Search results

Where price is in relation to the 200 is without question a factor in decision-making. But that's less than what ET180 is suggesting.

So you believe that MA's work because enough people to believe them that in combination they buy or sell sufficient to move price? So indirectly, MA's move price? Are you really saying these things?

Ah, I just realised, this red pill blue pill stuff is a reference to The Matrix. I saw it. Not a bad film as it had intrigue and entertaining action, though the protagonists and their adversaries were all robots made of cardboard. The pseudo-sociological/philosophical reaction to it on the...

Yes, a person could be taught to trade a rigid strategy within 20 hours. But maybe accepting they must follow the strategy would take most of them 10,000 hours.

The figure 20 has not significance over say 18 or 23, but humans like round numbers. Like, 5 fingers per hand, 10 fingers total. Its why round numbers have alternative names like dozen, score, pony, grand, monkey, fortnight, century and so on.

Hogwash?

I don't think there's any science behind it, trading isn't a science after all. Its just customary practice. Once a MA period becomes well known through a respected writer, it makes sense to use the same MA period: new writers are taken seriously that way. If a new writer deviates their period a...

The main 28 pairs have had very "untrendy" charts for such a long time, I can only hope this signals a possible escape from that scenario.

I stand by my statement - if you're not a citizen of Canada, you do not gain all the rights or the duties applicable to a Canadian citizen simply by crossing the border. I'm pretty sure this is not a radical principle unique to Canada. You can say that country of residence is more important...

I merely responded to your statement - "There should not be a difference between living in Canada or having their citizenship, because I still have to live by Canadian laws and rules, that are as good as the USA laws and rules," You might not agree with my opinions but you cannot say that I...

Citizenship confers both duties as well as rights. By living in a country you cannot automatically acquire the full complement of both. If you reject some duties you must accept the loss of some rights - Why should a non-citizen have the right to pick someone else's government? And how would...

The most gracious post.

Great post dozu. Good point about Election v's Inauguration - we don't have that gap so I had missed the relevance. But come on now, draining the swamp's a great hook, but surely YOU don't believe that do you?

I place bets on the Dow index value, long only. Trump became President nearly 3 years ago now. Since then the Dow is up 40%. In the 3 years prior to that it was up 30%. Also in the 3 years prior to that, about 30%. There have been multiple opportunities to buy in at a discount since Jan 2017...

If there is a blacklist naming certain countries, I would not be surprised. I'm sure its just a commercial decision based on statistics, its not personal, like if you live in a certain postcode area your car / home insurance is going to be a crazy premium. Tough but that's business.

How successful are HFT/Quants? We know that EU brokers have only about 20-25% winning private retail clients. Amongst private retail traders it always seems to me that trend-following is the least popular trading strategy.

If you're a trader who also has some long-term investments, this kind of conflict happens all the time. But its not an immediate issue as the short trade in Stock Z has a far closer time-horizon than the investment in Stock Z. If you're pragmatic, you can also make sure your trade strategies...

I trade the Dow index value. Its a simple method - Stay long in an uptrend. Get out when price pulls back. Get in long again when price resumes climbing. Add as it rises. Get out when price pulls back. etc. etc.

SimpleMeLike - Nice post. Good to know I'm as dumb as you are........ but the sad thing is I wasn't always........

Its fake in a sense that most people don't recognise but not useless. The object of news media is to attract, not inform. The aim of the game is to win reads / views / clicks / likes / shares / papers sold / books sold. The last thing a journalist wants to do is give their audience the last...