Replies to post #3926 on 3rd Leg Trading

[C C]

yes sir....allways keep in mind no indicator is correct by itself
like I said
support/resistance is the beginning of the learning curve
S/R gives u a foundation

when I started trading I went on stealth mode on I-Hub and learned how to trade...I thought....and turned $ 15-K into $ 35-K on 3 months....that was when the market was good
anybody could make mopney in the market

the market went sour and I lost it all but $ 6-K in one month
I again went in stealth mode and scanned I-Hub for 6 months with no one knowing I was there....no posting
I learned and papaer traded for 2 months or so intill I began making $$$$$$$ and was correct 75 % of the time

I learned trading off historical ( 15 to 20 years, weekly and monthly charts ) support/resistance points
I began making $$$$$$$$$$ on more consistant basis

you are correct no one is a gur in this market
remember to back up your indicators by using 2 or more indicatiors....no one indicaotr is 100 % fool proof
indicators tell u what the market has done in the past not what it is about to do
indicators do is give u an edge up....not fool proof
even the guys who trade professionally get it wrong


best of luck 2 u


cc