Got it, thanks! I assume those principles are valid for capturing certain swings within ADR as you said earlier.
For capturing moves..., in an effort extract a certain portion of the ADR Yes Sir ============== As for capturing certain swings - I never know - which is one of the beauties of this job Hate being bored RN
Surf is a failed trader..., his reality..., the reality he's built and entrapped himself in is; day trading is impossible Hence..., convincing him of anything being possible regarding day trading - is impossible (not simply hard) Yet..., he portrays himself (comes across) as a so called expert about day trading Expert on how it can't be done Go figure RN
I need to correct your misstatements of fact. Please stop making unfounded allegations I am not a failed trader and do not believe daytrading is impossible. However, the way you and others here present daytrading it has been proven not to work. Ask anyone who has coded the methods objectively. Thats my reality. peace Surf
Huh? Trade management does not mean random entries. Although any entry is not random from the perspective of the trader, it is random from the markets perspective. All these guys do, Cornix, is build a framework around randomness. Just because they create a non random framework does not mean the system itself is not random. Man, this is simple stuff. But because everyone "wants to believe' , a dangerous meme is created and propagated by false profits. Be warned as you have been close to the trap and barely escaped with your capital entact.
There was once a fox who tried to reach some grapes hanging high on the vine but was unable to, although he leaped with all his strength. As he went away, the fox remarked 'Oh, you aren't even ripe yet! I don't need any sour grapes.' People who speak disparagingly of things that they cannot attain would do well to apply this story to themselves. All the best. Regards, Monoid. PS: To OP: Sorry for the out-of-topic post. I will refrain from posting further off-topic posts in this thread.
Once again, please provide ANY evidence of the success of those who claim to trade in the manner of DB Phoenix and the Wycoff method. It does not exist. Search and destroy all false profits. surf