How To Make Money Trading The Markets.

This is a discussion on How To Make Money Trading The Markets. within the Stocks forums, part of the Markets category; Dear traders, I think there is a pattern in this thread: 1. Mr. Charts posts some really nice charts and ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Feb 17, 2010, 7:34am   #901
Joined Jul 2005
Re: How To Make Money Trading The Markets.

Dear traders,

I think there is a pattern in this thread:

1. Mr. Charts posts some really nice charts and shares his knowledge (on his thread)
2. Readers enjoy the comments and ask questions.
3. Rookie comes in, didn't read the thread completely, and start doubting the FREE knowledge.
4. Rookie starts bashing the thread.
5. Other readers start bashing the rookie.
6. The thread dies for two weeks...
7. and mr. charts starts posting some really nice charts again...

Can we stop bashing each other and just enjoy the knowledge on this thread?

Cheers thevinman
thevinman is offline   Reply With Quote
Old Feb 17, 2010, 9:48am   #902
 
Lightning McQueen's Avatar
Joined Feb 2004
Re: How To Make Money Trading The Markets.

good sentiments thevinman

everyone
since mr.charts has no desire to engage with the request from the expert all postings on the matter since his post have been cleaned up, now let that be the end of that discussion issue please.

the expert
i would suggest that if you wish to do so you are most welcome to start your own thread.
__________________
Lightning McQueen is offline   Reply With Quote
Old Feb 18, 2010, 6:04pm   #903
Joined Mar 2009
Re: How To Make Money Trading The Markets.

Hi Richard. I've tried the technique and like the low risk. May I ask how many stocks you monitor typically?
Thanks, David.
David T is offline   Reply With Quote
Old Feb 19, 2010, 6:49pm   #904
 
lbranjord's Avatar
Joined May 2008
Re: How To Make Money Trading The Markets.

Guys, which online broker offers good charting and the ability to trade penny stocks? I hold some high div positions with scottrade right now but I know there has to be something more suitable for cheap stocks and active buying and selling...
lbranjord is offline   Reply With Quote
Old Feb 19, 2010, 9:14pm   #905
 
Mr. Charts's Avatar
Joined Sep 2001
Re: How To Make Money Trading The Markets.

Mr. Charts started this thread
Quote:
Originally Posted by David T View Post
Hi Richard. I've tried the technique and like the low risk. May I ask how many stocks you monitor typically?
Thanks, David.
I start off the day with about 10-15 stocks from pre-market scanning and from reading news stories. I then add more as I run scans during the day. This doesn't mean I end up with a large number as some of them cease moving so I then disregard them.
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
Mr. Charts is offline Coach/Trainer   Reply With Quote
Old Feb 19, 2010, 9:16pm   #906
 
Mr. Charts's Avatar
Joined Sep 2001
Re: How To Make Money Trading The Markets.

Mr. Charts started this thread
Quote:
Originally Posted by lbranjord View Post
Guys, which online broker offers good charting and the ability to trade penny stocks? I hold some high div positions with scottrade right now but I know there has to be something more suitable for cheap stocks and active buying and selling...
I can't help you there as I don't trade penny stocks.
For my purposes I'm happy with interactivebrokers.
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
Mr. Charts is offline Coach/Trainer   Reply With Quote
Old Feb 20, 2010, 10:02am   #907
Joined Mar 2009
Re: How To Make Money Trading The Markets.

I think I tried with too many and missed some good setups.
Thanks, David.
David T is offline   Reply With Quote
Old Feb 20, 2010, 11:42am   #908
 
Mr. Charts's Avatar
Joined Sep 2001
Re: How To Make Money Trading The Markets.

Mr. Charts started this thread
Quote:
Originally Posted by David T View Post
I think I tried with too many and missed some good setups.
Thanks, David.
Hi DavidT
That happens to all of us, I'm afraid. It comes with the territory.
Here are three ideas which might help:
1. Place all the stocks on your watch list in a quote box so you can just click on each one to bring up a chart. I use eSignal but there are plenty of other data providers. With a little practice and limited to just the one method in this thread, you can check on 20 stocks in a couple of minutes.
2. Set audio or visual alerts to kick in when a strongly trending stock is near its high or low.
3. Use another monitor and place the charts of the best looking opportunities on it.
Depending on screen size you can get anything between four and maybe twelve charts on there. You could then tell at a glance if any of them are setting up.

