How to trade:
Take 10,000 hours or ten years of practice/study (whichever comes first) add a crazed desire to succeed and away you go.
So the next time someone asks or someone tells you how to trade have a good laugh and move on.
There are no short cuts, no holy grail, no magic indicator, just hard work and practice. Of course some of that "practice" is going to be with real money. Real money that you are going to lose. Can you survive that?
If the answer is no then find your element some where else.
How Bad Do You Want It from Greyskale Multimedia on Vimeo.
Picked a few (very few) ticks out of the 8:40 and 12:20 bars with the one minute chart. Other than that I listened to strange music and came out of and back into the closet so to speak.
Just another day in paradise.
Oh did I miss anything in the gold market? :)
The sun has set on my vacation so it is back to work on Monday.
Crude oil has been wild, equities have tanked, Brits are rioting in the streets, American is bankrupt, (oh wait they can now borrow more so everything is ok) and Tiger can't hit a golf ball.
Looking back at the charts over the past 3 weeks I think I will be trading the 2 minute for entry and exit rather than the 89 tick due to the increased range in CL.
Looking forward to Monday :)
Oh ya and all you lazy trading bloggers get back to work!