Intro
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.
Chart
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,MACD,Stochastic,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.
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.
Chart
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,MACD,Stochastic,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.