Risk Control using Patern Recognition? https://press.princeton.edu/titles/6558.html https://school.stockcharts.com/doku.php?id=overview:random_walk_theory do it do for you?
You can really make money on anything these days. "Risk control using pattern recognition" also known as "wow I expected it to go up and now it goes down - I should sell". Also known as "using a stop".
mr gaussian, truth me now, did you look at the vid? That's what you got from it? Where to place a stop is pretty good skill to have in my books, wouldn't you say? one expecting to buy the bottom tick or sell the top tick is def smoking the drapes as they say. deciding how much heat to take, now that is the crux of the biscuit. that's a yuuge part of each trade imho. getting in's easier than getting out sometimes. anybody trading without stops is probably trading other people's money.
Risk Control using fibbo . . . "Real Time" Copper Futures Head's Up, on tfnn, LP. Risk clearly stated based on Fibonacci. August 22nd 2019 around 9:30 AM eastern. mr zee call's, let's look at copper . . . LP says : "nice little gartley here today (HG #F Weekly) spot on at the 78% level, we've got game, this is what you look for. HG #F Daily, since Aug 5th today's low 255, there's your risk perfect abcd to the downside we're trading at 258 right now. bada bing bada boom anything below 255 is not gonna be good." =-=-=-=-=-= What's not to like about that 'real-time heads-up"? Compare the Fibo based call some other methodology. Would it trigger here? Would an intraday chart trigger an entry setup there? Is that good? We'll see. (give the 'trade' a little breathing room. LP figures anyone trading futures understands that. If not, they do now. If more info would be helpful LP l o v e s viewer calls. HG-201909-NYMEX Copper futures contract Aug 22 low was - 2.5475 - at around 10:56, which is After lp's show runs. Officially, if the stop was AT 2.55, that might be stopped out, gonna leave a mark. That's too tight, so tight it squeaks.