

006: Tim Walker – Using Technical Analysis and the Methods of Gann to Takeout Big Moves
33 snips Feb 5, 2015
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First Trade Failure Lesson
- Tim Walker's first trade was a losing short sell on BHP, which contradicted beginner rules.
- This taught him that trading is more complex than basic beginner advice suggests.
Focus on Market's Bigger Picture
- Learn to see the market's bigger context before trading to avoid randomly guessing.
- Zoom out to weekly or monthly charts to distinguish bull or bear markets for directional bias.
Favorite Trade Confirmed Success
- Tim's favorite trade was a double bottom setup in Coalsmire that coincided with a takeover rumor.
- This lucky event confirmed to him that applying proper study and rules can lead to success.