Search results

  1. speedo

    can price action predict market moves

    The point in case you missed it is data based predictions have a measure of accuracy but not certainty.
  2. speedo

    can price action predict market moves

    It's really head shaking that someone would spend so much time and effort trying to discredit a disciplinary field and one of it's major contributors (someone much smarter and successful). If you don't want to spend the considerable time and effort to understand the nature of price discovery...
  3. speedo

    can price action predict market moves

    Aside from Madame Zorba and her crystal ball, nothing can predict the future. What competence in reading price action can do is let you know what is more likely to happen given certain conditions, that coupled with a solid trade plan based on said expectancy and the discipline to trade it is all...
  4. speedo

    Jack Sander

    Yep
  5. speedo

    Jack Sander

    Notable figure...RIP
  6. speedo

    GME up over 100%.... what is going on now?

    Farah's been in the ground for years.
  7. speedo

    GME up over 100%.... what is going on now?

    Yeah, nice rig.
  8. speedo

    Trading the Oliver Valez way.

    Back at ya amigo
  9. speedo

    GME up over 100%.... what is going on now?

    You can usually sell shares even during a lock up period but not on the open market and typically at a discount to market.
  10. speedo

    GME up over 100%.... what is going on now?

    Some stocks are simply trading vehicles, especially in frothy times. There was a stock a few of us were trading at the end of the tech boom. Was called XLE or XLA, traded on the old AMEX. It ran like a scalded dog many days. You could buy as it came out of a flat base in the morning and have a...
  11. speedo

    Anything Can Happen™

    :D
  12. speedo

    Trading the Oliver Valez way.

    Yep, knew he and Capra from the early Pristine days. Nothing wrong with what they taught, just basic PA. Ollie likes to position it as the "secret sauce" and entrap noobs in his schemes.
  13. speedo

    If you had to go public - IPO or SPAC ?

    Another option is a reverse merger where an existing registration (public shell) can be cleared out for the new entity.
  14. speedo

    Is overtrading when scalping a problem on its own or only because of fees?

    3 trades a day buy and hold ?....lol. Look, I scalped for years using tick charts but "scalp" needs to be defined. In my case, it was for 2-3 points in the ES per contract with 6-8 ticks of initial risk and was perfectly satisfied. On a highly volatile day, upwards of 20 signals were generated...
  15. speedo

    Is overtrading when scalping a problem on its own or only because of fees?

    More profit with fewer trades and less stress...what a concept :D
  16. speedo

    Is overtrading when scalping a problem on its own or only because of fees?

    First of all, scalping is a difficult way to go, especially for a beginner. That said, if your strategy is well tested to show a positive expectancy and has clear signals and trade management rules then it's not overtrading if you have 10 or 50 signals. If on the other hand, your trades do not...
  17. speedo

    Price action , support resistance does not work in ES

    The issue is not the ES or any PA principles. The issue is you don't know what you are doing or you wouldn't make such an absurd statement.
  18. speedo

    Best strategy for a new person.

    Asleep at the Wheel...great stuff.
  19. speedo

    Best strategy for a new person.

    Can be hard to tell the difference between a mindless bot and a mindless newbie :D
Back
Top