Trading Wisdom from Ralph Nelson Elliott

Welcome To My Blog! If you’re new here, you may want to see my free members training … GET MY DAY TRADING TIPS, TRICKS, and STRATEGIES! Thanks for visiting today! – Dave KnightHello Traders, Today I would like to take some time to share some trading thoughts from Ralph Nelson Elliott, the father of the…

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The 28th Trading Rule and Ending Trading Statement Balance March 27th, 2012

IMPORTANT:  NEW e-Mail List Subscribe for Continued Content!   Hello Traders, First of all, let’s get the trading statement out of the way. March 27th, 2012:  Trading Statement Now, let’s talk about the 28th Trading Rule … wow … do I have 27 trading rules … perhaps … I will have to think on that one…

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Trading from March 27th, 2012 Plus Ending Trading Statement Balance from Monday

Hello Traders, IMPORTANT:  NEW e-Mail List Subscribe for Continued Content! Interesting trading day today, the volume was indicating an oversold condition in the morning’s trading.  It took two entries to be able to ride out a 2P profit target right.  The Exit point was right above the Pivot Point on the 2000 Trades Chart.  We…

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Monday March 26th, 2012: Yo-Yo Trading Day

Hello Traders, When I was thinking about a brand new trader starting out in trading, this Big Bang Theory episode clip really reminds me how tough it can be for the inexperienced trader to really make money at trading. Big Bang Theory:  Sheldon Driving This morning reminded me of a Yo-Yo Trading Day going back…

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Trading Wisdom from Richard D. Wyckoff and Ending Trading Statement Balance for Week

Hello Traders, Today I want to continue my discussion about some trading wisdom from the trading masters.  In today’s topic, I am borrowing some trading wisdom from Richard D. Wyckoff. “You can learn from this how to develop independent judgment, so that you need never ask anyone’s opinion or listen to anyone’s tips, or take…

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