Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Search the Community

Showing results for tags 'stock market'.

More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Welcome to Traders Laboratory
    • Beginners Forum
    • General Trading
    • Traders Log
    • General Discussion
    • Announcements and Support
  • The Markets
    • Market News & Analysis
    • E-mini Futures
    • Forex
    • Futures
    • Stocks
    • Options
    • Spread Betting & CFDs
  • Technical Topics
    • Technical Analysis
    • Automated Trading
    • Coding Forum
    • Swing Trading and Position Trading
    • Market Profile
    • The Wyckoff Forum
    • Volume Spread Analysis
    • The Candlestick Corner
    • Market Internals
    • Day Trading and Scalping
    • Risk & Money Management
    • Trading Psychology
  • Trading Resources
    • Trading Indicators
    • Brokers and Data Feeds
    • Trading Products and Services
    • Tools of the Trade
    • The Marketplace
    • Commercial Content
    • Listings and Reviews
    • Trading Dictionary
    • Trading Articles


There are no results to display.

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



First Name

Last Name









How did you find out about TradersLaboratory?


Favorite Markets

Trading Years

Trading Platform


Found 13 results

  1. $CDLX Cardlytics stock good buying at 29.29 support area https://stockconsultant.com/?CDLX
  2. please, what is your thoughts about this? which is better or profitable in your opinion, Forex trading or Stock trading. thank you in advance.
  3. THE 10 COMMANDMENT FOR TRADING STOCK. Rule No.1: Always Use a Trading Plan Rule No.2: Treat Trading Like a Business Rule No.3: Use Technology to Your Advantage Rule No.4: Protect Your Trading Capital Rule No.5: Become a Student of the Markets Rule No.6: Risk Only What You Can Afford to Lose Rule No.7: Develop a Trading Methodology Based on Facts Rule No.8: Always Use a Stop Loss Rule No.9: Know When to Stop Trading Rule No.10: Keep Trading in Perspective Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena. Happy Trading Fellas
  4. Can anyone suggest how to be a good trader in a short time?
  5. I am beginner in trading, want to explore about stock and commodity market
  6. Want to explore about stock and commodity market
  7. Good afternoon. I have recently started my diploma work in my university about trading robots on stock market. There are a lot of books about stock markets and automated trading systems, so i really need help here... I have started with Pardo and Barry Johnson's books and technical analysis by achelis. Are these bookes good enough? or can you recommend other books about strategies, indicators, theory or any other info, that would be helpful? Thank you!
  8. Good Morning All: If you are an experienced trader, you can skip reading this article. If you are new, or if you have been at this less than a year and not making money yet, you may want to read this. If you have been at it more than a year and are not making money, you probably will not read this. To a Handful of Traders Out There I have to accept the fact that there are very few people willing to recognize in the early stages of trading that they need an education. It should seem obvious, as it is the only acceptable route in any other high-paying profession. While I have to accept that fact, I do not really understand it. Having excepted it, I know that the next best thing we can do at Pristine is to make sure people stay under our wing until they are ready to advance their careers through a proper education. We want to make sure that you stay with us even if you have not yet made a commitment to be a full or part-time trader, or to manage your own long-term money. To do that we want to continuously improve you and your knowledge by offering a variety of ways to obtain great information for free. Every 6 to 8 weeks we do a seminar called "Online Trading Essentials". There is a nominal charge for it but if you are currently a Pristine student you can get it for free. If you are in the process of discussing a seminar with a counselor, you may also be able to get it free. Talk to your counselor. It is a great class that delivers four and a half hours of nonstop critical information about many of the topics that traders need to know about trading. Everything from advanced concepts about risk management and share sizing, down to what a level II screen is for, and how to use news and/or fundamental analysis in your trading. This is all information that is critical to know, yet on the other hand is too basic to actually be taught in our paid for seminars as they focus purely on technical or more advanced topics. In addition, we are introducing a new series of "Power Trading Workshops" that are designed to deliver more information and they come to you Monday through Thursday (some weeks may only be three days) at 4.15, just after the market closes. Some of these will have new topics that have not been discussed, and some will blend some old favorites and new twists. Naturally, we still have new people who want to know about Pristine and about some of what we teach, and that will be included in some of the topics as well. You can view the schedule for these on our homepage or in the e-mails that you receive. They are under the topic of either "Power Trading Workshops", or "Free Webinars". Paul Lange Vice President of Services Pristine Capital Holdings, Inc.
