Hello to all of you. As i am in another time-zone it is mosttimes not possible to communicate with you online. Besides my native language in not English, so it takes some effort to understand some of what is written. However, i follow this thread with much interest, as it is about the truth in trading. When possible i drop in something (i hope) usefull. Stockmarkets were not invented for small gamblers/investors (now i understand it is gamblers!) like us. However they like the pickpocket we offer.
When googling the phrase "if the most recent price for a stock is equal" i found the whole document about $TICK. I advise everybody to do it and read it. It is just one A4. What i understand is that it is lagging 6 Sec and it is not telling the thruth. Like most data supplied by the market authorities. Why do they act like this? To hide the footprints of the elephants. The elephants do not like to show what they do. Our gambling should become very easy if we could see their cards open. As the elephants are the main customers of the market institutions, they are allowed to act as they do by the authorities.
I like googling a lot with the clues the Expert gives. So i found an aussie site which claims to be the only one publishing about the real game played at the stockmarket and a simular education traject the expert offers. It is about 26 pages very interesting, loaded with stuff. WHY TA DOESNT WORK (due to limitations of our brain, wrong pattern recognition, etc. It states that after the first publications about how the elephants work, these elephants changed their methods, to become invisible again. Other gamblers on this site can google for camron(dot)com(dot)au.
TE, can you explain again why to trade the us markets? My answer i can think of is: more fish in the sea and it is the market the other stockmarket follow. Good liquidity. What i see in Holland is morning gaps due to market movements in the US during closing hours of the AEX. It takes a bite in the tradable range. if there are any more reasons, i like to hear it.
TE, i like to become one of your students.
The best approach i could think of up untill now is: Screen 5 min, 30 stocks with liquidity, (respectable range), about 5 bars. Find a stair and jump. Thight money management. Mental state: Anything can happen. One of the things you made me see is that range is important. So i added this.
TE,
Q1: I need about € 1800 a month and my trading capital is about € 18000. Is this enough to earn a living with your help?
I have a job however. I am my own boss and am out about 3 days a week. I can reschedule to 2 days. which gives me plenty of trading opportunity. When profits start to run i can reschedule even more. US Market starts about H1500 afternoon.
Q2: Your learning curve is about 3month parts, and then the following 3 months, etc. Are you commited to help ourselves that long a period?
I opened a CFD account WH Selfinvest) 6 months ago. Did only papertrading however. I want the best approach. So is how i found you! Thanks for that.
