David
David Patrick has traded bond futures,spreads,equities and options for over 20 years. He graduated from The Ohio State University with a degree in Finance, in 1995. He started his business career as a Trust Tax Accountant for National City Bank. He became an Investment Advisor at Olde Discount Stockbrokers in 1998. Five years later he became a top trader for Elite Trading LLC. At this hedge fund, David led a team of traders specializing in bond future spreads to an impeccable track record. In 2008 he branched out on his own and became a very successful Independent Trader. On January 25th, 2013 he successfully launched Fitzstock Charts Premium Service. This elite trading service has helped traders around the world learn his proprietary trading methodology.
Another excellent training video. Love them. They have helped me better understand ROE and how to look at charts. The 5 min rule has proven very beneficial. My trading has improved since subscribing, looking at your chart posts and following the rules.
Please keep up the training videos and any thanks for all you do for us.
Ron
Ron,
Thanks for the positive feedback (much appreciated)
Good luck trading.
David
TX- Dave, excellent primer. One question: when you go to the lower time frame, lets say a ten minute chart, are you still looking at the ten day sma or is that a 10 min sma? I assume that it is still the daily sma but perhaps that is not the case. Thanks-Peter S
If you are trading a lower time frame, it is the 10sma on that time frame you are trading.
i.e- 10 min bar charts are the 10 minute simple moving average (only if you are day trading)
Thank you