So far no trades had kept me awake at night until this one. It wasn’t about the trade setup, news or anything on the chart.. it was about risk size. Because NFLX had a similar drop just before FB on similar reasons (less user growth) but spiked back up quickly on the same day leaving […]
Author: Markus
Similar to John Murphy’s book about technical analysis, Martin Pring also does a good job on teaching the most classical charting practices, patterns and indicators. Topics discussed in this book are: trend tools and techniques, market structure, different types of technical analysis, seasonality, cycles etc. Martin Pring is also a contributor to Stockcharts.com blog where […]
Probably a must read if you want to understand technical analysis, all the chart patterns, different indicators, charting etc. – this book is all about this.. and more. John Murphy is a highly experienced technician in financial markets, he has published several books about this. Somehow I got to this title and understood at once […]
Trade your system, not the news
I’ve done 35 trades in the US equity market since my post in early March, most have been on for a few days. So how have I done… not too bad but learning. I’ve had wins and losses. I cut my trading account in half after realizing the higher the amounts involved the more emotional […]
Talk to other traders
I was listening to a podcast episode from Äripäev (local business magazine) the other day and a guy from Elder’s online group SpikeTrade was recommending to join. I have now joined SpikeTrade.com and exploring the content. There are over hundred members submitting weekly stock picks to a friendly competition where you can see others’ ideas […]