brilliant stuff.....what experts write in hundreds of pages you have done in a few lines...am saving this...THIS IS ALL YOU NEED TO TRADE...Brooks wrote 3 books saying the same thing!!!!!!! thanks for this post...you have a big heart!!!!!!!!!!
In India,once a trade is confirmed by the broker, you may check online with the exchange and see if your trade was actually executed in the exchange records....i am not sure this can be done in others countries but you can check:if that is true you can even now get proof of fraud by checking with the exchange
If u like what he wrote, you should rewrite it in your words, to make sure you understand it. And then of course do your own research and make your own observations.
Most trader fail because of a couple of things but the major ones in my opinion are as follows: Emotions Many traders especially the fresh ones are normally affected by emotions whenever they get into particular trades. For example, they feel great when the market is favoring them but when the market turn and all the see is negatives, they start panicking. Some of them even get out of trades that might have been profitable otherwise. Greed Most traders think of trading as an easier way to join the millionaires club. They want to get rich overnight, most of them will risk more than what they are supposed to risk per trade. Sometimes when their daily targeted profits have been hit they still want to make more and since market is unpredictable things go against them very fast and once they have lost a certain percentage of their portfolio, panic kicks in and they end up gambling now instead of trading. Not relying on the trading systems. The rule is always stick to your system no matter what, but most people will only stick to their systems when it's profitable only. The moment it starts losing money, the jump on to another system.
Mickey are you saying we can create our reality and drive the market with our thoughts? Or our thinking drives us to align ourselves with what the market is doing? That success in the markets or success in anything else is connected to our thoughts? The power of thoughts? Stinkin thinking leads to stinkin results? Metaphysical theory?
Relationship between TF's Es Right after opening 3/22/2019 5 min chart... PB in form of a Flag likely trend continuation what does it look like on 1 min...a bear channel likely BO of channel ?.... south 10 min chart.. 15 min chart ...PB 30 min chart...pause no PB yet 1 hour chart..pause no PB yet OK so starting general context. Gap down opening. OK with 5 min chart we see gap down..followed by two bull bars then a bear bar cannot close gap. weakness ,likely headed south. On 1 minute gap down opening 4 bull bars sideways motion triple top BO south of range ..then bear channel..likely resolution ..BO south of channel for at least 2 legs trend cont, that is. tactic...average down during channel ..wait for break south. If it doesn't but does opposite exit double up and reverse. odds favor a BO of bear channel south. 10 min Gap down followed by bull bar ..cannot close gap..then big bear bar..weakness..followed by PB in form of some sideways action ..likely resolution = trend continuation ...short on lower low or short at end of bear bar and add onto position during PB 15 Gap down..followed by bull bar..cannot close gap..followed by two big bear bars..gotta be short...followed by PB likely resolution ...trend continuation..short on lower low after PB or short after close of either big bear bar. Just get short! Can add on during PB..weakness...weakness! 30 min Gap down Spike closing on low ..Pause..likely resolution could go either way but strong gap down makes odds lean towards trend continuation..plus spike closing on low ..more downside likely ..so short..gotta take a chance and get short. 1 hour Gap down spike closing near low no PB yet so has not entered a channel ..just a pause at this point but could reverse but unlikely. likely resolution trend continuation into a channel with PB's I gotta run. Just watch and see what happens after all this. Can't watch anymore. other things to do.