Useless for you,does not imply useless for all... Have you heard of those financial instruments,I think they are called de-riv-A-tives??
https://efinancemanagement.com/investment-decisions/market-momentum From the article: "Market Momentum is the acceleration rate of the price of the security or market" https://www.sciencedirect.com/science/article/abs/pii/S0304405X21000878
well let's just see To the tic - what will be the H and L of the es tomorrow (ending 4pm EST) To the penny - what will the H/L of let's say AMZN tomorrow )ending 4pm EST) Anyone claiming to predict reward should certainly be able to accurately provide these BEFORE it happens Provide your reward forecasts by 4PM EST - today You ever heard of B.U.L.L.S.H.I.T (trust your blind eyes can read this) Provided the above today - I will never question your skills again - otherwise.... Assuming they are accurate of course RN
Confession..I thought I was replying to your ridiculous views on "Risk vs Reward" from another thread.. Your problem is,or should I say my problem with your views is you seem to discount every other method/style/approach to trading,other than your opinion.... Which makes it very clear you have a very narrow scope,and have never traded for a hedge fund or for an Investment bank.. In no way does that mean you arent good at what you do,but it does imply that you are ignorant to how others have become "really" successful... You made your point..The ONLY way to trade is to Eyeball Charts,place a stop and let price action take you out...
You ain't gotta clue - your eyes need more work Typical You do you..., I'll do me..., life will remain grand ETA - Reward is still a bulllshit term - and until someone can forecast price - it remains such There are ways of getting close - but only close - sometimes..., hell sometimes it'll far exceed - be the first to admit that RN
Uh huh.... Remind me again which hedge fund you worked at? You couldnt have come up with this nonsense on your own. Im sure you had a team of quants behind this "Reward is a bulshit term".. Do yourself a favor and read up on expectancy,Gain loss ratios,expected return.Get a grip on the math behind optimal position sizing,Risk/reward,however theoretical it may be dependent on Volatility... Im sure you have great eyes,lets see the math behind your "Reward is bullshit"... Prove it
When I use ETA - it exactly what Overnight stated Back in the day - posters had a bad habit of editing their post and trying to get away with it I don't hide anything / nor try to "game" shit RN