Search results

or you can go for the classic 5 x timeframe of choice = long term time frame to determine trend as per Elder.

well, there is always the problem that we don't want to know about the failure stories, only the success stories... While Risk of Ruin is perfectly real, 300% is doable (more or less) but the risk is huge, and since we deal with probabilities, it may be that 80% of those who take such risks end...

you could do both if you were a pro. you can swing trade something and daytrade some other thing... when you are in the game you gotta keep active

I think Brandon's post clears it. The account growing 100% is possible but if you were a professional, even if you can stomach such a drawdown, your clients would not love it at all. They would flee. A private trader with experience, guts and a money reserve, can stomach that drawdown and...

I simply don't think that mixing up stock trading, futures trading and currecy trading (spot) in a discussion about yeary percentage is right. One thing is institutional trading and talking about money managers and one thing is talking about private traders with smaller accounts. One...

joemiami can actually be right. Just because not everyone can make that amount it doesn't mean it can't be done. I actually make 20% on a good month, with about 14% on an average month. I could probably make more by raising the risk on each trade, but that is something i don't want to do...

this thread is truly enlightening :D LOL

"Method? I plan to trade open-to-close of index futures instruments (ES, for example) at approx 7:1 leverage, although that can vary depending on opportunity. Some days are less opportune than others" Hahahhahah.... Swell

:D

forget it... no point in having any conversation with someone so narrow minded... You know... belief is dangerous ... but disbelief.... oh man ... that's even worse.

understanding of what?

you can't define them. they are defined by studies..... TA consist of those studies.... moron

Jack: I admire the way you took your time to explain what i was yelling about to these 2 complete idiots. It goes to show that people like you are mentally tough. Thank you!

I do not remeber saying TA increases one's probabilities! One's probabilities to do what !? Go to the toilet or what !??!?! I don't think you are able to read well. Shall i hire you a translator?

I don't think you even graduated from high-school! You are very well versed on WHAT? That is an assertion. You need to prove it! (rcanfiel - where are you?) How am i changing my premise?

OK. I WOULD LIKE TO PROPOSE TO ALL THE PEOPLE WHO FELT OFFENDED AND USE TECHNICAL ANALYSIS TO POST ONE SINGLE LINE: "TECHNICAL ANALYSIS DOES NOT WORK!" Just so that we protect TA and stop this idiot thread!

HOW IN THE WORLD CAN CROWD BEHAVIOUR BE EASILY MODELED !?!?!??! HOW !?!?!? TELLL MEEEE !!!!! JUST BECAUSE YOU DON'T KNOW TA, IT DOES NOT MAKE IT USELESS..... DID YOU EVER THINK ABOUT THAT !?!??! HOW DO YOU KNOW THERE ARE NO STUDIES OUT THERE THAT SHOW THE RELEVANCE OF TA????? WHO...

Is anyone taling about the advantages of the retail trader over the institutions? You should. I'll start with one: trade size. Whenever you retail traders need to divide your size into clips and devise strategies of scaling in and out based on your size that doesn't fit the market .. then let...

Maaan.... No wonder TA does not work for you Rcanfiel... and also marketsurfer... Rcanfiel: Drop the academical talk. I am making "assertions" but i don't need to prove them. Actually the assertion thing is rather "dorky". How am i supposed to prove to you something that i have...

MY DEAR RCANFIEL.... Your original OP is based on a flawed concept. TA is NOT MEANT to have predictive value. It is merely a study of price.... This goes to show how 95% of the people out there lose because they do not have common sense. Nothing in this world has predictive...