@zjyqux - Tim, in response to your post - take a look at Nathan Michaud's ABCD pattern video and learn it. It is the most consistent LONG trade pattern around, and once you seen the video you can check out all of my blog posts to see the actual pattern represented in nearly every single long trade signal on my uploaded charts. Make it your niche play and stick to 100 share max to start.
Trading is one of the cruelest professions as the possibility to "fix," all, or much, of those losses with one really good winner is a real possibility. Don't be tempted to go for that quick fix solution, as people usually chasing the quick fix don't yet have the skills to take that big win trade.
Lastly, if you want to equal, or surpass, the salaries of doctors and lawyers by trading, then consider that maybe you need to spend as much time on your education as they did theirs. People who "make it," early in trading are the exception, and not the rule.
Oh wait - one more thing. If you decide to paper trade, then trade in the same size you would with real money. You don't want to be making 10 000 share paper trades and saying to yourself things like "oh man I could have made $1000, $5000 or $10 000 if that was real money..." You might be tempted to try unusually large size on your return and dig yourself a new whole.
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i see this ticker is for during the day, but any longterm ticker for december and jenuary?
No, sorry. I only do day trades. The same patterns do work long term however.
uh ok.
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@kenson90 Thank you, but dont think that loss didnt hurt, cause IT DID !!! Just learned quickly that I can not predict or wish the market to do what I want it to do. Tim G in his trading style hides his profits so he doesn't make decisions based on them and only trades the charts. Im finding that helps me considerably to do the same thing.
@OuroNoble If I can help let me know. I feel I may have been where you are.
It's so encouraging to come up on your page and read your blogs, I added you about a week ago, follow and watch your profits as it encourages me, and it's also nice to see chick traders on this platform.
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Thanks guys for your suggestions I really appreciate it
@GloireAuxFDP - that quick stab over $3 is the hint. It fakes a breakout before switching, and you got to act quick once it makes that lower high below the $3 level.
@GloireAuxFDP - I'm going to spend some time this weekend to see if I can find a collection of these chart patterns for you. I can't be sure how many I have available, but if I find a minimum of 5 I'll be sure to put out a post.
Thanks so much for you help I feel better now
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