Morning Traders 27/02/2020

  1. 6,340 Posts.
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    Thanks @highlandlad & @ttward

    9:52am - I sometimes wish the average person who doesn't trade could grasp my level of excitement for seeing such huge panic selling on the Dow Jones. There's just so much that can be said about it.

    Trading Tip - There is no holy-grail indicator, nor does any combination of 30 technical indicators together provide you with one. If you're making messy and unreadable charts, you're not impressing anyone who knows what they're doing.

    Trading Quote - “Losses are necessary, as long as they are associated with a technique to help you learn from them” - David Sikhosana

    Trading Video - Fibonnaci basics for beginners: When you start out, don't try to rely on the fib tool alone, you'll be coin-flipping. Pair it up with other TA indicators if possible, or even better try to understand the FA and/or the value of the stock you're trading. It will make picking fib levels significantly easier:

 
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