Jow Forums let's make a good thread for once and help each others like in the good old days. I'm gathering all the cheatsheets and TL;DR docs I can, regarding T.A and EW principles. I'll try to dump what I have. Feel free to add yours.
>inb4 topic spammed with pink wojaks indicator. I said TA not FA.
Any books/courses/sites u guys used? Im reading trading in zone and like it much, investopedia and babypips for trading but fuck im neet struggling with addictions, god wish I had a clear mind in just inhale the knowledge. Good speed anons
Yes he dumped on a thread a while ago, about RSI, MACD etc., I only took this one sorry.
Luke Rodriguez
To everybody in this thread who feels intimated or appalled by the stuff here:
you dont need fancy wedges and heads and shoulders and cats and dogs and dinosaurs.
learn basic dow theory (trends) and use fibonacci retracements on major moves.
trade the daily, the 4 hour or the 1 hour chart if you feel the need just draw lines on the movements for better visuals.
Aaron Thompson
do you think you could you find it? i'm gonna look too. i remember his original thread ages ago, was good shit.
Thomas Young
it's impossible to predict the next move, it's all a gamble. the only ones making the money are the billionaires moving the markets and whoever's lucky with their gamble.
If only I had read these all! No sorry, I think trading depends mostly on your personnality, so find a method you like and read everything you can about it I really enjoy Elliott Wave approach because it's a neutral one and really hard to master. It's not some magical tool that predict the future, but a pragmatic method to draw scenarios and play with probabilities.
From what I have read and I can recommand: - The New Trading for a Living great trading advices in general, and some explanations on each indicators - Elliott Waves - A Comprehensive Course Quite exhaustive reading about EW
Xavier Harris
>it's impossible to predict the next move, it's all a gamble no shit? Anyone telling you otherwise is a fucking clown. TA is not about predicting moves, but use probabilities in your favor to take good trades. When you'll get this, with a proper risk management, you'll make some money, even in this corrective market.
Or you can just be an investor and hodl, but you have nothing to do in this thread.
Christian Collins
how do you get the profile volume on the side? what is that indicator called?
Trading the daily without consideration of how many trades your making is a good way to get flagged for day-trading. Not all of us invest more than 25k. Good advice just side not it with >don’t trade in-and-out in one stock in less than 24h more than 4 times a week
Hudson Nelson
Why are you so stupid and ugly, mentally and physically damaged both here and in reality? I have literally never seen you post anything remotely intelligent, original or funny here. All you do is shit up the place with you 8 syllable sentences and let everyone know it was indeed you who dropped that turd of a "thought" on this board. Thanks to you I have started to advocate for euthanasia to be accessible without any specific reason to everyone, so you could freely end your existence on this planet, because you will NEVER EVER find happiness nor wealth with your cruel handicaps. Everyone wishes you were dead, ESPECIALLY your family, nobody loves you and nobody likes the idea of having deranged cripple who only produces debt, misery and uncertainty in their family. They might never say it out loud but everytime they look at you they wish you would die already and would stop being a baggage of depression to them. Do one good thing and end the suffering for them and for you. Kill yourself.
Nolan Johnson
Really it’s a game of statistics Sure you could: >be billionaire >use large buys to shift market perception >dump large amounts at once and make normies sad But it isn’t really feasible, the best way for walletlets like you and I to make money is statistics >let’s say 50-50 chance stock goes up or down >make loss cut-off line -3.5% >make selling price >3.6% >you’re already winning Not to mention if you study market trends you can turn the tide so that it’s more like 55% chance of rise, 45% chance of fall. it’s all fucking numbers, there’s a reason we view it in chart format.
Not TA related, but for all of you fuckers struggling with machine lesrning in finance heres a tip. Before you even feed any inputs into your model think about how you could reduce or eliminate any temporal effects. In other words try changing the sampling process from a time based one to something else. Ideally what you want is something as close to IID as possible. > t. derivatives quant