And the karmic affect of your disbelief is you've become your beliefs.
Is it really possible to take all the information you need about a stock from charts?
- Thread starter Lloyd W. Coutee
- Start date
And the karmic affect of your disbelief is you've become your beliefs.
Trading takes a great deal of mental fortitude
Regardless what one uses / where one chooses - to get their approach / methodology - it never gets "super easily profitable"
That was my point
No disrespect intended
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Fact - more ways to trade successfully than I can count
RN
I don't know what "technicians" (meaning "all", and not including all who claim to be technicians) believe. However, one of the ways to succeed is to trade "price chart correlations". You don't need any info beyond the price chart*... not even volume.
*more information actually hinders success
Of course not. Its a ridiculous premise propagated by those who want to sell you or increase the frequency of your trading. In other words, your enemies in the market.
Yes, thats very true. Remember red light greenlight wizetrade software? Thats pure objective price action TA in action. Does it work? No.
It only works in the fantasy land of elite traders for whom its some kind of weird religion.
surf
Day traders are always the best customers to brokers firm and buckets shops. This is really a sad story in the modern gambling industries.
And the other side is you become a deluded fanatic.
Got to pay to play, it is quite scarey when I work out the spread and Comm's cost, which I try not to very often.
APPROX very very, 20trades last week, average $25 spread / comm's per trade I guess, DAX is $10 approx, GA/EA nearer $30, so that's $500 of costs ecccckkkksss!!
Still up approx 2K ( very good week ), so all is good, but yeah $500 gone, broker made $300-$400 I guess ??
Most weeks I pretty much just pay the broker, but getting there.