Best Thread How To Make Money Trading The Markets.

[Mr. Charts]

A few minutes later another very high probability trade triggered in SCHW; another +75c per share profit.

 

[Mr. Charts]

All winners and losers on my blog as always.
A very nice day for this time of year, especially on an FOMC day.
This is the thing about trading stocks, the indices might be doing very little but often individual stocks present very good opportunities for my range of methods.
Yesterday there wasn't much, today plenty.
Together with my other trades today, our summer holiday is paid for in half a day !
It's not always like that, of course, but trading US stocks makes a very good living.

 

[JackPro]

A few minutes later another very high probability trade triggered in SCHW; another +75c per share profit.

you use macad and rsi for trading?

 

[Mr. Charts]

you use macad and rsi for trading?

Never

 

[Mr. Charts]

I found ACAD on a scan 9 mins after open and waited for an opportunity.
It presented the set up on this thread half an hour later after a retrace on the 3 min candles which were rising. +74c share no problem

 

[Mr. Charts]

Those are brief questions, but the answers would take me a very long time to type out I'm afraid.
I occasionally trade IPOs

 

[Mr. Charts]

NTAP was on my pre -market alert list and the rising candle method set up for +149c per share

 

[Mr. Charts]

There is no book.
I was asked by the largest financial publishing house to write one but I declined.
All my my methods and techniques were developed over my 25 years plus of trading for myself.

 

[Mr. Charts]

On a day when QQQ is really moving, then you can almost rely on BABA offering opportunities.
Both of my trades used the falling candles method.
The first included the candles immediately before market open and I shorted right after open.
+90c per share

 

[Mr. Charts]

My second BABA trade was on 3 min candles and produced a profit of +115c per share.
I was busy trading other positions otherwise I'd have entered sooner !

 

[Mr. Charts]

Only one of my eight trades today used the method in this thread and that was my second trade in AMD, a pre market alert choice.
All trades on my blog as always.

 

[Mr. Charts]

Sometimes you can use this method after a reversal, although you can never tell for sure it is a reversal, of course. If it isn't, then I exit quickly and take a small profit or small loss.
+94c per share

 

[Mr. Charts]

Anyone aware of the news about Facebook would have had it on their watch list today.
I traded it twice, once using the method in this thread for +155c per share, and the second time using a different set up which usually works well, though this time it produced a loss of 21c per share. Net gains on FB alone today = +134c per share.

 

[Mr. Charts]

CLVS was on my pre-market alert list.
I traded it four times:
+72c a share
+7c a share
-9c a share
-4c a share

As always, if a trade doesn't work very quickly, I exit for a small profit or loss.

All my other trades on my blog as usual.

Here are the first and last of those trades:

 

[Mr. Charts]

Happy Christmas and New Year to anyone reading this thread

 

[Mr. Charts]

Happy New Year

My methods keep on working with about 70% - 75% winners and I always keep the approx. 25% - 30% losers small.

Here's one from today using the particular method in this thread; a pre-market choice.

A nice slow and gentle 5 min candle trade.

RDS A +63c per share

 

[Mr. Charts]

Today was not difficult

Here's just one from my pre-market list SBS +65c per share profit.

There were plenty of opportunities including simple ones on the qqq ( nasdaq) and spy (S&P) indices using CFDs.

 

[barjon]

Today was not difficult

Here's just one from my pre-market list SBS +65c per share profit.

There were plenty of opportunities including simple ones on the qqq ( nasdaq) and spy (S&P) indices using CFDs.View attachment 259160

Happy New Year, Richard.

Looks a fairly relaxed 65 cents. By contrast I had a frenetic day looking for long trades in a falling market. Finished on the right side, but God knows how - awful trading really.

 

[Mr. Charts]

And a happy and healthy 2019 to you, too, Jon
Richard

 

[Mr. Charts]

There are always opportunities even on a quiet day like today.