Of course, you might already be using one of those methods, but even if you are, you will get faster and better with practice, as with most things.
Hope that helps,
Good trading,
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
Mr. Charts is offline Coach/Trainer   Reply With Quote
Old Feb 21, 2010, 10:09am   #909
Joined Mar 2009
Re: How To Make Money Trading The Markets.

I have 3 monitors and had filled most of 2 with 'thumbnail' charts. This was too busy and the charts too small for my inexperienced eyes. Trying different trading strategies, I have in fact already moved to 9 charts on a screen which I have found much better. I like the idea of the watchlist and prioritising which I monitor.

Regarding your 2nd point, are you expecting a final surge in the current direction or setting up for moves on the reversal?
Thanks, David.
David T is offline   Reply With Quote
Old Feb 21, 2010, 11:12am   #910
Joined Nov 2001
Re: How To Make Money Trading The Markets.

Before I decided on a more peaceful life, following a couple of favourites, I liked watching the action by looking at the platform instead of all the charts. The number of points up or down kept me in touch with other instruments and I found that I spent less time "gawking" at charts, except the one I was currently interested in. I've often wondered why I have to study charts so much when all I want to know are the latest movements.
Splitlink is offline   Reply With Quote
Old Feb 22, 2010, 4:36pm   #911
 
Mr. Charts's Avatar
Joined Sep 2001
Re: How To Make Money Trading The Markets.

Mr. Charts started this thread
Quote:
Originally Posted by David T View Post
I have 3 monitors and had filled most of 2 with 'thumbnail' charts. This was too busy and the charts too small for my inexperienced eyes. Trying different trading strategies, I have in fact already moved to 9 charts on a screen which I have found much better. I like the idea of the watchlist and prioritising which I monitor.

Regarding your 2nd point, are you expecting a final surge in the current direction or setting up for moves on the reversal?
Thanks, David.
I don't have an opinion about overall direction as that would colour the way I looked at things. I let the market dictate to me dynamically, not my opinion.
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
Mr. Charts is offline Coach/Trainer   Reply With Quote
Old Feb 22, 2010, 11:11pm   #912
 
amit1986's Avatar
Joined May 2009
Re: How To Make Money Trading The Markets.

Great interview Richard!

Amit
amit1986 is offline   Reply With Quote
Old Feb 23, 2010, 9:52am   #913
Joined Mar 2009
Re: How To Make Money Trading The Markets.

Thanks Richard. I misunderstood the context of your 2nd point. I get it now.
David.
David T is offline   Reply With Quote
Old Feb 23, 2010, 2:48pm   #914
Joined Feb 2009
Re: How To Make Money Trading The Markets.

Hello Richard,

I have been reading through some of your posts but not all of it ...yet.
But does this strategy work in other stock markets? Apologies if you have answered this previously
Omoh101 is offline   Reply With Quote
Old Feb 25, 2010, 8:17pm   #915
 
Mr. Charts's Avatar
Joined Sep 2001
Re: How To Make Money Trading The Markets.

Mr. Charts started this thread Thanks amit,
Take care,
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
Mr. Charts is offline Coach/Trainer   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Just HOW do you make money in the markets? Highlander1 Trading Systems 145 Aug 10, 2017 5:36pm
Best Thread: How To Make Money Trading The Markets. Mr. Charts Stocks 707 Apr 28, 2011 6:27pm
How not to make money trading the markets (part 2) Hotch Trading Journals 23 Jan 23, 2011 3:32am
deleted posts from How To Make Money Trading The Markets thread The Expert T2W Feedback & Announcements 2 Feb 18, 2010 11:17am
How not to make money trading the markets Hotch Trading Journals 56 Oct 7, 2009 3:57pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)