bull/bear , i dont wear either coat . im a trader my bias changes like the wind , if yours doesnt maybe you might want to look at investing or term deposit . my bias can be conflicting on different time frames . just trade the one that aligns with the time frame you are trading in . the market goes up and down and i like to catch both moves if possible and i have been . dow this week has been amazing for me nailing tops and bottoms within small margins over large ranges and it feels good . JD ,jaolsa , treggs and a couple others been doing same . getting a feel for market flow takes experience that is really only gleaned from years of chart gazing . can of worms i know , there are thousands of books on TA . very few if any will ever teach you how to trade . ive been down this road . PRICE and TIME ... all you need . the holy grail is your own mind not some nondescript wiggly line . as for the fundementalists out there . find the fundementals and use charts to fine tune entry and exits . when your wrong your wrong , its never the markets fault . if you experience severe drawdowns i suggest you need help defining when you are wrong and what to do about it . entry really is everything as it defines the point at when you become wrong . the better the entry the risk can be reduced . patience is needed , wait for market to come to you , if it doesnt other opportunities will arise . i have on occasions sat all day at screen and not made a trade . sometimes the best trade is no trade , if setups arent forthcoming dont make ones that dont exist . im of a belief that you need a certain type of mind for being a chartist . in IQ tests my pattern recognition skills are quite often 100% , i have a strong understanding of maths , was a distinction student in high school maths . ive tried to teach some people and they just dont get it . just not quite wired right . i see a lot of people studying trading like its some form of quantum physics . it isnt easy sure but it isnt that hard . for those who aspire to be a daytrader dont get caught up in cycles and day counts , your universe is the days session and quite often only the minutes in front of you . focus and discipline , if you need to come to HC for reinforcement of trade plans you are not ready . posting here is to kill time not for tips or trades . ok killed some brain cells back to the boredom of trading . by the way once trading becomes boring you have probably made it ;-)
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