Downtrader is a great site for technical analysis and strategy. In today's markets, fundamentals aren't to be trusted and hardly reliable for price action so what can you do? Learn technical analysis. If you can trade based on a solid understanding in TA, you will make $. This is straight from their last post on 9/29 "As many of you who read my posts regularly know, I love trading narrow range setups. The primary reason for this is that I can greatly reduce my risk by stopping out as close to my entry as possible." Exactly! If something tips you off that you should go long or short and you turned about to be wrong, but losses quickly for a minimal loss. This is the best trait a trader can have. For all those who aren't over the PDT rule, I always tell people "if you use all three of your day trades to take small losses then you used those day trades well, because your big gains will largely outweigh you small losses."
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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