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Recently discovered this channel. It reminded me that I've seen a number of posts promoting some of these YouTubers in trading forums over the years, especially the ICT guy. I searched ET for other references to ImanTrading, the creator of this video, and only found one [link]. The video...

. This is how I see it too. I would add that there may be a hierarchy of reasons: 1. Most traders do not use a method or system, whether systematic or discretionary. 2. Some traders do have a system, but it is not one that would actually be profitable if traded consistently. 3. Some traders...

Perhaps the less well defined characteristic called "EQ" is more important than IQ when it comes to trading. When reading personal trading journals over the years in this and other forums, it has always been striking that so many individuals were hampered by issues related to psychology. Also...

. The cliche is true: good trading can be simple, but it's not easy. BTW, when 6 years old I climbed halfway up a tree, opened an umbrella, and jumped out while holding it above my head. The umbrella immediately inverted, I hit the ground hard and sprained both ankles. Damn that Mary Poppins

Holy hell... EXCLUSIVE Woman will suffer diarrhea FOREVER after Ozempic caused horror bowel injury - and weight loss drug made another vomit until her teeth fell out, claim dozens of lawsuits saying maker failed to warn of its dangers...

. I like this comment quite a bit, it's my own preference too (text was underlined by me). Agree with a comment heard elsewhere: Markets are often chaotic, but they are not random. It seems important to recognize that trends persist, both short-term trends and long-term trends. When I began...

. All your previous posts make it clear you're a very bright guy and I bet you'll see soon that you can quantify your trading ideas by constructing specific rules for entries and exits and then testing them. Focusing on the concept of market inertia has been most helpful to me, i.e., under...

. I think you mentioned a while ago that price crossing back through a 10-period MA was often used for your exits... do I have that right? If so, it sounds very similar to the way Steve Bigelow describes his use of the 8EMA T-line (in his many, many, many videos on YouTube and trade show...

The context at the time the candle forms is certainly important. Having trend direction and momentum extremes on one's side seems to help. My testing has found that hammers and "bullish or bearish hammer-type" candles work well in the right context. The latter are candles that may not quite fit...

Annual Breakthrough of the Year from the journal Science. Focus is on the drug that is called Ozempic when prescribed for diabetes and Wegovy when prescribed for obesity, but other past and upcoming drugs described too. Was surprised by this award since there are still so many unknowns, with...

. qlai, Thanks, outstanding article.

So I pursued this question a little further and discovered that Clenow came out with an updated edition of his trendfollowing book just this year. I've started reading it and it appears to be exactly what I was looking for to try to understand where this approach is at right now. The foreward...

. That discussion was interesting especially because it was so recent, and they showed some useful charts too.

. Robert, thanks, the method is definitely not for me and probably not for most traders. 30% win rates would be tough to sit through...

Sometimes it is just numbers and specific rules for entries and exits, I think. Something like buying when prices break out to 52 week highs...

Several ET threads over the past year or so have discussed the use of technical analysis (TA) by retail traders versus its use by hedge funds and other large institutional traders. Some posters have said that hedge funds frequently do use chart-based TA methods including indicators...

. Eur/Usd futures - Daily again All that resistance looks a bit daunting, but my main swinging strategy says to buy above the high of the current candle. If price moves back up to the resistance, half will come off and the rest will be trailed and it may work out okay.

Not too many issues with Douglas or Steenbarger, but the other books have some statements / recommendations that if not wrong are at least not necessarily always right, e.g.,the rules for entries are not very important, only the exits are important, or never risk more than 2% of the account on...

. qwB, Most trading books I've read did not actually help me to become a better trader, but a few of them have stood out for their usefulness. I posted the list below a while ago and still believe it could be helpful to new traders. "I have read many books. Some were good primarily because...

. Can the ADX accomplish what you wish to do... have seen several trading systems that incorporate specific rules for the ADX indicator (described here). Some of them require that it's magnitude be above 25 (or sometimes 30) to indicate that a trend is present and therefore it is okay to...