Daily #Indices
Thought of the day: “If You are not doing what You love, You are wasting your time”, Billy Joel, uptown boy, Happy Birthday
- Great traders are not smarter, they have smarter trading habits
 - If You are interested in short-selling, trading systems, position sizing, trading psychology, visit us at: www.alphasecurecapital.com
 
- IGPA Bullish Weakness 2015-05-08.png
 - NBI Bullish Weakness 2015-05-08.png
 
 


- Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
 - Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
 - Volatility Channels (Horizontal dotted lines) : Markets often retest swings. This is a volatility buffer to allow wiggle room.
 - Volatility Channel: Think of the other side of a volatility channel of the distance it would take to close half the position to break even if the remainder was to hit the stop loss
 - #n%: Think of it as a rudimentary equity at risk position sizing. It is 1% divided by the distance from the day the swing is recorded to the volatility channel
 - Disclaimer: this is neither a solicitation, nor an investment advice
 


















