Double tops and bottoms in and of themselves are not edges. They are simply patterns. Your edge comes from how you incorporate such a pattern...
Well, from my point of view, I think it's a good idea to study what successful money managers do before just plunging right in to trading. Most...
Again, I don't think you understand where I am coming from. Many quant traders approach a market like this simple example.... If yesterday's...
I think you misunderstood where I am coming from. I see many newbies trading both long and short all day long, trying to capture these short term...
You are just giving your money away if you are day trading with a full time job. Your inability to execute trades efficiently and the higher...
Just a quick thought... it is extremely difficult to catch every little swing. You should figure out a way to develop some sort of directional...
I see this thread went into the toilet pretty quick!
As a farmer, he had knowledge, and parlayed that into trading expertise. John Henry had his roots in farming as well, learned to successfully...
Another great post. Here's another example. Bill Dunn of Dunn Capital Management held a PhD and taught at Cal, raised money from 19 partners,...
Totally agree...I also think most people should learn how to pool their assets (once they've done the necessary research into developing a...
I worked with a futures broker who's been in the business for over 30 years. He once told me he's never had a single individual client who was...
Real prop firms won't hire you without a proven track record of at least a year unless they have an internship program and train you themselves.
And you really think they would line up to be interviewed by a snake oil salesman, eh? David Harding has over $20 billion under management at...
Trend followers had a big year last year, thus the performance of the futures traders.
Ask yourself this...why would a billionaire like David Harding bother with someone like Covel? Why would Larry Hite, Brad Rotter, Mike Dever,...
Neither he, nor I, gloss over the fact that trend following is a general approach. We both know that traders such as Dunn and John Henry employed...
Nowhere on his websites does he claim any sort of trading performance for himself. And, if you've read the books, there are interviews of many...
The thing is, Michael has the respect of many successful traders in the business, otherwise they wouldn't bother joining him on his podcasts. I...
Before you worry about what platform to trade on, develop a strategy that you can be confident will work.
Here are the scenarios... 1. Outright losing trade... 2 contracts hit the stop loss 2. Scratch trade... first target hit, market reverses, 2nd...
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