Found this clip on Youtube. Linda Raschke�discusses her pre-market preparations, technical and fundamental analysis, and important steps traders should take to prepare for each trading day.
Trading Lessons
Some food for thought to start the new year
Here is quote from my interview with TASC some time ago. I thought it might help some of my 13 readers to kick start the new year. Here’s to a healthy and profitable 2012. Now, let’s get back to business.
Video: Trading Lesson of the Week – Trading is a Skill
This is a short trading lesson from Bella (@smbcapital), the author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading)
(I highly recommend the book). Trading is a skill. “The answer is, you develop your trading skill day by day”. Excellent point. Watch this after you have summarized your trading week.
Weekend Video: Quick Decisions and Anticipation
Reds coach Tony Strudwick explains how quick decisions and anticipation distinguishes the top players. Learn to react before plays develop.
Can you relate this to your trading?
Enjoy!
Weekend Video: What It Takes To Be A Winning Trader by Larry Williams
I was a big fan of Larry Williams when I started trading. I guess I have read all of his books. In this video, Larry shares few nuggets of trading wisdoms. Enjoy and have a good weekend.
Basics of Elliott Wave Analysis
Coincidently, after I posted the reading materials about Elliot wave analysis, folks at EWI is releasing Basic of Elliot Wave Tutorial. Again, this is absolutely free, and the tutorial consists of 10 lessons.
Here’s is what you’ll learn from the tutorial:
- What the basic Elliot wave progression looks like
- Difference between impulsive and corrective waves
- how to estimate the length of waves
- How Fibonacci numbers fit into wave analysis
- Practical application tips for the method
I thought it is good to go back to the basic, understand the foundation, maybe you might find EW fits your trading. Check it out and enjoy the waves 🙂
