Here is an easy to follow template. Similar to Guppy MMA only - in my opinion - more simple for those who understand how BB's work.
I have named them MBD - for Multiple Band Deviations.
The template is specificallyfor 1m scalper chart traders.
The alert is for ease of trading.
If trading longer...
Glad to be of help - we aimed for a minimum of 5% per month so it concentrated the mind to investing.
It was easy some months and with the target it gave a good breadth of conversation - and competition.
Good luck.
TEAMTRADER
There was no charge and I cannot recall if it had a specific name like community but I am sure they will have changed the name as ours was taken out in the 90's and we dissolved in the mid naughties.
TEAMTRADER
It was the seniors section of our golf club and it was a current account as we needed access to payments every month - similar to our investment account when all the members paid £100 minimum per month into our 'cash fund' prior to buying and selling shares. We had strict rules about stop losses...
No, not an investment club but a bank that held deposits from competitions etc from the golfers that the treasurer spent on the necessities, prizes etc.
It is a very similar set up to when I was signatory to the Investment Club.
TEAMTRADER
This is strange. I was treasurer of our golf club section and was the sole signatory but I reported to the committee monthly. All the funds were under the name of the Golf Club. Maybe this is a way forward for you.
TEAMTRADER
I used to run an investment club way back in the 90's and it appointed a Treasurer (me) and all of us were neighbours and friends so with our monthly meetings I was able to report how the stocks were doing and whether or not they were sufficiently profitable to sell at the profit or the others...
I agree with the suggestion of sub forum/s that are specialised in day trading because -
1. T2W is for traders who need to win rather than lose - it is to me fundamental in the name of the site.
2. Those who do 'day trade' have differing strategies and there is not one of them that are perfect...
Well let's see if this is the top - but waiting till the open of the Dow. No entry yet as there is a substantial amount of momentum.
TEAMTRADER
PS
First check failed and second check in place before entry but masses of momentum.
PPS - Sell divergence in the upper (5m) TF.
PPPS - Still...
No. The very scientific reason is that I had a pal that worked at a broker and they know where the stop losses are placed and can, if they so chose, spike a price to take out the stop losses. Altjought that was 20 to 25 yrs ago and brokers are not allowed to do that it is something that I...