  9. "How long will it take for me to become a profitable trader?" Boy - if I had a dime for each time I was asked this question, I would have one large collection of dimes. But I think I've done my work well. The majority of people who have sat in on my workshops and listened to me speak over the last couple of are no longer asking this question. So if you ever catch yourself wanting to ask this question, then please pay close attention to what I'm about to share with you here. Because once you understand the poisoned thinking from which this question comes from within you, you will be thankful that you now see things from a much more useful perspective. We are always, from an early age, comparing ourselves with others. From our upbringing and various influences on our thought processes as we grow up, we develop certain metrics and rules in order to determine what is 'right', 'wrong', 'fair', 'unfair', and unfortunately when we are 'good' or 'bad'. Stop doing it. Realize, that you are unlike any other individual or soul on this entire planet....or in the universe. So how can you compare yourself with others? It's like comparing apples and oranges. There are no comparisons because you are simply 'you'. You are not like anyone else. Period. So how long it took other traders to make a 'good' income at trading is completely irrelevant to you. And, if one thinks about it, what possible good could come of putting a 'standard' or an 'average amount of time it takes' out there as YOUR measuring stick simply because someone told you it was so. There are so many fallacies at work in a statement like this that it's ridiculous. If someone were to say it took 11 months, for example, for the 'average' trader to 'make it', what does that mean? Define an 'average trader'. Define 'make it'. And then ask, "What data do you have to support that 11 months is the average?" Did every single trader in the world give the person making this statement specific feedback on how much time it took them to 'make it'? NO! It's NOT POSSIBLE! The very criteria that would go into such a poll is subjective and thus makes the results entertaining, at most. Most of the truly amazing traders seem to 'disappear into the sunset'. They enjoy their privacy. And if they are amazing traders, they will be NO PART of such a silly 'poll' to help new traders provide themselves a measuring stick with which to measure their progress. They understand that this type of 'information' will not serve any trader. Think about that. Now, wouldn't you feel silly if you had actually measured yourself against some standard that was communicated to you which has no way of being based in reality? And even if it was, realizing that using it for yourself as a measuring stick is like comparing apples with oranges? Worse - I know people who have QUIT trading because of articles like this. What possible good could come of it? If you are just starting out, the thought of losing for 11 months before you 'make it' is pretty daunting. So it doesn't serve that person. If you have been trading for 8 months or thereabouts, chances are you will psychologically ruin yourself as you get closer to the 11 month mark and I can almost guarantee that you will not 'make it' by then simply because of human nature and the stress/pressing you will put on yourself. And, God forbid, you are past the 11 month marker already and you will make yourself feel like a complete idiot. Kurt Capra Contributing Editor Instructor and Traders Coach
  10. n a prior Chart of the Week (COTW) titled Bringing Common Sense to Trading Part I, I explained how to determine turning points and continuation points with price action alone. This week I am going to show why prices trended as they did Friday. In that prior COTW, I also told you that price oscillators, various other indicators and drawing lines to determine turning points or support and resistance have nothing to do with prices reversing when they do. Friday's drop should reinforce that fact for you. To an extent, these analysis tools do have a self-fulfilling prophecy at times since so many people have been taught to believe the fallacy and use them. The internet based online trading education industry perpetuates these hocus-pocus indicator based methods. Not much has changed over the years. When I started to learn about trading the markets there was no online education, since there was no internet. However, there were mailed letters that gave recommendations and some education. Like most online educators now, those letters also used the indicator mythology. It's not easy getting started with so much information to sift through about how to use these types of technical analysis to trade and invest. I did not side-step the learning and use of indicators, but I did eventually see the truth. Through these COTW letters and our other services I hope you will see through these deceptions that create confusion about price movement. Okay, let me explain what happened on Friday. Before we get to Friday, above is a chart that I posted at the Pristine Facebook Fan Page and the Group Page last Wednesday. In it I showed why sellers would show up the next day, and they did. I also said that ES (ES is the e-mini contract for the S&P 500) retraced further than I thought it would, but those Topping Tails (TT) suggest that short-sellers are waiting to pound it again. This alone did not suggest or predict how much prices would fall on Friday. However, what made that possible was the way prices moved up to the area of the prior TTs. The key here is the fact that there is virtually no overlapping of the candles on the way up. Each candle started at or very near the prior candle close and did not retrace back into the prior candle. In other words, this is a continuous fluid movement. There is no uncertainty among the majority traders. Prices are going up; buy or get out of the way! This arrangement of candles displays strength, power and momentum. But if that is the case, how could prices fall as far and as hard as they did? While this arrangement of candles does display strength, it is the weakest link also. As I have explained in the past, one of the most powerful concepts to understand is that of supply and demand. Where sellers and buyers are and when there is a Void of them. The way prices moved up into the supply area and the TTs (little to no overlap between candles) it created what I refer to as a Pristine Price Void (PPV). When prices move upward so fast there is no support under prices. There are no pullbacks or sideways consolidations. So there is nowhere to buy a pullback based on a price support as a reference point (demand area). There is a Void of support or demand because prices moved higher so fast. In addition, as current prices move sideways over time they move away from any small support area that might be there. This makes any small support area irrelevant. This is a common question students have. What about that small area of price support? What is more powerful or meaningful, that small area of consolidation or the bearish daily time frame and intra-day bearish shock? It's the weight of the evidence to consider as a whole, not one piece of information. Pristine Tip: A truly strong momentum move does not need support. It creates it. I discussed this in the COTW Bringing