%% Good points; for those that love reading + discretion= wisdom is profitable to direct.Maga zines may help, especially if one like pictures.
12 works especially well with NQ - and multiples thereof; 36/72/144/360 Today for instance, Open 13184.00, High 13298.75, difference 114.75 points, which on a square of 36 grid is 270°
Good post. I think reap what you sow is a fairly well accepted truism. Aha moments are an exciting part of trading/investing.
If you are patient enough, there will be opportunities to make a lot of monies. Just do not think short term, think longer term. Take the 2008 mortgage meltdown where the banks took a hit. BAC went as low as $5 a share and C went as low as $0.99 per share. No, I did not get in, I already had positions on other stocks. A couple of nurses though, where my doctor friend worked, used their salaries (for 3 months) to buy BAC stock at $5. They were the smart ones, who made out like bandits.
I reckon there are no completely efficient way of trading, otherwise all traders would be billionaires. Surely, there are strategies that work personally for you and they suit current situation on the market, that's why you can operate them. It doesn't mean that you found an efficient way. You should bear in mind that the market rapidly changes, and the one strategy can't serve you eternally. That's why traders tend to change them, renovate and rework. It's the only way out... Almost the one. Don't believe in fairy tales about easy money, it's just a fiction.
The one that suits you! Your mind, your balance, your personality, your risk management, and things like that! You can't copy others, even the most successful ones! So I am not going to ask you about your system
it is vary depending on trading style and individual preferences. day trading is a good choice for thinking.
Wow, 23 years of experience, really? You are prolly a robot... I've got acquainted with the method you are describing and should say that it sounds kinda sophisticated. For me the most efficient way of trading is to remain patient, calm and always appeal to logic. Not to indicators, patterns and other stuff, to logic. Trading is well-known for regularities, so taking into account worldwide events we can make an analysis.