There are patterns, but to do this kind of analysis is a waste of time and energy. The patterns that are based on psychological behavior work the...
It all has to do with supply and demand. It only looks like the noobs sell at the bottom or buy at the top because one of the characteristics of...
If you draw a time unit worth of trading, you have an opening, low, high, close. If you draw a daily chart each bar will have an opening, low,...
Okay, How do you know we see the same color when we look up to the sky? You call it blue, I also call it blue and the only reason for that is,...
I do not know you, but it makes me sad that what you have written here is true for you. There are no secrets to trading. Or maybe just one: You...
To really trust a system you need to understand what is does. So, you start from your beliefs, objectives, low risk idea and then the tools to...
I also believe he is very intelligent, but in reality, about trading, he is just on another level of the Kruger Dunning Curve.
Good for you. The second one is mine: [ATTACH]
I use stops and my confidence is just fine in my trading, thank you. Averaging down is not my game. If you make al what you are posting, a succes,...
This is exactly the reason why every trader uses stops. There is a supply and demand every moment and when that gets out of wack, no theory will hold.
I'm out... you are an accident waiting to happen.
It reminds me of a story between an analyst and a trader: The analyst, here look at this chart, the price will go like this, it will hold here and...
When I´m in a trade that really goes my way, it closes out at the end of the day. It is really beneficiary to not sit behind the screen watching...
I do not think I can give you the right answer, but for me it was a couple of things: 1) having a skewed risk reward system of 1 to 5 2)...
Great suggestions, thank you. I have had the good fortune to have someone in my early years that made me aware of the concept of self sabotage....
Great post and great alternative way of explaining how a human brain works. Do you know and can you share some simple techniques?
There is story about a floortrader that believed he had a connection trough a Coca Cola bottle with aliens that tell him which way the market...
Even if you could automate your trading, this behavior would interfere time to time and end up with a loss in the end. The answer is not some new...
If I read your responses, I think you missed some basic stuff of being a successful trader. 1) What is your objective of your tradingplan? For...
Sure, I also use the ma for that. I use them also for value of the mean. Further from the ma, the more I´m looking for a reverse to mean, against...
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