Yes, it does take a long long time to feel confident. One thing I would say when looking for chart patterns, change your graph to a line chart, it can make the pattern more visible, then go back to your candlesticks/bars and your brain knows what to look for in the future.....
LOL You mean a Cup an Saucer! Pattern recognition is the easiest method to trade with it just takes a little practice and the RIGHT guidelines. There are several EXCELLENT books out there on it and I would highly recommend you read them. If you stay pure and do not add any indicators you will become an excellent trader and have a deep understanding of HOW the markets move. This doesn't necessarily mean you will be profitable THAT'S a whole other story....
it was the cup and handle pattern not tea cup. My fault. confused it with saying to myself i should just read tea leaves. thanks for the encouragement.
initial tuition was cheap. As markets have changed I had to pay the tuition as brokering is also hard as clients come and go... I would say my brake came at ETG (a prop firm), trading/scalping listed stocks. I have learned a lot there. don't can't use that anymore. Go figure.... Now I only focus on futures and mainly spreads, options and other non outright "fuck me market" strategies... I am still paying tuition at times...
worked on the cbot floor (clerk, 30s & 5s) for 3yrs & got into using the monochrome CQGs on the floor after like 6 months...buddies father gave me the Nison candlebook (end of 1st yr on the floor), couple years later i got kinda lucky & was handed a job trading the screen side of the bund arb in london -'97.
Proprietary...means you work for a firm and trade their capital for a split of your profits. typically, its 40/60 or 50/50 to start. maybe $1000/month guaranteed, give or take.
I learned from kiwi posting trades in some old geezers free trading room . Where you hangin out now bro.
Hume's Investment Group - Ted Spread, Sugar 11, Oil Parlay...et all Ken Roberts - Introduction to Futures Trading. Commodity Trend Service (Nick Van Nice) - Introduction to Technical Analysis. Welles Wilder - Delta Phenomenon/New Concept in Technical Analysis. I was successful trading Futures '95/'96 before switching ground to options trading in 1997. It's been success galore since then!