A nice quiet break below 24 ought to do the trick for you and bring it to the high teens, if it bounces/consolidates sideways next week I might be...
Are you looking to short rising wedges and buy falling ones as the TA textbooks say? Or are you looking to short breakouts after a rising wedge...
Tongue-and-cheek-tone aside as I attempt to exorcise my demons, I honestly find the Schwager books to be among the best in the subject and the...
So what did a few profitable days prove? Not much in the grand scheme of things (and even less considering the day I stopped looking for a bottom...
Hope this makes some sense. . .
Not sure what your targets are for profit-taking, but hopefully they are much larger than your stops; selling LOD's will result in many stop-outs,...
I think I learned a bit about myself and my trading by just writing it down, so I'm back and hoping I'll be able to learn some more (and perhaps...
You can make a good living eating the puke off the floor from your brother scalpers; just wait till you see the rain of vomit and run over with...
I find the BBH's are best used in swing trading the biotechs (at times they will trade apart from the nasdaq and will make nice hedges if you are...
Jesus is the root of all good threads going down the crapper. . . :D
If you're daytrading, I think the most important rule other than cutting your losses is taking your profits. A good profit that you let melt...
The vast bulk of FOREX trade goes through the interbank market; individuals basically get leftovers with either currency futures or through a...
I hope by opening orders you meant you bought the open and sat all day? Don teaches that too? :D :D :D
Nice timing, nice trade :D
With all the talk about capitulation bottom, I think we'll make bottom on the first slow grind up day (something that doesn't just look like...
Prae, I suspect that the only people who were able to hold from the sept low on through the entire week were the ones looking to get out even...
My advice is to try as soon as possible to NOT think about daily targets; get rid of the habit of needing to make some arbitrary number, those...
Don't let anyone trap you into thinking that their way of "trading" is the only way it can be done (especially if that certain person deems...
I would think both are equally difficult endeavors, just different time frames :) Re: calling bottoms; even if you bought the EXACT low tick...
What I've discovered about intraday trading (at least for me) is that execution = 80%, prognostication = 20%. Many days I will come in thinking...
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