i have learnt to read bars a lot better now after seeing Wade's video and his explanations. i have also learnt that traders pounce on the slightest bit of weakness, which the trend displays, ruthlessly: I never could read these signs of weakness very well. This gets me earlier into counter trend positions which, while being extremely dangerous, is also extremely lucrative, if you read the signs correctly, since everyone is readjusting to the change in market conditions. And most importantly i am able to recognize the leg in a TR, which stops me from going with the trend and fading the move. This has stopped most of my disasters and the profit busters.
trade small use wide stops or no stops at all know the market cycle you will never lose money. you will not make a lot of money or earn a living but you will learn how to do both of that if you have patience, and are persistent.
finally, thanks to Wolf and a few others i am getting what Brooks has been saying and it is really profound and so not easy to understand. markets cannot be predicted, and so people think it is random, but Brooks shows it can be read and so can be traded PROFITABLY.
Fucking idiot. You are saying that now we are in a new (or continued) bull market. Everyone is a genius in these. Using no stops can be dangerous. Let your readers know that!
Have thought about being nice for once? Just once! Try it. Turn that Frown upside down and say, "Padu, I don't mean to be rude but I disagree with you about ..."
what is a good trader? it is not one who makes a lot of money-quantity does not matter- but one, who does not give up what he wins. after 20 years i am slowly getting there.