Search results

The edge of trend following, albeit, very small, is that if something is trending it has slightly better chances of going the same direction rather than reversing. However, going sideways is another outcome that is often overlooked and unless you prepare yourself for it, it can kill the...

Same could be said about yesterday being Saturday and you having to wait til Sunday 17:15 to unload Forex

Arghhh, the irish :p

Sure, and others too, but I prefer 7 and 30.

Yep, read it wrong as well, I blame Atticus lol

Impossible, with the incredible liquidity of ES he would be topping Forbe's list, yet he is in the snake oil selling business. During times of a very high vix, doable, every day, not a chance. Common sense ChkitOut.

You got the wrong reader.

You know who you are :D

You don't need "fancy" tools to make mean reversion work, as some of the posts/threads links suggests. What you do need, is a sideways market that extends itself to confluence. Crazy how people complicate this business so much. Sometimes the brilliance can simply be found in simplicity.

A bad trader is one that takes advice from public/private discussions boards, mentors, friends, books, magazines and risks money on it without a serious intensive study that such advice is in fact, sound. Funny enough this incorporates the vast majority of the readers and then they have the...

Only thing obvious is that this thread is huge entertainment, I come back over the course of time to entertain myself with all kinds of responses; ambiguous, wise, ridiculous, irrelevant. Good job people :)

I consider myself a professional and I use stops, so I'm glad you had the word "Most" there.

TA works great, it's just you that's broken surfer. And your Price Drivers calls in January ? They sucked! Your timing is horrendous, not so hard to get good accuracy when stops are large and you add to losers, why you think avegaging down is appealing in the first place genius? Who's the...

Daniel, Why you wasting your time posting in this cesspool of a forum? Use what you know in the charts not with anonymous idiots. I stopped posting for the same reason, be smart and follow my lead.

To the OP, Without multi timeframe analysis you are a sitting duck, you want to learn how to go up and down the timeframe scaling to clean up a messy chart. Study swift moves, learn how candles look like during these moves, then study the messy action and compare, can you tell the...

For "Fruitloops" :)

You have just described by people fail in this venture and it's not because of the reasons you listed but because of how you listed them. Keep doing what you are doing, your mind is not fit to be a trader.

Moving averages got nothing to do with self fulfilling prophecies or anything of that nature. They are mathematical averages and just like any average it's representation in charts is important. The problem lies in identifying how price is behaving towards them in the various timeframes...

Incorrect, don't make bold statements like this when you clearly show ignorance.

Red Neck, From a personal perspective and experience. It's more reliable to read into a range that is breaking against you than into a trend "acting" as if it's going to "reverse" in your favor. Bottomline, easier to tell when you are wrong when you do it this way; although for many, it...