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MidnightTrader
2
MidnightTrader Mar 14, 17 9:07 PM

Thanks Bob. Another very clear explanation just like TG. As they say, trading is 20% technical analysis and 80% psychological. Being a black/white personality type I have found it very hard to pull the trigger on long positions. I am hopeful your watch lists where you set price targets will give me that extra bit of confidence to pull the trigger on long positions.

Turbobob
Turbobob Mar 14, 17 9:26 PM

It is just a ratio that is found by dividing the reported short interest by the 100 day average volume. If only shorts were buying and the all covered that is how many days it would take them to cover. A number less than 5 probably won't have much influence. 5-10 and a catalyst should add momentum to the move. Greater than 10 and a catalyst - let the fireworks begin!

Turbobob
Turbobob Mar 14, 17 9:28 PM

Kenji - Yes, but that and the soft makrets made me more quicker to sell. Except for the last piece which I had taken most of the risk out so I let it run.

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friesian
1
friesian Mar 12, 17 11:51 AM

WOW ... thx a lot for sharing this. Although it is very helpful I think that everyone who gains success like you, will have to experience it himself in one or another way. But having read stuff like this before might help to learn faster. So BIG THANKS for this. Hopefully I will be as successful one day. Keep on rockin!

CalebDeMoss
CalebDeMoss Mar 12, 17 2:38 PM

William Gann is my nigga :^) Also is cloud nine anything like cloud eight? :thinking: IWAWO gucci post fam! :D

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Hfidad
1
Hfidad Mar 05, 17 6:09 PM

I think it's a good list and good research! And for someone to tell you to focus on your trading well.. yea maybe you should just watch one person and wait for their list and decide if it's for you. Lol that seems lazy and like a follower to me but anyway be a leader not a follower and put up more if it helps you study!! Study hard!!

ea9
ea9 Mar 05, 17 6:14 PM

@Hfidad Everyone has there own preferences when it comes to trading! Thanks for the feedback man, really appreciate it! It's all about the dedication and study if you want to make it as a successful trader!!

Hfidad
Hfidad Mar 05, 17 6:18 PM

To true! Studying now getting ready for a new week hoping to not make same mistakes! Have a successful week!

ea9
ea9 Mar 05, 17 6:21 PM

@Hfidad And to you dude - best of luck for the week.

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