If you want to fail as a trader, study TA

Discussion in 'Psychology' started by The Expert, Apr 27, 2010.

Thread Status:
Not open for further replies.
  1. I vote green.
     
    #901     Jun 10, 2010
  2. LMAO - you certainly have a way of phrasing a question.

    2 - I'd hold for a while - sometimes stocks stop and then just carry on their merry way. Of course, I have done no research on how often they continue vs reverse. Normally, in a reversal early on in the day at least, stocks don't just stop ticking down, the reaction is usually a tad more violent. I guess it also depends on the stock - I don't tend to watch the ones that are ultra-high volume. I go for the medium ones.

    3 - Add some, the stock is weaker than the market. Of course, the best time to add would be when the market ticks back down, yout stock being weaker may well benefit from the turn down.

    As for 4 - if everything stops, I tend to think a blue screen is on the way. So it always helps to band the screen.
     
    #902     Jun 10, 2010
  3. You may well have the chart is question:D , but, you must explain why you think the next bar will be red, and, why you think it will not be green.
     
    #903     Jun 11, 2010
  4. Why:confused:

    [​IMG]

    Always think before you act.

    TE
     
    #904     Jun 11, 2010
  5. Hmmm, a dreadful specimen, but as you have asked, I will say greyish and then whitish:D

    TE
     
    #905     Jun 11, 2010
  6. deaddog

    deaddog

     
    #906     Jun 11, 2010
  7. I'm lost. You asked about the next bar. If that's the sequence after the one you posted, it starts with three greenies, so what's the problem???
    If the sequence is in there somewhere, please point it out because I can't find it.
     
    #907     Jun 11, 2010
  8. Auriol

    Auriol

    trefoil have a look at the support line just above your words 'with three greenies' :)
     
    #908     Jun 11, 2010
  9. Aha! Got it. Thanks.

    So, TE, are you asking facetiously or seriously? The why, that is?
     
    #909     Jun 11, 2010
  10. IchibomB

    IchibomB

    Ha! right on bud. Hope you have a good weekend, sir.
     
    #910     Jun 11, 2010
Thread Status:
Not open for further replies.