I can't imagine any retail directional model that's able to realistically achieve 90% wins, even automated. At 70% with over 1:1 risk/reward...
Yes. Multi-dimensional analysis allows you to see what kind of animal you're dealing with
Yes, and it's hard enough to predict direction, that worrying about the shenanigans in the options market, in my opinion, just isn't worth it....
OP. Took me a while to grasp this, but as a small retail trader, you will never be able to profit from the small picture unless you understand the...
Actually trading smaller multiple diversified positions is proven to work better from a statistical standpoint. It smoothes out the equity curve,...
Fair enough. I spent years honing the skills you mention above, and I think every trader needs to do that. Like you I also had the impression that...
I agree and instead of just saving 30k to properly daytrade stocks, they prematurely get the itch to gamble in an arena way out of their league,...
I can't argue with success, but you're saying to pyramid when you know the probabilities are in your favor. If this is based on large sample...
The scenarios and possibile outcomes are endless, but we have to cut off degrees of freedom at some point, or end up babysitting a monster. IMHO,...
So your saying successful daytraders are just lucky and lack those traits. Get serious please. My holding times vary from 30 seconds to six...
Enough with this bullshit Q3D Quantum computing doesn't come up with million dollar ideas. The human mind does. Did quantum computing create...
Right. Like the "slippage from hell" exit that just reamed my account for the day. It's an atypical event, but looking back at what happened in...
Yep. "Outside the box" thinking is necessary
I like how you think. It's no secret, and can be approached from multiple angles. I can say that to succeed, requires a very deep understanding of...
The only human skill required is knowing how to recognize and structure opportunity using the historical footprints of potential candidates. I...
With my trading approach and selection criteria, the market offers a very limited amount of trade setups per day/month/year. It's not much...
Really depends what and when you trade. I've seen stocks sell off into the abyss in a matter of seconds. Later entry can be risky with that type...
I'm a bona fide psychotic, but somehow manage to feed myself. I'm smart enough to know that living in the streets sucks, so I just play the game
Put softly. More like gang-banging in reality
You seem like a pretty smart guy, but I don't think you have what it takes to adapt in this business. Instead of over-theorizing you need to be...
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