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  1. CharlesS

    Market Manipulation by Central Banks

    From a short-term trading pov, what does it matter if the market is manipulated ? Like all the other players, the manipulators can't get around the mechanics of price action. NB a trading pov only, from fundamental pov it all ends badly
  2. CharlesS

    What is the edge in your trade?

    Seaweed, I was not offering an opinion on whether the stop-n-reverse to short was a good or bad trading idea. My subject was the overall risk-reward of volpri's trading plan, when that short is seen as coupled w/ the scale. He's the trader, it's his experience that deems the short to have a...
  3. CharlesS

    What is the edge in your trade?

    "a kind of" hedge, but not a "riskless" hedge -- not all hedges, perhaps none, are "riskless" (on a long enough timeline ...) N.B. a "riskless" hedge has its own cost, e.g a long put isn't free.
  4. CharlesS

    What is the edge in your trade?

    volpri, my sense is that the above portion of your analysis is absolutely key in defining the risk-reward of your plan. You acknowledge that you're buying at the top of what you call an exhaustion bar, and continue to buy at all levels down to the base of the new trading range, rather than...
  5. CharlesS

    Off the shelf software vs a mix of open source?

    Would you be able to trade your algos manually, if you had the time available during market hours ? If not, is it due to algos with mathematical calculations that just can't be done mentally, or due to difficulty of executing multi-condition algos in short time frames, or both ? I'm having...
  6. CharlesS

    MacOS Time Announcement ?

    TO REDUCE THE TIME THAT EYES ARE WIDE-OPEN GLUED TO REAL-TIME CHARTS -- You may also sense that you'd be better off looking at real-time bars at selected times, rather than continuously. So I'm looking for MacOS software that will announce time periodically and at specific times. Seems...
  7. CharlesS

    Does trendline work?

    A trendline that "works," unbroken from pre-2016 to the present --
  8. CharlesS

    Does trendline work?

    more concisely -- "WORKS" doesn't
  9. CharlesS

    Yearly charts

    Related -- are there services other than barcharts.com that have quarterly charts ?
  10. CharlesS

    Is there a Stock market replay software? (backtesting)

    You could use a free general-purpose real-time screen video capture program like Open Broadcaster Software "OBS" https://obsproject.com/ Takes a little bit of time to get the hang of it, there are several video tutorials on the web, mostly at utube On a mac at least, you can move the captured...
  11. CharlesS

    Does trendline work?

    "WORKS" doesn't work
  12. CharlesS

    Does trendline work?

    When I play at the piano, it's the sonic equivalent of a root canal. Does that mean pianos dont "work" ? Does the fact that most people can't play the piano mean that pianos dont "work" ?
  13. CharlesS

    Does trendline work?

    The key word is "conditions," for trading sometimes referred to as context. My impression (correct me if I'm wrong) is that nooby_mcnoob's comment "Never seen a trend line work after more than 2 revisits except for perma-bull SPY" is intended to dismiss trendlines as not very useful. It's...
  14. CharlesS

    Does trendline work?

    Does structural engineering "WORK" ? Are there conditions that will lead to the collapse of a bridge, and conditions that will not ? If a bridge collapses, does that mean that structural engineering DOES NOT WORK ?
  15. CharlesS

    Tell me why averaging down is a bad idea .

    ok volpri, I'll take a stab at it: => Short the last bar and the next bar up to about the height of the bars from which the last bar emerged Why? the last bar is a huge bar emerging from a trading range, and most of it is in the trading range -- it's not a breakout, it's a very big jerk. It...
  16. CharlesS

    Tell me why averaging down is a bad idea .

    volpri, occasionally someone will say that scalping used to be a lot easier. At least half the time this comment comes from a former floor trader, possibly not letting on to how easy it may have been for any floor trader to scalp, thanks to the information advantage on the floor. Since you've...
  17. CharlesS

    Tell me why averaging down is a bad idea .

    Don't for a minute think the market will help you lose just because you want to lose ! You can only lose if you put in all the hard work and experience, and only then you might achieve it ;)
  18. CharlesS

    Tell me why averaging down is a bad idea .

    volpri, next time you have a stop-n-reverse, would be very instructive if you post it, please do so if you can.
  19. CharlesS

    Anyone following the current situation in Argentina?

    Bloomberg -- "The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms."
  20. CharlesS

    The machines are coming for your pricing models

    How does AI relate to the market market narrative per Wyckoff, Livermore, et al?, that: o The overwhelming portion of market-investable funds concentrate in the hands of relatively few "pools" (large investors/funds, today perhaps not so conspiratorial as implied by "pool"), which want/need to...
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