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  1. schizo

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    You think I'm stupid? :D I've been through that phase already! That's MA(1) displaced forward x days. But you know what? I've tested that strategy extensively in the past and it's not all that good. There will be some serious hiccups that you've not anticipated before.
  2. schizo

    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    I personally don't use any indicators for my discretionary trading, but I've dicked around with a few when testing my algos. In the process, I've realized that there's really no right way or the wrong way to use an indicator. For instance, more than half of the time, I tweaked the formula of the...
  3. schizo

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    I notice you like quoting platitudes. Anyway, I won't pursue this matter any further, but if your interest in sharing your wisdom with other traders is genuine, you really need to change your approach. It feels either frustrating (for the noob traders) or downright condescending (for the...
  4. schizo

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    The bone that everyone is picking on isn't about "why'd you do that for?", but why you keep feeding them HINDSIGHT ANALYSIS. Instead, they want you to show them what will happen going forward.
  5. schizo

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Geez, after all this time, you still rely on all those indicators?
  6. schizo

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    Dude, why don't ya just post your trades in REAL TIME for everyone to see and you wouldn't even need to do all this rationalizing. Just like your preaching, keep the damn thing simple.
  7. schizo

    "Do trendlines work?" + Confluence of support... SP 4200?

    Nah, we've hit the bottom today. The low is in for the time being. We should see 4400 on SPX cash before resuming down again.
  8. schizo

    If a trader has six display screens, what are they likely to be looking at?

    Think of it this way. Noobs think the more indicators they see on the chart the better. And to draw more indicators, they obviously need more screens. But once they realize only price matters and all those useless indicators can be thrown out the window, then they're left with only (that's...
  9. schizo

    Tit For Tat: Who will win this war?

    Not to mention the "debt trap" China created under the guise of Silk Road Initiative. They go in to modernize the infrastructure for all these piss poor countries, but instead of hiring the locals for labor (which would actually help their respective economies), workers are brought in from...
  10. schizo

    Tit For Tat: Who will win this war?

    Listen, before China, there was South Korea. Before that, there was Japan. They all provided cheap labor and, as a result, they all prospered. Without the outside investment, none of them would be who they are today. In that regard, I believe the US offered more than they received from those...
  11. schizo

    Tit For Tat: Who will win this war?

    Even so, that slave wage was enough at the time for most Chinese to live off of comfortably. It's wrong IMO to be looking at the world using the same metric that we use. Nobody's defending the blue chips. But knowing how dire the Chinese economy was at the time and how much progress has been...
  12. schizo

    NFT Crash: 95% of NFTs may now be worthless

    First, if you're smart, you would have cashed out long time ago and not dick around hoping for a bounce. Second, isn't that what fads are supposed to do? They're created to lure suckers out of their money. Third, perhaps the most important one that I've mentioned time and time again, don't look...
  13. schizo

    Does anyone use Trade Fundrr?

    My apology if I missed the mark, but how you phrased the question sounded a bit suspicious (OMG, how could such a great company not be talked about, especially here???!!!)
  14. schizo

    Does anyone use Trade Fundrr?

    I think it means those who passed their evaluation, which means nearly no one will ever enjoy "no maximum limit". I mean, have we ever seen anything remotely similar in the past? Is this even realistically possible? Doesn't it sound more like hook-and-bait to only entrap gullible noobs? BTW I...
  15. schizo

    Does anyone use Trade Fundrr?

    "For qualifying and funded traders". That should bring the turnover rate down to 0.
  16. schizo

    Does anyone use Trade Fundrr?

    It looks like just another prop/bucket shop with a trading combine. Seriously, we've been down this rabbit hole for the last 2 decades and haven't seen any credible account from anyone that made serious money through any of them. They all say they're looking to fund talented traders when in fact...
  17. schizo

    Tit For Tat: Who will win this war?

    I'm old enough to remember how poor China was back in the 70s and much of the 80s. Sometime in the late 90s, I got into a heated argument with fellow Chinese netizens about IP theft. They all rationalized the theft by saying, "What other options do we have? We're poor and destitute." Well...
  18. schizo

    Tit For Tat: Who will win this war?

    Don't be so damn obtuse. It's only because countries like the USA gave a generous helping hand by investing in their market that they were able to get out of their poverty. :rolleyes:
  19. schizo

    Can I make more than 20% profit?

    But you forgot to also ask how much you can lose in a month. Can you lose about 20% every month? Is it possible? Absolutely. Don't listen to those clowns.
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