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Really? Are you enough noob to ignore DB is an European bank with EURO quote? 12.88 EUR right now. Or close to $14 "for you".

Why do you want to buy weak stocks and sell strong stocks? If you want to win regularly, do the opposite. Buy strong stocks during pullbacks and sell weak stocks when they rebound. Right now, DB is a nice short @12.5/13, and NFLX is a hold @120/122. 5 months ago, everyone wanted to short NFLX...

Hello HS, long time. Funny because at the same time, I am getting bearish on indexes ! Look at your favorites : Biotech and Russell 2000. They seem a bit weak. Usually they are leaders for corrections (and rebounds). Moreover, we can face a double correction in bonds & equities. It happened, it...

Or a full-time trader. Traders got plenty of time. They can post 522 posts in a forum. Ahah, so "aussies" are not everyone, they work, other people are lazy ? So pompous. Daniel Richards, you are what you are. A fraud. Moreover, somebody enough egotist to choose Albert Einstein for his...

Interesting. :thumbsup: So what do you plan to sell? :wtf: CM

Watch this video. Marty Schwarz confesses that he makes more money now selling options than trading futures by the past. He is 70 years old! Remember, he was ranked 3 times world best futures trader! https://en.wikipedia.org/wiki/Martin_S._Schwartz CM

Of course, idiots can apply same process / software but what is the interest? Not being profitable ? This is non-sense. This is why large banks stopped prop trading in favor of HFT. But even HFT is crowded and less profitable. Again, being profitable is the goal. If you enjoy to code, then code...

I am not opening a different topic. As I said, this is not a question of tool (TA ? Price Action ? Robot ? Software ? Order Book ? Fundamentals ?) but a question of mind. There is more than one way to skin a cat, and graphs/TA are one of them. You can work with the best system / software / robot...

So why many trading systems don t last more than 5 years? Except Renaissance technology, majority of quant trading firms lose money at the end. Why? Because they run historical data through a code. And trading is not about the past but about the present. CM

Subjectivity is not a question of tool but a question of mind. If you work with graphs (with or without indicators), price, volume, order book, facts : they are what they are. Real. But your own analysis is subjectivity. If you look at graphs or numbers, and just go with the flow : you are...

You are talking about one of the best trader ever. Most of his rules are still valid today. Lunatic trader : Not really, during his trading, he was focused and got a plan. But it is true he lived a life of luxury and was a miser at the same time : duplicity. He used to live in high society and...

Momentum is the physics fact that when you let roll a ball in a U-shaped ramp, ball tends to accelerate then decelerate, then reverse, accelerate, decelerate, reverse... thanks to his kinetic energy. Stocks price are quite the same. They need volume and buying pressure in order to accelerate...

A winner lives at the expense of losers. Why wouldn't you enjoy stupid guys losing money over and over again? This is the game. You don't become a winning trader after few months in front of your screens. It takes years because you need to live and trade different cycles : bull, bear, trading...

When you think you had it, write it. Write a set of rules. And weeks, months later, read them again when nothing works. Did you apply them religiously? Yes => your rules need to evolve. Analyze what didn't work during the last cycle. Maybe your rules are valid in a bull market, not in a bear...

I agree with you, few people in this world would be enough smart (autist? sociopath? ) to analyze every move in every time period. Thanks God, you don't need to be a genius to make money. You need : - Simple rules (aka simple for you, but maybe difficult for sbdy else). - Patience (no...

For your money management problem, there is one simple solution : Rather than taking profit, roll as long as you win. For example here, sell SPY210 and buy at the same time SPY205 or SPY200. If markets continue to fall, roll your SPY200 => SPY195 or SPY190. Etc. Of course, if you are wrong...

This is a good point. 1 min is useful if you trade futures. Because futures are crowded with good scalpers, HFT, robots... and they make their living at the expense of classic day traders. So even if you are a good day trader, sometimes you will be forced to get out of a good trade because of...

If we lived in a perfect world, numbers would be known by everyone at the same time. Insiders would follow the rules, and anything could happen. Reality is that insiders and friends, hackers, HFT firms got numbers days, minutes or even seconds before everyone and what are they doing ? They abuse...

Interesting, thx. But I don't trade fundamentals. I trade graph & price action. IMO, downtrend until 27.40 dollars (2015' lows). Wait to see if it holds. Super bear below 27. CM

Obviously, numbers won't be good and insiders are dumping their stocks like hell ! Bear bear bear. Back to 27 at least. CM