Rabbitone, I made no mention of timeframe. I simply said that as long as risk&reward isn't at an impractical ratio, it's irrelevant, and that what...
Whether the market is correct or not is not my concern. I simply take advantage of the tug of war between buyers and sellers.
I'd think a poor business plan is the most likely reason for a failure.
Your hand is only important in how it compares to your opponent's likely range, and becomes less important the more you can outmanoeuvre them.
That's my point - the markets are made up of people, and these people have to pick a number. People tend to think alike and like numbers that feel...
Depends on the timeframe. It's fine for longer term trading, but paper trading won't be able to replicate the results of scalping. Also, it's...
This statement makes no sense to me. If a return is restricted, it's by poor trading, not the risk to reward. Good returns can be achieved at all...
It's just one of the many self-fulfilling prohecies of the market.
There's a huge difference between a +ev trader and a winner. It's extremely unlikely a "winner from the start" was actually a +ev trader, they...
Sorry, but you killed yourself.
If you practice sensbile capital management, the risk to reward is irrelevent. All that matters is that the trade is +ev and appropriately sized.
I don't think it's overkill. It's a small cost to avoid a potential serious pain in the arse. There's also the comfort in not having to be overly...
My reply is that it is not a statistical fact that a +ev bettor (whether in traditional gambling or the markets) will win over the longterm. There...
I agree about need a fast connection, but it's poor advice to suggest the latest technology is needed. Trading software etc is not demanding. Quad...
I'm sorry but this is rubbish. Few uses of a computer require a good GPU, and trading is certainly not one of them. Few traders need anything more...
Precisely. Unless you're doing heavy number crunching or playing games, mediocre specs will do.
I like three in portrait mode. Portrait mode keeps the screens in a better field of view, as cubes are too high while flat is too wide. Just my...
That's not keeping it simple unless you only have 1-2 things open. Three monitors is comfortable, it allows me to have everything open without...
Percentage is irrelevent. Good capital management is necessary to survive the longrun, but even more essential is to simply make +ev trades, i.e....
Most people can probably be conditioned to remain calm under pressure, after all it is required in many jobs. Pilots, soldiers, firefighters,...
Separate names with a comma.