IXR 14.3% 0.8¢ ionic rare earths limited

IXR Charting & T/A, page-1161

  1. 3,940 Posts.
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    just before everyone chastises charting without the inherent understand of how it works.

    it's statistical probability on sum of outcomes. i.e a good trader might only win 40-60% of the time. if they make bigger wins than they do loses you can make a tidy living from this.

    Actual profits are then simply a function of number of trades and bankroll.

    This is the idea of how trading works, not making 80-90% of accurate calls.

    I use longer term timeframes like monthly and weekly to time entries and free-carry positions. I don't get them right all the time in fact rarely get the tops and bottoms exactly right. i do however make better informed decisions about where a top or a bottom is and can sense check a decision against what I know to be occurring fundamentally.

    I've stated a few times about even my personal investment style. Deep research to find the stocks, long term charting techniques for timing buys/sells in the stock.

    SF2TH
 
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