edgararakelyan

I'm not good with the fundamentals of aapl, but I'm pretty positive they aren't bad enough to allow aapl to break their support trendline from 2009 at 460-70. I've heard earnings should be pretty good for this quarter and that could boost aapl up.

On this chart you can see my trades with the arrows. (click on the pic to make bigger) AAPL found some resistance in the gap at 510-520 and immediately returned back after venturing into it. The stock's volume and rsi are dropping showing a potential drop back to 490 tomorrow and possibly see if the gap will hold support. In the 1-5 day charts the 18 dma crosser under the 50dma so a possible sign that the stock will drop. Also waiting on aapl's earnings report. By the way I've only been trading for about 7-8 months and am still a newbie, I only trade about 8k and I'll be posting my earning each week. I'd appreciate it if you guys could give me advice and discuss. This month i'm up $330.

Sorry I haven't had the chance to post. On tuesday, I had bought aapl at 488 and then the next morning I sold at 502.

I'm getting much better and more profitable. When I make a mistake which I often do, I always learn from it and won't make it again. By the way I'm only 16.

Uploaded with ImageShack.us Aapl could possibly have a bullish week beginning tomorrow possibly, as you can see volume is slightly winding down. It could also drop down to 480 still in the long run according to fibonnaci and even test a support trendline from 2009 in 460-70. In the andrew line you can see that aapl broke through the resistance and tested it, it has to be able to hold 520-30. if aapl's earning are better than expectations it would mean good for the stock but if they underperform the stock will be in bad shape as this quarter is normally their quarter.

I've only been trading for about 8 months and thus far I have made about 30% profit of my initial capital. So I was wondering how much a good day trader makes each year? 50%, 100%, etc.

If I had 100 million I'd probably put my capital not high dividend stocks and collect funds and have fun or attempt to become a billionaire, I don't know lol I'm trading a bit less than 8k.

The money to be made in trading is phenomenal. With enough practice and enough money you can become a profitable millionaire working at home. I wonder why more don't learn and practice trading instead of going down the path of education.

Intermittent fasting is perfect if you are cutting. Instead of starving the whole day you eat during 8 consecutive hours and fast the rest. I don't care if it doesn't speeded results, it makes life easier.

I'm going to log my trades with AAPL as it is the main stock I trade. I've been fairly profitable doing day/swing trades of the stock.Take my posts with a grain of salt as I have been trading for about 8 months.

Lol, this has happened to me but fortunately I got lucky. I on accident bought aapl instead of shorting it and aapl rose about 10 points. Learned my lesson and made some money.

Letting my profits run is probably my worst, as in today with aapl, i went short at 520 and covered at 516. It doesn't look to good for aapl and there's a chance aapl could gap down a few more points tomorrow but I'd rather not risk it as there's a resistance too close for me at 515.

This is completely true, I've read a 500 page book on candlestick patterns, and honestly it doesn't help unless you are looking at the close of the day/week.

I won't get into a breakout until it tests the support(old resistance) and is on a nice amount of volume.

technical analysis has worked for me thus far and I've been trading for roughly 7 months.

My fav indicators are volume, moving averages and fibonacci. Volume helps me see if the moves or breakouts are serious and it can also foresee the end of a trend and is very important in the formation and confirmation of many patterns such as head and shoulders. I use the 18,50 and 200 dmas. The 18 and 50 crossover seems to correlate with a bullish or bearish outcome depending on whether the crossover is bearish or bull. Fibonacci indicators such as fibonacci calculations, fibonacci arcs which calculates time and price change and fibonacci fans seem great in telling future resistances and supports and helps me find targets. But again, 90% of the trade is based off of price and volume.

Technicals definitely for me. Fundamentals seem very boring to me and the feel when you predict a move and make money off it from a chart is amazing.

This one especially. Average people with no investing/trading skills stash their money in a saving account, even a man who won over a hundred million did so. Average people also don't know how to take calculated risks. Every played poker with noobs.