MY OBJECTIVE FOR THIS MESSAGE BOARD
In the world of sports, it's the job of the general manager to put together a team where the members complement each other's talents and abilities. The better the team talent complements each other, the better the odds of fielding a winning team.
When a team has the perfect set up of complementing players, it doesn't always mean they will win a championship. It does mean that the odds favor them of having a winning record year in and year out.
In the game of investing, technicians look for the indicators that complement each other to improve the odds of producing a winning record. They won't win every game but, like the world of sports, your wins should outweigh your losses when you put together a team whose indicators complement each other.
My objective here is to present chart set ups that over time, produce winning records. The stocks presented in the "STOCKS TO WATCH" messages are presented to show the technical set ups for buy and sell decisions. It's those set ups that one should look for in the stocks they are interested in.
It is my hope that we not only learn how to gather a group of complementing indicators, but a group of complementing traders and investors as well. It is my hope that we learn from each other and perhaps discover the similarity of lessons learned, learn from the experiences we share and come to a conclusion on how to put a winning team or trade together. ----------------------------------------------------------
A PERSONAL MESSAGE TO THE BOARD: Message 21194027
BLUE PRINT FOR 100% MOVES IN A RELATIVELY SHORT TIME FRAME: Message 23416616 Message 23417628
DEVELOPING A TRADING SYSTEM: Message 21549869
FUNDAMENTAL VS TECHNICALS: Message 21902775
THE BASICS OF SWING TRADING: Message 21502246
CLASSIC SWING TRADING (well defined): Message 22108160
SWING TRADING: RULES AND PHILOSOPHY: Message 22108190
THE FOUR STAGES OF PRICE MOVEMENT: Message 23396642
THE SEVEN DEADLY SINS OF TRADING: Message 22004897
10 COMMANDMENTS OF TRADING DISCIPLINE: Message 22192017
A GOOD TRADING SYSTEM: Message 21982922
THE PROBLEM WITH SWINGING FOR THE FENCES: bigtrends.com
THE ESSENCE OF TECHNICAL TRADING: Message 21424570
10 RULES TO RISK MANAGEMENT: Message 21419541
RISK MANAGEMENT ... Re: AVERAGING DOWN: Message 22108009
IT'S HOW YOU PLAY THE GAME THAT MATTERS: Message 20859480
THE BIG SCORE: Message 20885317
HOW WE DEFINE MONEY MANAGEMENT: Message 20681610
MONEY MANAGEMENT: Message 20743397
MONEY MANAGEMENT MATTERS: Message 22317815
PROPERLY SIZING YOUR POSITIONS: Message 21813520
TRADING WITH DISCIPLINE: Message 21353980
SIGNS THAT MAY SHOW IMPENDING DANGER FOR YOUR STOCK: Message 20718173
RULES FOR TRADING: Message 20740212
HOW TO ENTER A TRADE: Message 20828296 Message 20936937
RETRACEMENT INTERPRETATIONS: Message 22003826
HOW TO MEASURE RISK AND REWARD: Message 21134811
GUIDELINES FOR PLAYING GAPS: Message 20742245
BALANCE OF POWER: Message 20785345
MOMENTUM BREAKOUTS via MOMENTUM BANDS: Message 23424230
ACCUMULATION VS. DISTRIBUTION: Message 21042700
COMPARE AND DESPAIR: Message 21113295
SURVIVING A SLUMP: Message 21149041
SETTING UP YOUR CHARTS: Message 21149661
SMALL PROFITS MATTER: Message 21266332
KNOWING WHEN TO TAKE PROFITS: Message 23335959
TIP & TECHNIQUE - PATTERN RECOGNITION: Message 21525412
------------------------------------------------------------
A WORD ABOUT LOSSES: Message 20758122 MORE ON STOP LOSSES: Message 20829980 PLAYING OFFENSE AND DEFENSE: Message 20874783 SURVIVING A LOSING STREAK: Message 20916353 PRESERVING YOUR MENTAL CAPITAL: Message 21127986 LOSING YOUR MONEY AND YOUR OBJECTIVITY: Message 21449583 EXIT STRATEGIES: hardrightedge.com Message 23315265
STOP & GO: Message 21184098
HOW TO CONQUER FEAR: Message 20928741
PSYCHOLOGY OF RISK - LOSSES vs GAINS: Message 20965253
THE MINDSET OF THE SHORT TERM TRADER: Message 21190679
HOPE - A DEADLY WORD FOR TRADERS: Message 21500284
THINK LIKE A CHAMPION: Message 21785057
RECOMMENDED READING: Message 22278288
TRADING PLANS AND SCANS: Message 22325929
TRADING SKILLS VS. POKER SKILLS: Message 23537482
========================================================== HIGH PROBABILITY SHORT TERM TRADING STRATEGIES:
3 to 5 Bar Drop buy setup: Message 20766476 Message 20919678 (expanded explanation of the original message above.)
THE CUP AND HANDLE Break Out Pattern: Message 20801724
========================================================== After Hours Quotes: cbs.marketwatch.com
Pre-Market Movers: dynamic.nasdaq.com
Futures Prices: mrci.com
Gold Quotes: kitco.com
Earnings Announcements: biz.yahoo.com
Economic Calendar: biz.yahoo.com
Federal Reserve Board: federalreserve.gov
Industry Rankings: prophet.net
Upgrades/Downgrades: cbs.marketwatch.com -------------------------------------------------------
For those who wish to find an excellent charting service and stock screening platform, I highly recommend TC2000 or TCNet.
TC2000 is limited as to the options available and their data is delayed. However, for those who strictly go on end of day data, this service will suffice.
TCNet offers real time data, including intra day charts. They offer real time chat with professional traders and offer buy and sell plays daily. You can join a club, they have over a hundred, that share the same goals and objectives as you. I happen to belong to a club called First Wave and it is the most professional chat group I have experienced to date. They have live chart shows 4-5 times a week and they have CD's you can purchase to show you how to make money in an up and down market. I highly recommend that anyone joining TCNet, join the First Wave Club at your earliest convienence. I don't make a nickel off this. I have checked out many sites over the last 6 years and this one impresses me the most.
Here is the site to TCNet: wordenresearch.com
Please feel free to PM me if you have any questions. --------------------------------------------------------------
DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. All individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for stock observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the stock observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. |