Search results

  1. L

    Proflogic method - successful?

    Unfortunately, he has more than one method. So whatever one does amounts to The Jack Hershey Method As Interpreted By . . .. And if only one or two people have been successful using one of them . . .
  2. L

    Why are there so many losers?

    http://faculty.haas.berkeley.edu/odean/papers/returns/returns.html
  3. L

    Why are there so many losers?

    "Sharing stuff" is common, esp the advice that Steve received. Been shared for years. But losers don't listen . . . :(
  4. L

    Huge Losses

    Anyone who's ever known an addict of one sort or another won't have any trouble understanding this thread . . .
  5. L

    Huge Losses

    That's what you said yesterday. I'm reminded of all those wannabees who go to LA to make it big. Or NY. No interest in learning their craft. They just want to make it big. And how many do? There's really no point in replying to posts like this. Mine is more of a shrug cast heavenward...
  6. L

    Huge Losses

    You say you're "supposed" to limit your losses to $50/ctr, so you should not have lost more than $150 on 3. So where did the $960 come from?
  7. L

    Intraday Volatility

    Wasn't referring to the public. "Pubes" are slang for . . . well, never mind :)
  8. L

    Intraday Volatility

    But the pubes are so short . . .
  9. L

    Intraday Volatility

    This isn't Christmas Eve, is it?
  10. L

    Isn't adding to a winning trade a bad idea?

    Pyramiding and scaling in to a trade are excellent ways of controlling risk and of making the most out of winning trades. However, if they are done incorrectly and don't work out, one shouldn't assume that they are poor tactics. Based on what you've posted, you added to the position at the...
  11. L

    Learning T/A

    http://www.deltat1.com/Education/books/basics.htm The books on tape reading in particular.
  12. L

    Why so hard on indicators?

    I agree with you except for your last paragraph. Whether price is higher or lower at point B than it was at point A has nothing to do with one's mental state. Whether or not one allows his decisions to be influenced by the kind of day he's having/has had has nothing to do with the integrity of...
  13. L

    Why so hard on indicators?

    For the individual trader, perhaps. But whereas a hundred traders will all agree that the high for ACME was X for a given day (or within a certain intraday timeframe), they will not all agree that MA A crossed MA B or that the stochastic reached a certain level at a certain point or that the...
  14. L

    Why so hard on indicators?

    Under these conditions, particularly if Trader B is attempting to predict, then one of these scenarios does seem to be more objective than the other. However, there is the "so what?" factor to consider. For example, the 10MA (simple, exponential, weighted) crossed the 50. So what? What do...
  15. L

    Why so hard on indicators?

    The argument could be made that the exact opposite is true, that the indicator is always subjective, given the nearly infinite choice of settings, all selected by the trader (even if he selects "default"). Price, on the other hand, is price.
  16. L

    MACD and PRICE divergence

    How are you defining "divergence"?
Back
Top