I enjoy reading the tape for what it says. Price, volume, and time are the only variables that matter. Indicators like RSI, MACD, Stochastic Oscillators, Bollinger Bands are based on past price action and are therefore lagging and often misleading
Founder of SocialLeverage50.com, Author of The 5 Secrets To Highly Profitable Swing Trading, Crash - How to Protect & Grow Capital during Corrections, The Next Apple - How To Own the Best Performing Stocks In Any Given Year, and The StockTwits Edge
Mercenary Trader: Timely market commentary, valuable resources for current and aspiring traders, awesome interviews and free special reports, high quality materials on the psychology, theory and practice of trading, and more.
Measure the wood twice, cut it once.
Views posted here are solely my opinion, do not constitute a trade recommendation, and have no relation to the views of my employer
Top 3 High Conviction Holdings: TRXC, NVCN, NOK