Updates on Premium Section and Intraday Bias Articles
By LawrenceThe documentation type articles on premium reports are coming along slowly. Suffering writer’s block at the moment as I have to figure out ways to explain things in easy to understand language. It is a challenge but well worth the time I put into them. Several will be ready soon.
From the many emails I received from newcomers with day trading, it seems that one of the major obstacles is the lack of good basic chart reading skills. Solid chart reading takes time to train but in the meantime the newcomers suffer from the difficult market environment we are facing. I have started posting intraday biases that should help.
The first few ones are on Emini S&P. The next few ones will be on various forex majors. These biases are originally intended to be part of the automated real-time analysis tool on the site. Since my web programmer could not get a working model on the auto update for me yet, it is not a bad idea to post the various setups now.
One thing to remember is that these biases are not there to replace good chart reading skill. They can be used to jump start / shorten the time it takes to become a better trader but they are not the complete solution. Newcomers still need to focus on good discipline and proper money management to take advantage of the knowledge I share.
