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Oh, I think we should consider ourselves lucky they do not spend the military budget on genetic research, the weapons that could come from that are way more terrifying than the nuclear ones. This last year of natural disaster is indication enough of what biological weapons could do... On the...

Yes, the little (microscopic) animal ( named Tardigrade) in the picture below: it can survive in impossible (for any other leaving being) condition, like outer space... maybe not the point M4-1 wanted to make but still a curiosity that may need satisfaction:D

I have been trading Forex CFDs on Oanda for some time now (before I was trading Forex on IB, but since they moved from UK to IE they do not allow leverage on Forex any more, so...) I have not seen any major issue, but I day trade so I don't care that much about a few dollar extra lost in the...

put it under the mattress?:D give the excess to charities? (of course!) Invest it carefully on many different markets? maybe...

in M4-1 post the 2K is the risked capital not the account size, which I expect to be quite more substantial...

I would never expect to speak for someone else but IMHO as long as your account allow you to trade for the expected gains and allow you to lose your at risk capital without putting you out of business, it does not matter how big or small the account is.

Hmmm, I think here a key verse is: "you see it's like..a water dike". That is what is tradable as price "behave" for a time, until it does not anymore, but you'll know right away when that happens and you'll have a plan on what to do. The chime is also important, to exploit as much of that...

M4-1 you show a box, could you draw it before price moved inside and outside it? as drawing it after the fact would provide no particular advantage, right? I am asking as in the former case I might look into it and try to see how you could have drawn the box ahead of time and try to reverse...

Experience is a pre-requisite, obviously, it is necessary but it is not enough. Thing is most traders lose the more money when they start trading as they do not yet have the experience and after a couple of wins think that making money is easy (which it is, indeed) and take risks that they...

All of the above may be useful but it is not necessary to understand all the intricacies of how the markets are structured, I believe that all you need to know is on the chart.

Ed48, it is implicit that "the obvious pre-requisite to trading any market" succesfully as you can trade as much as you want without the pre-requisite, but as we all have Experienced, the successful part require the pre-requisite:D

Interesting extracts, some quite relevant to the thread! I agree with you and Montaigne: if a newb trader were shown all the bit and pieces needed to make money trading he would still not succeed as these need to be internalized and likely discovered through a long, hard journey. Experience...

Here is my interpretation: i look and see..what not it be the dopes on end..go round the bend the buzz word now..is not fat cow but vol per price..it looks so nice :) Not everything is like it seems on a chart and the trader get trapped by the incorrect interpretation of price action and by...

What I see is the shaping of a higher TF bar (15min?) displayed on 1min bars? At this point I would expect price to go down again to shape the other side of the candle... but, who knows? as anything can happen, still some things are more likely than others.

Yeah, the second experiment works pretty well at first, then, as you say, it becomes a mind fuck:D as for the last 25 trades it make sense that the win rate improved as you were more likely following price direction. I am working on this very point, I have clearly seen on charts that trading...

By the way, while the experiment run by Pelt does not need to be run live over 2 months as the entry, stop and target position are defined independently from Price Action. A trader could do this analysis on past data, saving some time, but the emotional and cognitive impact would be lost and we...

Interesting experiment. 2 other suggestions: same as above but with a R/R of 1:2 or above enter trade in the direction opposite to the intended one (e.g. whenever you think you should go long you go short instead and vice versa) the second one was kind of suggested by NYSEStocks or The Expert...

I think it will start with bankruptcy of few big companies due to covid losses, for instance airlines are accumulating massive losses, many other industries are in trouble and some will end up closing shop. That will collapse the stocks and start a chain reaction...

If you can make 10% a month consistently, that's 500% compounded a year, so start with 5K end first year with 25K, second year with 125K third year with 600K. should be good enough, should it not? Trading is a marathon it is no as sprint, those who sprint end up losing all their money. full stop.

stop trading with real money. Trade in demo (but treat it as if you were doing the real thing) for a few months or years, until you figure things out, then and only then, you can go back, carefully, very carefully, to real money trading. You have all the time in the world to make it, if you are...