Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. wtfauoa

    wtfauoa

    Of course, the best thing about Excel is that you can get a chart that you can not get anywhere else, providing of course you are not a member of the lazy group and like other people to tell you how you should do things.

    [​IMG]
     
    #5561     Jan 21, 2017
  2. wtfauoa

    wtfauoa

    Here is one I done some time ago but left it and never finished it off. It will give you an idea of how important the average range is in relation to capital requirements. All this can of course be easily automated to include live winning and losing trades, it just needs some planning and time allocation.

    [​IMG]
     
    #5562     Jan 21, 2017
  3. wtfauoa

    wtfauoa

    Do not ask me to explain this, go workout for yourself if you are interested in trading something like this. All I will say is that certain information is best to act on when the TIME is right, which is also why a lot of automated programmes are useless (go figure). No matter how fast a computer or data feed you have, if you have a fool doing the programming, then you should expect nothing only foolish results, a.k.a, garbage in = garbage out :)

    Everything that Pelt has asked is covered here, if you can not figure it out, then you still have a lot of learning to do in relation to daytrading the open.

    As mentioned, you really only learn by winning and losing, so be well prepared for both, and then it really just becomes a matter of TIME.

    [​IMG]
     
    #5563     Jan 21, 2017
  4. Overnight

    Overnight

    The charts are not marked up with live entries/exits. And it is not the ES. And they aren't trading charts. They are simply charts everyone else in the universe can got from any datafeed. So how does this help us all again, out here in the real world?
     
    #5564     Jan 21, 2017
  5. Pelt

    Pelt

    Not that it matters but that last pic looks like qmat front end. Very handy and user friendly to create stuff indeed, once you know what is needed of course.
     
    #5565     Jan 22, 2017
  6. odlareg

    odlareg

    Pelt, send me your email address as I have something to share.
     
    #5566     Jan 22, 2017
  7. algofy

    algofy

    It's an excel spreadsheet lol
     
    #5567     Jan 22, 2017
  8. algofy

    algofy

    Looks to me like you're just posting with yourself randomly, no one is asking you to explain anything.
     
    #5568     Jan 22, 2017
  9. wtfauoa

    wtfauoa

    Exactly why the obvious is not so obvious to most.
     
    #5569     Jan 22, 2017
  10. wtfauoa

    wtfauoa

    Like mentioned, be careful what you spend time on, as it is very easy get sucked into doing up stuff that is really no use. As for the usual suspects, if it hit them slap in the face the wouldn't see it, so so obvious :)
     
    #5570     Jan 22, 2017