Search results

one way is have inside information. You think GS does not trade on info they are given?

Disagree. The smaller the account the more aggressive a trader should be. I trade anything that moves and if bitcoin is moving, I'll trade it. The market for bitcoin is over 100 billion. Unless you have billions, why wouldn't you trade it? The reasons you have given are not good enough for...

trading is about predicting the future....I disagree. trading is about being profitable. You can predict as much as you want and be unprofitable :-)

hmmmm Qualities and skills you don't need to be a good trader: -age limit -a quick learner -english -a degree in business

what is the mathematical equation for traders' emotions like confusion, fear, irrationality? Emotions move the market not a maths equation.

Trading single candlesticks has never worked once spreads, commissions are taken into account over the long run. Brokers love candlestick traders.

"Trading is all about your ability to predict the future"..good luck with that. where will the euro be in 6 months time? what about gold in 3 months time?

Some issues: 1. You have read the wrong things. You have learned from the wrong people, wrong author etc. No one will hand you anything on a plater or in a book. 2. You may not be fit to trade. You could be given a profitable strategy and still be unprofitable. 3. Trading may not be your...

There are many who turn $10-$100 into 7 & 8 figures by winning the lottery. Luck is often mistaken for brains. Dan Zanger turned 5 figures into 7 figures in a short time during the tech boom and rode Google for millions. He has not replicated that success since then otherwise he would be a...

Some sound trading points. Over how many trades did you achieve those stats?

you gambled and you lost. Anyone can gamble.

Soros had conviction that if Trump was to be elected there would be a stockmarket crash. The stockmarket went to record highs since Trump got elected.

reality is stranger than fiction...believe it or not

I have seen traders with win rates of 70% and still lose money. I can make money with only 15% win rate. Yes I can have 50 consecutive losses. And I don't use any martingales because it would be so huge.

15% win rate and profitable. believe it or not

I like controlled losses where I know what my losses will be. If you have no idea what your losses will be then it is out of control losses. Uncontrolled losses can blow up your account.

Straight lines can throw curves.-John Neff

Does history repeat itself? What is the likelihood that the historical data that you back tested will repeat in the future? If it does then go live.

My setup is just my iphone, a basic pc and free alerts from my broker. My skill assessment: Machine Learning: None Algorithm: basic Programming: None. Use builders Data processing: basic I pay nothing for data feeds. Just use broker. Yet I am profitable 11/12 months in the year.