Trading Basics

schizo

schizo

I'm in the process of cleaning out my library of dusty trading books. So I'll be outlining here some tidbits of wisdom that I find inspiring.

For instance, spotting a trend continuation early can be very lucrative. More so than spotting a reversal.

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Did you know trading is more about market rhythms, which are manifested in price swings.

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schizo said:
spotting a trend continuation early can be very lucrative
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very true
if it is a bear just look for double tops.... and trading ranges which form double tops near the top of range.
i always see them 10 hours late
the reason i did not see it in 30 years because i was looking for the 2 wave in ABC or the fourth wave complex correction or the wedge top/bottom, or the expanding triangle, or the broadening top.... you know simple stuff like that
now double bottoms and tops are invisible and no can see them.
 
schizo said:
I'm in the process of cleaning out my library of dusty trading books. So I'll be outlining here some tidbits of wisdom that I find inspiring.

For instance, spotting a trend continuation early can be very lucrative. More so than spotting a reversal.

View attachment 327612

Did you know trading is more about market rhythms, which are manifested in price swings.

View attachment 327615
More...
yikes i hope you are not copying me and trying to teach .
 
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