“I never overrode the model. Once I settled on what should happen, I held tight until it did.” -Jim Simons See between 49:00 and 50:00
It is important for a trader to be aware of the technical signals and trends in the time frames they are trading.
Ready? the secret is. It was created by brokerages and prop firms to earn commision. Very few traders win at this game. And the winners will eventually lose...
it is day trader interviews where the day traders are supposedly giving away their secrets. It is almost 20 years old, from the days of the dot com bubble, so mostly out of date. Although some of the traders did trade Amazon back then as well. Back in those days you could look at the Level 2 quote screen, and when the market makers were obviously bidding up a stock you could front run them and ride the move for a fast profit.
Please read this, what do you think? http://www.cfdandforextrading.com/profitability-day-trading-taiwanese-stock-market/