Its been a long time since i posted something here, i was under the impression that posting here was like a game of prediction, as if you can have bragging rights if your prediction went ok. But at the back of my mind if i where a good trader why would i post my trades here what will i get. if not for the feeling of self accomplishment. Sharing knowledge maybe!
Then i learned that the mere impulse of thinking as such, mixed my trade with emotion and clouds my thinking. I also learned that predicting what the market will do will not be good for my business, instead what i should learn is to know what the market wants to do and react on that accordingly.
After three years of trading im still a novice, it sad but the only way to address that is to read up on books, do research to make my trades my own. For newbies like me i suggest you do the same thing and read up, there is no shortcut here there really is a learning curb, and there is no Holy Grail on trading.
On the screen are lots of indicators i mean lots. I know that my screen is cluttered but this is the result of all my studies and failure. Its a combination of "Harmonic Trading by Scoth Carney" "Fractal Trading by Bill Williams" "Triple Screen Trading by Alex Elder" Three of Moving Averages, , ,Impulse. If you dont know these people you are not researching enough for your business. In summary Im short on this trade once the impulse system turns red. this not a recommendation for you to do the same.
Im still a novice at these considered a smuck in the trading world made considerable amount donations to the market but now standing my ground.
Learn your trades own your trades.