Keepin' It Simple: Supply and Demand, Volume, and Price Action

Well a couple breakevens, a couple profitables, and a couple missed opportunities this week. One things for sure, this markets a crazy beast. Hopefully I can get some more video time in next week. Keep checking back. Have a good weekend and Happy Easter.
 
Well been gone for 5 days losing my earnings in Las Vegas. Actually came out only down a few hundred. Can't complain. Probably going to take tomorrow off and get back to it on monday. Take care guys.
 
learn to play poker. the same money management can be used. The skills you have learned in trading should be forwarded to texas holdem. So that you can profit by day playing the market, then profit at night in casino. win win.. Or if you lose trading for the day you make it back in poker.. or vise versa.....

TT
 
Quote from trading_time:

learn to play poker. the same money management can be used. The skills you have learned in trading should be forwarded to texas holdem. So that you can profit by day playing the market, then profit at night in casino. win win.. Or if you lose trading for the day you make it back in poker.. or vise versa.....

TT
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Haha. Yeah to be honest I don't have the slightest clue how to be consistent with hold em. It would've been useful the past few days tho!

Man I'm still recovering...
 
I promised you guys some more videos so here you go...

Not a very good day today although it's not over yet. First trade was an attempt at a quick short scalp off HOD. This thing is an uptrending beast so my intentions were to get in and get out. Second trade was reversing my position to the long side as price was showing overall bullish divergence and had not followed through with the short position. After she began to move sideways I felt I no longer had an edge in this trade and decided it be best to exit at breakeven.

Can't complain about a 2 tick loss and a breakeven. Continuing to take these low risk trades will pay off eventually.

http://www.youtube.com/watch?v=FYFWthkfumE
 
Quote from pmccandless:

Oops. Here's the edited one with zoom and pans.

http://www.youtube.com/watch?v=jFsXmrIwjw0
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Don't take this the wrong way, just friendly advice: you should just focus on your trading instead of making all these narcisistic vids. They will only put greater pressure on you and eventually fuck up the potential chance of success that you've already demonstrated.
 
Quote from cap'ncod:

Don't take this the wrong way, just friendly advice: you should just focus on your trading instead of making all these narcisistic vids. They will only put greater pressure on you and eventually fuck up the potential chance of success that you've already demonstrated.
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I appreciate the input. Just trying to display to some of those who are new to trading how simple it can be kept. I wish I had someone who gave it to me straight when I first started out. Yeah they can be time consuming sometimes, but its a great way of keeping a trading journal so I can review at the end of each month.

Take care.
 
If there was no volume in the title of this thread, and supply/demand too as it's just a synonym of price action, it would be golden.

Price action rules. You just have to find the right way to display it.
 
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