Search results

If your tight stops are getting taken out and then the market moves in your favour you're falling victim to the perversity of the markets and as I always say perversity will dog ALL traders ALL the time. That means it dogs me as well but if you understand that, you can try to use it to your...

I haven't a clue who the likes are from, maybe many of them are from you? I'm not trying to sell anything, not asking for anyone to believe what I say, that's up to them, you have to sort the wheat out from the chaff and no doubt I have some chaff, as well as wheat. You obviously think I'm...

1) None of your business. 2) Not interested. Why work for someone when you can work for yourself. Having said that there are disadvantage to working for yourself as well as advantages of working in a business. Both come with associated advantage/disadvantages. 3) Studying Shakespeare at school...

Percentages are only one side of the equation, you also have to look at what sort of number makes up 100%. So even with a 95% failure rate that still means there are hundreds of thousands of traders around the world making good money, some of them excellent money. Anyway, the failure rate of...

I agree, you can lead a horse to water but not force it to drink. That is a problem for many but if they can work out the problem, they can solve it. Not saying it will be easy to solve but at the same time it is solvable (if it can be recognised).

It's not unreliable if everyone wants it. It becomes a great probability trade. It's not subjective if everyone wants it. It becomes a great probability trade. Fundamental analysis not needed. If the fundamental traders want it, who cares why, the important thing is they have to buy, either at...

TEB, now you're starting to look a little bit silly with your comments. Why not try to do as I'm doing and offering good information that people can think about and use rather than ranting and raving like a madman? Here's something that will help people, especially if they believe in the...

183 posts, 77 likes. Looks like there are many people who seem to like what I say. But then I always like to give people what they want, so if you think my posts are good entertainment, I'm giving you what you want :).

Tight stops are hardly snake oil. Why use a 50 tick stop when a 20 tick one would be more intelligent? The key to using tight stops is similar to the middle weight boxer flooring the heavyweight. Normally with such a weight imbalance it's not possible but there's a often a very tight window...

All edges do not evaporate fast because markets are run by emotions and human emotions don't change, we tend to do the same things over and over again meaning we make the same mistakes over and over again. Markets are therefore the same today as they were 100 years ago. Livermore was right...

Laugh all your want at the 7th Law. It's been around for many years, fortunes have been made and will continue to be made via its application. As for the 'smart money' (wish I had a $ for every time I see that cliche mentioned) being in before everything happens. Good for them. But that's not...

Algonoise is talking sense.

Now we're talking and on the same wavelength :) When a trader goes long there's only one thing that will make that trade profitable and that's an increase in demand over supply, that is the exploitation at work. So a trader is trying to exploit that potential future demand/supply imbalance...

1) Then why are their still human traders in the markets making money year after year? And will continue to do so for many years. According to your logic they should have gone the way of buggy whip manufacturers? Granted, at under 1 sec no human can compete and I've always stated that. 2) Why...

Successful trading is also about taking advantage of others, and defiantly taking advantage of their mistakes. So what happens if/when the Algos do start to take over? Do you think many of them will open themselves up to getting caught? Getting trapped? Making the wrong move and the wrong time...

If the internet was theoretically banned tomorrow, what effect would it have on our lives? Not so much really. Therefore it's not such a big deal. Many people if you've noticed are starting to give up on much of the net. I don't see many people giving up on electricity. Ban cars tomorrow to be...

Unsubscribe all you want, but you only pick up on my minor points, never on my major one, like please tell me when human emotion become irrelevant in the markets and replaced by the Algos. That point of yours right there tells us all we need to know....

So until someone can program an Algo to recognise and use perversity no proper human trader should be worried or feel 'irrelevant'. However, the markets don't always deal in single perversity, they can add perversity onto perversity meaning double perverse. A human trader can often recognise...

Perversity is another concept computers can't easily grasp, if at all, and if there's one word best used to describe the markets and trading it's perversity. Perversity dogs ALL traders ALL the time. Which means it will also dog ALL Algos ALL the time. And that's why they are no threat to the...

Love the subtle put down - as in retail traders know shit, listen to me instead. So if markets are now driven by Algos, what were they driven by before the algos? Astrology? The charts I trade are no different to those of 20 years ago, NO different. I see the same patterns due to emotions that...