Is the larger time frame overrated?

This is simulated world, but in real-time. So you are on the long side, right? I have my opinion where the market would not go on long side, but I am not revealing it. My backer would have known about it, and would have asked me to simulate things in front of his opposition. The high so far is 1821.75, a quarter point from second simulated contract.

 

Generally speaking, big banks do not day-trade the Forex or the stock index or the precious metals market (gold, silver), their trades are rather medium to long term oriented.

In any case, they are the real insiders...

 

Hi David

 

I don't fight the trend up or down. I just follow until proven I'm on the wrong side and no longer works. So yes I will choose long until proven wrong. It's a 50/50 flip of a coin. Heads says up. Tails down. Heads prevails. For now.

 

Since it is getting closer to 2 hours, and only one fish out of planned 10 would have been done, the simulated backer might ask to take what is available for the second simulated contract. Simulated changes: third simulated contract is moved up to 25.5, and second simulated contract would be done at current simulated 20.75, instead of simulated 22. Minus simulated 2.

 

Oh but they do, 33% of the time, retail traders (the small fish or "the aunts", as Asian traders call them) do make money from the big, smart money.

You see, the big dogs have to give them a bone once in a while, so they (the big dogs) can keep making money in the long run.



It's like those scratch tickets, the Lottery people have to pay us just enough money from time to time so we can keep playing while they collect about 50% of our wager money, in the long run....

 

i bought them at 1819.25 last night. I must therefore be a moron (they are at 1822.5 now btw)

you're on ignore.

 

Disagree. The intraday signals are of inferior quality compare to daily or weekly. Also the cost compared to profit, as mentioned before, is a problem.

 

That is not true.

Take 5000 bars on the 1min chart and 5000 in the daily chart and compare.

You will be surprised at the results.

 

Not to be argumentative.., or a dick

But any signal on a daily or weekly… even a monthly/ quarterly/ yearly/ longer TF (bar interval actually)

Has to be on smaller (intraday) TFs (bar intervals) – no matter the smaller TF(s) one picks


It just does

RN