Search results

And then started earning money after he became a vendor? :) The main problem with Brooks and similar teachings is that it requires interpretation and quite often you'll find yourself with conflicting signals. If you find a solution to that, fine. But in the end the only thing which matters is...

I read his first book. It's vague as hell. And yes, I read it multiple times, too. I'm not saying there's no value to be found there, but I'm not convinced at all that Brooks is a profitable trader. If you've been at this for 13 years and still lose money, the OP should listen up, because...

If you're still losing money after 13 years and lately from using Brooks - why should anyone else expect a different outcome?

Not a prediction. Just an observation.

Well - it's not like there have not been a lack of coverage and daily deaths from covid-19, is it?

And where were you last week? I posted some research for you last week. I imagine that if you want to ride the up trend in stock indices, you should simply buy and hold. There's plenty of gains in the day time session, too. So, if you go flat on the cash open you'll be missing out on those gains.

This market seems to leave most dumbfounded. In a short commentary, Nicolai Tangen, new leader of the Norwegian oil fund said something to the effect of how extraordinary the last 10 years have been and that this can't be sustained, because this is not how markets work. For what it's worth...

NQ is the stronger one today for sure. However, my model indicates a good chance of move to 3760-62 today on ES as long as we stay below 90-91. The day is still young so it may happen later in the session.

I'd be a bit surprised if we don't see 62 now, but always spooky being short this market.

Scratched it for - 1,5.

TICK DIV on that drop. Long 80,50. Tight stop.

3760 would be the target to the down. I'd say about 40 % chance of that happening. So, the day is kind of open at the moment from my point of view.

We could have the LOD now, but it's too early to nail it down, IMO. Still some downside risk here. 88/90 as potential resistance above. If we can take out those and eventually print 93 + - I'd feel more confident we have the LOD. Right now it's a bit uncertain, IMO. :)

Contact them directly. It depens on the datapackage you order. Certain brokers makes you eligible for a fee-waiver which could give you some reduction in fees. I think they offer a trial too. I don't remember exactly what I pay right now, but it's approx. $100 per month.

And how do you know funds are not utilizing this strategy? I think I just showed that it is profitable - although there will be deep drawdowns. That's why it's not good for compounding and probably the explanation of Rickshaw's large loss in March. With additional filters/parameters to better...

If you want to be cheap - I'm sure there's solutions for that. I think you can rip data from Ninjatrader charts. In fact I know, since I do it on daily/weekly/monthly charts. But for quality 1-minute data I use QCollector/IQ Feed.

Good example. To be clear - what I attempt to do and how is well known to me. I'd say my 'edge' is detailed market knowledge following years of specialization and research and custom tools to aid that process. This is what I've done to deserve to get paid. Add to that - I don't see how I could...

Add value how so? To a firm or to the market? Without being specific I would say my edge is market knowledge about how the market typically moves on a daily basis after years of observation, studies and research. To aid my trading, I built a custom statistical application which computes a shit...

Update. The gap below filled to the tick. Now, I could try to act like I'm some trading genius who sold the high and bought the low tick, but trade calls and actual trading are two very different animals, so please don't confuse the two. Trading requires actual entries and exits in a live...

Good call. Linda strikes me as one of the few educators who actually are the real deal.