Recent content by Neuroway

Also, my silly right brain tells me that :) looks more friendly, less cynical than :D. However, my left brain tells me to ignore that slight emojical nuance. Brain hemispheres... They're like two freaking stuck-up political parties that can never agree on anything and that can't stop talking...

Hmm... This is not graph stuff, it's plain money management. Here's an example. If I have $100 in my account, then my max stop loss for 1 position is $1 (1%). Suppose I develop my account to more than 25 positions, then I set my maximum risk for the whole account to $25 (25% of $100). It means...

Absolutely, if you drew it before the breakout. Now your upper bearish trendline is clearly broken. Best,

I know nothing about Mark Douglas, my "gurus" were Anton Kreil, Kevin Davey, Alexander Elder, and Charlie Burton. Apart Kevin Davey, none of them ever won the world cup. None of them ever shone except in training classes. Are they successful? Well, Kevin was in 2006 for sure, since he won the...

I always find it funny when people come to me thinking that trading is like popping a wheelie on a 200 HP Hayabusa. Trading is like chess. Blitz chess when it gets more short term. It's like this: https://www.nobelprize.org/uploads/2018/06/nash-lecture.pdf Definitely not like this! (unless...

@Tradex, sure, I give to whomever I feel like giving to whenever I feel like it. Giving doesn't come from the left brain. It comes from the right brain, which is much more irrational than the left. And giving is not only about money or material things. It's about knowledge too, which is much...

I am reading "Thus Spoke Zarathustra" from Friedrich Nietzsche (in French). Why? Because I can. Here... Have a taste of Nietzsche. Quite very much rare indeed, eh? It's Stanley Kubrick's interpretation of Wagner's interpretation of Nietzsche. You likey? It's sheer combined genius in all...

I don't know where is the best country for trading, but I know one thing: Canada and the US are amongst the worst. Proof: Look at these shitty leverages controlled by the IIROC crassly in favour of the CAD. https://www.forex.com/en-ca/support/margin-requirements/ These leverages, my friend...

@Tradex, I am a man of simple tastes. The sound of a Mustang GT V8 5L Coyote is sweeter music to my ears than the sound of a Tesla Roadster. That is why I said I don't need the money right now. But perhaps there will come a time when I'll feel different. I don't know. God knows.

Your second sentence is true, @ducatista. Managing a $100 account is the same as managing a $100,000,000 account, provided your minimal trade size is manageable. What I'm coming at here is that you don't want to enter a $1,000,000.00 trade if you have only $100.00 in your account, no matter the...

Personally I set a random target for my whole account (between 1% and 10%). I call it a "sprint". I enter positions with trailing stops only. Each traling stop has a max risk of 1%, less if I have more than 25 position, as the whole max risk at any time for my account is not allowed to go...

Hmm... If you wanna take your car from NJ to downtown NYC during rush hour by crossing a bridge or a tunnel, be my guest. You'll be sorry you didn't take the public transportation.

I constantly hedge my positions. If current price is closer to my average buying price, I go short, since the probability of my long becoming profitable without intervention is greater than my short. In the contrary, I go long. If one side is winning, I pyramid the position. If I have nothing...

Ok, that settles it.

"Poppies, patriots and pro-brexit propagandists should visit war cemeteries." - J. C. Juncker