Trading Setup Quotes

Your mission as a trader is to filter only the very best trade setups, which is what successful traders often do.

Only a fool tests the depth of the water with both feet. AFRICAN PROVERB

One general theory for the origin of AIDS goes that, during the late nineteen-sixties, a new and lucrative business grew up in Africa, the export of primates to industrialized countries for use in medical research. Uganda was one of the biggest sources of these animals. As the monkey trade was established throughout central Africa, the native workers in the system, the monkey trappers and handlers, were exposed to large numbers of wild monkeys, some of which were carrying unusual viruses. These animals, in turn, were being jammed together in cages, exposed to one another, passing viruses back and forth. Furthermore, different species of monkeys were mixed together. It was a perfect setup for an outbreak of a virus that could jump species. It was also a natural laboratory for rapid virus evolution, and possibly it led to the creation of HIV. Did HIV crash into the human race as a result of the monkey trade?

It’s easy to have faith in yourself and have discipline when you’re a winner, when you’re number one. What you got to have is faith and discipline when you’re not a winner.” —Vince Lombardi, Pro Football Hall of Fame

Each piece of the set was on a winch and pulley, bag-dropped, counterbalanced by nests of fifty-pound bags of sand. The setup was called a "Fairbanks," for the reason that when a stagehand so wanted, he could stand upon a knot on the rope, untie as few or as many bags of sand as he wanted, and ride nearly to the rafters like Zorro as the scenery lowered. There was no particular reason to ride that way, but because Carter allowed it, the team of men did so all night long, trading places at the top, jumping onto the ropes and riding back down later. With the mighty Egyptian set descending in its many pieces, the audience was deprived of a behind-the-scenes tableau of beauty: Carter's team swiftly riding ropes up to the catwalk and down to the stage again, simply because they could.

To summarize my trading strategy for VWAP False Breakouts: Once I’ve made my watchlist for the day, I monitor the price action around VWAP at the Open and during the morning session for the Stocks in Play. A good Stock in Play shows respect toward VWAP. If the Stock in Play sells off below the VWAP but bounces back and breaks out above the VWAP, it means the buyers are gaining control and short sellers perhaps had to cover. However, if it loses the VWAP again in the Late-Morning (from 10:30 a.m. to 12 p.m.), it means that this time the buyers were mostly weak or exhausted. This provides a short opportunity with a stop loss above VWAP. The profit target can be the by then low of the day, or any other important technical level. I try to go short when a Stock in Play has lost the VWAP. Sometimes I go short before the price loses the VWAP, to get a good entry while it is ticking down toward VWAP in the anticipation of a VWAP loss. However, be very careful, for the job of a trader is identification and not anticipation. Take small size and add more shares on the way down if you have truly identified a good trading setup.

And I’m not kidding when I say “craziness.” The University of St. Gallen, Switzerland, has come out with a study that compares traders with psychopaths. The study reviewed the results from an existing study comparing 24 psychopaths in German high-security hospitals with a control group of 27 “normal” people. The funny thing is, this control group of “normal” people turned out to be traders. Stock guys, currency and commodity traders, and derivative types happened to be the normal control group that was stacked up against the high-security, barbed-wire-enclosed psychopaths. In the end, the performance of the trading group was actually worse than that of the psychopaths. The study indicated that traders, “Have a penchant for immense destruction,” and that their mindset would lead them to the logical conclusion of “beating one of the neighbor’s expensive cars with a baseball bat with the sole objective of owning the most beautiful car in the neighborhood.” In other words, traders are nuts. Indeed if you look up the textbook definition of a psychopath, here are some of the tidbits you’ll uncover: antisocial behavior, poor judgment and failure to learn from experience, inability to see oneself as others do, inexplicable impulsiveness … sounds like a typical trader who is struggling against the market and can’t figure out why.

Even Napoleon had his Watergate.” —Danny Ozark, Former Philadelphia Phillies Manager

Luck is a dividend of sweat. The more you sweat, the luckier you get.” —Ray Kroc, Founder, McDonald’s Corporation

A Stock in Play is a stock that offers excellent risk/reward setup opportunities

If there are no attractive trading set-ups, do nothing. Go for a jog instead.