Common Sense to Trading Part I. Look for momentum moves that begin from a consolidation and have a PVV overhead. Not moves that end at the top of a range. In the chart above, I've shown the daily time frame at the upper left and the 60-min. time frame. In the 60-min. you can see how little congestion (stall in prices moving higher) there is, especially on the Tuesday the 16th. As prices moved sideways and away from what little intra-day overlapping there was, it made those areas less relevant as a reference point of support. The essence of a Head and Shoulders top is that the upward move has ended when the new high fails (the head) and that the time moving sideways (the Shoulders) signals distribution. That price pattern creates a Void below. Also in this example, there is a shock that occurred on the 18th and confirmed the bearishness of the bigger daily picture. Let's assume that you had no idea of the bearish big picture and potential for the larger decline. It's conceivable that you could have thought that prices have fallen a lot and would bounce on Friday and looked for long trades. Well that's fine, but unless the price action becomes climactic near a prior support area or there is an actual trend change on the time frame being traded (in this case the 5-min.), there would be no objective reason to buy. This is a rule all Pristine students and prop traders are taught from the start. Include it into your trading plan and it will eliminate a lot of unnecessary loses. I hope this COTW has helped you understand why prices moved as they did on Friday and see that the commonplace indicator based mythology is unnecessary and misleading. I will be presenting a Free Workshop on Tuesday October 30th. At it I will be discussing what we covered today and other Pristine trading strategies. It will be similar to the coaching sessions I do with students and hope to talk to you there. All the best, Greg Capra President & CEO Pristine Capital Holdings, Inc.
  11. Inserted into all of my daily charts are 4 basic moving averages; The 10, 30, 50 and 200. We use these as guides for finding trends. If the 10 is above the 30, and the 30 above the 50, and the 50 above the 200 day moving average, we call this “stacked”. If the direction of the moving averages is turned upward, we call that “sloped.” The optimum setup is when the price of any financial instrument is above the “stacked and sloped “4 moving averages. We have back tested this to find that it has great predictability in finding trades that are the most ready to make parabolic moves up. Our Nuggets List specifically scans for that scenario. But what if the market is in a negative phase and there are very few setups where the moving averages are perfectly stacked and sloped? In the last month, I have found several amazing trades that were under the 200 day moving average or in a negative phase, yet first found a level of support, and then gathered some momentum when the 10 day moving average crossed over the 50 day moving average. The slope on the 10 day was positive; the slope on the 50 was neutral to positive. Today, we will look at CSIQ and BTU, which absolutely fit that scenario. Then, we will analyze WY, which is currently trading above the 200 day moving average yet the 10 and the 50 day moving averages are still below the 200. Of interest is the potential follow through once the 10 (sloped up) crosses over the 50 (currently sloped down). CSIQ, after finding support at recent lows (8.99), proceeded to base for a couple of weeks with a $3 range from $9.00 to $12.00. Then, on July 19th, the 10 crossed the 50 day moving average. The 10 had a positive slope, while the 50 remained slightly negative to neutral. On the same day, CSIQ tested 12.00, which turned out to be a low risk point for a long entry. We recommended a buy over the prior day high 12.75, once we saw the moving averages cross. At time of writing this article, CSIQ rallied to over 14.00, we had locked in 1.5 ATRs for miniswing traders. Swing traders would still be long. Target is a run to the 200 day moving average or around $19.00 200 day moving average or $19.00 On July 6th, the 10 day crossed the 50 day moving average in BTU. The slope of the 10 was neutral, the 50 negative. But, since it had established a base under 36, rallied and consolidated in a price range from 38-40, the risk was clear once the moving averages crossed. The high that day was 41.64. On July 7th, we entered a long position over the high of the day prior. Our risk was for a swing trade was under the July 6th low or 39.75, which also corresponded with the 30 day moving average. The risk for a miniswing trade would be under the point where the moving averages converged on July 7th or at around 41.10-less than ½ ATR from entry. On July 22nd, BTU crossed the 200 day moving average. At this point, miniswing traders might have exited, but had a new opportunity to go long. Swing traders with an already $2.50 profit, had an opportunity to add to the position. Next real point of resistance is at $50.00 This setup is also extremely interesting. Notice that on July 12th; it gapped up higher, thereby establishing that the 2 weeks prior were an unbelievable bottom. Unbelievable because it had gapped down on June 28th leaving both a “V “and “Island Bottom” when it gapped up on July 12th-extremely rare and powerful! If anybody reading this caught that-please email me because you’re my hero! Then, on July 22nd, the 10 crossed the 50 day moving average-upward slope on the 10-downward on the 50, and WY traded over the 200 day moving average. A long was established at 15.85 based on an opening range breakout. Risk was to under the 200 day moving average. Again, regardless of your trading timeframe, you have profits. Only caveat for position/swing traders is the earnings report due July 30th. But, we are carefully watching to see what happens when the 10 converges with the 200 day moving average as an indication of how much more this stock can run. The technical term for the type of signal written about here is called “Crossover.” The Crossover is a classic way to identify shifts in momentum and for managing risk. The Nuggets List, The ETF Monitor and the MMM Premium Service are all meant to find trading opportunities with these dynamic setups. Happy Trading! Michele Schneider
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.