yep but i am being made fun of because i am losing money. success is measured by the number of zeros in your bank account.nothing else matters....not how many stray dogs you feed, how many poor you feed, how many elderly you look after....how many homeless you home. success sucks
do not be stupid sir,a new idea i am far more intelligent than that:i get 30 new ideas and i also give them away
Me too. The challenge for me is not trading but the analysis. I am reading posts because I am waiting for my VBA excel program to finish a run. I now know how to calculate Black Scholes but I still cannot derive it - I am working hard to figure that out too.
i read my first technical analysis book in 1994 and about hundreds since. in 25 years i am amazed at how little i learned. after two years...you are.....well i think your decision may be the best. find something easier....why climb Mount Everest when you can climb to the first floor of any building in the world?
you seem lost and not wanting to really learn about the markets, you expressed you only want to make money. you will be here until you die talking about your trading and how you want to make money, while others will be working and turning over every stone to find their edge. first off you and many like you can never get help because you don't have a good programmable platform, it's the only way you will ever find a edge. in all the years you spent you could have learned to backtest ideas and eventually you start getting a real idea of what works and what doesn't. you have put in time but you wasted it because you have focused on the money and not the solution to the problem. it amazes me of the people here that will brag about their success and then try and tear down others when they are not having success. it doesn't work that way, maybe you should take a break from posting and spend your time learning to develop systems and properly backtest your ideas.
i am not looking for any edge but i am trying to make some sense of the market. and of this world. and of my parents. and of my wife . and of my dog. and of you. will you come to India so that i can study you? i am still trying to figure out how a market which has higher momentum on the upside can go down? it will go down slowly but to trigger a stop loss,my stop loss, it does not need high momentum or even any momentum at all.
You boys are running out of tissues on this thread. https://www.elitetrader.com/et/search/9040836/?q=destriero&o=date
You have done you best. You find out human logic limitations. I don't think it is wise to continue further. Beyond this point, why don't you let the universe or the nature do its work? If the universe like you and decide you to be a trader, it will send you very deep thoughts in a form of dream like these of Albert Einstein had with his discovery of General Relativity or great mathematician Rene Descartes had with his discovery of Scientific Theory or most recently Larry Page with his creation of Google search engine. Your brain will see some strange market patterns and phenomenon. Your brain will fire up and develop new neurons connections in afterthought. You will gain an edge over all others. Even if these thoughts never come, you will never regret it because your life is spending on other meaning things and not waste on something beyond your control. Otherwise, you will fight an uphill battle. There is a guy with an IQ of 145. He probably spent ten years of time working day and night developed some consistence method with indicators on market, but he is from very entrepreneur background. Yes, he makes a lot of money each year.
I’m sorry the OP has given up. But what he writes is nonsense. All edges die. Just as clients move on in the world of business. I have gone months at a time without a losing day doing tens of trades a day. I work with people that haven’t had a down year in 20 years. They taught what they were looking at to people and they had no down years..rarely a losing month..for 10 years. The odds of that being down to ‘luck’ are non existent. The problem with the OP is he thinks the market is a riddle with one answer. Think of it like this. Imagine memorising every shot Roger Federer played in a tennis match (that’s backtesting). If you went out and played that exact routine again the following day you would lose. You would be running in the wrong direction half the time. You’re better off learning the technique and tennis strokes and then watch your opponent. Stop trying to copy what worked before. Every day in the market is different. But the same technique always apply.