If you want to be millionaire study millionaire. Studying trailer trash would not get you there. | stockbee

3/19/2015

If you want to be millionaire study millionaire. Studying trailer trash would not get you there.

Everyday Study the winners and losers in market for your trading time frame. For a swing trader looking for 3 to 5 days 5 to 20% moves

Run two scans and study everyday and take extensive notes. Do for months , years...

c/c5>=1.08 or c-c5>5 and minv3.1>100000 and c>=5

c/c5<.92 or c5-c>5 and minv3.1>100000 and c>=5

Also go through every stock up 25% in month and down 25% in a month. 

Stock up 25% in month 

C20 >= 5 AND (AVGC20 * AVGV20) >= 250000 AND 100 * (C - C20) / C20 >= 25

Stocks down 25% in a month

C20 >= 5 AND (AVGC20 * AVGV20) >= 250000 AND 100 * (C - C20) / C20 <= ( - 25)

Answers to lot of our trading questions are in them.

Should I only focus on 52 week high

Should I only buy SD50

Should I only focus on IBD stocks

Should I only buy high short interest stocks

How do momentum move start

What happens on first day of move

What happens at end of the move

Where should stop be for this kind of move

If you want to be millionaire study millionaire. Studying trailer trash would not get you there.

Same way daily set aside 30 minutes for study of winners and losers.

Market change subtly. Studying winners will help you in touch with what is currently working in the market . That is reality based training . It constantly helps you align your strategies to what works in the market.

Lot of things that used to work or people claim to work might have stopped working or not suitable for current market conditions. Instead of blaming the markets , algos, Fed or just wishing for better conditions, it is best to trade what works in current conditions. 

Efforts like these help you develop new setups and change your tactics. 

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