As of 01/24/2020
  Indus: 28,990 -170.36 -0.6%  
  Trans: 11,060 -83.58 -0.8%  
  Utils: 932 +3.37 +0.4%  
  Nasdaq: 9,315 -87.57 -0.9%  
  S&P 500: 3,295 -30.07 -0.9%  
YTD
 +1.6%  
 +1.5%  
 +6.0%  
 +3.8%  
 +2.0%  
  Targets    Overview: 01/14/2020  
  Up arrow29,500 or 28,300 by 02/01/2020
  Up arrow11,500 or 10,700 by 02/01/2020
  Up arrow1,025 or 900 by 02/01/2020
  Up arrow9,600 or 8,900 by 02/01/2020
  Up arrow3,350 or 3,200 by 02/01/2020
As of 01/24/2020
  Indus: 28,990 -170.36 -0.6%  
  Trans: 11,060 -83.58 -0.8%  
  Utils: 932 +3.37 +0.4%  
  Nasdaq: 9,315 -87.57 -0.9%  
  S&P 500: 3,295 -30.07 -0.9%  
YTD
 +1.6%  
 +1.5%  
 +6.0%  
 +3.8%  
 +2.0%  
  Targets    Overview: 01/14/2020  
  Up arrow29,500 or 28,300 by 02/01/2020
  Up arrow11,500 or 10,700 by 02/01/2020
  Up arrow1,025 or 900 by 02/01/2020
  Up arrow9,600 or 8,900 by 02/01/2020
  Up arrow3,350 or 3,200 by 02/01/2020

Bulkowski's Getting Started in Trading

 

My book, Trading BasicsTrading Basics: Evolution of a Trader book., is the first book in the series, "Evolution of a Trader" and the three describe the four types of trading styles, from buy-and-hold to day trading. If you want to learn how to trade or invest, consider buying a copy of the series. The books are sold individually...

If you click on the above link and then buy the book (or anything) while at Amazon.com, the referral will help support this site. Thanks.

-- Tom Bulkowski

$ $ $

I received an email asking, "When should I quit my job and trade full time?"

My answer is this: When you make as much or more money trading than you do at your day job, then consider trading for a living.

Picture of a flower from my garden.

You can trade part time using 1) setups that have a conditional order to enter the trade, and to exit -- use a 2) stop loss order or a 3) target order. If you have those three components, then you don't need to follow the markets full time. Evaluate the markets before and as they open, and then place your order(s). Near the close, check on how you did. If any setup triggered and the trade remains opened, close it out regardless of whether or not you show a profit.

Here are additional suggestions. Keep your day job...

-- Thomas Bulkowski

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See Also

 

Support this site! Clicking any of the books (below) takes you to Amazon.com. If you buy ANYTHING while there, they pay for the referral.

My novels:  Bumper's Story Head's Law

Chart Patterns: After the Buy Getting Started in Chart Patterns, Second Edition Trading Basics Fundamental Analysis and Position Trading Swing and Day Trading Visual Guide to Chart Patterns Encyclopedia of Candlestick Charts Encyclopedia of Chart Patterns 2nd Edition Trading Classic Chart Patterns

Copyright © 2005-2019 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.

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'Backward, too, you would speak if laid you had not been in 700 years.' -- YodaSmiley