easiest money in my life

Discussion in 'Journals' started by padutrader, Oct 13, 2023.

  1. PadusMom

    PadusMom

    Pfizer once studied my baby Padu to see how effortlessly he fulfills the many needs of his harem. The result was the magic blue pill known has the Blue Padu in our native India. You're welcome.
     
    #381     Nov 20, 2023
  2. PadusMom

    PadusMom

    Screenshot_20231120-141216.png
    That's it for today. Padu's Dad is about give me a pearl necklace as reward for good trading. Also. Thanks to Mel Brooks for the solid market advice.
     
    #382     Nov 20, 2023
  3. destriero

    destriero


    @fibo_trader, you're a POS.
     
    #383     Nov 20, 2023
  4. SunTrader

    SunTrader

    :)
    Now that guy is a millionaire. Al is just a YouTuber pretender.
     
    #384     Nov 20, 2023
    PadusMom and p0box4 like this.
  5. padutrader

    padutrader

    i am reading Brooks first book again and it is just beautiful.

    if you follow each of his sections,for example PB,MTR etc you will never make a loss .of course some trades will fail but over all you will be profitable

    DO NOT READ HIS OTHER BOOKS.

    his videos are just too specific.

    raed his book first book
     
    #385     Nov 20, 2023
    Darc likes this.
  6. padutrader

    padutrader

    you can trade trend reversals only and make a living.

    when there is a break of a bull trend line buy for a test of the high.

    when there is a break of bear trend line sell for a test of low
     
    Last edited: Nov 20, 2023
    #386     Nov 20, 2023
    Darc likes this.
  7. padutrader

    padutrader

    i am reading Brooks first book again and it is just beautiful.

    if you follow each of his sections,for example PB,MTR etc you will never make a loss .of course some trades will fail but over all you will be profitable

    DO NOT READ HIS OTHER BOOKS.

    his videos are just too specific.

    raed his book first book
     
    #387     Nov 20, 2023
    Darc likes this.
  8. padutrader

    padutrader

    i believe everyone is good.

    but they all want to prove to themselves just how great they are

    and to put somebody down is the easiest way.

    so never take anything people do, personally.

    you will lead a happier life
     
    #388     Nov 20, 2023
    Darc likes this.
  9. padutrader

    padutrader

    after trading for so long i am again reading his book and it is becoming clear.

    also doing what he says that after the day is over go back and mark all the trades on the chart.

    i used to think this was silly and that was the point. i thought the idea is to see trades live.

    but i have started doing it and it helps
     
    #389     Nov 20, 2023
    Darc likes this.
  10. padutrader

    padutrader

    i watch the price action a little too closely and so see all the trades possible and what is worse actually take a few of them and over trade.

    this is my problem and i have now realized it .

    it is knowing too much and knowing everything that is the issue.

    knowing too much can be as deadly, or worse, than knowing little.

    if you know, only one or two setups, then you wait for those.

    if you know 30 trading opportunities then you have a problem.

    so in strong trend look for pb trades.

    in trading ranges look for trendline breaks ,tests and reversals of the move for which the trend line broke.

    ironically this is also the same as looking for reversals because , there is always a range, before a trend reverses.

    it has a strong counter trend move that breaks a trend line and then a test of the extreme of the trend and then a reversal, and this price action is a trading range price action.

    in trading price action the market breaks trend lines ,tests the extreme of the leg or swing and then reverses, but this reversal turns out to be another test.... and the whole process continues
     
    Last edited: Nov 20, 2023
    #390     Nov 20, 2023
    Darc likes this.