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Pattern recognition and Success in Trading

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Uploaded by on Apr 18, 2010

DayTraderRockStar discusses how to be successful in trading using pattern recognition and discipline

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Uploader Comments (DayTraderRockStar)

  • Another question: I use scottrade and I'm trying to get my stochastics set up like yours. Yours is much smoother than mine and seemingly more useful. I can't figure out what parameters to type in to mimic yours... Any tips?

  • @telepathyah I am using Iq charts charting software link is on site for a trial and the parameters are full stochastics 14,3,3 I use the 20, 50, 200 ema

  • Thanks it really helps when a whole sector comes into play

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  • @telepathyah :

    it just further smooths it... 3 smooths 14, and the additional 3 smooths the 14 aftter it was smoothed by the first 3.

  • My best indicator is 30 second candle charts.

  • I began to learn about trading about 2 years ago and back then I started watching these videos to learn from.. then I bought all these expensive courses and read all these books, and now 2 years later I come back and am watching this video and not only does it make absolutely perfect sense but if I had have applied this stuff earlier I would be way further along than I am now - DTR, thank you so much for putting these things out there for us.

  • Ive been trading fulltime for a little over a year and everyday I tune into daytradingradio. I cannot express enough how much this man has taught me. I understand the patterns and setups, but the market is more than that...it's about patience, and timing, and discipline. Daytraderrockstar uses his 17 plus years of knowledge to show us how you can survive in the trading world. This man is sincere and from the heart. He does this because he loves to do it, and that is a good thing.

  • finally some quality info about stocks on youtube.

  • You're to good too us!

  • @cliffc13 Ok, thanks for your help.

  • @telepathyah I think it's an average of the %k. Search for the formula on google and it will give you a better answer than I can!

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