Day trading live online

[Mercor]

Trading is easy like the way Tiger Woods make golf look easy
Still other golfers make money

 

[tradeking007yahoo]

i will trade online how do i do this?
or where can i post a video o rhow this site would be way better if we could post 1 minute videos

 

[padutrader]

I will never say trading is easy. It can be simple, but easy is the wrong word for it. It can be effortless, when you are experienced and know what you are doing, but getting there does take some commitment to see it through.

you can make it complicated or simple and easy

i have traded elliot wave for 5 years ,price action for 10.....but after everything i returned to the most basic of them all.

double top and double bottom .......yellow line is a double top and white line is confirmation of the double top and entry. this one thing is enough to make you profitable.
https://www.tradingview.com/x/pAkxRxrm/

this is a double top that failed, marked with blue arrow see chart link :

https://www.tradingview.com/x/CYD7ArsR/

..it failed because the second leg of the DT was too strong.....but even if that was not noticed, if after the stop was hit, the trade was reversed, the loss would have been made up.

in this chart yellow line is the DT or DB and white line is confirmation of the DT and entry.. stop is above the yellow line

it may also be seen that if the DT,...DB is 'bigger'...the resulting move is larger

this IS simple easy.......

there will be losses ,yes!

but you will have the edge



this the road i feel every trader should travel on.....

you can make living just doing this very simple easy thing. no recession or virus will affect your income

 

[padutrader]

but getting there does take some commitment to see it through.

yes
and belief

and proper guidance on which road to travel on: everyone i came across in my 30 years has made it very complicated.

i read my first technical analysis book in 1994.....i may have read a 100 since then or more

i finally went back to something that traders first used 100 hears ago ...double top, double bottom.

higher low ,lower high, .......these two are variations of the DB,DT.

these work and more importantly it is very very clear when they fail, so your stop placement is very clear and not subjective.so no self doubt and self doubt is the killer of any trader.

this also stops you from over trading another killer of the trader

 

[KCalhoun]

Interesting.... I too use DB DT often..... I found best long entry setups are when 2nd bottom in W is slightly higher than first, ascending DB pattern.

 

[cortney302]

I haven’t seen any video by him, might go and check it out now. Thanks for sharing this here.