log of the returns
I would categorise trend following as a momentum strategy. So you have momentum or MR. i.e. long or short volatility.
Apologies, reading back I see he was talking about Open/Close trading, thought he meant trading in General.
Do you have evidence that "trading is significantly more competitive than 3 years ago"? Or is it just another baseless uninformed opinion we see...
The argument for trading one instrument, because you can get to know how it moves and master it seem bogus to me, especially on an instrument that...
I'm sure Phil's site is making at least one person a profit.
I agree with you, but what if the actor quitting was trying to proclaim that no one will ever make it as an actor and no one should bother trying,...
You didn't read or understand his post, short term asymmetric volatility expansion can be traded by most traders, you don't need a billion or have...
Maybe a solution to the thread pollution is to allow users to easily +1 or -1 a post (or some other mechanism) based on how useful they found it....
Your testimonial amounts to telling us you are a failed trader about to quit, that's it. You need to stop trying to extrapolate your failures to...
Well any failed trader would, hindsight is always smarter. If the OP had been successful he would be saying similar to what you hear profitable...
How do these "best" traders view charts/quotes or place orders without software? Also there are many traders with automated trading systems,...
I agree with most, except trading from home, there are many big traders doing this.
Not another "I failed as a trader, therefore it's impossible for anyone else to be consistently profitable" thread!!! The fact you even think in...
Although I don't think you can put an exact figure on it, I agree it takes a few years at least, just to get up to speed on the whole area of...
Luckily for me I am a experienced software developer in .NET and have developed systems for banks etc. I decided it was better to write my own...
I was joking about the mentoring. The problem with the thread starter being able to block posters, is it can be used as a weapon to silence...
I agree, maybe the top profitable traders can setup a private group and invite one new/struggling trader in a year and mentor him/her.....since...
Yes, because Elite Trader is the only place on the internet you can discuss trading. If Lescor wanted to setup a private journal we would have,...
Will the new site make me a profitable trader? :D
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