Disliked{quote} Thanks for sharing all this but it’s too much information for me and I couldn’t trade like that. Hopefully it’s helpful to some other people here. Personally, I’m looking for a very clear/objektive daily trading plan that I can follow either in a manual or preferable even in more systematic/automated way. I already told that reading charts on my own discretion day in and day out won’t help me much missing 99% of the real important things. I name a few things. - Which markets to trade. Is one enough or does it need several? - How much time...Ignored
You're trying to trade, failing to crack it and even when you are handed a gold plated method to win and make money, you discount it lol
The method is MECHANICAL - yes you use TA - everything apart from when to trade it can be pre-set as per your list, cycles don't appear exactly at 10am or 3pm - they vary, which is the part that you'd need to have an alarm or whatever
The markets aren't doing what your head is telling you they are doing, they are working out to organised systematic movements, that a trader can exploit, but you have to have some sort of system to watch or search for them
I've yet to meet a trader or Investor that has made money by not following trends, because its actually impossible in the traditional sense, but there you go - Its a bit like getting into a car and saying I want to get from here to point B, but I don't believe in road systems or mechanical transportation and expecting to get to point B somehow!
You cannot go to the market and tell the market what you want, when you want and how much, you have to wait until the market gives it to you and that might be anytime during the day/week, month or year - It would be perfect if we said right this month I'll trade xxx stock take 3% out of it and I'll do that between 3-3.15pm on a Friday then stop, markets don't do that, YOU work to the markets, that's when you win
You determine all the answers to those Q's - to suit you
Anyways good luck in your bid to crack it
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