anyway queries can be directed to my e-mail learn2earn8@gmail.com - very appreciate & thank you for taking the time to read this blog. wish all readers the best in your trading and investment journey! never give up as seek and you will find :)
Monday, April 19, 2010
WTF! error code 9024 account disabled, DAMN FUGGING no mood update blog as all happy joyous precious e-mail gone with the wind :(
FUGGING!!! yahoo error code 9024 email account disabled, EXTREMELY PISSED OFF & UPSET + DAMN really no mood to update blog as all exciting adventerous memorable e-mail gone.. FUG their heartless brainless customer service operations in india!!!
anyway queries can be directed to my e-mail learn2earn8@gmail.com - very appreciate & thank you for taking the time to read this blog. wish all readers the best in your trading and investment journey! never give up as seek and you will find :)
anyway queries can be directed to my e-mail learn2earn8@gmail.com - very appreciate & thank you for taking the time to read this blog. wish all readers the best in your trading and investment journey! never give up as seek and you will find :)
Friday, April 9, 2010
enter trade april 2010
watchlist from e-book level 0 stress test on stock selection
options available, enter as close to strike price
swing trade, have cut loss level in case of shit & practical exit level
new high or momentum trading, enter now & reenter again at pullback, have cut loss price ready
http://www.trade2win.com/boards/us-stocks
DT: you are on the right track, and there is one thing that will blow you away when you crack it, and what is more, when you see it you will not want to tell anyone, as I was never told it, but I did see it, eventually, and likewise, I will never tell anyone, but like me, that does not mean that anyone else will never see it, for beauty is in the eye of the beholder.
Time restriction puts additional pressure and forces you to take unecessary trades.
The less constraints, the less pressure, the better you learn how to trade.
''Look at the graph and see what it is showing you, not what you think it might be showing you''
If, when you look at a chart, you do not see the OHLC, and instead you see a myriad of other things, then odds are your are going to get screwed, for that is exactly what they will do to you.
You must, and I will repeat again, You must, know your ranges if you are to succeed at daytrading Us stocks. If you are stupid enough to play around with silly shapes and squiggles, then you deserve exactly what you will get.
Norn Iron:
you guys with your esoteric mumbo-jumbo claptrap just don't get it, with all your fancy charts, pretty colours and waffle.
you may well have some insight into market or price behaviour.
but so what ?
does it make you a better, more successful trader ? I doubt it.
all you need is a plan ! a simple plan !
draw a simple horizontal line on your chart, any distance away from where price is now.
decide in advance what you're going to do if/when price hits that line - go Long or go Short
then
decide in advance
a) how much pain you can take if you're wrong and
b), partly based on the answer to a), how much you will target as profit.
and that's it mate, no BS
or if drawing a horizontal line is beyond you , simply make the same plan now about Stops and Targets and enter at Market now !!!, Long or Short I don't care, the market doesn't care, it doesn't matter.
It's how you manage the trade according to your plan that will make a successful trader.
if u can't accept that only 2 or 3 trades out of 10 will be small winners, & that 2 or 3 will be scratched for even & that 3 or 4, even 5 will be losers, with possibly only 1 in 10 trades being "payday" then u shouldn't even consider trading
options available, enter as close to strike price
swing trade, have cut loss level in case of shit & practical exit level
new high or momentum trading, enter now & reenter again at pullback, have cut loss price ready
http://www.trade2win.com/boards/us-stocks
DT: you are on the right track, and there is one thing that will blow you away when you crack it, and what is more, when you see it you will not want to tell anyone, as I was never told it, but I did see it, eventually, and likewise, I will never tell anyone, but like me, that does not mean that anyone else will never see it, for beauty is in the eye of the beholder.
Time restriction puts additional pressure and forces you to take unecessary trades.
The less constraints, the less pressure, the better you learn how to trade.
''Look at the graph and see what it is showing you, not what you think it might be showing you''
If, when you look at a chart, you do not see the OHLC, and instead you see a myriad of other things, then odds are your are going to get screwed, for that is exactly what they will do to you.
You must, and I will repeat again, You must, know your ranges if you are to succeed at daytrading Us stocks. If you are stupid enough to play around with silly shapes and squiggles, then you deserve exactly what you will get.
Norn Iron:
you guys with your esoteric mumbo-jumbo claptrap just don't get it, with all your fancy charts, pretty colours and waffle.
you may well have some insight into market or price behaviour.
but so what ?
does it make you a better, more successful trader ? I doubt it.
all you need is a plan ! a simple plan !
draw a simple horizontal line on your chart, any distance away from where price is now.
decide in advance what you're going to do if/when price hits that line - go Long or go Short
then
decide in advance
a) how much pain you can take if you're wrong and
b), partly based on the answer to a), how much you will target as profit.
and that's it mate, no BS
or if drawing a horizontal line is beyond you , simply make the same plan now about Stops and Targets and enter at Market now !!!, Long or Short I don't care, the market doesn't care, it doesn't matter.
It's how you manage the trade according to your plan that will make a successful trader.
if u can't accept that only 2 or 3 trades out of 10 will be small winners, & that 2 or 3 will be scratched for even & that 3 or 4, even 5 will be losers, with possibly only 1 in 10 trades being "payday" then u shouldn't even consider trading
Tuesday, April 6, 2010
Preview of sulifeisgreat e-books
R u a newbie starting out in your trading or investment journey and having problem selecting usa stocks? Interested in swing trade and momentum trading via candlestick chart? Want to create a practical watchlist and extract info for free from finance websites?
If the blog stock selection suits you - it utilise level 0 fundamental, technical analysis & charts... Pls give this a test drive to have an idea of the pothole on the road, before spending thousand $ on seminars, books & etc :)
E-book 1 has 28 pages
E-book 2 part i, ii & iii has 81 pages for each e-book
E-book 3 has 20 pages
The usa forum is refer to lowyat. There do not have much variety of usa stocks. I gave them about 100 stocks and shortlisted 5 for trading. Not all 52 week highs are created equal. Get the e-book in pdf format, if you want to know where to select wider variety of stock & how to filter them for free, but the only drawback is need to do homework :) By doing some homework, you'll be able to sharpen your skills and reduce the tuition cost, time and learning curve which the market always extract from newbies.
If you want to disagree with my simple analysis method, you can't disagree with the stock price movement. Free financial website analysis is from stockcharts, yahoofinance, reuters & etc. Here are the sneak preview ;)
Further queries, pls email learn2earn8@gmail.com
If the blog stock selection suits you - it utilise level 0 fundamental, technical analysis & charts... Pls give this a test drive to have an idea of the pothole on the road, before spending thousand $ on seminars, books & etc :)
E-book 1 has 28 pages
E-book 2 part i, ii & iii has 81 pages for each e-book
E-book 3 has 20 pages
The usa forum is refer to lowyat. There do not have much variety of usa stocks. I gave them about 100 stocks and shortlisted 5 for trading. Not all 52 week highs are created equal. Get the e-book in pdf format, if you want to know where to select wider variety of stock & how to filter them for free, but the only drawback is need to do homework :) By doing some homework, you'll be able to sharpen your skills and reduce the tuition cost, time and learning curve which the market always extract from newbies.
If you want to disagree with my simple analysis method, you can't disagree with the stock price movement. Free financial website analysis is from stockcharts, yahoofinance, reuters & etc. Here are the sneak preview ;)
Further queries, pls email learn2earn8@gmail.com
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