Monday, February 16, 2009

Mastering the Trade.

This seems a very good book for me. Focus on setups and market internals. Tangental with my ideas of learning patterns and market psychology, rather than the "Holy Grail" indicator. Excelent ideas on trading psychology. Current takeaways; I need to formalize some of my setups so that I can see which ones are working, and which ones do not. This may lead to trading less, as currently I have a need to be in the market "all the time". That is a pretty bad habit. Perhaps a move to the 5-minute chart would facilitate a bit more patience?

1 comment:

  1. Have you thought about writing a robust program that you could then sell to others? This might be the easiest way to make money from the stock market in bear times.

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