Can you make sense of these technicals?

Discussion in 'Technical Analysis' started by farmerjohn1324, Feb 7, 2020.

  1. padutrader

    padutrader

    perfection is extremely difficult in trading.

    because no one can sell the high or buy the low.

    but you not need to;as the saying goes, more like truism: good fill, bad trade .Bad Fill , good trade.

    so anytime you are celebrating because of the fantastic deal you just made....remember a fair transaction is one in which both parties are unhappy
     
    #101     Feb 10, 2020
  2. padutrader

    padutrader

    the most difficult thing is trading is to know whether the corrective move is really a corrective or is actually distribution...…the two look identical and is the reason most technical books will say that breakouts from consolidations can happen in any direction

    once you understand the difference trading becomes easy and risk free
     
    #102     Feb 10, 2020
  3. %%
    LOL as far as TSLA junk or junk silver; hard to say which is more junk[with all due respect]. Sorry LOL,,i cant really keep up with bitcon. Like the lady Mish M said, in Technical Analysis of Stocks & Co=cant trade everything LOL....................................................
     
    #103     Feb 12, 2020
  4. padutrader

    padutrader

    but it is only coin

    not even note
     
    #104     Feb 12, 2020
    murray t turtle likes this.
  5. padutrader

    padutrader

    what I am trying to say is that even with 5M I get pennies if I trade with a precision of a eye surgeon.
    with 1 M you need higher precision than that
     
    #105     Feb 12, 2020
  6. %% LOL;
    spelled bit con wrong=its con not coin.AS far as ETN, or ETFs , just dont wait till the ETN/note is due, may get slapped with a late fee or something like that...............................................................................................NOT a predcition + no spell checker used
     
    #106     Feb 12, 2020
  7. speedo

    speedo

    Not saying TSLA is junk, appears to be a solid product from an innovative company. I am just remembering the cries of 20 years ago..."this time it's different" with respect to valuations. BTW, I have not examined their financials or paid much attention to Musk so am not qualified to offer an opinion as to their valuation.
     
    #107     Feb 12, 2020
    murray t turtle likes this.
  8. padutrader

    padutrader

    well we all know markets go up and down in any time frame.

    that will not change.
     
    #108     Feb 12, 2020
  9. %%
    WELL ok;
    + i dont mean TSLA= junk, in an insulting way=i like junk silver.With the huge bid/ask on new cars, i never shed a tear over GM going bankrupt, or all the other USA auto Co that went belly up. I was saddened some to see DAL + AMR go belly up bankrupt=they had good customer service. QQQ + SPY/UPRO look long + strong.He owes the shorts , for $40,000,000 SEC fine.:caution::caution:,:caution::caution::caution::caution::caution::caution::caution::caution::caution::caution::caution:
     
    #109     Feb 12, 2020
    speedo likes this.
  10. SunTrader

    SunTrader

    Price = Valuation.
     
    #110     Feb 12, 2020
    murray t turtle likes this.