There are a few of you since SPY pumped... do yourself a favor. Stop using your garbage indicators.... go read some books by Thomas Bukowski if you want to succeed in the market. It's not going to tell you everything you need to but it will get you in way better shape than you are in. If you continue to use garbage indicators you will never understand the market or what is going on. Expand your knowledge beyond those books to knowing the mechanics behind the chart that are driving it and you will no longer worry when you are a little red and you will capture the good majority of the trades you take. Like 85% of the trade if not more. You're welcome. And to those that follow and unfollow me... understand I don't care if you follow me or not. Let me be more clear.. if I have one follower or 1000 it makes ZERO difference to me. Tradingview does not pay me to do a damn thing. I could never post again and nothing changes in my life. I continue making all the money in the markets and taking my positions .. the only thing that changes is I save my time by not coming on here and posting. That's a win/ win for me.
Now go read those books my little trolls......... it's about the best advice you will ever get from anyone in regards to the markets. I kid you not. (No affiliate link, so I am not making a penny off of you again) You should then go out and learn and understand a bit of what makes the chart and the mechanics behind the chart and that I will not tell you.. sorry. I learned some pretty cool little tricks that took many years to discover through my travels and those do not get shared. But those books, you will do much better than you could dream of once you read and understand them.
And for anyone who takes positions in the market based on Vix volume and when it looks heavy.... oh my. That's one strategy straight out of a youtubers or 10 year olds playbook. That just isn't going to go well for you.... I get the saying when Vix is low, look out below....... but really, that is not a way to play the market and be successful.
By the way... April will be a nice roll over for the markets. Count on it. Love my CMG position taking yesterday too. Hint, hint. Not posting the chart but you should be able to see it, I hope.
Now go read those books my little trolls......... it's about the best advice you will ever get from anyone in regards to the markets. I kid you not. (No affiliate link, so I am not making a penny off of you again) You should then go out and learn and understand a bit of what makes the chart and the mechanics behind the chart and that I will not tell you.. sorry. I learned some pretty cool little tricks that took many years to discover through my travels and those do not get shared. But those books, you will do much better than you could dream of once you read and understand them.
And for anyone who takes positions in the market based on Vix volume and when it looks heavy.... oh my. That's one strategy straight out of a youtubers or 10 year olds playbook. That just isn't going to go well for you.... I get the saying when Vix is low, look out below....... but really, that is not a way to play the market and be successful.
By the way... April will be a nice roll over for the markets. Count on it. Love my CMG position taking yesterday too. Hint, hint. Not posting the chart but you should be able to see it, I hope.
Comment:
So I dont have to answer a bunch of posts since I am sure there will be more asking... he has a Getting Started book... I would recommend that or take a look at them and decide. He also has a third edition encyclopedia. Boring as F** and is pretty much a reference book but good. I would probably start with the Getting Started book though and then decide what next. They are all good books though and you cant go wrong with any of them.