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  1. danielc1

    Thinking out loud…in this kind of environment….

    I have been trading since the age of 15. Nothing to be impressed about. I have been lucky to have had parents that stimulate my interests on a young age and had the financial backbone to get me started. If I had 'normal' parents, I do not think I would have been so far, so fast.
  2. danielc1

    Thinking out loud…in this kind of environment….

    It is very simple: First you want to know what you want to own. Your universe. Then you take a longer EMA and a shorter one. When prices comes under the shorter EMA and your shorter EMA is above the longer EMA and price goes back over shorter EMA,you have your entry and know the level of your...
  3. danielc1

    Thinking out loud…in this kind of environment….

    That is exactly one of the strategies I use for +30 years now.
  4. danielc1

    Question regarding backtesting of trading ranges

    No need to backtest. Bullish is favored most of the time. Also if you are going to backtest it: You need to first make out what a trend is for you and then the range.
  5. danielc1

    The truth is trading is incredibly boring..

    I have had a time in my life where I only did trading. Never again. It was stupid, boring and not fulfilling for me. Since I made a switch and start doing other things, I even got better at trading. It is just something I do for an hour or so a day. Leaving the rest of the day enjoying other stuff.
  6. danielc1

    pick your partner

    There are more easy ways to launder money.
  7. danielc1

    what is the maximum mathematically possible daily profit

    I'm a troll that can not trade. So the answer of this question will solve this. I can not wait for Attocel to enlight me so I can become rich with a 500:1 leverage.
  8. danielc1

    What to do while profits roll in?

    I believe you need to catch the fat end tail of a profit distribution, so I always trail and shoot for at least a 5 to 1. There for I´m willing to give up everything in between. I reverse the saying that a loss is not a loss when you hold it. I say a profit is not a profit unless you have sold it.
  9. danielc1

    Looking to team up with someone skilled in system building

    I have another example: I trade discretionary but my entry is rule based. I have programmed that entry and if I got an entry, I just look if I like the trade. If I do not like it, I'm out. This approach met me trade multiple markets.
  10. danielc1

    Define “Edge”

    There is no secret what an edge is: 1) it can be a way of trading that the odds of one outcome is higher then the rest. (Most trader are focused on this) 2) it can be a positionsizing method where you win a lot more then you lose. (Most successful traders do this) 3) it can be a combination of 1...
  11. danielc1

    What's your Edge

    The edge I have is that my losses are smaller then my winners. Like 5r wins or more, with outliers of 20r to 50r.
  12. danielc1

    Any of you remember the 2000 crash?

    I know there is a manager at MSFT and his only job is to make other employees 'believe' they could double the entire company turnover worldwide.
  13. danielc1

    Is 50,000$ Enough to set up a trading account to earn a full time living?

    A better question would be: I want to make $50000 a year with no leverage, how must I trade, what kind of metrics do I need from my system to determine the capital size required? Maybe then you get an answer that is helpfull.
  14. danielc1

    Can you recommend a course on trading psychology?

    I find the work of Van Tharp very good.
  15. danielc1

    The main reason why doing business with these get-funded programs is a bad idea...

    Omg What are you doing on a forum about trading? The market is basically made to make a transaction between two parties. There is nothing unethical about it. And both parties could make money on their actions. A trader provides liquidity and carries the unknown short risks within to create a...
  16. danielc1

    Stress and Trading

    Any kind of stress in the market is self-inflicted. It is how you think about things on a deeper level that gives you an adrenaline rush and/or gives you frustration on the things that happens in your trading day. Being aware of how you react and the circumstances of that reaction is the key to...
  17. danielc1

    I find this interesting...

    I have another one: if you use Gann Square of nine calculation on major pivots, you get the lines where major turn happens and if the turn doesn't happen at such line, it happens on a Fibonnaci number between those major lines. Every time, every instrument.
  18. danielc1

    The main reason why doing business with these get-funded programs is a bad idea...

    Consistent profitability is more than just an entry and an exit. The biggest part of a winning strategy is the management of your trading capital, how you do you position sizing according to the volatility of a market, and how deep your pockets are, and so on. The maximum heat on any given day...
  19. danielc1

    The main reason why doing business with these get-funded programs is a bad idea...

    Ok What about not knowing what you are doing when you are following the signals of a non disclosed strategy? That is basically piggyback riding.. let's say you follow a couple of traders and trade like they do. How would you positionsize your risks with more leverage if you do not know the exit...
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