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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

Rant Topic: Canadian Bullion Storage IRA Update - Andy Hoffman -

When I was a newbie I found it most difficult to get a grip on that cup and handle. :)

That aside there are plenty of books,articles etc explaining all things technical when it comes to trading.
I suggest you absorb all of them thoroughly. Then forget them. Maybe develop your own.

I trade from charts only and I use no technical indicators and /or patterns ( except Bollinger Bands) so as far as I am concerned they are of no real use.

I use a plain bar chart and I go with flow up or down in accord with price action. I set stops and never a target because I don't know where a market price will go. Price action takes me out of trades.

I spend more time writing comments on this site than I do watching markets or trading.
Mostly I trade end of day.

Most traders wipe out their entire account in a year so be careful. Trading is a business and you need a business plan.
Best wishes SW.

PS I find spread trading to be profitable and historically and statistically valid.
Recommend...Bollinger on Bollinger Bands and Moore's Research

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Beginning of the headline : Often, I am so disgusted by what I see that I need an afternoon workout to consolidate thoughts before writing my daily wrap-up, which is precisely what I did today.The level of across-the-board market manipulation and propaganda was so heavy today; it felt like a thick fog over a London pier, or better yet, THE FOG... Read More

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