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Now, the main purpose of these indicators is for one thing: ...

Now, the main purpose of these indicators is for one thing: since the beginning of the market, they have been backtesting everything and using them directly and solely for pattern recognition. Over the past 3 years, I have noticed that certain indicators consistently show a pattern that has been reliable for the last three years. While they are not perfect and may not be right every single time, if you combine your indicators with research, use stop-loss and take profit strategies, you can minimize potential losses and maximize profits. This is how you can become a successful trader.
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  • Mark Padilla : Always dropping some amazing information! I woke up and saw all these recent posts and I'm so thankful for you to have shared all this. I'm learning how to do options and It's still a bit scarier than penny stocks to me, but I'm starting small with a simple 100-500 investment. I'm reading one how to locate possible stock and performing proper research. I know I must do it, but how I go about it and what specifically in each must I be looking for. Hopefully, something clicks soon for me. Till then Ill just keep digging around.

  • Trader-101 OP Mark Padilla : I got to keep learning keep educating yourself but you got to realize there a 2 penny stock for a reason there's nothing much you could research with them they are decimated a probably about to file bankruptcy or do a reverse split so I mean that being said you're literally just waiting for somebody to pump it a group or something like that the pump it up for you make money because you'll never be able to buy into a solid company like that

  • Mark Padilla Trader-101 OP : True, this is why I swapped over to learning about options. I don't have much capital to work with any longer after assisting my family. So, I'm staying positive and trying to grow a small account. I'm also continuing to learn as much as I can.

  • treydongui : @Mark Padilla hey buddy, all due respect but wouldn't that be riskier?

  • Mark Padilla treydongui : Yes, it most definitely will be. But, I'm not jumping into it immediately. I'll be using a small margin account of what I can afford and work my way from there. I don't expect to become a millionaire haha but it's more to test waters. Wish me luck [undefined]

  • treydongui Mark Padilla : awesome. was only asking to make sure i was understanding correctly. thanks.

  • Mark Padilla treydongui : of course. Options trading is risky, but there are ways in which you can mitigate some of the losses and as I am new I can't put it into words clearly as to how it is done exactly without it being a mess lol but there are ways that I've read about it being done.

  • treydongui Mark Padilla : i get what you're saying. i seen a vid or 2 about profiting from hedging. Don't feel like my grasp is solid enough to jump in w/o hand holding. im not asking anyone to invest that kind of time, Haha. I'll get a firm grasp on it eventually. I feel like I understand it but there may be one or two very important factors I could possibly Miss that would break me so I'm being cautious

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