don't waste your time with chart patterns. don't waste your time reading technical analysis books and 20ema's and 50ema's and 200ema's...focus on the trend, figure out an effective method to detect when the trend is changing and if you know when a trend is ending, you'll know when a new trend is beginning. If you can master the trend (with very basic techniques), you will master all markets.
I'm so appreciative that people disagree with me so staunchly...it indicates that I will continue to have my edge going forward. thank you all and enjoy the rest of your thansgiving weekend.
do you trade yourself? i just started and im wondering what some basic techiques are, becasue it seems the more technical indicators one would get into the more hes focusing on everything other than the market itself
@HOCKEYFIGHTCLUB Charts don't lie. He's giving you a licence to print money. Read the news first, and avoid major announcement days. (unemployment numbers etc.) Good luck, paper trade, any market system before trading cash.
@prodigee411 focusing on the trend is a chart pattern in itself, figuring out when the trend is changing is when you see certain patterns printed, its all about supply and demand and knowing what that looks like on a chart. sounds like somebody lost some money in the market and wants to blame something instead of take responsibility
Great advices all.
benzzyy00 8 months ago
can anyone tell me what it means whenb the daily volume is higher than the total number of shares?
lvngdead 2 years ago
anybody know what charting software/service he's using?
it's so cool how the little graphs pop up when you go over the name. looks a lot better than Google Finance.
lvngdead 2 years ago
@lvngdead the website he was using was FINVIZ
speero 2 years ago
thank you
lvngdead 2 years ago
LINDOWS!!!!!! I LIVE! LOL
qjhova 2 years ago
Are you aware that Dubai is going bankrupt
Khachturabian 2 years ago
don't waste your time with chart patterns. don't waste your time reading technical analysis books and 20ema's and 50ema's and 200ema's...focus on the trend, figure out an effective method to detect when the trend is changing and if you know when a trend is ending, you'll know when a new trend is beginning. If you can master the trend (with very basic techniques), you will master all markets.
prodigee411 2 years ago
You must not trade? If you do, please point me in the right direction to master the markets...
link2randle 2 years ago
I'm so appreciative that people disagree with me so staunchly...it indicates that I will continue to have my edge going forward. thank you all and enjoy the rest of your thansgiving weekend.
prodigee411 2 years ago
You're an idiot
chrism20 2 years ago
do you trade yourself? i just started and im wondering what some basic techiques are, becasue it seems the more technical indicators one would get into the more hes focusing on everything other than the market itself
HOCKEYFIGHTCLUB 2 years ago
@HOCKEYFIGHTCLUB Charts don't lie. He's giving you a licence to print money. Read the news first, and avoid major announcement days. (unemployment numbers etc.) Good luck, paper trade, any market system before trading cash.
tallorder9 1 year ago
@prodigee411 focusing on the trend is a chart pattern in itself, figuring out when the trend is changing is when you see certain patterns printed, its all about supply and demand and knowing what that looks like on a chart. sounds like somebody lost some money in the market and wants to blame something instead of take responsibility
ImC00LyourNOT 2 years ago
In case you missed the name of the website he mentions, it is "FINVIZ".
Thanks DayTraderRockStar, I have learned much from your presentations.
Davetech23 2 years ago 2
that's brilliant information. Thanks to share such info with us.
I'm a student and I'm glad about all kind of free educational stuff! :)
sandrek 2 years ago