Recent content by ogma

That is an insane amount of indicators. How can you see anything clearly amidst all that noise?

Just trade stocks right now! There are literally big movers almost every single day.

I run scans and look for stocks with morning momentum. I try to only trade stocks with news and that have a low float. Buy on pullbacks. T

I don't think they allow any automated trading on their platform. I like TOS because I can trade everything in one place. Not having robots no longer bothers me, because well...robots are not the answer. Haven't found one yet that can stand the test of time or trade as well as a good trader.

My #1 suggestion is to start off trading on a practice account. Most everyone wants to skip this step and in the end it actually costs them much more time...not to mention money lost. Trade, trade, trade. Find out what works and what does not. Always, always, always as a beginner trade in...

It depends on how big of an account you can build and whether you can trade with consistency. You have to manage risk so don't expect to make a lot of money with a $500 account. Anyone who tells you that is possible is lying. Now traders have started with very small accounts and then slowly...

Price action has been around forever, but it's very easy to get distracted by the shiny object syndrome of fancy new indicators. The basics still work best.

Yes, exactly! To trade effectively you must remove any ideas of hoping for something to happen. This will cause you to take bad trades or hold onto losing trades. Follow the price action or you are just guessing.

Very few have proven track records! They make their money by selling signals.

Interesting, but....there is no attachment for testing.

My advice is stopping looking at indicators as the answer. Instead spend your time paper trading using support/resistance, trend lines, fibs, and 2 moving averages (I use the 9 and 30 but it varies depending on trading style). Learn some basic chart patterns and as a beginner only buy...

Price action is where it's at...will be looking this over to see how it works.

Looking forward to trying this out. I have the same question though...is this V1 or V2?

Hey, thanks for posting this. Hadn't seen it before. I'll be observing to see if current trends still match up or not.

Have you taken a Forex or stock trading course that directly led to you becoming a better trader? If so, what was the name of it? Let's see if anyone actually becomes profitable directly by taking a paid course!