Archives of “Education” category
rssFrom ‘How I Trade and Invest In Stocks and Bonds’ – Wyckoff 1925
I concur. From ‘Trading In The Zone’ – Mark Douglas
CEOs then vs CEOs now
Carolyn Davidson created the Nike swoosh in 1971. The design student worked on it for about 17 hours and was paid $35.
She later received 500 shares after Nike’s IPO, which she never sold.
No One is hedged or worried.
From ‘How To Trade In Stocks’ – Livermore 1940
To conclude, whenever the price shows a positive move, volume is added to the indicator.
Whenever the price shows a negative move, volume is deducted from the indicator.
Avoid this mistake.
Instead of having Enter and Target Price, Have regions and zones. You should be taking Profits at multiple zones and not at a certain fixed price. This avoids free market participation and missed Profits. Eg. Entry 2 Targets 5,6,7,8 instead of just 7.