easiest money in my life

[padutrader]

as in the chart below. once i got two points -you can choose any two points-i drew a trend line extended it.
i then saw that the market was forming an expanding triangle.

 

[padutrader]

you can do anything and everything with trend lines.

see chart below

understand that market get attracted to trend lines.

 

[padutrader]

trends are easy to recognise but ranges are not because of the many different types of ranges.

expanding and contracting triangles, horizontal ranges, channels to name a few

 

[semperfrosty]

Good Evening semperfrosty,

I am not reading not damn trading book man. Fuck that Market Wizards book any other book on trading. If it was that simple to just read Market Wizards trading books, why isn't everyone who read Market Wizards book a rich trader?

Anyone who writes a trading book is a Liar and Scammer, that is why they wrote the trading book teaching you how to trade to scam you cause they can not trade. You getting pimped out and you getting WRONG information and wasting your time reading from someone who not showing you EXACTLY how to put money in your pocket. They stealing your money and your time. You become the sucker.

Reading trading books is stupid and complete waste of time. IMO and for me. I never read a trading book and never ever will. Never. If it was that simple to read trading books everybody be rich trader, right?

You guys really be tripping me out. You REALLY think reading trading books going to help you. Man, them books wasting your precious time reading from a bunch a failed traders and Scammers.

Why read trading books, when I can read charts/price?

Full Disclaimer : I am currently a Losing Trader so far of about -$900 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now.

Yes,I read books.

Improving my knowledge improved my profitability...

Re Market Wizards,there is a trader interviewed who turned $10,000 into $80,000,000.He outlines how he did it...but you wouldn't be interested in that sort of thing would you?

 

[semperfrosty]

This is like telling a soldier (new recruit) who is about to be sent to the frontline:

"Ya don't need no training! Those boot camps are joke! They don't teach you anything. The beauty of war is that you have these guns, so just shoot the damn guns. Do not make your life so complicated, man! No need for stupid ass drill seargents!"

Agree...and to expand on your point:

Don't bother aiming!!! Don't spend any time practicing!!! Just point and shoot in the air!!! That's how people become expert marksmen!!

 

[padutrader]

long aussie usd at .66510

 

[padutrader]

Agree...and to expand on your point:

Don't bother aiming!!! Don't spend any time practicing!!! Just point and shoot in the air!!! That's how people become expert marksmen!!

nice ...point
good reply to an idiot

 

[padutrader]

long aussie usd at .66510View attachment 328815

exited

 

[schizo]

you can do anything and everything with trend lines.

Now you're being totally facetious.

Do you remember when I said trendline must be taken under "context"? You can't (or you shouldn't) just draw a trendline anywhere. Best scenario is to consider a trendline with other trendlines, for example, the previous trendline. Then perhaps ask what it's relationship is in terms of momentum.

 

[padutrader]

Now you're being totally facetious.

Do you remember when I said trendline must be taken under "context"? You can't (or you shouldn't) just draw a trendline anywhere. Best scenario is to consider a trendline with other trendlines, for example, the previous trendline. Then perhaps ask what it's relationship is in terms of momentum.

i am just teaching how trend lines work.

that is not the end of technical analysis.

it is the start.