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Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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The following user says Thank You to Big Mike for this post:
Fat Tails has developed a weekly vwap with standard deviations https://futures.io/elite-circle/12482-webinar-trading-session-indicators-explained-sunday-july-31-2-00-pm-est.html. I think it might be me an interesting tool especially for the US section where the volatility is stronger if compared to the asian or european ones. As the method is based on pullbacks I think this indicator might help identifying bigger levels by correlating different sections in relation to the vwap. I don't know if the weekly vwap is an industry standard where big players look at, nevertheless I intend to add it to my studies and see how it might impact on my trades. I invite you to follow his next webinar.
I also would like to thank those 400 members that spent and hopefully will continue spending their precious time reading about the Italian Job. The thread started as a teaching contest and turned into a trading journal as well. I don't know its effect on those who are following it; although it's time consuming for myself, it's been and it is a good tracking tool for my trading.
The following 5 users say Thank You to redratsal for this post: