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Re: royg1927 post# 25756

Friday, 10/16/2015 1:56:19 PM

Friday, October 16, 2015 1:56:19 PM

Post# of 52666
I have read/studied technical charting for years actually....totally realize that you are trading blind without some understanding of at least some basic concepts. I have read stock charts lessons on most all the topics. Most recently re-read the info on candles and paid most attention to the price/volume concept. I know you are big on that and I agree it's important. Problem is I struggle to identify real reversals vs headfake moves even watching the volume on those moves. I have MACD, Williams r, rsi, price volume, parabolic sar, slow sto , bollies (10 and 20)set on my chart. It might not seem like it due to my utter failure but I actually do take a very focused look at these things to try to make good decisions. Lots of days I'm not trading but watching other trades on the board and looking for the setup that may have triggered that traders decision. I analyze and make a mental determination if I agree or disagree and then see which way it goes. Like would I make that trade or not, mental trading. It's funny I'm better at predicting the outcome of someone else's trade than my own but having no risk helps you see more clearly I guess.I don't have PM on ihub but maybe I can give you my e-mail so we can work on it. Any and all help is appreciated.

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