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Learn to script your trades. Even if you do not intent to fully automate. There are many parts one can-should automate. Don't do all the heavy lifting day in and day out. When you learn to script your trades, you will learn how crappy your so called "rules" are and how huge and plentiful the...

Update: Haha Yes Unity is a dog! It happens. That is why I did not buy a full allocation. Did only 11/25th and did not buy more. But Wait. There are more dogs. RPTX is sucking too. IRDM another hound. So yes it happens. The rotation is happening now, so I will wait and sell at...

Static management is OK, Active management is better, IMO, as long as you actually know what you are doing. Not knowing what you are doing has the danger of putting "the cart before the horse". Some do "management" using the result of the management as the trigger for doing something...

This. So one solution is to create multiple Highs-lower, Highs possible "candidates" for the head and the shoulders across time periods*. Then choose the one that makes the sense. Choosing involves selecting relative "high" and relative "lower highs". Once you start coding up the parts...

Calendar for FOMC, FOMC minutes direct from the FOMC site. Calendar for the Economic events. There are many, Briefing.com free version is good. Both these things are good to not take a position right before, unless that is the play, but even then not a good idea for a beginner. Also good to...

There is a 4th of July Sale going on now direct from MC. One can get a new license at a good discount.

This. It is the real Cryto gold rush. Not the actual crypto for retail, but bringing all the tools well used in other markets, to this new one, where the majority of players think they know how the game is played, and trouncing them over and over and over. Like taking candy from a baby...

You are either an (intellectual) Giant or need to stand on the shoulders of Giants. Go to a UNIVERSITY, not just a college. Learn theory, not application. Lean how to learn. Learn how to code like an architect, not like a digital janitor. Then take what you have learned after 5 years, not...

Welcome to trading. You seem to want 100% certainty. When it does not happen, you want to blame someone-something. This is like blaming the weather for a bad day. About every month or so, someone comes into ET with this type of complaint. This time that person is you. Until you can add...

Don't worry about it, use it! You want to: Embrace the market, and use it to your advantage: some use a strategy that seeks out the "manipulation" and just tries to grab a piece of it. Figure out how to ignore the noise: Price movement can appear significant but is often just noise. Remember...

Better to focus on averaging into winners first. Once you get the hang of that, then you can consider losers. Two comments: 1)One should ALWAYS have the averaging into the position as part of the plan. I.e. your first entry should be less, or at least account for the next entry. 2)...

Different players and different reasons. Think of it this way, any shop has a quiver of ways to make money. Question is, is it enough money to bother with, are there better places, who is doing it, the veterans or the interns, how ripe are the opportunities now versus later. So in the details...

There are several problems with this: "Equal" won't cut it because it could be off by 1,2 ticks, but really is equal. Hence the SMA solution. The bars start and end are arbitrary. Who is to say that this starting point is the "correct one" for showing the range. If you just play with the...

What Maxinger describes, in general, is a disorderly market. Retail orders are delayed, market circuit brakers go off, MULTIPLE TIMES. So there is a VERY real chance you could get caught in this. It happens so often, it should be considered in your plan. Example: LEH bros collapse. I...

No one is buying your BS. Go and target some other forum with this beyond useless stuff. Perhaps the Chinese population has more newbie traders you scam. About once a month someone from Asia post this type of junk. At least get relevant and scam something recent like a meme stock.

"maximum pain is dictated by the actual trend regardless of where they entered and how much they lost?" probably, but also the larger time frame. "is it certain amount of time passing or lack of green bars or the speed of downtrend ?" all of the above. I think velocity is what freaks a lot...

You might be referring to the "round number" effect. Back in the day, stocks were done in fractions, 1/8th. Then they moved to .01 (pennies). But people still put in orders around round numbers. xx.10, 10.15 etc. So 0.25 is not a surprise. To avoid them you have to add a buffer. I use...

Hey Mute, This is clearly the wrong place to buy: 1) It made its run, so the question is will there be a continuation, AND will it be about the same amount as the first run. 2) The second attempt failed. 3) See that red doji? That was the 3rd attempt that failed. 4) See the shooting star right...

Just go live with 1NQ for a week. Skip the Micro. You will answer: 1) how many fills you miss 2) how making up for the fill, after the miss, impacts the PL (Critical info) 3) how much efforts it takes and a hint on sustainability week after week. 4) probably a few other issues to be...

Good question. Check out the Order types on IBs web site. These show how to actually do these in a pre packaged, preset way. These were so common to do in algos, that they made them available as order types. What you described above are all in there. Iceberg orders, e.g. Also you...