How can I find trades that if I enter I wont loose money that just steadily go up or down without going up or down to quickly?
Continuous pattern up and down
- Thread starter Lord Darkseid
- Start date
DarkLord, there is no such thing.
For a trader to earn $$$$, the trader must
aim for ~ 40% success rate, not 100% success rate.
Only archers aim for a 100% success rate.
For example what settings on Finviz would I find like what Tesla did today?
Stay in trading decades, work insane hours to gain
knowledge, you might be able to develop very high winning percentage systems, but no one will offer any tidbit how it is based. And very often, they are based on concepts you lack knowledge to understand.
Most traders get trading wrong, I don't work at making profits, I work hard getting risk as insanely low as I can.
Many don't go beyond chart patterns to develope new patterns.
knowledge, you might be able to develop very high winning percentage systems, but no one will offer any tidbit how it is based. And very often, they are based on concepts you lack knowledge to understand.
Most traders get trading wrong, I don't work at making profits, I work hard getting risk as insanely low as I can.
Many don't go beyond chart patterns to develope new patterns.
why develop new pattern when you can trade patterns where mostly everyone is trading: double tops, triple tops, double bottoms, cup and handle, head and shoulder, support and resistance, and my personal favorite the letter v.
Last edited:
Where can I find those patterns?
I'm more interested in the stocks that just stay red or green moving steadily up or down that's where you can make big money with not a lot of spikes up or down.
Last year you could just swing trade QQQ and in like 3-4 trading days you would look up and it would easily move $10 in both directions. The down moves would reset to trendlines, and the up moves would drop to test support. This year everything is ruined by V's and chop. Despite my posts, I would give anything to see the market to return to even 25% of what it did in 2022. I'm happy for those that are making money, but this is completely depressing.