Brooks Trading Course Digest 2014.2.28 Module 6-7

 

Chart below, Pink zone, 2 pushes up means low 2.  Low2 in a later stage of bear trend could be final flag, means trend reversal.

Good sign 26888

spread list, cut exposure significantly, now total delta -1.8

took $6500 1 time 1 day loss

WTF chart 20140211

trading has 3 sides

15:21:50 woowa99: Trading is tougher than winning lottery. Lottery number has millions of combination, only one can win. But trading has only two sides: long side and short side, I still consistently picked the wrong side. Isn’t it amazing?
15:22:29 Lawrence Chan: trading has 3 sides – long, short and hands off
15:23:03 Lawrence Chan: if you can limit your time exposing yourself to conditions you are not comfortable with, you get to keep more of your winnings

AH raid by TWTR MM

Size matters, AH TWTR 5 shares after earning trade

if I used normal lot (100 shares) instead of 5 shares, my loss would 20 times $21, $420 in 5 minutes.

POMO, double POMO day

http://www.newyorkfed.org/markets/tot_operation_schedule.html

http://www.investopedia.com/terms/p/permanent-open-market-operations.asp