totally dicretionary,...you need to learn to chart and watch it react at s/r and in between ,then look for the why's,if you dismantled a little briggs and straton engine by hand and then tried to reassemble,finding you could not,you look in the manual,you would have a much better idea of what the manual was talking about,or in your case an hvac unitQuote from sneakoner:
hey ammo,
i haven't done it yet but its definitely on my to-do list. i've been getting a ton of recommendations in many different directions about how to proceed including designing, developing, optimizing and backtesting different trading strategies. people have also recommended different books, websites, training videos, etc.
right now i've been reading through alot of acrary's old threads and posts and learning his methods. also on my list is to read:
http://www.amazon.com/Reading-Price-Charts-Bar-Technical/dp/0470443952
and
http://www.amazon.com/New-Trading-S...=sr_1_1?s=books&ie=UTF8&qid=1307304154&sr=1-1
ammo - i don't know if asked you this but are you purely a discretionary trader, one that monitors the charts and enters and exits by hand. or do you incorporate mechanical trading systems & algorithms to automate your trades?
Quote from ammo:
totally dicretionary,...you need to learn to chart and watch it react at s/r and in between ,then look for the why's,if you dismantled a little briggs and straton engine by hand and then tried to reassemble,finding you could not,you look in the manual,you would have a much better idea of what the manual was talking about,or in your case an hvac unit
Quote from ucf_student:
Engineers are often poor traders. Why? They want to measure and understand everything in precise terms.
Quote from nukethewhales31:
your passionate about placing orders when squiggly lines cross other squiggly lines? thats the career you have passion for?
Quote from uesr33:
It's tough for people who are beginners who need the valuable information on learning in trading: you can't trust anyone, from my experience, of all the hundreds of books I studied, courses I took, seminars I attended, webinars I watched, and people I talked to, only two persons turned out to be helpful, to me, everything else are from garbage to out-right lies. Whom do you trust?
In a sense, ET is the worst place to ask for advice: ET has hundreds of thousands of registered users, you could get thousand answers from thousand people, each believes they have the answer, these are not the people who want to mislead you or lie to you, but you will also get the human scums who will prey on you and lie to you in order to get the money from your pockets.
It usually take years before one finally stumbled into an answer that is applicable to his/her circumstance, but often he/she had already been so badly damaged by the negative experience/conditioning that he/she would not be able to get ride of the negative believes and conditionings.
Obviously you cannot trust anything I wrote here, even if I said I have the answers and I am a consistently profitable trader, you have no way of knowing if I am telling the truth.
I hope you can get a hint from this, and THINK on your own! consider every answer you get here as a LIE! until you can prove it otherwise.
Quote from LEAPup:
My Dad and Sister are BOTH Chemical Engineers. The most anal retentive, hard to teach people I have ever met. When I meet someone who says, "I'm an engineer," I run away like my arse is on fire.
One thing ET members need to know is the difference between God and an engineer is God doesn't think he's an engineer...