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    ET gone to the dogs

    "Take it or leave it". Or disbelieve it.
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    Weekends

    "Jergens"???
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    ET gone to the dogs

    I do disagree with the last two posts. I want people on a forum to disagree with things I say, and I want to hear what they have to say about why and what I should be doing instead. I don't filter out posts from inexperienced traders. Even when posters are wrong, through inexperience, mistaken...
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    ET gone to the dogs

    I have learned a lot from long-term posters on trader forums, though the proportion of gems posted is low, and the learning curve flattens out as you gain experience. I double up on this by posting my own tactics or potential tactics, and these same guys come back and tell me usually its not a...
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    Weekends

    Got some exercise yesterday, watched some recorded TV stuff, marked up some D1 charts, a bit of trader forum posting, played a lot of ARMA3. Much like a weekday really........
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    "Easier" to make money going Long than Short?

    The only market that has an inherent and constant bias in its direction would be a stock index. The weaker members are constantly being churned out and replaced by strengthening members, so there is an inherent upward bias to the index's numerical value, though not to the individual stock...
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    Why is trading so difficult?

    I didn't even know you could view pornography in the Supreme Court. Please send me their post-code.
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    This is beauty!

    Not something I do but one way to generate sell signals off BB's is when price rebounds from the upper boundary and a bar closes below the mid-line, and there are several of these behaviours. If you trade off BB's I can't see anything wrong with taking these: a percentage prove really valuable...
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    This is such a BS candlestick pattern

    Context is everything. Any signal or pattern that leads into a strong and persistent trend gives a fantastic outcome to a trade. But was it really the pattern that was so helpful, or was it the trend?
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    This is beauty!

    What is the yellow arrow?
  11. T

    What is an edge?

    An edge is anything you can do which moves an outcome away from random. We all have one or we wouldn't be trading.
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    Why is trading so difficult?

    Using TA there are basically only two approaches - buy something because price has been falling, or buy something because price has been rising. Anyone who consults price before their purchase decision is using a form of TA.
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    Alternative Data

    I used to be a member of a national shareholder group. They issued a monthly newsletter and ran occasional educational events. What was interesting was the invitations we used to request to visit listed companies and get to meet directors and sometimes CEO's. These were educational, both...
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    Why is trading so difficult?

    But what's the reason you would say this?
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    Alternative Data

    Some alternative indicators have been around for a long time, haven't heard much about them recently. But that might just be because the market was just rising for years and years, so stock-picking fell from view. Worth thinking about - * company purchasing many new trucks * company starts...
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    Why keep a journal?

    Definitely keep a journal. It helps you do more of the better things and identify the bad things you might have started doing either as a revised plan or just by chance. Don't log every piece of data. e.g. there's no need to record prices: just record why you got in, why you got out, and if...
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    What is better: using a simple moving average or price action?

    Not just Buffett, the wannabe trader. MA cross-overs are a poor entry signal if you trade reversals because, yes, they lag. But I like to see short, medium and long MA's in the correct sequence before taking a trend-following position. This demands a delay between the price reversal and the...
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    Technical Indicator to stay out of choppy range

    I use this approach on longer term time-frame using 50EMA weeklies. If the TA makes sense on two widely diverse time-frames, its most likely completely rational.
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    Why is trading so difficult?

    It really IS garbage if you use it wrongly. But so is everything.
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    Why is trading so difficult?

    People don't necessarily make a profit from trading because others use methods that don't work. The fact is they do work, but not 100% of the time. So there are always successful traders who are losing on a given trade in a given time-frame. So even if a law was passed which said everyone has...
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