Prudent risk management is not in and of itself and edge. For example - at the game of roulette there's no risk management scheme that will...
One possibility - Define your initial risk on the trade. Take part at X multiples of that risk. Pull your stop to B/E then trail the stop on the...
Did you trade it?
The trend is your friend. Lots of traders use something like a long term moving average 50 - 200 days to determine it. (Even traders who are...
Mastering one trade setup and learning to manage it properly before adding another to the plan.
That would depend on your timeframe - but yes - a close above something like a 200 period MA.
I use a similar concept as KCalhoun in my trading. Is the market opening inside or outside of a composite value area? Range and volume are...
If you can only trade on the long side where you live - I'm going to second the vote for using a long term moving average as a filter. There are...
@tiddlywinks, this is great! You and I approach things in a similar manner. While I may not have articulated my thoughts well, I share your...
Pretty cool. Looks like Kepler's fractals or the Serpinski's Triangles. Maybe it's because consciousness itself is fractal?[ATTACH] Edgar...
Tiddlywinks, yes - this is very similar to what I do. I call it relative volume. How is cumulative volume running compared to the average of the...
It's correlated on the same day. That's the whole point. There is nothing after the fact. I urge you to dig deeper and look at the relationship...
Yes, I don't see an average for when the NQ was at that price on that date. That is one date of 5046 dates. You're demonstrating absolutely...
I've got one guy in here telling me that traders don't use math and that a correlation coefficient of > .60 isn't statistically significant...
I've said nothing of the sort. It's 20 years of data. Don't be a clown. You're making a fool of yourself. The correlation is on a data set of...
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