Trading Devices

NYSE Technical Chart Analysis

NASDAQ

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12/31 3:00pm EST

Dow Jones

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12/31 3:00pm EST

S&P 500

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12/31 3:00pm EST

PG Trading rules

  1. Never fall in love with a stock.
  2. Never take on a position larger than your comfort zone
  3. Patience never chase a stock,don’t chase momentum .Assume the market will reverse the minute you get in. If it’s a long way to the door, you’re in big trouble.
  4. No one ever went broke taking a profit. Even on stock market GREED is a sin and YES “pigs get slaughtered”
  5. Whenever you think you’ve found the key to the lock, they’ll change the lock( algorithms change)
  6. When you have that ” i know it all” feeling STOP TRADING for a while
  7. Trade chart  not news. News will follow chart
  8. NO, sky is not the limit and trees dont grow in to the sky if you dont believe me  gravity will pull you back.
  9. Buy the first pullback from a new high. Sell the first pullback from a new low,buy at support, sell at resistance.Sell the second high, buy the second low
  10. Exhaustion gaps get filled
  11. Dont try to catch “falling knife” stock , let others do it. Don’t be a hero. Go with the money flow
  12. If there is a doubt there is no doubt. Forget your know knowledge trust your instincts
  13. Never trade in first 60 min , Let market take directional move , REMEMBER they see YOU coming
  14. Stock always remembers price it will come back where it came from
  15. This is stock market, take other traders money before they take yours.