The basics are not there. Market structure, textbook TA stuff and chart reading skills. After that the "feeling" will come, I don't like the word feel though, for me it is about making good judgements. All that while handling the stress that the ...

Technical Analysis Fallacy

ok lor... and the biggest winner is........the broker !!!

Technical Analysis Fallacy

And one more thing Ted, assuming your hypothesis is correct, that a good trader can become a good poker player, then the opposite is true also, in that case, you are not that far from dragging in pots from the market.

Poker vs Trading

Hi Ted (is that how I address you ?) I've played live games mostly, on weekends when I feel like it or when invited. Can't say I slay at poker though, mostly just playing for entertainment. Have an online account but seldom use it, trying my best to ...

Poker vs Trading

Shhhh....the people here don't like it. (kidding) First off, I don't think you are any where near "limited capacity". In Fana's case the entries are really terrible, he did not see the bigger picture of the market. And making rescues against a fast ...

Technical Analysis Fallacy

Start a thread about it !!! I would be the first to join in.

Poker vs Trading

Doing rescues against the momentum is crazy. But I find myself trading against the trend too, not rescuing though. Picking a little here and there.

Technical Analysis Fallacy

I second GEfx, those are the kind of crazy rescues I am talking about.

Technical Analysis Fallacy

I hear you...thanks

intraday trend trading with price action

Sorry, I have an embarassing question to ask. Momentum (speed) as defined by the length of the bar chart compared to previous bars ?

intraday trend trading with price action

Yes there are many similarities between poker and trading. Check this book.... url I read about it on Victor Niederhoffer's website long time ago, not a method or maths book but the principles are very applicable to trading. Its sort of like ...

Poker vs Trading

I've used and is still using the ADR templates almost exclusively. If you are looking for a summary, I don't see any part of the method more summarized than the templates presented. Wait...you have not read the templates yet.

Igrok Method. Q's & A's. Comments, thoughts and ideas

LOL...maybe I got sucked into the order flow thing of late. Anyway just trying to get a sense of where you come from in your analysis. Now I get a better idea. I've never worked in broker firm before, just happened to know some of them personally. I ...

intraday trend trading with price action

If not already discovered, here are 2 good write ups on PINs... file file another way to determined the strength of the pin is to look at the price action of closely related pairs.

intraday trend trading with price action

Hi sho, I think I more or less understood what you presented above. One thing caught my attention though. You mentioned that looking at order flow you can understand the price movement better. I may side tracked a little here, specific to stock ...

intraday trend trading with price action

Did you try Scribd ?

Technical Analysis Fallacy

my own difficulty is time constrain (despite being able to sit in front of the screen whole day). Especially when the expansion and contraction of prices spill over to several sessions. I belief many will have problem when they are stuck and the ...

Technical Analysis Fallacy

Hi Mamood, I cant really tell you how to do it neither can I claim that I have mastered myself. However you did say that you still end up with net profit, I think that itself is a good sign. Maybe you should not take yourself too seriously and cope ...

Technical Analysis Fallacy

image Great explanation. Supply and demand lines generally are as subjective as most other technical observations, when prices reach those levels, there are only two possibilities, either it holds or it breaks (duh). This is a great pic for ...

intraday trend trading with price action

Moving average strategies are reversion to mean methods, mathematically speaking. Such observation can be found on random data too. Whether an individual sees that as opportunity or not, that is subjective. I remember in two of Market Wizards books, ...

Why Moving Average?