My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation.

My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation. Averaging down. Increasing share size when losing. Trying to double down and recoup losses.

There’s a deep irony to this model. Employees who turn up for work day-in, day-out are essentially cast as outsiders: a production cost to be minimised, an input to be hired and fired as profitability requires. Shareholders, meanwhile, who probably never set foot on the company premises, are treated as the ultimate insiders: their narrow interest of maximising profits comes before all. No wonder that, under this set-up, the average worker has been losing out, especially since trade unions in many countries were stripped of their bargaining power from the 1980s onwards.

For example, assume you’re considering a setup where the stop-loss exit is $3.54, and the current price is $3.62. Taking the $140 maximum allowed loss we calculated above, divide that by $0.08 ($3.62 - $3.54 = $0.08), and you get 1,750 as your maximum position size (140/.08 = 1750).     I’ve provided an Excel spreadsheet that will quickly

Wall Street: I’d start carrying guns if I were you.      Your annual reports are worse fiction than the screenplay for Dude, Where’s My Car?, which you further inflate by downsizing and laying off the very people whose life savings you’re pillaging. How long do you think you can do that to people? There are consequences. Maybe not today. Or tomorrow. But inevitably. Just ask the Romanovs. They had a nice little setup, too, until that knock at the door.      Second, Congress: We’re on to your act.      In the middle of the meltdown, CSPAN showed you pacing the Capitol floor yapping about “under God” staying in the Pledge of Allegiance and attacking the producers of Sesame Street for introducing an HIV-positive Muppet. Then you passed some mealy-mouthed reforms and crowded to get inside the crop marks at the photo op like a frat-house phone-booth stunt.      News flash: We out here in the Heartland care infinitely more about God-and-Country issues because we have internal moral-guidance systems that make you guys look like a squadron of gooney birds landing facedown on an icecap and tumbling ass over kettle. But unlike you, we have to earn a living and can’t just chuck our job responsibilities to march around the office ranting all day that the less-righteous offend us. Jeez, you’re like autistic schoolchildren who keep getting up from your desks and wandering to the window to see if there’s a new demagoguery jungle gym out on the playground. So sit back down, face forward and pay attention!      In summary, what’s the answer?      The reforms laws were so toothless they were like me saying that I passed some laws, and the president and vice president have forgotten more about insider trading than Martha Stewart will ever know.      Yet the powers that be say they’re doing everything they can. But they’re conveniently forgetting a little constitutional sitcom from the nineties that showed us what the government can really do when it wants to go Starr Chamber. That’s with two rs.      Does it make any sense to pursue Wall Street miscreants any less vigorously than Ken Starr sniffed down Clinton’s sex life? And remember, a sitting president actually got impeached over that—something incredibly icky but in the end free of charge to taxpayers, except for the $40 million the independent posse spent dragging citizens into motel rooms and staring at jism through magnifying glasses. But where’s that kind of government excess now? Where’s a coffee-cranked little prosecutor when you really need him?      I say, bring back the independent counsel. And when we finally nail you stock-market cheats, it’s off to a real prison, not the rich guys’ jail. Then, in a few years, when the first of you start walking back out the gates with that new look in your eyes, the rest of the herd will get the message pretty fast.

He who controls the money supply of a nation controls the nation.

At a cost of up to $10,000 per pod per month, it was a highly lucrative business for the NYSE. How the setup fit in with the notion that electronic trading created a level playing field for all investors was another question.

In Trading, Every Setback is a Setup for a Comeback.

All of the short-selling chart pattern set-ups that we use rely on a high-volume break off of the peak, and this is often the first sign of institutional money exiting a stock en masse as they begin “distributing” stock.

LSFB set-ups are generally shortable as the stock drops back below the prior base breakout point and the 10-week (50-day) moving average.

