I'm showing you you can make money. Oh, and I'm showing you you can lose
You didn't think it was that easy, did you?
Daily Trading Room Live M-F
ET to 9:300am ET (subject to
Drive the Trading Room.... watch a sample
Starting on any given day, using any candle of
that day pitted against the day before. From there we can day trade,
swing trade, and position trade.
In order to
do that, we need to:
Read what candles and patterns are telling
us, if anything.
Use select indicators at our disposal.
Put the market action in the context of the day or week's
Place an order...
take a gain or exit
Trust our charts more than headlines or any guru.
We look for classic setups.
We place entry or exit and stop-loss orders.
We go long or short.
We prepare for the next day.
We track sector/industry rotation.
We learn Patience or risk losses.
The hardest part of trading is controlling your own
fear and greed while reading fear and greed in the action of other
Trading is about your discipline
and your control. Trading is not about
you vs. the stock market.
Trading is about understanding relevant relationships and
anticipating the next move.
Trading is simpler than you think but is still a lot of work.
Even if all you learned was what to do the next
time the market gave you an OPPORTUNITY, the training sessions and
the Trading Room
have been worthwhile.
The ideas expressed on this site are solely the opinions of
the author (John Robichaud) and are for entertainment
purposes only. I am not a licensed investment
advisor advisor. Any
investment decision that results in losses or gains made
based on any information on this site or the newsletter Trader
Thoughts is not the responsibility of www.wallstwise.com
or John Robichaud. I may make statements about certain
investment vehicles and strategies, but it is not to
be taken as
investment advice. My site www.wallstwise.com is an
educational service, not an advisory or stock recommendation
service. At times, I will analyze the technical structure
(chart) of various stocks or financial markets,
all examples are
provided for educational purposes.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD,
SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO,
SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY
HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF
CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO
THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF
HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES
SIMILAR TO THOSE SHOWN.
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