Recent content by BanditDJB

Hello Yellowlion, I have been reading your posts and I see I have much to learn from it. I would like to join in your discussion from time to time if that is ok?

Practice. And, Once you make a rule for yourself don't break it. Don't make the same mistake twice.

Thats what I do. When I have a good run I get brave and then lose it back. So when I make money I stop trading for the week and start fresh the next week. When I miss a good trade while I'm off It just raises caution for me when I start to trade again and hopefully send me on another good run.

Oh, I see now. I can understand what they mean by price action now. Now that I think about it that is what I look at first and I use the indicators to make me feel confident about jumping in a trade. Thank you for clearing that up for me. I'm still catching up with the trading lingo.

I hear everyone referring to "price action". I am a new trader and I am wondering does price action refer to the direction of a trend or how fast a price moves? Or is it volatility or something else that I am missing? This is probably an elementary question but I am teaching myself to trade and...

Hi, I'm in the learning phase of my trading and I hear people talking about "price action". What is price action? Is it the direction of a trend or the speed at which price moves? Or is it something else that I am missing? I would really appreciate your input

When you refer to price action, are you talking about the direction of the trend or are you talking about the speed at which the price is moving? I don't know if this is a dumb question or not but I want you to know I do appreciate your help and talking to me about this.

When I analyze I draw my trend lines and support and resistance lines and those help out alot. That is usually the easy part of my analysis. You see what s going on with my trading is I see a trend and jump on for the ride making a few pips to my advantage. But when it goes from trending to...

Well These are the indicators I understand. Do you have better indicators that might be more efficient? I am always open for suggestions because I do believe I need more to go by. And yes I am working on understanding the news and important releases but I don't have the experience to make...

I use the bollinger bands, RSI, SSD, MACD, SAR, Candle stick analysis,Parabolic SAR, and ADX indicators. I know they all lag just a little with the MACD probably being the worst but what do you think the hierarchy of importance of these indicators are from strongest to weakest. Meaning what...

Hi my name is BanditDJB. I have been trading for about a year and I am still trying to find a strategy that works for me (my personality). I have tried a few and I usually triple my money and then loose it right back. I am on this forum to understand other strategies and look for new ways to...