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[Previous entry: "Question about "confluence"."] [Main Index] [Next entry: "Google update June 27th."]

06/27/2007 Archived Entry: "Trading has improved.."

> Hi Neal
>
> Thanks for your emails and updates.
>
> I'm glad to say that my trading has improved a lot thanks to your videos
> and several months of practice. I have identified that the main secret is
> to catch the thrust that goes with the trend and enter when retracement
> occurs ( easier to say than applying it ). I have been trading forex in
> the last 4 years, however I am interested into diversifying and start
> trading commodities and CFDs for the Australian market.
>
> Could you please elaborate a little bit more on the Google chart? Having
> hundreds of stocks to choose from, what is the selection criteria that you
> apply? (liquidity? volatility?)
>
> Thanks
>
> Dario

Thrust is very important! The more the better. Enter when everyone else thinks the market has reversed, but wait for the selling to climax (support begins). Sluggish markets will punish you..

Try the E-minis if you can trade New Your hours. They have great liquidity and a low cost to trade (with the right broker).

-Neal.

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