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  1. HolyGrailSeeker

    How to Tell when a Trend has ended?

    I studied a little bit on his methods. But ultimately feel it is too far out there for my liking.
  2. HolyGrailSeeker

    How to Tell when a Trend has ended?

    Well many of the famous traders taught in a vague way. Gann is another one that likes to talk in circles. They don't give their student's the exact formula that they are using, just the basic framework, but encode or hide the deeper knowledge in a way so that the most studious of their learners...
  3. HolyGrailSeeker

    What if the markets never crashes more than 50% again?

    What i'm worried is that the every country will be a police state. Everywhere you go, you will need a tracking device. Signing in and out on every location you visit all in the guise of controlling a pandemic but in actuality the data being used for more nefarious purposes. Man's freedom will...
  4. HolyGrailSeeker

    How to Tell when a Trend has ended?

    If you never sell you don't lose a trade by definition So maybe he sells all his winners (100%), but keep all his losers till it somehow reverses if ever.
  5. HolyGrailSeeker

    What if the markets never crashes more than 50% again?

    Well Covid19 could be engineered by the NWO to crash the markets but it backfired spectacularly.
  6. HolyGrailSeeker

    How to Tell when a Trend has ended?

    You can predict a reversal a good % of the time but how about the absolute top or bottom (Not on hindsight)? I find that it is impossible to predict something like that because of how dynamic the market is with too many factors involved. What you think is rising too high, sometimes goes even way...
  7. HolyGrailSeeker

    What if the markets never crashes more than 50% again?

    Look at the stock markets defying all logic in the face of Covid-19 with lackluster business sales yet breaching all time highs again. It seems to me the general population has woken, they know the fed is pumping trillions of money in stimulus and fiat is just paper money that can be printed to...
  8. HolyGrailSeeker

    The myth of letting your winners run

    The reasoning is this... If you take profit off when your target is reached? Why? Because alot of the time the market can go higher and it does. Do you buy back in if it consolidates and go higher? I think profit should be taken off when there is a reversal which shows prices are going towards...
  9. HolyGrailSeeker

    How to Tell when a Trend has ended?

    I feel double/triple tops and bottoms are the best, plus if volume increases on the breakout it strongly signifies a change of trend.
  10. HolyGrailSeeker

    Did anyone make a lot of money this year? This trader said he made over a million from 50k...

    A black swan event could wipe out a huge percentage of your portfolio esp since his using up to 100x leverage he could just be lucky and may lose it all. Jessie Livermore made a billion dollars adjusted for leverage yet lost almost all in his last years. ( in fact he has made alot and lose it...
  11. HolyGrailSeeker

    Did anyone make a lot of money this year? This trader said he made over a million from 50k...

    I actually go all in for most of my trades. But I have a very defined stop loss. So yes, I can make a lot in a short time than someone say risking only 1% of their account. As long as you have a defined stop loss you will never ever "blow up" your account. Say your stop loss for e.g 10%. You...
  12. HolyGrailSeeker

    Did anyone make a lot of money this year? This trader said he made over a million from 50k...

    With 100x leverage I guess anything is possible. But 100x is super risky, anything more than 3x is nuts for me. But a win is a win afterall. You can afford to lose many times because you only need to be rich only once. If he has any sense, he should take half of it buy a property or something...
  13. HolyGrailSeeker

    Did anyone make a lot of money this year? This trader said he made over a million from 50k...

    Did he share with you his method? Or any hints?
  14. HolyGrailSeeker

    Did anyone make a lot of money this year? This trader said he made over a million from 50k...

    Its possible. Not really. He is probably playing penny stocks with some leverage but not necessarily super high leverage.
  15. HolyGrailSeeker

    Kooks of the trading world?

    There are tons of interesting stories. Jessie Livermore who turned almost nothing to a billion adjusted for inflation. But he died almost broke. He bankrupted thrice and was able to rebound the first two times. But the third bankruptcy plus mental issues nailed the coffin and he killed himself...
  16. HolyGrailSeeker

    Daytraders only

    Usually a mild edge isn't going to cut it because of commissions. Lets say commission is 0.1%. Which doesn't sound like much but lets say you buy/sell 10 trades a day. That equates to 1% in commission already. Are you sure that 10 trades have positive net value after a -1% equity? Take into...
  17. HolyGrailSeeker

    Daytraders only

    Daytrading worst enemy are commissions. If you can find a certain setup with enough volatility then good,if not it will really eat into profits.
  18. HolyGrailSeeker

    Bitcoin Price Thread

    Not Bitcoin but Chainlink is a good short My predictive models suggest that it will touch 1.806 by mid June 2020 contrary to the super bullish action it has shown latest by 17th June...
  19. HolyGrailSeeker

    Technical Analysis - is it more than just a Self fulfilling prophecy?

    Technical analysis works as markets while looking almost random do have some biasness.
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