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The trading log above is meant for myself only which main purpose is to help improving my market sense.
My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the prediction is wrong, I'd be embarrassed, which of course I'd like to avoid as much as possible.
Day trading is not my strongest point. Just for the same pattern, it can repeat frequently on the 5 min chart while on daily chart it may take months to appear once and another month to know whether the idea of trading such a pattern is right or wrong THIS time, so practicing on the 5 min chart is a fastest way to learn to trade.
Day trading inevitably would have good days and bad days, it's a part of the game. If I always have good days, it means I'm either lying or already the richest person in the world (then why I'm still trading?), so please don't blame me for making any bad calls. The log is for myself only, not meant to be followed.
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Might any one know why the SMA(200) on Stockcharts is different from SMA(200) on Marketwatch (or Fidelity, for that matter)?
On Stockcharts SPY was clearly above SMA(200) today, while on Marketwatch it traded mostly below SMA(200) today. Attached is a screengrab from the Marketwatch chart, but Fidelity shows the same.
Stockcharts SPY was dividend adjusted. Marketwatch not. If you use _SPY on Sockcharts which means no dividend adjust, you will see they're the same.
contra wrote: ↑Mon Mar 24, 2025 5:31 pm
Might any one know why the SMA(200) on Stockcharts is different from SMA(200) on Marketwatch (or Fidelity, for that matter)?
On Stockcharts SPY was clearly above SMA(200) today, while on Marketwatch it traded mostly below SMA(200) today. Attached is a screengrab from the Marketwatch chart, but Fidelity shows the same.
Stockcharts SPY was dividend adjusted. Marketwatch not. If you use _SPY on Sockcharts which means no dividend adjust, you will see they're the same.
Sorry, I thought I've answered you yesterday but somehow the answer wasn't posted.
So answer again:
SPY in stockcharts is dividend adjusted while Marketwatch is not. If you use _SPY in stockcharts which means no dividend adjust then you'll get the same result.
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