Search results

  1. T

    Market has topped on 2019/11/07. Get the hell out now.

    I don't trade US stocks, just the DJIA index value. Chart says be long.
  2. T

    “I Sell My Winners Too Early and Hold Losers.”

    Some good points, and thanks. There is no need for a universal definition of a trend. My trend is the trend I can trade well using my strategy: your trend is yours. In the context of my trend, I might say a weakness in an uptrend is the first daily bar with a lower high: a re-entry signal in...
  3. T

    “I Sell My Winners Too Early and Hold Losers.”

    Concern with selling winners too early indicates a trade-focused mind-set. Focus ought to be on the trend, not the trade: i.e. on the objective, not the battle. It reflects concern at the risk to unrealised gains rather than the growth of realised gains. To counter this anxiety - take trades...
  4. T

    what do you think of this strategy will it work?

    There are multiple variations on this approach, which includes stuff such as opening range break-outs, bracket trades etc. They all rely on the tendency of the market to move with greater energy and in a more consistent direction when the London market opens and also when the NY market joins it...
  5. T

    Learn to wait

    Take time off from studying charts and learn to play chess well.
  6. T

    So I just bailed out of this market

    I'm theorising for the private retail investor/trader. Yes, its possible to trade between the 10 days and 2 years time horizons but I say its neither low-risk nor cost-effective. This view is very contrary to the financial sector as a whole, where long-term is seen as anything from 60 days to 3...
  7. T

    So I just bailed out of this market

    I think your whole philosophy is mistaken, I see two reliable ways to make money from the markets - invest over multiple decades (not years or months) using FA or trade over days (not weeks or months) using TA A very few people can also trade over minutes using TA but this group is too select...
  8. T

    Man Who Met Trader Through Craigslist Ad Must Repay Brokerage

    I'm sure Ironbeam didn't want to just let all that money go. But then they went to court and entered it into the public domain what rubbish traders they actually were. You can only hope the bad publicity means an end to Ironbeam and the likes.
  9. T

    Market has topped on 2019/11/07. Get the hell out now.

    That's a valid observation; agreed, buying pressure weaker now. But this is a periodic feature of any extended uptrend: a long way from a topping signal on its own.
  10. T

    Increased demand for stocks and its effect on the stock market.

    I think technically the stock markets are not rigged to the upside - it is actually the stock market index values which are rigged to the upside, not the share price of any individual company.
  11. T

    What would you do ?

    Yes, I also talk only of morals here. I suggest that all questions concerning the initial capital, profits, losses, interest, risk, strategies, tax etc. etc. are all irrelevant. My argument is that its morally wrong to accept any money from your friend to trade with. Your toing and froing...
  12. T

    What would you do ?

    I would not invest anyone else's money, no matter how much/how little they put forward, nor how they got it. In my mind, its morally wrong to do that anyway, so the question of taxes does not arise. Maybe in your sub-conscious you are also hesitant about taking money, any money, but you're...
  13. T

    When will this uptrend end?

    This is with LCG, a UK spreadbetting firm I use.
  14. T

    When will this uptrend end?

    Every chart you pull up on their platform has a bar with red and green section just under the Buy/Sell tabs. The more clients are short, the longer the red section, vice versa for long clients. Hovering the cursor over this bar gives a pop-up with the actual figures. For the DJIA this has now...
  15. T

    When will this uptrend end?

    Clients with an open position on the DJIA index value tonight with my access provider are 74% short, 26% long. Well, after a strong up move today maybe the market will pull back. And maybe these shorters are only looking for a few bearish hours' worth of action. But being right about this...
  16. T

    When will this uptrend end?

    A strange truth but many new traders seem more afraid of trends than any other TA feature. New traders always seek out more and more information. When they reach a trend, they find there is probably less written and printed on trends than any other chart pattern or indicator or strategy. In...
  17. T

    Is it true that demand and supply analysis doesn't apply to forex?

    Lot of money. I'm sure you learned more about the markets than just price imbalances but probably not so much as to justify the costs. But it was a mistake rooted in logic and good experience. We have all of us absorbed the way to become really good at jobs, professions, careers, specialisms...
  18. T

    Reading "Dynamic Trading" by Taleb...am i supposed to understand any of it?

    The Back Swan event - one very good idea. And he never never lets us forget he was the one so smart as to think of it.
  19. T

    Is it true that demand and supply analysis doesn't apply to forex?

    Price movement? Although only an indirect summary of the divergence between actual supply and demand, its still a workable solution.
Back
Top