It has been twenty years or more since I read his book, but it seemed to me to all boil down to a pattern recognition methodology. As such, it was...
Gee, nobody knows or can forecast the future with anything greater than 50% precision. I'm shocked.
IMO, a simple MA crossover or MA slope change, no matter the lookback period, will never result in a positive expectancy trading system. The...
If you insist on selling options, look at selling the ones where you maximize probability of profit x (reward/risk). In theory, that should work...
It is in the article. Bitcoin and other cryptocurrencies are inefficient vehicles to directly conduct transactions and trading with. Thus all the...
What do you propose that folks do with this data? GE has probably been highly negative for years, and not gone bankrupt. Should we buy the lowest...
This cycle chart is kind of BS. Since low and high are relative and not absolute (except for zero), and the fact that price structure is fractal...
Zurich Axiom #2: Always take your profit too soon. Summary of "The Zurich Axioms" by Max Gunther
Price is lognormally distributed with some amount of skew and kurtosis. The thing is, skew and kurtosis are themselves stochastic. Therefore,...
Your rules are BS because they are not precisely defined. How is a "strong" candle defined? How is an upthrust defined? You need precise...
The lookback period for a moving average does not hardly matter. The main issue is to reduce group delay (ie lag) as much as possible, and take...
If you are going to use MAs, then you should learn to engineer them a bit. The work you want to look at is by John Ehlers. The biggest downside...
The whole world was so corrupt at one point in time that God destroyed it with a flood, except for Noah and his family.
There is every reason under the sun as to the why. Trying to find cause and effect for every movement is surely a path to madness.
See attached. Obviously, the assumption of normality is suspect, but you get the basic math.
I would think "Buy Low, Sell High" always stays profitable through time. However, since low and high are relative and not absolute (except for...
No, that's what this whole thread is about. Just taking your best shot is at best a 50/50 proposition at best. Smallfil is correct about positive...
By data lag, do you mean network latency from the exchange servers to your computer? If so, do not worry about it too much unless you are in a...
There are entire threads to search on why moving averages do not work, but the main reason is group delay, more commonly called lag. MAs are...
The perfect indicator. 100% accurate from 1 day ago. price[0]-2*price[1]+price[2] This creates an oscillator that has perfect timing 1 day ago....
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