Learned how to analyse stock charts to find what price zone I want to enter at

My background: Having been trading for 30 plus years, I would say almost 90% of those years my trading account was in a net loss for that year. My trading account starting value was between $2000 and $3000 and over those years I would have to add more cash to my trading account because I would keep blowing out the account out on bad entry trades, trades with high risk, or improper trade management. Fortunately, through the company that I used to work for, my personal 401K had grown too close to 500k, before I retired from work. What questions I had for OTA: 1. My main concern is, do I have enough money in my IRA trading account to cover all my monthly expenditure? 2. How many trades or trade gains do I need to meet line 1 question? 3. What type of trade will I need, buy and hold, option trading, short term trader, future trader, or a mix of all? What I have learned after completing OTA’s Professional Core course: 1. Create a trade plan to use as guideline and how-to setup my trading goals (how I can, by trading, cover my monthly living expenses). 2. Learned how to analyse stock charts to find what price zone I want to enter at, and with high probability, where I suspect price will go to meet suspected target goal. 3. Learn if I’m should take a trade long, short, or no trade if the trade setup doesn’t comply with my trade rules. 4. Learned money management on my trading account (proper risk/reward rules) and trade position size. 5. Learned how identify before entering a trade, what my target goals and stop loss are and how-to setup trade orders to be executed if the traded stock hit either price, per my trade plan.

Rob Hanson (Minneapolis, MN)