Search results

  1. SimpleMeLike

    can price action predict market moves

    Hello geth03, I appreciate the debate and conversation. I respond to your question in blue. Note: I am currently an unprofitable trader, so please take my comments as my own personal thoughts and experience. My comments hold NO profitable value, yet.
  2. SimpleMeLike

    can price action predict market moves

    Very well stated speedo.
  3. SimpleMeLike

    can price action predict market moves

    Good morning geth03, I am currently an unprofitable trader. So take my words with no profitable value . I respect and appreciate the debate. Thank you. I think what you are challenging or asking is, does PA/TA have a consistent edge. And if yes, how much of an edge (expectancy). It's a fair...
  4. SimpleMeLike

    can price action predict market moves

    Hello Laissez Faire, Thanks for the response. I responded in red I agree with your statements. From my experience, and I am not a consistent profitable trader, this is why I always state "my", I believe alot of traders make the mistake of thinking, "Just because I trade this way and he/she say...
  5. SimpleMeLike

    can price action predict market moves

    Good Morning Laissez Faire, You asked me a good question, and I hope I respond with a good logical unbiased my own personal experience response. I will start with Jim Simons has a quote along the lines of "Thank God Edges are hard to find". This quote alone humbles me and keeps me going. I...
  6. SimpleMeLike

    can price action predict market moves

    Thanks for sharing. LMFAO hahahahahahaahaahahaha. Good laugh for the morning.
  7. SimpleMeLike

    Fake Gurus List

    Hello jsp326, I do not post much on ET as I honestly do not like to give advice to anyone trading at all as I am not a consistent profitable day trader. I feel those who make no money, should not post on ET and give advice. I answered you questions in red
  8. SimpleMeLike

    Fake Gurus List

    I been on this forum for about 6 years. I never see anyone post a broker statement of 1 year minimum of trades profit or loss. I have asked countless trading teachers and trainers (all price action teachers) for broker statement of 1 year minimum of trades profit or loss, documented trades...
  9. SimpleMeLike

    Maintaining Self Discipline

    You're welcome studentofthemarkets I hope I helped
  10. SimpleMeLike

    Maintaining Self Discipline

    You're welcome studentofthemarkets, I am shy about posting on ET as I am not a consistent day trader, so I should not be advising anyone, but you working hard like me. So take what I say as common sense. And common sense is something I can share from my own experience trading. I have changed...
  11. SimpleMeLike

    Maintaining Self Discipline

    Hello, Great! If you are using time bars, please back test your strategy using NT Strategy Analyzer from 2007 until 2021 and review your results. Please add commissions and 2 tick slippage to all of your trades if you are using Market Orders to enter trades and stop market orders to exit...
  12. SimpleMeLike

    Maintaining Self Discipline

    Hello, Is this equity curve and trading performance metrics produced from an automated trading system or from you manual trading?
  13. SimpleMeLike

    Maintaining Self Discipline

    Hello, Have you proven that your rules/method/strategy have a proven quantified edge over XXX to X,XXX amount of trades via back test manual or via a automated back testing trading platform? If yes, please post the trading performance and stats to prove it. Post the equity curve. If no, now...
  14. SimpleMeLike

    What method works best to "Quick cut the losers?"

    Thanks for the feedback.
  15. SimpleMeLike

    System that works but lack the capital, please advise

    Hello longshort, Very good job with your trading system. I'm impressedoing with your systemom I'm late to the thread. Question please: 1. Did you optimize any of the variables of the trading system? If yes, did you use those optimized variables for a certain amount of years or throughout the...
  16. SimpleMeLike

    Reversion to the mean only trading...

    Hello MarkBrown, What do you mean by best to build to test build "with percentages"? I am not sure I understand this part. Thanks,
  17. SimpleMeLike

    Reversion to the mean only trading...

    Hello MarkBrown, I wrote a few strategies in NT8 with range bars. NT8 only offers 1 year of free tick data. The backtester creates range bars with tick data. Do you mind sharing or commenting a reliable serviceS) to buy quality and consistent tick data for back testing purposes? Thank you
  18. SimpleMeLike

    Trailing Stops

    Hello taowave, This is I can agree with. By doing this a trader will have an idea (win or lose) what exit strategy is reasonable and makes more money with less/more drawdown. The challenging is programming in the back test software the idea. lol
  19. SimpleMeLike

    What method works best to "Quick cut the losers?"

    Hello oraclewizard77 Great comment. Regarding picking the target and waiting. I agree, it does take me out of the equation from micro managing. But there is one disadvantage, I notice regarding the set it and forget it trade management, and that is if price zips through your target and keep...
  20. SimpleMeLike

    Trailing Stops

    Thank you Mr. Dazz, I appreciate your response and a good response. Good to see I am not the only one manually and tediously and tirelessly recording all this data day to day. Questions please: 1. How many trades do you record all this data for? You mentioned a week, but is that enough data...
Back
Top