If you want to fail as a trader, study TA

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Quote from macattack:

I think I may have noticed today what you're talking about regarding the "idiots and fools". I'm looking at charts & information in a totally different way now.

I'd appreciate any information you can send me. You'd be amazed how much time & effort I've put into this with very bad results. It's actually embarrassing........................especially when I see some of the idiots that post in these threads. You'd think I'd at least be able to take their money !

I don't get how one can look at a chart in a totally different way.. a chart is a chart to me. Sure you can apply different techniques but I don't get the "different way" part.
 
Just because you have not learned to read a chart does not mean anything to me, quit trolling dude.
I have made $$ with fundamentals with long holds such as AAPL from $37 PCLN from $15 NFLX from $9.50 and the list goes on & on
But I have made a great deal by simply learning how to read charts & write charting programs that work exceptionally well on the futures ES_F/ CL_F /TF_F/ GC_F/ YM_F as well as stocks on both an intraday basis and a swing basis
 
Quote from HiF trader:

Hey Expert

I would step on a throat of Jack Hershey and sleep like a baby.

You Expert

I would bite your cheek and tear out a piece of your face

Pray to god a man like you doesn't come across a man like me in the real world.


you evil piece of shit



maybe TZ is right, maybe I have few issues, but how can you not with people like The Expert running around.

Making it as a trader alone is extremely difficult, people like OP are sons of bitches that make it even harder

I am not perfect, but I don't kick a man when he is down. Only the true sons of bitches enjoy that.

Try to find the fun in things.. you can make this thread fun if you want to.
 
The most ridiculous thread I've ever seen, though I honestly don't read many. "The Expert"? Are you kidding me? And who the hell refers to themselves in the third person except high school drop outs? Good for a laugh though...
 
Quote from The Expert:

1. The longer you stay in the market, the longer your money is at risk

2. A pre-req to making GOOD money is backing the RIGHT horse

3. Profits are not REAL profits until they are CAB - Cash At Bank

4. The best method by far is the B&E method

TE

yeah, yeah TE, brain & eyes, please try and avoid being too cryptic, it does tend to wind people up.

Here's another "thing:" analysis vs. Execution

ps. Just ignore the divs forever trying to provoke an emotional response.
 
Quote from The Expert:

To make GOOD money trading, what do YOU think we should be looking for, and why?

TE

TE, in my experience (I day trade stocks only from the long side), it's the strength against the market (I use ES as a gauge) that matters the most. In my very simplistic approach, I look for stocks that have moved strongly up since open, and then after the first 5-7 minutes, pulled back a little without any sign of a massive sell-off at the last high, and then I time my entry when the ES is about to bounce.

I also ensure the chart of the stock I am about to tade looks 'tidy' and 'clean'.
 
Mr. Expert,

I wonder about the ranges. While we daytrade, why is it important to look at monthly and weekly ranges? A part of the answer i come up with is: after narrowing, comes extraction. But I still cant see the relation to the short term....

btw nice to see you and the others back in track....
 
Quote from odlareg:

Mr. Expert,

I wonder about the ranges. While we daytrade, why is it important to look at monthly and weekly ranges? A part of the answer i come up with is: after narrowing, comes extraction. But I still cant see the relation to the short term....

btw nice to see you and the others back in track....

Do you mean expansion? As in volatility contraction or expansion?

Just to clarify. :)
 
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