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Is price movement really random and unpredictable? Yes and No, to a certain degree. Which is depending on each ones his skills.

Well, it is already an opened secret that prices are pushed towards the event. Then the selling starts. So why would anyone jump in right after the initial trading period starts for a new product ?. You can also see the nice drop in Bitcoin prices after CME Bitcoin Futures launch. So history is...

As long as you can be surprised and are making loss trades and having drawdowns, trading is more an art. Also as long as you never know when your found edge is stop working, trading is more an art. You can do forecasts to a certain degree of precision. But after that it becomes an art to be...

Trading is much more an art than science.

You should know when to trade. Breakouts are better when NY opens. You can expect some trendy moves at NY session start.

Good to know this update. Thanks.

Is it realistic to design a 100% rule based system that will make you money every month? NO!

I do both. As long as the returns are far bigger from trading than from investing, it is fine for me. At least the risk adjusted returns from trading should be for anyone much better than on investing. Otherwise something is wrong with the trading approach.There must be a benefit for all the...

A simple bar chart (without anything else) is plenty enough for me. Mostly I do not care about charts. I look at the tickers, actual quotes from various instruments more.

You should know that intraday candlesticks are only a distraction as they are pure garbage in meaning of no predictive value at all. Also idk why you still need a zigzag line ?.

You need to backtest this over a longer time period. Idk which is best software to do this, but you could look at Quantpedia(.com) ressources. Second there is no free arb here, you need to have an opinion to trade options so there is a strategy behind you need to be aware of, especially the...

https://www.cnbc.com/2024/01/08/goldman-sachs-analyst-says-the-world-is-moving-into-a-new-super-cycle.html Top Goldman Sachs analyst says the world is moving into a new super cycle PUBLISHED MON, JAN 8 20248:15 AM ESTUPDATED 2 HOURS AGO Sophie Kiderlin@IN/SOPHIE-KIDERLIN-B327B914A/@SKIDERLIN...

That has nothing to say. There could be many reasons. Usually they do not hunt for performance alone, we all have seen that best hedge funds has under-performed the Nasdaq in 2023. They are looking more for good risk-adjusted returns. So this has no meaning, as also the time frame is not clear...

You would get it at a big bank, but you need to make at least 100k USD in commissions per annum. Usually it is very expensive to get people at broker with good knowledge. It is too expensive for them and most of their customers have no need for any advice. You would get it only for full on any...

APEX is best for futures, but wait for the 90% discount to enter. Usually every second month there is a 90% discount. For FX and Gold, FTMO is best in town.

Less risk with prop firms. You do a challenge and then have access to much more capital in terms of allowed max. drawdown than with trading on personal account. But of course if you trade a large personal over $1 million US Dollar then those props have no added benefit for you anymore. It is...

See here this Monte Carlo Equity Curve Simulator. Just play around with the numbers in the settings to get a feeling what is possible and what max. loss in a row to expect regarding to the win rate...

yes, if you have 6 R or 12 R as max. drawdown on a given month. Then it is very realistic. But do not expect this from any EA, there is no such system on the MQL5 market going forward. With Monte Carlo Simulation you should expect 10 to 15 loss trades in a row with 50% to 60% win rate. So the...

The devil is in the details. You need to find out the optimal settings around. Because if you have not good settings you can also loose. It is all about a meaningful approach, because cointegration has no meaning when there is no real relationship, as you get only spurious relationships with no...

Journalling is not enough alone (probably more on discretionary trading), you should read more to get more ideas to test and do more backtesting then. You can get a lot of ideas at a glance with a lot of info on all different kind of subjects at Quantpedia(.)com website.