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Hello
Hello to everyone, and thanks for a great forum! I have been reading on the site since about April/May, in the spirit of listening more than talking, but now is the time to say hello and make some contributions.
My background: from 1987 - 1998 traded FX, unfortunately only with moderate success, but learnt a lot. 1999 - 2002 equities. In 2003, and to the present, I went into a "real" business - leases, employees, the works:mad:.
Am now back into the financial markets, but only part-time while I try to disengage from the "real" business, hope to be full-time soon. I trade Australian equities through a DMA CFD platform; great leverage, but need to use it sensibly.
This is a great forum! Lots of information, and not much name-calling! There are some other great forums out there but the name-calling and general level of aggro can be offputting, not to mention time-wasting. I have learnt a lot from this forum, from very generous contributors. I wont mention names because I am sure to forget a few and that wouldn't be right.
My trading approach/beliefs:
Short-term; small profits, even smaller stops!
I like: price/volume, candlesticks, Wyckoff/VSA, support/resistance, short-term trendlines (3-7 bars), price patterns, Market Profile (the ideas rather than the actual MP chart itself). I will use a few indicators to help with analysis, not as entry/exit tools, such as ATR. These are the approaches I use.
There are plenty of approaches I dont like and dont use, but the funny thing is some of them I believe have real value, just not for me! For example, a trend line (beyond really short-term ones I already mentioned); I see them working but am still to integrate them into my approach comfortably. Elliot Wave, I hate it, but I see some traders using EW concepts (the simple ones) very well. Again, I can see the value, but not for me.
Ok, thats enough of an introduction, thanks again to all the contributors to this site.
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