Let's talk about eliminating noise in the charts

[zdreg]

Day traders trade noise, no matter what they say to the contrary.

 

[persistence]

Trend is your friend.

I only trade trends and I've made a lot of money. You may ask how to detect them, it's the secret, isn't it?

 

[traider]

Trend is your friend.

Until it bends

 

[nooby_mcnoob]

Day traders trade noise, no matter what they say to the contrary.

very true.

 

[zdreg]

very true.

and pray. Whoever said that prayer is dead in America was wrong.

 

[nooby_mcnoob]

and pray. Whoever said that prayer is dead in America was wrong.

lol, prayer and luck... powell gave me a nice boost today.

 

[SunTrader]

Trend is your friend.

I only trade trends and I've made a lot of money. You may ask how to detect them, it's the secret, isn't it?

Detecting trends eazy peazy, starts and endings not so much.

 

[Mercor]

Hindsight makes us all good traders...that is the real noise

 

[smallfil]

What you call noise are minor reactions. Most stockcharts would have minor reactions. As long as the trend is intact, it does not matter in the greater scheme of things. The major trend will re-assert itself at some point.

 

[Peter8519]

Stan Weinstein's 4 stages analysis.

Look at GE chart from 2010 to 2020. Not an exact match but one can tell all the stages. In stock charting, it's just a rough science.