it probably depends on whether your model is accurate or not and whether there are any external factors that the model does not account for that occur after you place the trade. or something.
looks like a good heads and shoulders pattern except the right shoulder is a little shallow.
i'm kind of wary of heads and shoulders though, after the neckline of the bearish h&s in dia and spy daily timeframe was tested and broken yesterday on intc earnings.
are weekly timeframe h&s...
i'm going to guess the majority of systems that fail due to trader emotions/lack of discipline aren't profitable systems to begin with.
it's easy to curve fit a system or pick up on short term trends in the behaviour of market makers/participants but these don't last.
also systems will...
wen u buy something it's because u think it's undervalued and worth more.
so you are ripping off the guy who sold it to u since ur just gonna flip it for more cash.
wen u sell it's the same thing u think it's overvalued and worth less, otherwise why would u sell?
again u r ripping off...
for example there is no bid or ask then i put an unreasonable offer implying like 1 million volatility and someone takes the other side can it be broken?
or if somehow i trade more than 3% from the market can it be broken?
yeah how the hell are we supposed to know which sectors are going to keep going up and which will keep going down.
or when it goes from bull market to bear or bear market to bull.
did gold peak or is it a dip for buying?
did oil peak or is it a dip for buying?
is the USD dead?
it...
i live in canada and have also been considering gradually converting funds to usd and dca into index funds....
but i fear a huge 1929 drop lol. or a gradual drop like japan.
the bank of canada has repeatedly said they want a lower canadian dollar compared to USD to help our exports since...
An ex-grocery clerk in Wisconsin who repeatedly posted threats of stadium bombings to a website will spend six months in jail.
http://www.securitypronews.com/insiderreports/insider/spn-49-200806064ChanStadiumThreatHoaxerSentenced.html
17 year old high school student makes a threatening...
is bernanke allowed to trade?
he'd probably has a huge advantage since he would know what he's gonna do to interest rates in advance no?
like if the market is expecting not to cut but he knows he's gonna cut anyway he could short USD bigtime right?