The market pushed down hard, but the key level is not broken.
Until we gain a foothold 1290 on S&P 500 – the sausage will continue.
It's better not to keep overs at a time like this. – the main thing is at least to take money from the table during the day.
I prefer not to trade at all on such days, or hold only a couple of the strongest poses..
As a result, AOL threw off part of the position at the close – let's see, what will happen today
In the comments to the previous post, I was asked the question `` do movings work or not ''.
My answer – Yes, Work.
They are worked out very often and it is better to have them on the schedule..
I want to note right away, that this is NOT the MAIN signal.
But only an auxiliary.
When you see, that the stock went up, then it rolls back and sucks, the presence of movings as support for the base significantly increase the chances of the continuation of the upward movement.
If a stock falls and sucks under movings – good signal to short.
If the stock fell and fell on movings as support – I would wait until she breaks them.
The same is in the situation, if the stock is up, rested and defends under movings.
I hate going against moving averages.
I do not urge anyone to do as I do.
This is my personal opinion.
If you liked it – in no case immediately rush to do the same.
Calmly test, see how it works, and only then add to your vehicle.
Py.Sy. I use 20-50-200 simple moving averages. They work best on daily and watches.
They also work well at 15 minutes or less., but still work, at 5 minutes.
I also want to notice, that each stock has its own character.
There are stacks, which perform well moving averages, there are also, who don't do it the first time, but then the implementation goes anyway.
But there are also those, who do not care about movings at all.
Be sure to pay attention to this.
It will also increase your chances of success..
Banzai!
AOL continues to delight little by little.
So far nothing has been covered, let's see what close will be.
Also took BGS on the breakdown of yesterday's hay.
I really wanted to publish one quote, alas, I don’t remember its author.
“I used to love summer… but then I realized, what if you have money –
summer can be all year round. Now i love money”
Py.Sy. I will be grateful, if you say, whose words are these.
Stock exchange is a freaky place. You can earn, when everyone loses…
But at the same time, you can lose, when everyone makes money.
Newbies are often told `` thoughts with your head ''. Some people don't heed this advice., but someone still begins to think independently… Time passes, the trader is growing, more and more acquaintances appear. The influence on his thoughts from the surrounding traders is increasing… If you do not notice it in time and do not learn to not pay attention – can suck… It happens to many. You lose your style…
Getting out of this state is very difficult..
How not to get into it? How to keep your own style? Who the hell knows…
Come up with yourself :)
Main – be aware of everything, what's happening.
And even more important – do not forget, what big money can be made and, main, save only if you think with your own head.
P.S. don't forget to have a good rest… Otherwise, you will not succeed on the stock exchange… The stress and problems will just crush you.
Yesterday the market broke through the annual high.
As usual, there are two options for the development of events – or up or down (small pullback and consolidation in a new range) :)
I still want to collect longs after a rollback, so i, I guess, while I will reduce the number of poses.
For which day I want to go to the cinema for .
But I don't have time for everything. Damn difference in winter time transitions between Russia and America.
that is OK… The weekend is coming – so let's take a look, sir :)
P.S.. unsubscribe – how do you kinzo.
At first, one of the main negative points in prop – the likelihood of succumbing to mass stupidity.
Especially if you have traded before in a narrow circle of people or alone.
Lesson learned – ear plugs :)
