That capital is controlled by humans with human motives, or by "machines" that have been designed to operate in a way by which particular humans...
I have days were I gross three points and nearly net the same. I have had days were I grossed three points and was net negative one point.
A trading algorithm is a set of rules defined by a set of market variables - rules with precise definitions for initiating a position, taking your...
Funny to have come across this thread. I just found out about robinhood a few weeks ago myself. A poker buddy of mine told me about it and we're...
As I view the world, it is thinking like that that separates those who can from those who can't. To view a trade as a "guess" is to view it as...
If that is what you believe, then it is no wonder TA "doesn't work" for you. I use TA in much of trading. I never feel like I am "making a...
I agree. Most will have failed to learn correctly to identify these patterns, failed correctly to identify a measuring move from a random swing,...
I spoonfed a real nugget from @bighog above. And I wasn't the only one who found. @KDASFTG noted that "ET is one hell of a treasure hunt!" In...
Reading post after post and thread after thread about how TA doesn't work written by those who so obviously don't know how TA is supposed to work...
This is all I'm willing to show (this is from this morning's ES trade). [ATTACH] I'm not here to give away edges or teach TA. TA, used properly...
If that is what passes for TA, then it can be no wonder why so many piss and moan about how TA doesn't work. It is not in the charts as you are...
Or they are in it simply to be in it, i.e. "for the action." I know a few gamblers who are like this. How would you use "TA...
"not everything which counts can be counted" - How true. Edges differ in kind/class. Nice post G_o_B
This is perhaps best understood using the example of momentum "divergence." Linda Raschke has long used a 3-10 price oscillator as a momentum...
Wisdom. The initials jcc mean anything to you, @Handle123? From Texas?
I would say so. To the extent that a loosely defined algorithm lacks exact parameters for entry and trade management, it is discretionary. Hill...
In another thread, @Handle123 has mentioned the work of John Hill. A few of Hill's thoughts that seem pertinent here come to mind: First, the...
I look back to my first reading of chapter 8, "Introduction to Mechanical Trading Systems," in Hill's Ultimate as a turning point for me. An...
RIP Don. You were one of the good ones.
This all reminds me of an old story from Stanley Kroll's Dragons and Bulls. It was from a chapter entitled (apropos this thread) "Those That Know...
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