Search results

I agree that most people don't know how to backtest, but I find this difficult to understand. I've posted detailed instructions on backtesting several times. ND has posted instructions that are even more detailed than mine. Much more detailed. And of course there is Google. Yet people still say...

And more gold. I'd suggest, however, that those who consider Douglas to be boring start with chapters 15 & 16. Thirty pages. And if those don't resonate, there's no point in forcing oneself to read the rest of the book, much less Zone.

Gold. It is simply not possible to guess one's way into sustained profitability, and yet this is what I see day after day. The backtesting process costs nothing but time. But the returns are far greater than any expenditure of time.

Just wondering why people keep fighting her. How many hundreds of posts before you do the necessary backtests and begin trading in an ordered and calculated way? If you don't know how to do a backtest nor to keep the necessary records, there are a number of resources available. But it's up to...

They all seem nice. That's not the problem. The problem is their fighting those who would provide them with the guidance they need. You say that knowing which suggestions are good is problematic. True. You also say that one can't follow everyone. Also true. BUT. One needn't follow anybody. One...

I know I said I wouldn't be back, but this thread is so much like an accident on the side of the road: you just have to slow down and watch. What is most fascinating to me is that ND keeps pushing outstanding advice and guidance and yet all of you keep resisting her even though you're all...

Here's a draft of the AMT stuff, at least as it applies to boxes. It's as simple as I can make it, but if there are questions, I can make modifications. Applying AMT to trend channels is a bit more complicated, but we'll see how this goes first. Clearly AMT applies to channels as well, given...

I'll try to put something together that's simpler than what I wrote before.

Yes, I'm aware of the fact that we reached 3527. The trade I posted was worth 84pts. Please don't post unless and until you've read the thread. If you then want to contribute, you're welcome to do so.

To begin with, you are to be commended for the extent and depth of this detail. Few traders bother, which is why they go on for years without ever gaining any traction. This is an excellent beginning. However (you knew there was going to be a "however"), when I asked about Wyckoff in my...

Actually, price is more likely to head right back to 3650. But we'll see. "Judge the market by its own action."

Do you want to pursue this from a Wyckoff viewpoint or would you prefer to walk your own path based on your research and testing?

The following are updates to the continuing series of hourly charts I've been posting from the beginning. These will likely be the last since those who don't get it by now probably won't and ought to explore other paths. The eventual winrate turned out to be 80%, which is typical. The...

The charts below are a follow-on to a premarket "call" I made in the Bride thread. I said in chat that I would show how I came up with it. However, it is an extension of what I've been doing here with regard to daily and hourly charts, so I'm posting the charts here. The first is a chart I...

Ended at 28, BTW.

Don't wake the neighbors :) I'll post the charts in the Ghost thread.

A couple of ticks from 30 . . .

Actually AMT. But if the trolls snicker at supply and demand, they'd absolutely bust a gut at auction market theory.

It's magic.

And we hit 40. The trolls are strangely silent. Perhaps they were long.