@Scot1andT Do you ever combine your slingshot with a secondary signal? I’m in the middle of a deep dive and finding there’s good follow through when stacked with a pocket pivot or minor breakout.
@alphatrends Get an offer from Carvana. I was surprised to see how much they were offering for my Volt… $1,000 more than I paid for it! Used cars are in demand right now.
@markminervini “Self-trust is the first secret of success.” ~ Emerson
(I believe it’s from the same essay.) A lot of applicable wisdom can be found in 100 year-old text!
@RichardMoglen@markminervini How many trades in a year to get big numbers—lots of small wins or really big wins? Does he hold when b/o doesn’t happen quickly? Best scan to find stocks setting up in next day or so (his trend template is too broad). Talk through a recent entry with specific numbers.
I've moved from "adding more indicators to my charts will make me a better trader" to "remove all useless indicators, moving averages, and noise from my charts." I think that's a big step in a trader's journey.
#TRADINGTIPS#tradingpsychology
@Scot1andT@LeifSoreide I was just studying this chart, too. It got me thinking about scanning for volume surges and tracking movement (consolidation) from that point. I saw an interview with Dan Zanger, he watched for volume 300%-400% above avgv20. This definitely would’ve qualified on the initial b/o.