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Following price, learning about how that moves, especially in relation to the psychology playing out, is worth 10X more than anything a maths guy brings to the table (short term algos are the exception and of course work well). The reason I believe is simple, the markets are like WILD animals...

It's not a smart ass answer. It's the truth. You want something easy, you want to spend an hour reading 20-50 pages and then become an expert. And let's not forget about the topic you're asking about - economics! A science where there are NO clear answers. You think by spending that hour...

Sorry, but cannot learn the intricacies of economics in 20-30 pages. Try 10+ years and even then it's probably a 50-50 shot if it will actually help. See, sometimes a rising price of X will mean Y will fall as the experts/textbooks will tell you. But then next time a rising X means Y will...

You lot all see HFT as some sort of bogeyman when most of them are just market making which the majority of the time makes the market cheaper and more liquid to trade. Go back 20 years and you'd all be blaming Locals, who surprise surprise were generally market makers offering tight speads and...

One of my theories about being a great trader is you have to learn ACCEPTANCE. Acceptance of pretty much everything. Amd like most of trading, it's easy to talk about, but a lot harder to do. Curt shows us acceptance and therefore a winning attitude.

No, the last thing I'd want to do is watch a video with Wright's bullshit/technobabble. Root canal would be more enjoyable (and I'd have to pay for that!). For those that are interested in the joker Wright, there's a tonne of info on the web, here's one of the best summaries. How Many...

It was about BSV because the ugly mug of Wright was in the first post. As for an ever rising BTC price, why would a government intervene? And which government(s) exactly? A rising BTC price would continue to prove it's working and there's strong demand for such a currency. So if the US...

What BSV dopes don't understand when they say 'the courts will decide', thinking that a court order can freeze or move BSV, is which court exactly? British courts? Chinese courts? Angolan courts? Paraguayan courts? See, you all get yourselves wound up about the 'courts' but again, which...

Buy low and sell high, or Sell high and buy low, or Buy high and sell higher, or Sell low and buy lower. That's about it really for the average trader.

Agree, and that strategy requires ZERO predictions. Just go with the flow. It works more times than it doesn't in markets that are flowing. As to what a flowing market looks like - look at the chart, it should be instantly recognisable. If it's not, either look at a different market or change...

You sure about that? Every strategy employed by every HFT firm makes a profit (almost) 100% of the time. If it's as lucrative as you say, you're best advised to get into the HFT game because you'll win 100% of the time.

Nobs I know what Buffett means. What I'm saying is he knows full well that there's a time to not own Gold/Silver (arguably 75%+ of the time) and seek out investments that hopefully offer natural growth and pay an income (like Coke). Then there's a time to own Gold. Right now probabilities...

Don't listen to Buffett, he's one of the greediest investors around so if he thinks Gold/Silver is going sky high, he'll be a buyer for sure because he cannot resist some easy $$$. Not necessarily for BRK but for his PA account. Plus, as the man always admits, he's been wrong countless times in...

100% right attitude Sigma. For me, I always like to look at 50 or so setups (screen dumps) in bed at night on a big 17" laptop. Not saying I'm anything special but this is the kind of work and effort needed, it never stops and it never ends...

You're asking for answers to questions that have no definitive answer. Your best bet is to look at 1,001 charts and work it out for yourself. Then another 1,001 and then another. This will probably take years. There are no shortcuts and the one's who know the best answers to your questions are...

Stop trading and take the necessary YEARS to perfect your game-plan. That's probably what you don't want to hear but without that proper game-plan you haven't really got much of a chance. Always expections to the rule but for most professional traders it takes YEARS to learn. Think about it...

There's no question that's the best time. But 7am-8am London can be tricky, better to wait for 8am+ when the proper volume comes in. Euro PM session is mostly follows the Dow/ES so better to trade that and not Dax.

Leverage always translate to the risk, not the timeframe. Plenty of scalpers use little or no leverage, plenty use high leverage. Plenty of longer term traders use little or no leverage, plenty use high leverage.

Yeah, sure it is... Are you making the easy money? If so, the easy money + natural compounding should have made you very rich or will make you very rich in under 2 years.

Most people will lose money very fast in this game whether they scalp or do any other form of trading. Reason? Sadly most people are real dopes ESPECIALLY the one's under 25 years old. They rush into the game, understand little, know even less, and above all don't realise that the people...