Normal
--- r u one of my neighbours Nun?i think just setting realistic short term goals is the key ---- my original goal was to stop losing bucket loads of money lol --- (done that) ---- ive been lucky --- ive been able to sit in front of a computer for extended periods to learn ---- most people dont have that luxury ----agree Mirc ----- first punters have to work out what time frame they like to trade in -------- short suits my situation ---- the pulse of the market is the momentum of the chart right at the coal face ---- its the only 'reliable' information to me ---- u gotta think in reverse sometimes -- eg ----if yr gona short the Eur ---- where is the safest place/lowest risk to get in ---- at the last high of course --- doh!! --- just dont short it until the momentum has shifted otherwise u'll get crucified!!great training exercise to try on FX as well ----- when there is an obvious trend up for eg ------ only allow yourself to take short trades (or opposite for longs) --- punters will learn more about the instrument in one night than a week of trading breakout patterns ----bludy TH !! ------ i wonder if folk realise just how good he actually is ----nothing clever about what i do Mirc ---- basic chart reading --- i just like to read off 1 second charts ----- charts in any time frame look the same --- so i figure y not put the microscope on and get in close ---- eg if the 5 min is in an obvious up trend --- wait till the 1 minute hits a momentum low --- then buy the next higher low off the 1 sec chart just as it turns --- simple as all crap in theory ---- if u can manage to get the momentum low of say an hourly to marry an entry with the shorter time frames chances are u'll get a very nice swing trade ----Time relative to the range of any move is also often important to gauge whether the momentum is fake or not ----- (Frank D is the man to explain Time)would post a bit more detail but got a few issues to deal with this week --- hopefully get a chance to continue in a few dayslosing brings out the true character in people for sure Bob --- winning can make u greedy or lazy ---- losing can make u hungryonya too Nun ---- egos can get in the way of epistemology eh!!thanks for the input all round lads ---- sorry if the first post was a bit crazy!! ---- ya get that occasionally ---
--- r u one of my neighbours Nun?
i think just setting realistic short term goals is the key ---- my original goal was to stop losing bucket loads of money lol --- (done that) ---- ive been lucky --- ive been able to sit in front of a computer for extended periods to learn ---- most people dont have that luxury ----
agree Mirc ----- first punters have to work out what time frame they like to trade in -------- short suits my situation ---- the pulse of the market is the momentum of the chart right at the coal face ---- its the only 'reliable' information to me ---- u gotta think in reverse sometimes -- eg ----
if yr gona short the Eur ---- where is the safest place/lowest risk to get in ---- at the last high of course --- doh!! --- just dont short it until the momentum has shifted otherwise u'll get crucified!!
great training exercise to try on FX as well ----- when there is an obvious trend up for eg ------ only allow yourself to take short trades (or opposite for longs) --- punters will learn more about the instrument in one night than a week of trading breakout patterns ----
bludy TH !! ------ i wonder if folk realise just how good he actually is ----
nothing clever about what i do Mirc ---- basic chart reading --- i just like to read off 1 second charts ----- charts in any time frame look the same --- so i figure y not put the microscope on and get in close ---- eg if the 5 min is in an obvious up trend --- wait till the 1 minute hits a momentum low --- then buy the next higher low off the 1 sec chart just as it turns --- simple as all crap in theory ---- if u can manage to get the momentum low of say an hourly to marry an entry with the shorter time frames chances are u'll get a very nice swing trade ----
Time relative to the range of any move is also often important to gauge whether the momentum is fake or not ----- (Frank D is the man to explain Time)
would post a bit more detail but got a few issues to deal with this week --- hopefully get a chance to continue in a few days
losing brings out the true character in people for sure Bob --- winning can make u greedy or lazy ---- losing can make u hungry
onya too Nun ---- egos can get in the way of epistemology eh!!
thanks for the input all round lads ---- sorry if the first post was a bit crazy!! ---- ya get that occasionally ---
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.