Wave trading: stock market strategies

October 26, 2007

Russian stock market

Filed under: — mehanizator @ 03:25

More trends. More insiders, so even more trends and less gaps on fundamental news! Limited choise of liquid stocks (about 10-15 if you want intraday). Iven more limited choise if you want futures. Options’ liquidity is just ugly. So better forget derivatives, spot market is the best choise.

Cheap comission, counted as % of trade volume, not fixed $ per contract. Good technical solution on MICEX, fast and reliable.

Morning gaps :( USA markets and oil futures are essentials for traders, but they mostly trade when russian exchanges are closed.

Timeframes

Filed under: trading strategy — mehanizator @ 02:59

Market is the battle between different strategies, different ways how to take decisions. But this battle field is not a single whole. It’s divided into small parts called timeframes. One strategie may be a winner on one timeframe, but lose on another one.

October 23, 2007

About

Filed under: — mehanizator @ 15:40

It’s been two years I’ve started to write here, and two years since I’ve finished it. It was test drive, I guess. Had many things to do outside blogging and writing. But now I’m concentrated on it again. I’ve got many ideas about stock market, technical analysis and trading strategies. So now I’ll try to put it here one by one. Mostly about technical analysis, because I think this is the key to understanding price movement. Patterns and human psychology, prints of collective subconscious on visible reality. That’s all stock market is. But may be I’m just too dumb for fundamentals.

Markets and analysis

Filed under: trading strategy — mehanizator @ 13:48

In ideal, effective market only fundamental information works. But in real market, where traders can be irrational with their decisions, things become more complicated. So when fundamental analysis deals with rational part of market, technical analysis deals with irrational part of market. Something like that.

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