This is the thread with respect to MC I came across - besides this I have no specific information! http://www.trade2win.com/boards/trading-resources/10214-mr-charts-training.html the only thing i know is that i know nothing at all hint taken but how do u see this in a fast moving market hazarding a guess - by observing it a few times we can safely say slightly otm calls/puts offer best r/r?
Recognizing the high probability setups. Which requires changing how one thinks in the sense that try to understand what is being presented and not based on one's own pre-determined interpretation. Being patient for the right opportunity. Also setting targets and trying to meet them. If something is not working then analyze it and change it until it starts working. One should not scale up until the good trades are identified and the dynamics understood. Knowing the path and walking the path are two different things. In your trades I see BLASH & SHABL
well ML..u will be happy to know that the MC u speak of is not the MC u think the chappy u are referring to is a tooth puller turned trader..and from what i have heard..he is much better at extracting teeth than $$$$ reality check time..do u think a dentist can show u anything that u can not learn urself..and yes..back in 2004 a sum of 950 sterling was a nice little sum..would get u a lot of nice learning trades on nyse stocks so..what is a dentist going to show u that u cant find out in 2 minutes by asking TO..not a lot..not a lot u see..this is what TFF has been saying..and trying to get into peoples heads all the time..there is no need what so ever to give ur hard earned money to anyone..just change the way u think and people will start to help u for nothing..if u ask the right way besides..we all know by now who can help u most..don't we enuf about idiots who want to take money from gullible people..TFF have no time for them..and they know sweet fuk all anyway..for if they were able to make enuf money trading..they would not have to try and take money from others..instead..they would help others for free..as TFF do..do u see the reality of this fact btw..that site is absolutely useless..the only few real traders who were there have left..and u can see why..bunch of stupid arseholes running the show..cosy little gang i would imagine TO
ML..ML..ML.......:eek: let this be a lesson..and think hard about it..for it is what trading is all about The Oracle..that being meeee..asked a specific question..and..like when the vase was knocked over..the answer to the question was already there..now think..before u reply..and if u get it..do not post it right away..for let others see if they can get it..for..when u get this answer u are getting close to the BIG ONE..and we all know what that question is..don't we btw again..TO is not trying to be smart..but is trying to get u to be smart..which u need to be if u want "to not become one of the majority" TO
TO is going to backtrack and take some random posts to address..as TO does not read back on everything after being away for a while..so..let's see what lessons we can learn from same..should be interesting TO
i see what u mean ML..too many pages fwiw..there is no need for anyone to go back..just go along from where we picked up lately..for that should do.. here is one that i found..and i think MN mentioned it lately..so lets put it to bed Posted by The Oracle on 11-12-11 10:03 PM: Quote from Mysteron: I don't know the answer unfortunately. Big size , small red colour is all I can make of it. But what does size refer to? Large volume with a relatively small price bar indicating a possible turning point. As for orders being split, I noticed that with CLF any attempt to trade more than 100 shares would often result in a requote even though the daily volume was over 4 million. So it would be more reliable to trade in lots of 100 shares. That always seemed strange as I could trade other stocks for larger amounts without requotes. I'm puzzled by POT, it's not in the S&P500 so why did you consider it and what process led you to it? Was it found from a search for stocks with adequate range, acceptable price and sufficient volume with a series of HH and HL possibly? do u remember the rhymes u learned as a child..they are burned into ur mind forever jack and jill little miss muffet etc..etc..etc then we move on to some more advanced ones..like je suis..i am a gentleman tu est..you are a fool il est..he is the biggest ass that ever went to school do not underestimate the power of rhymes..for the mind has a tendency to do its own thing at certain times..especially when trading here is one simple rhyme to learn RSC..WHAT DO I SEE we know what size is..it is the transaction size we know what color is..or do we? so..before we figure out what the rhyme really means..what does c for color really mean..as some may be just a little bit surprised at the answer in the context of the rhyme? TO and.... words it be..one, two, three see them quick..time to pick see them slow..time to go learn to see..the one, two, three and..TO had forgotten that he had shown this..will have to spend some more time on it for stocks
i have looked at some of the other posts on this site..and i must say i am a bit shocked..so..from now on TO is not going to post anything that has no value..and no more bullshit..OK anyone is welcome to join in the discussions..but do know that if u are unable or unwilling to explain what u are talking about..by showing people..then it will be said straight out..and u might be offended..but that is how it is no bad language or offensive posts to other members will be allowed..be nice to people here or just go away and annoy someone else..we have no time for time wasters here TO
I would say what matters most when u are trading is to think before you act. If daytrading you better be able to think quickly whether or not you want to place a trade. It all depends on the plan you have. If that entails taking a tiny risk for a tiny reward, or a big risk for a big reward, or a tiny risk for a big reward, or even sometimes a large risk for a small reward. This should all be well thought out before the day even begins. Plan & execute.
ML..i came across this image when looking back thru posts..u can download quotetracker and set this up very quickly with live TDA data feed..it is a good starting point for daytrading stocks..not too many to look at..but know that u are limited as they are Dow 30 nyse stocks..no nasdaq stocks in this setup..apart from usual like msft and intc..u know the diff..4 letter ticker..just need to check latest D30 list as this screenshot could have been a while ago TO