Yes, they are published, but I've tweaked them. As it stands, 55% success rate, with 1 dollar risk, 3.6 reward.
You might be right. I might be missing something.
Possibly. Either that, or I am incredibly lucky.
I do have shitty attention to details, so I may very well be missing something.
I did want to add, I'm not new to trading though. I've been trading for 8 years now, so it's not like I just woke up one morning and put together some random...
How long did it take for you to find/discover your trading edge to the point where you are consistently profitable?
Since I've started trading (2009), I have been a 100% discretionary trader, however I've been trying to steer away from that as of very recently. About a week and a half to be...
I would agree that it is unwise to follow the financial media but using them as a contrarian indicator can be bad. They've been touting aapl, amzn, etc and have done a good job in pushing those stocks up.
I agree on the whole, but I think the USD had more room to go up, especially with trump, thus gold will be under pressure. I'm gonna buy when it goes below $1000 an oz
"Gut feel is very important. I don't know of any great professional that doesn't have it."
-Michael Marcus
Michael Marcus over a 10 year period multiplied his account by 2500 fold. He turned $30,000 to $80,000,000. Although not a billionaire, he has more money than most people on here.
I am...
Is Trump that stupid to start a trade war with China? Was he talking about it just to get some votes?
If he does, this will not be good for either side. China's biggest customer is the US. It is in their best interest to keep their biggest customer happy, but of course no matter how big your...
The vast majority of the time I ever use this is to get out of a trade. Sometimes I'll enter a trade and literally a minute later, something feels really off about it. I don't know what it is, but this overwhelming sense of unease kicks in, and I'll get out of the trade. I don't really make many...
Alrighty, fair enough. Btw, that particular comment which you replied to wasn't intended specifically to you. It was just a broad statement to the posters of this thread.
Wow quite the brouhaha over the holidays from a simple question of TA vs FA. Lol. Who gives a shit if someone uses TA of FA. Whatever works for them works. It really doesn't matter how bad a system or reliability is, as long as it nets green in the P/L statement. If it doesn't work then they'll...
I wouldn't dismiss it that quickly. I've known a few hedge fund traders and fx traders at big banks who primarily trade off of fundamentals. Jim rogers also only looks at a couple of technicals.
Having said that whatever works for one will not work for another so doing what works for you is the...
That is interesting. I don't think I've ever heard that. I am curious to understand more. Can you give me some examples of a day that was driven by one or the other, and why it was.
I did a brief search and couldn't find much, so I wanted to ask the question.
When you make your trade decisions, how much is the decision technical vs fundamental based?
I wouldn't say the market system doesn't allow it. Currency pegs will be lifted in the future. Some stocks will go down 50% in a day and if you happened to have a few out of the money puts, you might be lucky to double. Yes this thinking does put people in the poor house but that is not the...