And FB shoots off to the moon - who da thunk it AH..., post earnings -> reached a hi of 107 and change..., currently resting at 105 and change (I'll post a chart at this at the end) =============================== Think I've run my course with this thread First some acknowledgements To those who posted buy.., buy..., buy - for whatever reason..., or no reason at all - congrats To MarcoPolo - you're a trader - I expect nothing less ================== I've been posting charts here for most of January..., my goals Show PA could be read..., that accurate context could be created I think I've proved it can..., and I think I've done it long enough..., and with enough accuracy and consistency - that anyone would be hard pressed to call it luck Aside The more accurate you can read price - the more accurate you can create context The more accurate you can create context - the more accurately you can gauge / measure current PA Forecasting is for pundits...,idiots..., and not what TA was ever meant for Oh..., and btw - Price can be read on any TF - as clearly..., and and accurately..., as I have been doing here on the 240 ============ Patience..., Neutral-ness..., Risk management All vital to consistency and longevity in this business Think I demonstrated these ====================== TA - my definition: anything found on..., derived off- a chart PA - a subset of TA I think I've proven PA / TA works - beyond luck..., beyond any doubt..., beyond question ================== So - should you be an aspiring trader and happen upon this thread - take heart It can be done - all of it - every damn bit - so luck..., happenstance..., the not knowing..., no longer factor in btw - not knowing is a damn sight different than uncertainty - uncertainty is our one fact of life (get comfortable..., learn to thrive with it..., and in it) But not knowing (what the hell am I doing.., and why..., and when..., and for how long..., and in which direction) can certainly be eliminated Don't get discouraged..., don't allow the naysayers to dissuade..., rattle..., or derail you It ain't that hard..., it ain't that complicated...., and it damn sure ain't rocket science - I'm a simpleminded..., dumbass redneck after all..., I get it You certainly can too Keep your head down.., and keep chipin away - I won't lie - it does take commitment..., and it does take work (new language to learn..., new skills to develop..., new way of thinking & acting to assimilate) But anything worth having..., is worth working for - and it makes it all that much more special when you get there ================================ Okay the chart of the AH earnings Yellow circle - hi of the after hrs move Red / green arrows - where price sits now (almost smack dab in the middle of that range (big rectangle) made oh so many day ago) Ain't TA / PA a hoot Trade well All - win.., lose.., or draw Always keep the losers small We all have em - please know..., losing trades are just as much a part of successful and consistent trading..., as are the trades the work Manage each - its all good ====================== LWC Tag.., you're it Sir.., carry on RN
Look, today FB is moving so impressive! We will definitely see new highs. Expect crazy increase next week.
Thanks for all your insights that you shared in this thread. I don't spend a lot of time here at ET, but whenever I see your posts... I try to pay attention. -Al --------------------------------------------------------------------- "Trading is about discipline...., patience..., repetitiveness..., with no opinion..., and one's ego set aside." -Redneck
yea, RN is what brought me here to the ET in the first place. And yes, I do thank you for all the time you take from your day to day to spend here sharing with us. and I did heed your aside warning as I always do