Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
"Never make a post without thinking about it. " That is a quote someone should make.
Not that it is true.
For those who agree that the formula is similar to a top down analysis;
Trading is an accumulation of experiences. They are fun experiences, or angry experiences, or frustrated, or bored, or nervous, or exhilirating, addictive, challenging. And sounds like a lot of experience. But then the next level of courses begin. And the best conceot of those that I have had is similar to the food pyramids I have seen in school or in healthy-living literature.
So all of those experiences come together to form a methodology. And at the base of the trading version of the food pyramid seems to be psychology.
If I am to understand myself deeper, I have to be comfortable with my self in more environments. Stressful environments, like maybe making a post like this. And I don't know why exactly a trader who is good at what they do can have such an interest in also spreading the word. Other than, the fact it is so fucking intense at times that there is empathy. And not referring to myself in that sentence. No, I wish.
I am a year 6 trader. This is as good as it is for me. Maybe you are better, or faster, smarter. Not that I suffer, really, well occassionally...
but more often I struggle. It is a tough fucking world to maintain confidence in .
“Any healthy demand for oil will have to come from Asia or the Middle East,” said Michael
Poulsen, an analyst at Global Risk Management in Middelfart, Denmark."
What a great city in Denmark.
So where was I... Oh yes, oil hit that 94.50 area in a minor H&S top and dropped likw a brick. Now, is has passed the neckline, but nothing is guaranteed. And oil will many times deny it's fate by consolidating. Or, a break above the now RSP is a failed H&S and is a clear signal to go long. I kind of wish price had held overnight, because now we are at MOB point #2, which could bring chop.