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Tuesday, October 18, 2011

Not Best, But Right

I came across this technical blog talking about Right Practice

The same Right Practice applies to trading as well.

I see people asking on the streams, what's the best technical indicator, what's the best trading strategies, what's the best time frame to trade, etc...

The answer to all those questions is, "It depends!"

Stop looking for what's best for someone else, and start looking for what's right for you.

Monday, October 3, 2011

Death Cross

Back in the days, there was a huge debate on golden cross which you can find >>here.

On the opposite end, here is the >>SPX death cross which seems to be ignored?

Take a look at the big picture to see where the supports are at.

Bears were late and it's possible that bulls will be late as well.

Look at how many shorts NFLX killed only to drop from 304 to 107 in 3 months.