I have followed Dave's strategy for 6 or so months now, and it is profitable, when he sticks to it. He has actually a very good quality and that...
Looks like your patience is paying off. Dow is down by 40 points. There was a quick reversal of the premarket futures when YMs dropped by 40+...
Dave, please tell me that you used yesterday's dip and got ride of your short position. That would have been a 30+ points loss, compared to the...
It is a sad thing to see you to be down by 110 points because of overriding your strategy, nevertheless it is a good learning exercise for...
I did. Forgive me my ignorance, but if my question was inappropriate in this thread, how come you can cheerlead the strategy here, and exactly at...
Last 2 nights the MR didn't work. The markets gaped down seriously by the morning. I have been following gaps, and I just don't see a...
You wrote this on Wednesday afternoon, so I assume you refer to the previous night. The YMs opened like 30 points LOWER than the Tuesday's close,...
Until I see a reliable hard data on it, it is wildly! :)
It is wildly quoted that 95% of the new traders eventually fail. I don't disagree with that number, but is there actually hard data on it, or is...
Step by step guide for US traders how not to pay taxes: 1. Marry a Swiss, Croatian or Hungarian woman. These countries have zero taxes on...
Thanks for your response NihabaAshi. At this point I don't have anything to add to the discussion, except I found a funny example today. In...
Well, you don't know that, do you? :) But you are right, in the example the traders had different strategies. So here is another example:...
Actually, this is not as silly, as it sounds. Compare this 2 traders: #1. Sits in front of 5 monitors, trades all day, makes 70% profits by...
Well, that's what I was driving at. My simplest trading strategy involves only 10-15 trades a year, checking the signal once a day, and when acted...
I was wondering if adding more monitors really increased the profits what you guys were getting? Sure enough, if you are a scalper you need...
Here is a maybe novel idea for a trading strategy, based on the fact that 95% of new traders eventually blows out. So a prop firm or...
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