Yes, it's called vwap. It serves as support and resistance area, providing opportunities for quick trades.
Yes, there are rules. Apart from the classical trend following rules (stop at the last low or last high), you can calculate the average volatility...
Do you realize it takes very long time to build a big account to the point where retirement is an option? A trader who starts with a $10k account...
Depends on what you mean by "tremendous edge", that is essentially meaningless. Anyway, it depends on several variables. For example, the capital...
Let's say I have stock that is highly correlated to the market index, for whatever reason. The stock is in a uptrend and is forming a...
Are sure these are not bad ticks? Anyway, I can show you current charts of liquid assets which looks like pre-hft charts. Hell, Brooks himself...
Source is Al Brooks website, I don't think I'm allowed to link to it. Price action What is price action? There is no widely accepted definition...
Oliver Velez.
Brazilian here. There's only one prop trading firm with decent standards, it's called LVL. It's rather small (less than 20 traders). You deposit...
80% of range breakouts fail. Being in favor of the underlying trend helps. Source: Al Brooks and experience.
It's going to tank.
Agreed, I'm not dropping my Bradesco, Itaú, AmBev and CETIP shares. They are all great and solid companies in the middle of this hurricane called...
I can see where you come from. We also see downgrades at the bottom, and it's happening. But I can't deny the fact that the government is...
I can't see consumer confidence and spending going up in the short term. Anyway, unemployment skyrocketed so I would not bet on business...
If you say so. I don't believe in good outcomes from long term retail algorithm trading.
This thing is gonna blow in the next few days. Former president "Lula" (same political party of the current president) was detained this morning...
You need at least 12 months of expenses saved up. That said, you should be able to pay your monthly expenses and grow your account with a 1R...
In retail trading, the event you described is rare. In fact, what you describe seems to something worth much more than a retail trader could ever...
If you keep looking for an edge as a specific secret or strategy instead of putting in work, practice, reading and learning, you'll never succeed...
the fuck is this thread?
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