Risk management is the foundation and secondary. Taking position is primary.. Good entry will make money more often. Bad entry will lose...
Well said - the context is the key...
So true...this may be due to beginners often jumping on to a trend when it is about to reverse...so the attraction towards reversal...
May be looking at your monitor and chart upside down will help . So that one thinks of buying while otherwise he would have sold :)
With due respect to all those who use these indicators- the more you have them, the confusing it becomes. @maxinger in his post has actually...
Good one!
I would like to double like your response. If you throw out RSI, there are dozen more which are there and few more which will emerge. Enough to...
If your algo is trying to win with sub milli sec latency, you are directly competing with the big guys who spend a fortune on infrastructure and...
Is @Tradex out of town? Love reading his insightful posts..
These are the kind of friendly noise I like :)
Thanks Tradex. This will be an interesting read for me.
May be you shd write a book about trading when you are not trading or posting in ET :)
Generally, I find this book entertaining. But what confuses me is his usage of magic T indicator. In those days, were the market cycles intraday...
Nothing is free :)
There may be something to learn about how inventory is accumulated....it is worthwhile knowing, as a retail trader what may come your way.
The originator of the thread has not replied since starting the thread... Anyway, if you are not going to use any of the functionalities other...
@kmiklas may be you should try it with less liquid instruments and in markets which are not too fragmented, to give a good indication?
I once had a similar issue. On calling their helpdesk, I was told one of their server farm was recycling. After sometime, if started working fine.
Thanks RedDuke..will do that. Makes sense for me..
I have to constantly remind myself of this nightly cycle (australia time). Unfortunately, for us it happens just before the US market opens! But...
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