Let's say you expect a stock, that trades at 50, to reach 55 within a week. You buy the stock and put a stop at 48. The stock touches 55 after 3...
I agree ! I would add that you cannot change your profit factor by playing with R:R ratios :) If the price goes from 'x' to 'y' for a period of...
Thanks ChartingMarkets, I appreciate your answer :) In one post you managed to touch on so many different aspects of trading! What's more...
Cheers :) Why do you believe that you can be consistently profitable in your trading (I assume you have been profitable so far)? What gives...
OK, I got it, I will not expect anything, I'll just let it happen and react accordingly AFTER it has happened... I hope that's what you meant....
Why would you sell into premarket (given the information you had when you posted the comment)?
I agree that there is no value in speculating how will 2004 look like, based on the history. I gave 1976 as an example of a trendless year (for...
What IF 2004 looked like 1976... I am not saying that it will but still after such a nice trending 2003, one can expect a little "rinse job" from...
...is not good for a trader's state of mind... Forget about it!
Look at the attachment... Does it look like now? You can always check the "hard right edge" :cool:
For me too :D I don't believe in spaghetti either :p What I mean under information is not derivative information like technical indicators......
This is your cat !!! I can't imagine what you would do to other DAX traders :p As far as trading is concerned I believe that complexity is the...
indahook and Scientist - if you guys are so creative in your trading as in your galactic market place analogies, I am ready to give you all my...
Can anyone recognize the chart I've attached here :D C'mon, it's easy :cool:
You don't make money in the market because it is a bull or bear market. You make money because you adapt to change faster than the rest of the...
I agree completely. It doesn't matter if you buy/sell strength or weakness. You are always trading probabilities. It is your skills, knowledge and...
Because it doesn't really matter what is going to happen in this one particular trade (the outcome of every single trade is determined by luck),...
OK, I'd like to thank nononsense and the Scientist for their advice. But I expected some real feedback from guys like you (I've read many of your...
Easy money is when there is a good trend without any major corrections (in hindsight, of course). I don't have any more fundamental information...
I smell easy money around the corner... Anyone else with such feeling?
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