December 2011
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C. Ronaldo →
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Trading Notes - [DRAFT]
BUY SIGNALS -
MACD 20,43,1 - moving into positive.
20 days MA crossing over the 50 day MA.
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First thing to look for:
- lower highs and lower lows is a sign that the sellers are in control.
- The trend is your friend…
- Trade on the side of the trend.
- IMPORTANT - If trading off daily charts, check the weekly timeframe.
- Check and double check...
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Notes: Moving Averages - MA
Moving Averages: - When short term MA crosses above longer term MA, time to BUY - When short term MA crosses below longer term MA, time to SELL - John W Henry. Owner of Red Sox & Liverpool. DAMN!! He made dough with MAs. - 10 and 20, 10 and 30, or 8 and 21. 8 and 21 - the best. Moving Average WARNING: - MAs only work when stocks are TRENDING - Do not use MAs when stocks are oscillating. How to...
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HAHAA... [TRY THIS] Your brain will add music to... →
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[AWESOME] Beard & Mustache Competition pictures! →
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Secret sauce to success in trading!
If there is such a thing as a secret to the nature of trading, this is it: At the very core of one’s ability: 1. to trade without fear or overconfidence. 2. perceive what the market is offering from its perspective, 3. stay completely focused in the “now moment opportunity flow,” and 4. spontaneously enter the “zone”, it is a strong virtually unshakeable belief in an...
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I am a consistent winner because....
1. I objectively identify my edges. 2. I predefine the risk of every trade. 3. I completely accept the risk and I am willing to let go of the trade. 4. I act on my edges without reservation or hesitation. 5. I pay myself as the market makes money available to me. 6. I continually monitor my susceptibility for making errors. 7. I understand the absolute necessity of these principles of consistent...
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TRADING IN THE ZONE: 5 Fundamental Truths
1. Anything can happen. Because, it all depends on the buyers and sellers. If people buy the stock, price goes up….If people sell, then price drops. It’s a tussle between buyers and sellers. You never know what’s going to happen. No matter how “sure” you are about your trade, you must know that anything can happen. So you need to look at your trades and the market...
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