zigzagman
08-18-2009, 08:37 PM
I just found this forum the other day, and I can't believe I've never heard of it before...I thought I knew all of the good stock market forums...
My first forum was Raging Bull many years ago, but that place was a zoo...It was not moderated at all, and things got a little too crazy for my tastes so I gave up on that one...The little red bull logo next to this Forum's title kind of looks like the RB bull?...The Yahoo Message Boards aren't much better, and I avoid them too...
My next stop was Silicon Investor, and then on to Investors Hub where I still have active memberships using the same username I have here...I don't use SI much anymore because I let my paid membership go, and I can't stand all of the ads that show up when you're a freebie...I still have a paid membership to IHUB, and probably always will even though most of the boards there are for penny stocks and I don't play them anymore...I do have lots of friends there that I've known for many years, and that's why I still hang my hat there...
Another great site I found to do research and has a forum is Finviz.com...They have some excellent free tools on that site, and they have the best stock scanner I've ever come across...The forum is very small, with less than 1000 registered members, but they're a real friendly bunch...
I also belong to the Trader's Talk forum, and the Market Thoughts forum using the same username I have here...I also post market related news on StockTwits and Twitter using the username - chartaholic...zigzagman was already taken on Twitter, so I had to settle for something else...
I've been trading the stock market on a daily basis for about fifteen years...My favorite style of trading is Day Trading, but I also Swing Trade and manage my dad's Long-Term Hold account that is full of nothing but great dividend paying stocks he started collecting in the early 1960's...
I taught myself how to trade by reading everything I could about the subject, both online and off...The Chart School at stockcharts.com and the investopedia.com sites are two of my favorites places for learning how to read charts, and all things to do with the stock market...
Five years ago, I finally perfected my strategy for Day Trading that is based on being able to read Candlestick Charts with just a few Technical Indicators on them...
Over the years, I was able to identify which indicators gave the fastest signals and which weren't suitable for Day Trading...My strategy for entering and exiting trades is based on the Commodity Channel Index (CCI), Stochastics (STO), Volume, and Bollinger Bands...
I also use the 5 and 15 period Simple Moving Averages (MA), and three indicators I call the "Money Indicators"...They are the Accumulation/Distribution line (A/D), On Balance Volume (OBV), and Chaikin Money Flow (CMF)...These three indicators tell me if there are more buyers, or more sellers at any given time...This is how I set up my charts for Day Trading:
http://images.investorshub.advfn.com/images/uploads/2009/1/27/ynfkeTI-IDENTIFY.PNG
I use the same Buy and Sell Signals for Day Trading and Swing Trading, but my charts for Swing Trading have a few more Technical Indicators on them...And when you Swing Trade, you also need to study and do your Due Diligence on the companies you are trading...
Here is how I set up my charts for Swing Trading with the additional indicators...Below Stochastics I add the Moving Average Convergence Divergence (MACD), the Average Directional Index (ADX), and the Relative Strength Index (RSI)...And at the top close to the candlesticks, I also use the Parabolic SAR (SAR) because that indicator gives good price targets and also shows levels of Support and Resistance...
http://images.investorshub.advfn.com/images/uploads/2009/8/18/tvztz1-djia-fornewforum.JPG
In 2004 I started feeling very confident that my strategy for Day Trading and Swing Trading worked so well, that I felt I needed to share it with the world...
So I started a business with a website that I built myself, and started giving lessons to anyone that would take them...My website now has a Forum, but that's only for my current students to have a place they can ask me questions about their lessons...
I also just installed a Live Chat area last weekend, hoping to turn it into a Trading Room for Day Traders...I was hoping it would be a place experienced traders would show up and talk about the stocks and ETF's they were playing at that moment...It was supposed to be a place for us to pick the brains of experienced traders, not a place for my students to pick my brains some more...Someday, it may turn into such a place...I'll be patient...
I've had a few hundred students take my lessons in the past five years, and have never had a complaint from any of them...Most of them think they're great!...That's because my strategy is so simple, and it's very easy to learn...I've taught experienced traders of all levels how to trade better, and quite a few people that were totally new to trading...Some of them have turned out to be exceptional traders, and that really makes me happy to see that happen every time it does...
There is a link to my website on my Profile page here...I don't want to spam my business in posts on this thread, but I will be explaining my strategy in detail in the proper forum soon...Many of my students have turned out to be very successful traders, and have been able to quit their "real" job and stay at home and trade full-time and support their family that way...
If you go to the DAY TRADE page of my website, there is a lot of free information there that describes my strategy and Day Trading in general...
My primary method of delivering my lessons on Day Trading besides the written lesson that comes with it is through videos...My students get almost twenty hours of what I call Video Charts that show me Day Trading in real-time while the market is open...Out of the 28 videos, about a quarter of them are straight lessons on subjects relating to Day Trading...I have found that learning by watching someone else do something is the most effective way to get the point across...
There are three sample videos at the top of the VIDEO CHARTS page on my site that show me Day Trading, and many more below them that show my end of the week analysis of the Dow's daily and weekly charts that go back many months...I quit doing that analysis a few months ago when my dad had a major stroke, and someday I hope to start doing them again...
I just dropped in here to introduce myself, and give you all a bit of my history...I look forward to chatting with you soon...
