Very much agree here. These retail platforms (Ninjatrader, Tradestation. etc...) lack the capability to perform the broad spectrum analysis needed...
That's correct. I just emphasized it, since many neophytes don't have a grasp on order flow dynamics.
Unfortunately yes. It doesn't mean you can't use some intuition or context, or even live trade while you develop, but only for research purposes,...
Live testing (small size) gives you a picture of where (or if) your orders might get filled. In many cases, a backtesting model can't be trusted...
“The random walk model of price change has been so durable because it’s nearly correct. The difference between futures prices and certain random...
I can't determine whether you're wasting time, but I can tell you how to invest your time, to have a fighting chance. Hopefully, my advice falls...
One month, maybe two, or even three. Consistently year to year, it's a pipe dream.
Even 5% a month, you'd be a rockstar. I think the OP has some hard lessons to learn in the "mathematics of leverage", before he spends a dime on...
Aren’t we all? I hope this is a joke.
It works, but not the way books and gurus explain it. The technical levels (entries, stops, targets) should be symmetrical and not pattern or OHLC...
Because everything is depressing. We're all living a fallacy.
Not really. Most is learned through trial and error in research and real-time.
Best to just get group mentoring here. No one has incentive to teach you unless you work for them. Do you have an entry technique? Quantitative,...
Yep, no edge to begin with. Reflect on that for a while and come up with something definitive.
But you're forgetting one huge advantage. It's called leverage. Try buy and holding QQQ overnight with 20:1 leverage. You'd have been wiped out,...
I can definitely attest to this. Once you do get it right though, it's a liberating feeling. The level of control you have with fine tuned custom...
Would you help her out?? [ATTACH]
This is just wrong. He’s not Hitler :)
That's some scary shit. Hero to zero in a matter of days. It's looking pretty grim for him.
So true. You can turn a tiny edge into a large one with gambling and probability theory, but you need the live trade data.
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