Search results

I trade USDJPY due to the low spreads and large expansive moves. I over trade quite a bit because I keep hoping that I’ll “learn as I go” sort of approach. I don’t have a rock solid entry/exit system. I trade based on intuition. I use the 1 minute exclusively. I don’t trust traditional ideas and...

I mean it’s a great idea in theory and I tried it for awhile but it wasn’t working for me. Maybe I went about it the wrong way though. Maybe I should more so work out what I can do differently so I can not be wrong

See I tried this already though. it didn’t work. Basically, I started trading against myself but when I traded against myself, I started being wrong again lol

This guy is my hero

It feels like a guessing game though and I usually guess wrong. How do I predict better?

Maybe at support/resistance. Still trying to figure this out. I’ve tried precise entries but those don’t seem to work or at least I haven’t gotten them to work

According to the OP, all the risk management won’t help you if you don’t know the obvious

Is he possibly implying that there are multiple obvious reasons and not just one obvious? Is he saying you need an edge? If so, why does he so Backtesting is worthless? How else can you get an edge unless the edge is by being more mindful than other traders…? Am I missing something? Also, I...

Is the obvious noted by NYSESTOCKS that price has to be moving? Is he suggesting that price goes through different market conditions and price can literally be doing basically nothing? Also, this thread has me thinking in a couple of ways… such as: — do I need to trade against other traders — am...

Right, but if a positive expectation existed, then why is it always stated that past performance doesn’t guarantee future returns? If the expectation isn’t consistent, is it a true expectation?

Are you trading on a positive expectation?

Why do you think the stock market is not negative expectation?

What makes you think that trading is any different from a casino? The double zero mentioned is the fees and the commissions. If trading is purely random, you lose in the long run. PS: I’d appreciate it if someone can help put me on the right path. I’ve wasted a lot of time with wrong paths. Is...

Not really. This is false. A trader is already losing due to fees and commissions even with 50% odds

One of the OPs said that everything flows from the positive to negative and that it’s for a reason. Are we saying that the market purposely moves back and fourth from martingale to reverse martingale?

How do you combine the 2?

It was waiting to see what happened first so he could ”react” instead of “predict” what will happen?

I’ve done this though and it doesn’t seem to work for long? Maybe I should have waited more patiently? Idk

Up down or sideways. But how does this help me?

What are you getting at? Yes