If you want to fail as a trader, study TA

Status
Not open for further replies.
You want to tell me what those lines are on all your charts?
I think it would do you some good to share that info. :)

By the way how did you turn the corner and become a good trader? (If you are that is; I have no idea; I don't know you).

I feel like if someone who was a good trader showed me for 15 minutes what they do the light bulb would click on in my head and I would finally get it. How did you finally get it?


Actually.......the lines on the 2nd chart look pretty straightforward, but on some of your charts I can't correlate the lines to anything.
 
going back to the last point re: making money i.e. placing bet at the right time, so to do this we need to be prepared .... and to be prepared in the context of this chart we need to look out for what ?

a short sell due to breakout at 1.23 with possible exit at 1.18?


Quote from The Expert:

ALWAYS be prepared.


TE
More...
 
Quote from The Expert:

OK then..

We lose money by placing a bet at THE WRONG TIME

We make money by placing a bet at THE RIGHT TIME

2 WRONGS NEVER MAKE A RIGHT:D

2 RIGHTS NEVER MAKE A WRONG:cool:

SO..

TIME = MONEY = TIME

That said, what is the MOST IMPORTANT thing to make GOOD money trading?

Good Night:D

TE
More...

The entry is the most important thing.
 
Quote from gktk:

going back to the last point re: making money i.e. placing bet at the right time, so to do this we need to be prepared .... and to be prepared in the context of this chart we need to look out for what ?

a short sell due to breakout at 1.23 with possible exit at 1.18?
More...

GK, you know I never try and predict what MIGHT happen, but, I do look to see what others are looking at:D

Personally, I would be LOOKING for LONGS next week, but, if LONGS do not happen, then, I am quite happy to LOOK for shorts:cool:

But, not to let the "I said so" er's down:D there is a possibility of a further push down, doh:D , but as a Gambler, I would prefer be looking for LONGS in the very near future, as, the odds are starting to favor same, but, as mentioned, I really do not care, for, a daytrader must trade the market for what it is ACTUALLY doing, not what it might do, but, I am prepared if the spike up happens, which is very likely at this point in TIME:cool:

TE
 
Quote from macattack:

The entry is the most important thing.
More...

MK, I thought you were going to bed:D

OF COURSE the entry is the most important thing, but, what is even more important?

TE
 
Quote from DionysusToast:

Yeah - getting worse - I'm off for a few days to somewhere quieter...
More...

Hi DT, I saw those idiots shooting at everyone on the TV:eek:

Looks like a bad place to be, and maybe you should get the hell out of there?

TE
 
Status
Not open for further replies.
Back
Top