Since time immemorial , people are not known to make money for others ,,,,,,,,,,,,,,,,,,,,,,,,,,it is just a marketing tool so they blue eyed bankers can rob the world ........and some scammers can eat noob sandwiches.
No kidding, only three secret messages in four and half years? I'm certainly not expressing much passion, unlike Annaland who caused Surf to shut down his PM because she filled it to overflowing
================= Welcome to the forum,JM5 Actually my starting problem was the same as yours; i thought TA/moving averages were going to work, TA does NOT work , you have to do the work. Sure 50 day moving average can be helpful, with discretion. =========================== Try rule of 72, meaning work 6 days a week, times 12 hours a day. [72 /+hours a week].+. 10 years maybe more helpful than 20 or 50 days. Not saying 50 days is not helpful; 50 days can mean much. Wisdom is profitable to direct.
I empty my mailbox contents every year, only saw the recent one. You never answered any of them? I'm hurt
The proper indicators are only a very small amount of the success anyone might have. The issue is most indicators (when used properly) are right most of the time - if you did not understand that, read again. The issue is only the DEGREE to which they are correct. This is what messes everyone up and leads to losing. Price does not travel in a linear fashion. A big winner and a small winner often look identical early on and only differ in hindsight. One time a stock goes 10c gain then 1.20 the other way, next time, same setup it goes for a 2.00 gain straight away. If you do not lock in the 10c gain you now have a guaranteed loser. The issue is usually not in the indicator, its in reading the market conditions to "anticipate" the level to which it will be correct - i.e the exit point. Too early and you leave too much on the table. Tool late and a win turns into a loss. There is also a third choice - to pass on the signal. This is where the pro's excel and the novices lose.
someone posted Smart shoppes. They asked me to annotate it I filled in the initial analysis sheet. and annotated it. (stops included) http://www.elitetrader.com/vb/attachment.php?s=&postid=3652739 some days passed on this position trade. Note the annotation on the fast stochastic. Note below where the losers did their exit. Ask if you are too slow to read the TA. Note how following my method works on all variables. http://www.elitetrader.com/vb/attachment.php?s=&postid=3652745 Here is a trade in a commodity and an explanation to the IRS via an AIR from the IRS. http://www.elitetrader.com/vb/attachment.php?s=&postid=3652747 how much margin was used? 20K 60K? Is it worth it to put 40 contracts on he line and wait 146 minutes and make 43K on the capital using TA? 90% of traders fail. They come to markets and learn failure. for them nothing works. do you think the managers in NYC would come to marketsurf's sunday party if I were coming? I've had guys from Greenwich follow me to Switzerland. Garbage in garbage out. I don't do garbage. Do you know why moderators delete my "test a trader" posts in threads. I am a threat to trader mining wherever it appears. ET is doing a slow fade. Why? TA experts are almost gone from ET.
just do not bother to look at the chart. when turned on my computer, he he, I get to go to bank again friday. happy about my aapl 650/645 puts qqq 68/67.5 puts. my 100 lot CHK 20.5 calls at 0.23, now at 1.1, will sell it fridayplan at 1.35, that is 11k gain. last time I lost, this time it paid me back 5times more. you do not need those charts, indicators. use your mind, see things far better. TA is for those gamblers, for those lazy guys.