I see nothing wrong with predicting reversals. In fact I consider it the epitome of trading. The thing is it must be done properly....
In all this whispering and veiled references I doubt we all got exactly the same thing. Isn't that funny! At any rate, whatever one believes...
Errata corrige: "Of course the choice becomes more difficult as the profitability of your hypothetical, p=0.95, game decreases, as the potential...
The question is posed in improper terms and cannot be answered without considering win and loss. If for example the potential loss were to be...
You raise a very good point. I found it both worthwhile and necessary to reflect around the concepts of obstinacy, perseverance and...
Wouldn't it be clearer to say as follows: Obstinacy is the negative connotation trait of doing the same thing over and over to the same result...
Here's another song about trading: The Foreign Exchange, Something In The Way She Moves. (But the George Harrison or Elvis Prestley versions...
Individuals who engage in financial speculation lie about their activity in order to avoid the judgment that comes from preconceived or...
It isn't about "small traders" losing due to overleverage and stops. It's that the small accounts generally correspond to new market entrants who...
The best song ever about trading is Eye In The Sky. It includes some extremely advanced concepts. You listen to it and can't help thinking how in...
I consider price moving as an indication of "pump and dump" in progress. :)
My take on the subject is that even speaking from the perspective of highly leveraged directional trading, stops should be viewed in a far less...
I would like to take the opportunity presented by Redneck's kind intervention in my favor to rephrase my previous statement regarding the use of...
I realize now that you really view the market as a neutral playing field. What a curious notion! :) Basically you've taken an entry from a...
You seem a profitable mechanic. So, say, you've set up your workshop in a shed (or in your studio as the case may be. Whatever). You proceeded to...
It appears some retail traders make a living, perhaps even a good one, trading mechanically or fully automatically, an "edge" based on some...
I've come to the same conclusion as emg. Stops are for wimps ...and for those who don't know any better. - ras72
RedDuke, Look. I fully understand the running the stops and the Kansas City Shuffle ("everybody looks right, you go left") thing. And the...
IMO Nysestocks was pointing to a specific technique built around a realistic view of how the markets operate. As he admits he didn't discover it...
Repost to correct links. This is quintessential trading: Alan Parson's Project - Sirius - Eye In The Sky - ras72
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