You can keep the discussion going. I don't mind as long as harassment is not present. Bear in mind I am in the middle of some experiment. I am...
No big reaction to the data.
Waiting for home sales data.
6 point range (988-994) overnight. volatility is back. Feeling is I will make some trades today.
No argument, everything you said is right. The problem is misunderstanding. You may not see clearly what I am trying to do here. Though I trade...
Nothing can be gained arguing this point. We both may quote some successful trader for support.
Even though English is my second language, I would argue "missed trades cost you more than bad trades" means "all your missed trade as a whole...
This experiment is ongoing and the number is what I am trying to find out. However, TGregg provided some insightful statistic to show that my...
I could change to a system which always gives late entry, or a mix of early and late entry, but there is no guarantee that the loss from being...
It has been my observation by now that the average poster on this board has rather limited knowledge about statistics. It's very hard, if not...
I don't pretend to understand everything said in the book. Some I understand but I don't know how to make use of. Can you elaborate how you...
I will quote from Market Wizards again. It's the book I reread the most times. Some say it's worth its weight in gold ($2000), I think it's worth...
I am short because I believe the next move is down. As long as it remains sideways, I don't lose anything. I don't see any problem in this. If one...
The difference is this time if my system tells me the bias has changed to up again, I will trade from the up side. I overuled my system in March...
SPX trend was up through late June. Since then I read sideways. My down bias means what's coming next more likely is a down trend, hence it's more...
8/22/03 Day 5 Bias: down Position: open from 990 on 8/15/03 P/L: -2 points Sell and hold P/L: -2 points No fear, no greed, lots of patience
20 point range (992-1012) for the day. What a day! It unfolded in the way I least expected. And so many interesting discussions to follow. Not...
What I mean is I don't change my mind (bias) when the position remains open. I will reevaluate after the close of the position (either target or...
That will be nice but I do not count on it. The market may gap up again on Monday and I have to stop out. When I put on this position, I was...
This is a result of understanding statistics. Do you believe the probability of raining tomorrow is always 50%?
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