Recent content by mercorex

  1. M

    how do you define the price?

    I would use the ask if I am buying and the bid if I am selling/shorting. If you don't do this in your models and you have a high velocity model the spreads may compromise your risk and profit calculations. Also remember that you can't buy at the end of day last trade price if it opens down the...
  2. M

    Breakdown about to occur

    I am new to this forum but there seem to be a lot of predictions (not all but too many!) without any particular rationale being mentioned. What I mean by that is that you can make predictions based on certain events happening but if you don't say what those events are you are just throwing a...
  3. M

    Trading is a Giant Scam!

    What you have discovered is that it is difficult to make money but that doesn't mean it is a scam or impossible. As with everything else it takes time, knowledge, practice, money etc.... If it was impossible Renaissance would not have been able to generate the returns they have over the last 15+...
Back
Top