| Q. |
Will I be successful in trading after learning your setups? |
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| A. |
Maybe and maybe not. As someone famous used to say, trading is 90% mental, and the other 50%, mechanical. Setups belong to the mechanical part.
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| Q. |
How do you do with the setups? |
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| A. |
I do great when I follow my setups.
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| Q. |
How come you have so many setups? |
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| A. |
Although some setups are indeed similar, the majority of them are unique. Of the similar setups, I listed them separately after some consideration. It's worthless if a setup says to buy a break-out. But if a setup says to buy a break-out on a Friday when Cramer cries, then it might be worth $3.
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| Q. |
Are your setups based on technical analysis? |
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| A. |
No. I don't use technicals beyond some very basic concepts. I never bother with moving averages or minute intervals or MACD or whatever. I use Yahoo's plain intraday line chart with nothing added. My setups are based somewhat on psychology and common sense. And I believe they're more reliable than technicals.
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| Q. |
Why don't you list the names of the setups? |
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| A. |
I feel that'd be too revealing. Besides, offering individual setups is meant for users to try out. I believe it's a good deal to buy "All Setups".
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| Q. |
Does your daily blog on setups list possible trades for next day? |
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| A. |
No. Maybe later in some way. Many setups are the result of news (earnings, ANALysts, etc) in the morning. At the moment, I list some potential movers daily at My Virtual Office.
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| Q. |
Can I still play with my dynamites? |
| A. |
By gosh, be my guest. |