Recent content by Chad Seven

Those are all good points and ones I have thought of myself. Thanks. On your point of it being more difficult to short are you referring to the process of borrowing the stock and the related costs or you do mean it is more difficult to short because the stock market has an upward bias...

Looking back through this thread I was trading some really trash setups and still managed to come away with ~£9k over five months.

White bars far more easier on the eye than those horrific red and green candles I used to use.

Not trading this week and if I were I would not be taking this Nike setup. Nice ascending wedge but earlier spike rejected at a long term resistance level (circled) making this a low probability scenario.

On the matter of psychology this is an absolute must read/listen. I don't know if positive thinking manifests in particular outcomes coming to fruition, but what I can say with absolute certainly is that identifying and dealing with negative thoughts has made a huge difference in my life. If...

On a philosophical note often wonder what is behind this tendency of the market to go from periods of consolidation to expansion. Even if I were not able to take advantage of such a phenomena (note: I can and will) it is a real phenomena.

Ah yes, also a consolidation pattern pattern must have formed over a minimum of 100 bars to be a valid setup. Few and far between in my old list of instruments but plentiful when trading stock market. On the subject of my old instrument list... WTF was I doing trading Bitcoin Cash and Ripple...

The theory behind the taking partial profit at 0.6R is that most of these setups do make at least a brief strong move in the predicted direction, so if I capture that early gain I cut out a lot of losers. There is trade-off in that the further gains are proportionately smaller in size in...

Example of the TTM Squeeze. The green squares on the indicator denote where the Keltner Band is within the Bollinger Band (or is it the other way around?), the more green squares the more squeezy we are. Now I would have taken this trade even if I didn't know about the TTM Squeeze (and if my...

Advantage of the switch to stocks is with an instrument universe of thousands I can choose to only trade the very best setups whereas before with more limited opportunities there was a temptation to take inferior setups. Something I noticed in my earlier trading in this thread is that the best...

Exciting news, this thread is going to make a comeback in the new year. Same principal but: Better capitalised. I have made small adjustments to the stretch and stop calculations Taking money off the table at 0.6 x R for a "free trade" Trading stocks. Pattern to have formed over 100+ bars More...

If you trade using some form of technical analysis then at any given time, on any given time-frame, there will be a stock that is exhibiting the exact behavior that satisfies your criteria. Given the above, why the fascination with forex/commodities/index futures and crypto?

Thanks. Looks like I will have to make 500k.

My spreadbet broker provides a professional account option which is attractive for the lower margin requirements relative to standard retail accounts. I expect other spreadbet brokers have a similar structure. The criteria to qualify for a professional account is two of a) trade at a reasonable...