Discussion in 'Technical Analysis' started by fordewind, Mar 26, 2019.
Don`t be shy to post yours.
Why don't you start first?
Here it is:
Have a well tested edge that you totally trust.
It is a probability based business - simply a numbers game.
Take a small position - have a fixed stop. If if goes for you take how much ever the market gives you.
Don't ever be emotionally involved - because it is only a small loss.
There that is it - that is the holy grail.
Varies but in C# it`s like this:
wvf = (((MAX(Close, 22) - Low) / MIN(Close, 22) * 100));
Trade with the trend, right?
That was the "fear" formula.For a complete set we need a gread formula!
Thanks for comment.
Can you please explain more what you mean by "It is a probability based business - simply a numbers game."
How does probability relate to trading?
Enter at a point where initial momentum will carry you to a break even or better.
Would you say price will probably go down more before it goes up?
Separate names with a comma.