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Tuesday 16 June 2015

Independent charts

Today I learned that long term term strategy needs synergy.
But tactical short term trading need independent judgment to execute effective order.
That's the difference in art of reading charts.

Seem contradict with common belief that a good trade is a hard to do.
A good trade is one trade that one easily recognise at one look at charts.
Don't force finding the trade, let it come to you.

Also, past loss experience save me from another loss today.
That's the difference of sim and live trading.
I learned more from live trading.

recap"
1) 3 workers -LazyBozz, PassingtheBuckManager and the actual worker :)
2) 1 Big and 1 small opponent
3) Hammer and nail
4) NIHL
5) Cross MA - no need to pullback confirmation but look at closing price support resistance.
6) Volume peak
7) Don't force finding the trade, let it come to you.
8) Each chart is independent authority in short term trading

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