The following is my trading background. I have traded for the last three years, but have only been consistent since the start of 2011. My work schedule allow me to trade (almost) full time; I trade the morning session one week and full days the next, which means I will post more on my full days.
My trading style evolves around finding stock that are in play on any particular day and catching the trend. I prefer staying in a trade for as long as possible, but if need be, I will scale out. Occasionally I will scalp, but I prefer not to do this, as many at times I get into scalping mode for days and tend to miss the big moves. I do not hold any stock overnight.
In early 2011, NoDoji (whom most of you know in one way or another), had strongly recommended Al Brook's book to me. It is now that I have gotten to it and have discovered that it is not the most graceful of reads for myself and many others. However, it demonstrates a very simple price action trading model, which reflects my style. This is a unique book and a brilliant one in that.
Even though I have learnt how to trade consistently in the green, on a daily basis, I still have a lot more to learn to get better. My intention for this thread is to transfer my interpretations and questions I have from the reading of: Reading Price Charts Bar By Bar.
I hope this helps in making everyone a better trader.
Thanks,
SM
My trading style evolves around finding stock that are in play on any particular day and catching the trend. I prefer staying in a trade for as long as possible, but if need be, I will scale out. Occasionally I will scalp, but I prefer not to do this, as many at times I get into scalping mode for days and tend to miss the big moves. I do not hold any stock overnight.
In early 2011, NoDoji (whom most of you know in one way or another), had strongly recommended Al Brook's book to me. It is now that I have gotten to it and have discovered that it is not the most graceful of reads for myself and many others. However, it demonstrates a very simple price action trading model, which reflects my style. This is a unique book and a brilliant one in that.
Even though I have learnt how to trade consistently in the green, on a daily basis, I still have a lot more to learn to get better. My intention for this thread is to transfer my interpretations and questions I have from the reading of: Reading Price Charts Bar By Bar.
I hope this helps in making everyone a better trader.
Thanks,
SM