Happy Trading,
zigzagman
My first forum was Raging Bull many years ago, but that place was a zoo...It was not moderated at all, and things got a little too crazy for my tastes so I gave up on that one...The little red bull logo next to this Forum's title kind of looks like the RB bull?...The Yahoo Message Boards aren't much better, and I avoid them too...
My next stop was Silicon Investor, and then on to Investors Hub where I still have active memberships using the same username I have here...I don't use SI much anymore because I let my paid membership go, and I can't stand all of the ads that show up when you're a freebie...I still have a paid membership to IHUB, and probably always will even though most of the boards there are for penny stocks and I don't play them anymore...I do have lots of friends there that I've known for many years, and that's why I still hang my hat there...
Another great site I found to do research and has a forum is Finviz.com...They have some excellent free tools on that site, and they have the best stock scanner I've ever come across...The forum is very small, with less than 1000 registered members, but they're a real friendly bunch...
I also belong to the Trader's Talk forum, and the Market Thoughts forum using the same username I have here...I also post market related news on StockTwits and Twitter using the username - chartaholic...zigzagman was already taken on Twitter, so I had to settle for something else...
I've been trading the stock market on a daily basis for about fifteen years...My favorite style of trading is Day Trading, but I also Swing Trade and manage my dad's Long-Term Hold account that is full of nothing but great dividend paying stocks he started collecting in the early 1960's...
I taught myself how to trade by reading everything I could about the subject, both online and off...The Chart School at stockcharts.com and the investopedia.com sites are two of my favorites places for learning how to read charts, and all things to do with the stock market...
Five years ago, I finally perfected my strategy for Day Trading that is based on being able to read Candlestick Charts with just a few Technical Indicators on them...
Over the years, I was able to identify which indicators gave the fastest signals and which weren't suitable for Day Trading...My strategy for entering and exiting trades is based on the Commodity Channel Index (CCI), Stochastics (STO), Volume, and Bollinger Bands...
I also use the 5 and 15 period Simple Moving Averages (MA), and three indicators I call the "Money Indicators"...They are the Accumulation/Distribution line (A/D), On Balance Volume (OBV), and Chaikin Money Flow (CMF)...These three indicators tell me if there are more buyers, or more sellers at any given time...This is how I set up my charts for Day Trading:
http://images.investorshub.advfn.com/images/uploads/2009/1/27/ynfkeTI-IDENTIFY.PNG
I use the same Buy and Sell Signals for Day Trading and Swing Trading, but my charts for Swing Trading have a few more Technical Indicators on them...And when you Swing Trade, you also need to study and do your Due Diligence on the companies you are trading...
Here is how I set up my charts for Swing Trading with the additional indicators...Below Stochastics I add the Moving Average Convergence Divergence (MACD), the Average Directional Index (ADX), and the Relative Strength Index (RSI)...And at the top close to the candlesticks, I also use the Parabolic SAR (SAR) because that indicator gives good price targets and also shows levels of Support and Resistance...
http://images.investorshub.advfn.com/images/uploads/2009/8/18/tvztz1-djia-fornewforum.JPG
In 2004 I started feeling very confident that my strategy for Day Trading and Swing Trading worked so well, that I felt I needed to share it with the world...
So I started a business with a website that I built myself, and started giving lessons to anyone that would take them...My website now has a Forum, but that's only for my current students to have a place they can ask me questions about their lessons...
I also just installed a Live Chat area last weekend, hoping to turn it into a Trading Room for Day Traders...I was hoping it would be a place experienced traders would show up and talk about the stocks and ETF's they were playing at that moment...It was supposed to be a place for us to pick the brains of experienced traders, not a place for my students to pick my brains some more...Someday, it may turn into such a place...I'll be patient...
I've had a few hundred students take my lessons in the past five years, and have never had a complaint from any of them...Most of them think they're great!...That's because my strategy is so simple, and it's very easy to learn...I've taught experienced traders of all levels how to trade better, and quite a few people that were totally new to trading...Some of them have turned out to be exceptional traders, and that really makes me happy to see that happen every time it does...
There is a link to my website on my Profile page here...I don't want to spam my business in posts on this thread, but I will be explaining my strategy in detail in the proper forum soon...Many of my students have turned out to be very successful traders, and have been able to quit their "real" job and stay at home and trade full-time and support their family that way...
If you go to the DAY TRADE page of my website, there is a lot of free information there that describes my strategy and Day Trading in general...
My primary method of delivering my lessons on Day Trading besides the written lesson that comes with it is through videos...My students get almost twenty hours of what I call Video Charts that show me Day Trading in real-time while the market is open...Out of the 28 videos, about a quarter of them are straight lessons on subjects relating to Day Trading...I have found that learning by watching someone else do something is the most effective way to get the point across...
There are three sample videos at the top of the VIDEO CHARTS page on my site that show me Day Trading, and many more below them that show my end of the week analysis of the Dow's daily and weekly charts that go back many months...I quit doing that analysis a few months ago when my dad had a major stroke, and someday I hope to start doing them again...
I just dropped in here to introduce myself, and give you all a bit of my history...I look forward to chatting with you soon...
Happy Trading,
zigzagman