technical analysis quote from Top Trader book

Discussion in 'Trading' started by TradeBlazer, May 12, 2024.

  1. #31     May 13, 2024
  2. %%
    Good .
    And he learned the hard way, glad he shared it, when broker calls + says ''soybeans are going' to the moon .....................'' N THAT never happened[moon LOL] + never let a broker , for a commission + bid \ask ruin a trade ''LOL
    More good:caution::caution:
    I like more than 11 points analysis myself ;
    but its mostly based on prep + close price...... , so need for a hair trigger.
    But I do like a smooth trigger, nothing worse than jagged -ragged trigger pull.
    Even a ragged jagged sloppy trigger pull ,does not matter , with 777 pellets per 1oz, in a 12 gauge shotgun.....................................................
     
    #32     May 13, 2024
  3. This is what you said:
    This is what I said:
     
    #33     May 13, 2024
    murray t turtle likes this.
  4. Wth have you never heard of standard deviation?
     
    #34     May 13, 2024
  5. Standard deviation is not probability.
     
    #35     May 13, 2024
    murray t turtle and Darc like this.
  6. newwurldmn

    newwurldmn

    Don't feed the trolls.
     
    #36     May 13, 2024
    nbbo and longandshort like this.
  7. Sprout

    Sprout

    No but one can calculate the probability of retracements and extensions reached (in SDs) during various time frames after a signal.
     
    #37     May 13, 2024
    Darc and wxytrader like this.
  8. Huh ...? Please write out the math of what you just stated.
     
    #38     May 13, 2024
  9. p0box4

    p0box4

    Alright, I am not going to get involved in any discussions since you could very easily prove your claims.

    In the next few weeks I will ask you if you expect the market to go up or down with certain news events or earnings. You should have no issue getting most of them correct, right?

    Let's start with some earnings, Home Depot and Alibaba tomorrow, up or down tomorrow and by how much?
     
    #39     May 13, 2024
  10. #40     May 13, 2024