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  1. W

    Prove to me that Technical Analysis Works.

    Ok, I see. My bad.
  2. W

    Prove to me that Technical Analysis Works.

    Your understanding my post was wrong. I never said he was adding the losing position. Read my post again.
  3. W

    Prove to me that Technical Analysis Works.

    Those were terrible and suicide trades. It was blindly gambling, not trading. If you trade forex, you can often go opposite when you exit . But if you trade ES, you absolutely need to avoid to trade the opposite after you stop out. Because ES trend does not reverse immediately, it can go...
  4. W

    Prove to me that Technical Analysis Works.

    My entry was to short at SPX 4229 on 5/18/2022, cover at 3947 on 5/23; Short again at 3905 on 5/24, cover and go long at 3960 on 5/25,Hold long till now. It doesn't need to guess what phase it is. It just goes with the trend.
  5. W

    Prove to me that Technical Analysis Works.

    Wrong again. My post about payout is a valuable knowledge, but I didn't ask for a pay. It is only for something worth much more than public knowledge that I ask for a pay, especially from someone like you, who are looking for a free holy grail.
  6. W

    Prove to me that Technical Analysis Works.

    The only thing I can tell you is your understanding of my post is totally wrong.
  7. W

    Prove to me that Technical Analysis Works.

    Of course most popular TA tools can identify higher probability patterns. But that doesn't make you a consistently profitable trader. The assumption that higher probability leads to profitability is wrong. It is payout that leads to profitability. If your win rate is 80%,and your win : loss...
  8. W

    Prove to me that Technical Analysis Works.

    Why anyone should prove to you that something is working? There is no value in doing this. There is no way to prove it without exposing a holy grail. And a holy grail worth big money. If someone offers like $10000, I would open a thread right here to prove it. There is no free lunch. Or anyone...
  9. W

    Prove to me that Technical Analysis Works.

    It is not TA works. It is holy grail works. Although holy grail is a type of TA. 9999/10000 of TA do not works. A holy grail worth a billion. If you pay a billion I believe many would glad to expose their holy grails to you. Otherwise remain an uneducated layman.
  10. W

    What is this guy talking about? AMP

    So it is not hundreds but + 83 orders.That is not something exchange can tolerate. Note that it is exchange who will kick you out, not AMP.
  11. W

    Prop trading Firms focus on Macro' Long/Short Strategy?

    Getting 1000000 account from a prop firm is 1000 times tougher than making 67% return per year.
  12. W

    Futures account size for trading

    It is not a problem.If your previous stop is 25 points,and now it is 50 points, reduce your trade size to half,everything will be the same.
  13. W

    Would you be interested in having a 1v1 trading battle with a trader ?

    In a sit&go poker tournament, players could avoid action to gain advantage, why trading should be different? In real trading can you sit on cash? So why a trading game should be different? Even you make rules that traders need to make a number of trades, they can buy and sell a second later...
  14. W

    Futures account size for trading

    I was going to say his calculation is wrong. His calculation says if you prepare for 10 losses in a roll, and each loss is $500, you will need a $5000 account. So he assumes a constant trading size. It does not make sense. Imagine you trade X contracts micros on a 5000 account, and when your...
  15. W

    Would you be interested in having a 1v1 trading battle with a trader ?

    I see many have midunstanding on this. It is like 1 vs 1 tournament on poker. Both traders buy a ticket and the one who wins the game get the total money. It is not necessary the one who makes high return wins the prize. It could be the one who lose less wins the prize. Also it is as easy to...
  16. W

    Futures and Indices realtime data feed

    Open an account at ameritrade,you can get free data for futures and indices.
  17. W

    Why is gold doing so shitty?

    1.Gold price is not only related to inflation, but related to inflation and stocks price. For example, in 1941 and 1942,US inflation was 9.9% and 9%,(in 1940 0.7%);in 1946 and 1947 inflation was 18.1% and 8.8% (in 1945 2.2%).Gold price stayed at 33-34 from 1940-1947.While Dow rose big during...
  18. W

    Tentatively called the bottom at SP500 1700

    Predicting either up or down has 50% probability. Predicting top or bottom has 1/50000 probability. Now those who are clueless about 50% probability want to predict 1/50000 probability. Those who know 50% probability never care 1/50000 probability.
  19. W

    Prop Trading Firm TickTickTrader

    Here I compare fundednext and FTMO: FundedNext 25K account: drawdown: 2500 profit target:2500 profit % to pass challenge: 100% fixed drawdown; price: $199 one time fee 15% profit if any demo phase end up in profit fee refunded after passing challenge free unlimited retries if any demo phase...
  20. W

    Prop Trading Firm TickTickTrader

    By the way, statistics from Myforexfunds show only 7/10000 traders who took challenge reached first profit split. Only 3% of newly funded traders reached first profit split. https://myforexfunds.com/myforexfunds-stats-are-back/
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