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12-15-2014, 09:35 AM
Post: #41
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Hi Gixxer, I've been day trading for a short while and would love to see what info you have to share that you mentioned. The stuff you shared already has been great :)
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12-17-2014, 09:30 AM
Post: #42
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BTW, I'm trying to learn Fibonaccis and I just don't see the patterns [img]http://i.gyazo.com/0598bb2ed1a8a6aa2abf209e1bb73ac4.png[/img]
Where is it making sense? Thanks |
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12-17-2014, 01:19 PM
Post: #43
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No one, AND I MEAN NO ONE can beat Wall Street!!!! Whoever is pushing this pipe dream is DELUSIONAL! They have hyper speed trading so if this sucker is selling you the Brooklyn Bridge, DON'T BUY IT!!!
Like they say, THE HOUSE ALWAYS WIN! Wall Street is nothing but one big gambling casino and they don't give a F*** about you! And they'll rob the shirt and everything else. I know, I used to work there and all they care about is taking you to the cleaners AND BEYOND! |
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12-17-2014, 01:56 PM
Post: #44
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Any one with new coupon of this or can share please
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12-17-2014, 02:02 PM
Post: #45
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new coupon
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12-17-2014, 02:22 PM
(This post was last modified: 12-17-2014 02:24 PM by gixxer2012.)
Post: #46
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So, I like when Knight Capitals program went off by accident and they couldn't figure out where it was coming from cost them 10mil a minute. lol
http://www.motherjones.com/politics/2013/02/high-frequency-trading-danger-risk-wall-street Whatrat it looks like it may be sideways market in that little piece of pic, you want to learn trending higher highs or lower lows and reversals like you are watching a trend you see a higher highs and higher lows, then use the fib to find the retrace of the next higher low, when you see it break the higher low and make a lower low and a lower high its turning into a down trend, when you see it mixed its sideways. Anyway if you watch charts you will understand what you see in time, it don't come overnight [img]http://i57.tinypic.com/4rsxmh.png[/img] [hr] you guys are crazy with the coupons, your better off with a lottery ticket lol you cant beat wall street and if you get good you just make more than you lose, risk management is how you stay alive to see another day! |
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12-17-2014, 03:06 PM
Post: #47
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Whatrat thats how i would have traded it, but before that happened i will try to explain what you whould have been seeing first to maybe help you understand it better, the picture is not complete but i'm guessing it made a lower low for the example.
[img]http://i57.tinypic.com/nf67vt.png[/img] |
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12-17-2014, 03:29 PM
Post: #48
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got to love the 38% so many traders use fibs it becomes a self fulfilling prophecy, i only use 38 and 50 sometimes in a strong trend its only bouncing off the 23.
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12-18-2014, 03:35 AM
(This post was last modified: 12-18-2014 03:37 AM by Ice Glass.)
Post: #49
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Thanks for that Gixxer, I'm still trying to understands Fibonacci as it isn't clear to me yet but I'm sure in time I'll see it better. This chart was from Yesterday's DOW, the markets were going crazy, 300 points up then 300 points down, and that was during the afternoon doldrums! Maybe because it's Xmas the charts are not clearer like usual, I prefer intraday trading too.
[hr] Mostly I prefer in the mornings to trade. What setup do you look for in the mornings before you go in? |
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12-18-2014, 03:49 AM
Post: #50
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Yes Christmas holiday are not good for me anyway ( i stay out at this time) take a break and start the new year, and you can lose your shirt in swings like that. One minute your in a good trade and bam it turns and takes you out.
I only do am if i see a good set up if not wait the next day, over trading was my problem. Go back to post #22 i explain what i use..  |
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