If you want to fail as a trader, study TA
- Thread starter The Expert
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break down through support, then retest and hold as resistance ON BIG VOLUME!!
https://mail.google.com/mail/?ui=2&...&th=128a6db55b59d640&attid=0.1&disp=inline&zw
Looking at Cable (ã$) I think today's counter trend rally is starting to look quite over extended and tired, what do you reckon folks a resumption of last weeks down trend?? (News on the Greece bail out is expected).
Looking at Cable (ã$) I think today's counter trend rally is starting to look quite over extended and tired, what do you reckon folks a resumption of last weeks down trend?? (News on the Greece bail out is expected).
Yeah TE, 1 mill, unless you're a super super star trader, can't see it mate, not in a year anyhow.
Whether that target is possible or not, I think many of us just think its impossible as its so far removed from our daily experiences, so it then does becomes impossible. We are so locked into our daily routines just to keep our heads above water, and so much time is used up just to cover the dross of daily living, that its hard to break out.
I do not know if it is possible or not. TE knows. I know what i need.
I have made far more in the past than ⬠30.000. However it felt as luck, not as something i knew what i was doing. So my account piled up. I had trouble in spending it. Of course i lost a lot after. Did not know how to make money in bear markets.
Ok TE,
I think i start to understand.
The ranges:
Preferable: stocks with high ranges. Min. 50 cts.
My question; Is a certain min. % also valid? If not, why not?
WRB NRB:
Consider only stocks with a previous day with NRB. This ameliorates the odds. True?
The lines:
Draw lines which connect as much supply/demandpoints as possible.
True?
The Generals:
They do not act as daytraders. They buy large quantities, preferably without disturbing the markets. When they stop buying, demand slides. This causes amateurs to sell. However they do not want to
let the slide too much. It is in their favoour to buy a bit cheaper, but not to reverse trend, as they are loaded with stocks already. True?
I think i start to understand.
The ranges:
Preferable: stocks with high ranges. Min. 50 cts.
My question; Is a certain min. % also valid? If not, why not?
WRB NRB:
Consider only stocks with a previous day with NRB. This ameliorates the odds. True?
The lines:
Draw lines which connect as much supply/demandpoints as possible.
True?
The Generals:
They do not act as daytraders. They buy large quantities, preferably without disturbing the markets. When they stop buying, demand slides. This causes amateurs to sell. However they do not want to
let the slide too much. It is in their favoour to buy a bit cheaper, but not to reverse trend, as they are loaded with stocks already. True?
HOGWASH!
I'm surprised at the length and persistence of this thread. It's like saying, "Hey, Obama is eligible to be prez.. regardless of the obfuscation of and refusal of his presenting supporting documents... you're a dumbass if you don't just accept this"...
TA often doesn't appear to work only for those who don't know how to properly use the tools.
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