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Look at my real time call on spx on page 23. If you want proof, I can make such calls as long you like. I can make a thousand real time calls of such quality. Real time calls that right pick when and where is a market trend. But you need to pay a little money.

Now read my real time call (on page 23)and look at eur/usd daily chart. Does my call prove TA works?

I do agree that trading daily ES can make like 100-1000 times annual profit. I have this strategy. Trading intraday ES can make 100 times profit monthly. I mean this is within human capacity and I am experimenting it. The key point is to know where a trend starts and where it ends. As for OP'...

At collective 2， there are hundred of thousands strategies.There are strategies that have +90% win rate which people avoid. Because all of these +90% win rate strategies are martingale gambling strategies. And all martingale gambling strategies blow up at the end.

Today morning it was not. It was a seesaw with in two hours from 9:30 AM. It was after 12:00 it showed the real direction.

Check 10 year note , Japan yen and euro/usd , they are the reason equity has been dragged down.

If you trade on an inverse h and s pattern, you are a big loser. Look at daily chart, on 4/6, 4/22, 5/9, 5/19, they were all inverse h and s patterns before they got punched through.So you lose 4 and win 1.

As easy as winning a hand of blackjack in a casino.

I don't think investing should be our topic. To prove FA work, you will need to beat market, to earn at least above long term 10% annual profit.Don't think buying stocks and hold them for 30 years is any kind of FA. If I say my TA is to buy SPX and hold it for 30 years( because 120 year chart...

First, your assumption is wrong. You assume a constant amount of capital. But the correct formula is a constant ratio to your capital. For example, if your capital is 10000, 5% is 500. But when your capital reduce to 5000, your 5% is 250. But you assume it is always 500. Second, per kelly...

Everything you said is also true for FA. But there is still some guys making money on either FA and TA..

What % risk control depends on your edge. The higher your edge, the higher risk you can tolerate.

This is huge improvement over only using stop as a risk management measure. But there is still room for further improvement. My system uses stops both for entry and exit, at the points where a trend is expected to start and end. For example, my swing trading system says spx 4094 will be the stop...

SPX 4094 is the next important level. Breaking below this point makes a short entry signal.

SPX 4100 makes an exit signal if touched. SPX day low is 4110 right now.

Now my system gives a sell signal on ERU/USD. The break below 1.06700 makes ERU/USD into short term down trend.

You made good entry and bad exit you made smaller profit. You make bad entry and good exit you incur smaller loss . So is smaller profit better than smaller loss ? If you can calculate you will get the conclusion that entry is more important than exit.

This is beyong layman. This is illogic and lacking common sense. "What makes the trade successful is not the entry, it is exit" You get on a bus from near your home and get off the bus at near your friend's home. Then you tell your friend," I can come to you not because I get on the right bus...

I have read his Journal which offered nothing valuable to me. Also even he claims his technical make money, none of those who learn those technical could use them to make money. I was reading that in order for his technical to work, one needs to judge things the way he did. But none of those...

I agree with your comments. Going opposite is a bad trade. Doubling position size is another bad action. Even you make more money on the current double size trade, in the future this kind of action will easily blow up your account.