Understanding Financial Risks and Companies Mitigate them? Financial risks are the possible threats, losses and debts corporations face during setting up policies and seeking new business opportunities. Financial risks lead to negative implications for the corporations that can lead to loss of financial assets, liabilities and capital. Mitigation of risks and their avoidance in the early stages of product deployment, strategy-planning and other vital phases is top-priority for financial advisors and managers. Here's how to mitigate risks in financial corporates:- ● Keeping track of Business Operations Evaluating existing business operations in the corporations will provide a holistic view of the movement of cash-flows, utilisation of financial assets, and avoiding debts and losses. ● Stocking up Emergency Funds Just as families maintain an emergency fund for dealing with uncertainties, the same goes for large corporates. Coping with uncertainty such as the ongoing pandemic is a valuable lesson that has taught businesses to maintain emergency funds to avoid economic lapses. ● Taking Data-Backed Decisions Senior financial advisors and managers must take well-reformed decisions backed by data insights. Data-based technologies such as data analytics, science, and others provide resourceful insights about various economic activities and help single out the anomalies and avoid risks. Enrolling for a course in finance through a reputed university can help young aspiring financial risk advisors understand different ways of mitigating risks and threats. The IIM risk management course provides meaningful insights into the other risks involved in corporations. What are the Financial Risks Involved in Corporations? Amongst the several roles and responsibilities undertaken by the financial management sector, identifying and analysing the volatile financial risks. Financial risk management is the pinnacle of the financial world and incorporates the following risks:- ● Market Risk Market risk refers to the threats that emerge due to corporational work-flows, operational setup and work-systems. Various financial risks include- an economic recession, interest rate fluctuations, natural calamities and others. Market risks are also known as "systematic risk" and need to be dealt with appropriately. When there are significant changes in market rates, these risks emerge and lead to economic losses. ● Credit Risk Credit risk is amongst the common threats that organisations face in the current financial scenarios. This risk emerges when a corporation provides credit to its borrower, and there are lapses while receiving owned principal and interest. Credit risk arises when a borrower falters to make the payment owed to them. ● Liquidity Risk Liquidity risk crops up when investors, business ventures and large organisations cannot meet their debt compulsions in the short run. Liquidity risk emerges when a particular financial asset, security or economic proposition can't be traded in the market. ● Operational Risk Operational risk arises due to financial losses resulting from employee's mistakes, failures in implementing policies, reforms and other procedures. Key Takeaway The various financial risks discussed above help professionals learn the different risks, threats and losses. Enrolling for a course in finance assists learners understand the different risks. Moreover, pursuing the IIM risk management course can expose professionals to the scope of international financial management in India and other key concepts.

Before we explore the account setup, let's take a closer look at how Immediate Momentum functions. Understanding the mechanics of this trading software is crucial to comprehend its potential benefits. According to Immediate Momentum's official website, the software harnesses sophisticated algorithms to analyze cryptocurrency price movements with pinpoint accuracy. It relies on technical indicators and historical data to identify lucrative trading opportunities by monitoring market trends. Immediate Momentum review operates fully automatically, executing every action on behalf of traders. Users have the flexibility to fine-tune trade parameters to align with their risk tolerance, investment objectives, and experience level. This customization empowers the software to analyze market trends and generate precise trade signals. Immediate Momentum continually assesses price fluctuations, notifying users of any significant value changes in the cryptocurrencies they're trading. All it takes is twenty minutes to set up the software's parameters, after which it takes over the trading process with efficiency.

Remembering successful trades will help you spot and execute only successful setups and boost your confidence as a trader. This will fill your mind with nothing but winning trades with minimal risk and maximum gain.

These are some of the bigger issues the developer testing strategy needs to address, but there will be smaller ones too, which still need to be handled to avoid diverging implementations and misunderstandings. Here are some questions that may be helpful in reaching such an understanding: Which tests give bang for the buck and which don’t? What types of tests are we running and how do they overlap? What types of tests are we avoiding (and why)? How large should a test preferably be? (Size depends on the level of abstraction too.) How many layers is a single test allowed to touch? Do we optimize for speed of execution or test simplicity? How do we handle test data and its setup? How do we approach integrations with external systems? What testing frameworks and libraries do we use? What trade-offs are we willing to make in the spirit of working with legacy code?

If a husband expresses a thought alone in the middle of the woods,” so the joke goes, “is he still wrong?” Probably so.

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