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Anything you do will stop working after some time. Just buy...

Hookers and punters. :)

Chart patterns LOL. Some rich guy with a brokerage is waiting for you to pay for his next Ferrari. If you want to know the truth look for <Fooled By Technical Analysis> by Mike Harris.

Some Russian oligarch with an FX shop in Cyprus is waiting for you to pay for his yacht fuel for next trip to Monte Carlo.

System hardly works after 2010. Your backrest stopped working then. Close to 90% DD.

I hope you will avoid that wipe-out trade.

Cranks

You You will lose all your money and still cry loud TA. Typical of losers because that is the only thing you know and you do not know it well either. This is how it is done nowadays: numer.ai

Investor, You are correct and negative reactions to your hypothesis usually come from failed traders in a state of denial. The old TA is out for good, failed and done. New TA is machine learning and we are trying to forecast next period returns of one to a few days. This is what we do in the...

Yes, it's called BLSH.

Also all the patents have already been filed.

The trend is your enemy

Amibroker is good. I use it with Price Action Lab which generates code for it for complex price action strategies. It's a winning combination. You can also use R with Amibroker. R is good for things like statistical analysis and machine learning. For trading strategies I prefer a proven...

Simple enough to cause ruin:)

Since you know what's going on, you should be able to profit from that knowledge. If not, you are wrong.

IMO Quantopian is a legit operation and quite interesting. I follow the PAL blog among several others and Mike Harris has joined Quantocracy and he has also added capability to his software for generating code to use there. There is interesting discussion in the forum. I do not think there is...

Brokers give you leverage because they want your money fast.

There are millions of bar patterns and candles are just a very small special case. Mike Harris has developed the software Price Action Lab that can look for bar patterns in data. One problem with patterns in general is that you get them often and they can be false signals.

Interesting, thanks.

Interesting article with simulations about ES intraday trading. Just a small excerpt: If futures day trading is a negative-sum game, why is it so popular? Answer:This happens because 99% of the trading literature involves unsupported claims of day trading success and trading gurus would have...