaluating it

If you don't have a strategy, what is it that you manage? Starting directly with risk management to me does not make much sense.

I don't think yours is luck, it's experience. And this is not a science, it's mostly a statistical game.

@sandy_s I'm here to share what I know and learn from others if possible, aren't you willing to elaborate more on your statement?

In my quest to formalize and improve my strategy and trading I landed on this image that captures better than anything else I've seen what is a reasonable journey to successful trading. I thought others in this forum could benefit from it...

I agree. I've always felt like my strategy is somehow incomplete but I really never got into shorting or options trading to take advantage of corrections or bear markets. Shorting or options trading have the added complexity of requiring being correct in timing the market. A thing I also...

@fan27, thank you for sharing it :thumbsup:

@Leob, thank you for pointing me to VPOC, it looks very interesting and reminds me of volume profile, identifying the price at which trades in a given day or time period took place

@Leob I do consider S/R lines and volume when setting entry and exit points. Is your scalping effective? Is your account growing?

The plan is always the same, evaluate the stock market and a few economic indicators to understand the trend and see if any of the stocks in my list is in buy zone. My list is mostly made up of stocks that are top based on the canslim process or that I know and have been following daily for a...

@jnbadger, thank you, I would really appreciate it. I'm still very much trying to define my strategy better by even writing it down on paper or on file :) and I'm also trying to formalize steps and tools to support decisions. For example, what is it that you do to try time the market and get a...

Ok, in my head swing trading does not go much beyond a few days but I suppose it corresponds well enough and yes trend trading is what get's most near what I do

Clearly this is a long only strategy but @tomorton would you be able to suggest what I could look into to improve my approach?

I've been trading for a few years now and over time I've tried my hand at different strategies and analyzing successes and failures I realize that I could have had maybe not huge profits but most probably near 100% successful trades by simply choosing to trade only long-term leaders such as...

Thank you. I listened to your video but I was not able to find a clear answer to my question. In your video you say the following price of underlying rises -> IV tends to decrease (thus options prices tend to decrease) but at this point what is it that moves more IV, movement of options prices...

@tommcginnis you are perfectly right and I believe that in the article "sold" really means "greater selling volume vs buying volume" "purchase" means "greater buying volume vs selling volume"