Indicators levels, price actions, patterns, etc are SUBJECTIVE. Swing trading is SUBJECTIVE. Intraday trading is OBJECTIVE.
Between market opening and closing traders decide the price. Between two trading days market decides the price. Thus INTRADAY is relatively OBJECTIVE and SWING TRADING is relatively SUBJECTIVE.
Your lips say "I trade with the trend" but you won't train your eyes to see the trend on chart. I am talking about VISUAL THINKING!
Thanks. I enjoy what I do. What I do is constant learning. I am not something. I am something more, always! Will you call someone as a professional who stopped learning or forget the fundamentals?
For example will you rely on a doctor or surgeon who stopped practicing medicine? Practicing medicine means being up-to-date. That applies to any profession, including stock trading.
This is a stupid thread. Fundamental market events are things like earnings, corporate actions, interest decisions, etc. These are things on a schedule that give the market new information about the future. They’re also the events that almost every hedge fund and money manager is paying attention to. Nothing you described relates to that. You’re confusing yourself and the people reading this thread.
Stock trading market is different from conventional market. Stock traders form this unconventional market who undergo the following process 1. Digest the conventional market events 2. Negotiate stock prices among themselves Gap-ups and gap-downs between two trading days are caused by shift in perception of stock traders by the news updates. Whereas intraday chart is continuous because there is no sudden shift in traders perception. This thread boldly calls the happenings within the intraday or in other words the unconventional market as market EVENTS to remind traders that that is where their focus and expertise needs to be. And the best way to study the intraday chart is by studying plain intraday chart.