1. They are all Fibonacci numbers, I got the values from another trader and they worked well enough. The important thing to keep in mind is that...
Yes, but by high risk I mean that the chance of incurring in a loss is much larger than achieving a consistent profit. Most people are very likely...
No time frame, I use the results of the individual trades I take.
The best way to evaluate a trader's quality is to backtest the trades that they took. If this guy is indeed "live day trading", just register his...
If you actually stick to a single, 100% objective and profitable strategy, without resorting to emotion or trying to outsmart markets, pretty...
Sure it helps, but if you need meditation to keep your nerves together, you are probably using a position size that's way too big for you. Trading...
I absolutely agree with you. What I am saying is that moving averages work much better when you replace them with Bollinger Bands, that is, the...
When I was doing some day trading using MAs, I used to have a 34/144/610 set of exponential moving averages. If they were aligned from shortest to...
Market making behaviour, IMO, is simply accumulation and distribution, which in turn is characterized by lower volatility and high horizontal...
Well for moving averages, they're simply averages of the closing price, not some magical support and resistance. I see a lot of people debating...
Please forgive me if the following sentences don't really make sense, I've had quite a few beers already. Indeed I forgot to state a definition...
I'm just barging in here but here's my two cents (I've been writing about this as part of a book I'm working on). First of all, markets are not...
Well they do work insofar as you adapt them to meet the requirements of a lower/higher timeframe. Ideally speaking, your system should indicate...
How are you my friend? I have not been posting here, I am actually caught up with freelance jobs and I am actually working on a small guide to...
Okay, so this trader in Brazil (whose name I will not say here) is going around the internet claiming to be the "creator of probabilistic...
Separate names with a comma.