If you are doing "option repair" on every position,its doubtful you are ahead of the game.. And you can't sell enough calls to make up for 50 percent hickeys..Doesn't work thst way
How is having multiple entries and multiple profit taking levels vague? Even day traders use that and they're the lowest form of trader. That's the problem with your support and resistance voodoo those levels don't hold. I'm out of capital cuz I go all in... Risk management and stop losses is playing their game. Don't you guys get it? What do you mean by trade confirmation. Posting the chart...the entry, the exit. The screenshot of the order. That's not enough for you guys? I only mentioned this last trade to demonstrate that you can use Elliott wave on the lower time frames. It's not like I'm going to boast about $150 trade LOL.
Still waiting for you to post anything trading related. Heck even post a paper account trade. I don't care show us something.
Haha,I'm a swing trader and my trades would bore someone to sleep. Faded that pop in AGX last week and same thing with SBUX a couple of weeks ago. Decent profit on both trades. Only made about 30 trades all year.
Nothing wrong with swing trading...BNF is a swing trader. When I watch a day trader I just want to zoom out chart...it's laughable watching their late entries and early exits.
Thank you. I will ignore that book. It is hard to implement using code. I think what I read years ago is "The Richard D. Wyckoff Method of Trading and Investing in Stocks: A Course of Instruction in Stock Market Science and Technique". However I can not find the Kindle version of this book. I will use the Kindle book <how I trade and invest in stocks and bonds> instead.
Why is everybody just ignoring that I posted an example of wychoff...that's everything you need to know right there...no need for a book. Just learn EW instead.
Wykoff and Dow both came up with the Phases. Not sure who came first though. Weinstein' followed it and added in the 30 week MA etc. @wxytrader is the greatest. We should all learn EW, coz price is already predetermined ... apparently. I think Wykoff also thought price was manipulated by some mysterious force