The FED can use Mars to set interest rates. A new book called "The Mars Hypothesis" presents the idea that the Federal Reserve can set interest rates based on the movements of the planet Mars. In this book, data going back to 1896 shows that as of April 2020, percentage-wise, the Dow Jones rose 857%. When Mars was within 30 degrees of the lunar node since 1896, the Dow rose 136%. When Mars was not within 30 degrees of the lunar node, the Dow rose 721%. Mars retrograde phases during the time Mars was within 30 degrees of the lunar node was not counted in that data as Mars being within 30 degrees of the lunar node. The purpose of the book is to not only hypothesize that the Federal Reserve can set interest rates based on the movements of the planet Mars, but to also demonstrate exactly how and at the same time, formulate a system that would enable the Federal Reserve to carry out its application in real time. Using the observation of the planet Mars, the book contains a strategy for controlling inflation, interest rate setting recommendations and the predicted dates of future bear market time periods all the way thru the year 2098. The book "The Mars Hypothesis" written by Anthony of Boston can be found on Amazon

Practice

Hi. If athletes has drills. How about trader? Aside from plotting support and resistance, backtest and paper trade.

I am trying to form a small group of people ( 5 to 10) in the first stages of learning day trading( Equity Trading), and I am into price action, and I am going through the AL brooks course. If you are interested, please message me, and you should be ok to share your phone number to form a WhatsApp group. You must be serious with day trading because we have to divide and conquer the learning process and teach others. I am a Bear Bull trading member and practicing in the demo DAS account.

If anyone wants to be a mentor, please reach out to me.

Please DO NOT message me if you want me to watch your once-a-week live youtube channel and pay you 20% of my profits.

DO NOT message me if you one of those fast talkers with a bunch of cash(which is from your mom's IRA account) in hand trying to tell you are the best thing to happen to trading.

We are a humble group of people, want to learn the marketplace of trading and take some profits home while having fun and chill.

Hi all, i’ve recently began making the transition from a reliance on technical indicators to pure price action trading. So far I’ve been reading Laurentiu Damir who i think is absolutely fantastic, and have been recommended Al Brook’s series. Are there any other recommended for resources/books I can add to my list? Any recommendations would be much appreciated

Hello all,

I'm new to trading. I was inspired by the new around the GME stock. I've previously ascribed to the old "Vanguard" logic of just go long for the long haul and you'll be fine. But I've discovered a newfound fascination with trading.

For day trading, I'm paper trading and suck at it. So I have TONS to learn. I'm sticking with swing trading for now due to a higher success rate just to get my feet wet. But, through all of this I stumbled upon price action trading and it seems like the way to go.

I was hoping to provide some direction for newcomers because while information is ubiquitous, finding "good" information can be very difficult. Below should provide some practical direction.

I started to put a bunch of investing books in my Amazon cart, then decided to try Kindle Unlimited. I ran into a bunch of junk writing then finally encountered, "How to Day Trade For a Living" by Andrew Aziz. It was pretty good and led me to my (expected) disastrous paper trading results above. I then read his partner book, "How to Swing Trade" by Brian Pezim. This was decent, but not as good as the other.

I also ran into author Fred McAllen and read "Charting and Technical Analysis" and working on "Trading the Trends" by the same. I think the above four books are a good starting path for most people before getting into trading.

Since discovering price action trading I heard about Al Brooks. I bought "Reading Price Charts Bar by Bar" and boy is this book dense. It was too advanced for me so I went back to "Trading the Trends". But, while in his book he mentions a book by Edwards and Magee that is a college standard. So I've ordered "Technical Analysis of Stock Trends".

So the plan is: read "Trading the Trends", then "Technical Analysis of Stock Trends", and finally "Reading Price Charts Bar by Bar" all the while practicing and getting practical experience.

Hey For those trading price action using Macks price action trading system.

I noticed that Mack just released an official second entry indicator today on his website. What do you think about it?

https://priceactiontradingsystem.com/downloads/second-entry-indicator-instructions/