Agreed :) "Just make money" ...but that happens to traders who have natural trading skill. For those who dont have that trader's instinct in the...
Agreed :) I am not saying algos are wrong...the approach people developing algos is wrong. I suggest two corrections in the algos development:...
Coooool ! ! ! True Focus means focusing on the task on hand with ONLY one PRIMARY aspect to FOCUS upon. Otherwise it is DISTRACTION trying to...
You missed my point. In India algos not available to common retail traders :) It is available only on three conditions : 1. Certification from...
We may put it this way: Acquiring knowledge for applying or just analytical purpose ?
Yes...Wisdom comes from experience and insights :) With wisdom comes priorities: 1. First priority to control losses 2. Second priority to...
There are three levels of traders: 1. Speculators 2. Professional traders 3. Common traders Speculative traders may be independent traders or...
We both are sailing on same boat :) Your above example is skill oriented knowledge. Which comes under Deep/Narrow category !
In other words "odds of being theoretical go up" :) I can explain my trades as : 1. Trend trading 2. Counter trend trading
Next time when you encounter a knowledgeable person, ask him how he "applies" his knowledge. If he ignores your question then understand that he...
Let me get straight. BROAD market knowledge had got NOTHING to do with ROI. What is needed to generate profits is DEEP trading skills. I am NOT A...
Unfortunately our education system has brain washed people to be salaried slaves rather than businessmen. Our education system dump on us all the...
Please note : I have edited my previous message. Its fixed based on common sense and experience. No science behind it :) More importantly...
This is a micro-trend-trading technique. The %s are fixed proportionately to suit micro-trend. The 0.08% is independent of any strategy and...
"Breakout Nullified/neutralised" means price touches/crosses "closing price" of the first candle of the day with high-low<=X points (0.08%).
This strategy works best when 1. Traded on multi-sector Index like Nasdaq, FTSE100, etc, (not suitable for single-sector Index like Bank, IT,...
By "prematured" I mean to say that in India automation is virtually not available for regular retail traders for two reasons: 1. Retail traders...
Thanks for the info :) In countries like India, automation is still in prematured stage !
Trading "Edge" is more in psychology and less about technicalities. This strategy has that "Edge" of trading psychology. An Edge that improves...
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