Try this technique out.
Right before you fall asleep.
Close your eyes and think about the stock market.
Let your mind drift.
Only works if you have been watching the market for a while.
Works really well if you have been watching the screen/level II.
The reason you want to do this when you are tired is that your left brain /logical side will be shutting down.
The right brain has the ability to process millions of bits per second in the form of audio/video while the left brain while 'smart' and logical is fairly limited in its processing capabilities, maybe 16 bits at a time. the pathway in the left in terms of the data stream is narrow though speed can be improved with practice.
In the right brain the past the present and the future are all one. There is no concept of time. So if you do it right. You should get flooded with imagery/patterns/connections
Now your task is to translate the imagery into trading levels/prices/strategies.
The best is of course when your mind actually throws up the number at you
Those are the easiest trades.
Usually you will get complicated imagery, which then has to be translated into stock market action.
Right now I'm long on 3800 put for 20 could go to 40 if gap fill comes.
Lets see.
I never said i was a good trader. I am good at analyzing things.
The ability to keep an open mind and see the possibilities.
Thats my speciality
the problem is when you have too many possibilities which one do you act on???
Gonna try out some freshly optimized trading systems to try and solve this problem.
Annualized returns of almost 1000% percent possible on margin capital.
The system is based on shorting high with a small stop and covering back quickly.
Catches w5/wc tops and covers before internal test of w4 lows.
Will let you guys know how it goes later.
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