I follow lots of things you can prob see who I follow - but most of all I follow the scans provided by
@Ravgnome every night - they are the truth meter on any given day - you have to look at them for yourself - the price and volume scans can give you a lead as to what to research - read up on the company anncments and have a look at the balance sheet the latest raise etc -
The morning anncements are the daytraders bread and butter - but you have to be quick to read and understand the reason for whatever hype is happening -
IF you procrastinate too long you miss the trade - if you don't understand what is big or good you also miss the trade - it is all a bit complicated and requires a fair bit of general knowledge - if you have a strong understanding of some stuff stick to what you know -
The DT thread is littered with a lot of different characters - some are smart- some are just anti everything - some are pro everything and ramping their holds - a lot are clueless and talk a lot - the old distribution- calls - without any chart proff etc - and a lot of comments - that can be way off the mark -
Learn charts and VSA is always my mantra - that way you can rely on your own analysis and not listen to the noise on here -
It is deafening on some days - other than that - follow the posters that make the most accurate calls on average - that takes time to figure out - it is my view that some of the best posters are the most misunderstood - simply because the ones that hate them don't follow their logic or the charts - so a difficult puzzle
Ignore any poster that spends any time sniping at others - that is a loser - and also they are not focused on trading- simple they are focused on ego and drama - they have not learned to just trade - IMO -
Hope some of that helps you dechiper the long winding road of Dting
), always appreciate your charts and commentary from both, sober or non sober (cracking up to myself here). I suck at charts but trying to learn.
