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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (879)11/15/2005 1:19:18 PM
From: sean sanders  Respond to of 967
 
hehe wish it were that easy :)

I'm making headway into developing a trading plan. I still need to work on some moneymanagment and for sure exits; but I feel that my plan is getting more soldified.

I think that will help things alot. Emotion comes too much into play when you trade; memories from the past and thoughts of the future. If you can get your plan ahead of time you can be more relaxed and trade better.

Kind of how the do in sports ... practice practice



To: Casaubon who wrote (879)11/16/2005 11:11:07 AM
From: sean sanders  Respond to of 967
 
This usually happens with alot of analysis I do; ie DOW
I thought it was going to do the h&s on the 30 min. But when it reversed some yesterday I thought oh oh and exited and didnt look at it again.

Today it tanked hard. Hit my target and then some.

When I look at the chart is look quite good; this lets me know I need to keep working on my trading (got things to learn).
5/15/30 min charts of the dow


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