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"I am not forcing you to accept my concepts. I only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore. Thanks for your opinion." - Dr. S. Sivaraman

<--------------------------------------------------------------------> 1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY <--------------------------------------------------------------------> The important part is to enter WITHIN 20 pips of the daily low. The...

How the rat would trade... The rat would win 2 out of 3 trades by trading as follows: If previous bar is red, then look to go short at the previous bar low. If previous bar is green, then look to go long at the previous bar high. Remember, once you hit your daily goal QUIT TRADING or...

95% of traders lose. Do you think most of them were using "conventional wisdom"? What about all of the fund managers who can not beat the index? What about all of the fund managers who have lost billions? THERE IS NO TREND. TREND IS A CONCEPT. TREND EXIST ONLY IN THE MIND OF...

What is the fascination some traders have with SQUIGGLY LINE indicators? I see people spending a lot of time on them. DON'T YOU REALIZE THEY ARE A MYTH? SEE PRICE. SEE PRICE MOVE. SEE PRICE MOVE UP. SEE PRICE MOVE DOWN. THOSE ARE THE ONLY WAYS THAT PRICE MOVES. SEE TIME...

"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the...

I have received permission to start the DRAIN THE BANKS thread from Elite Trader! http://www.elitetrader.com/vb/showthread.php?s=&threadid=229039

DRAIN THE BANKS is based on statistical analysis of price movement. The quote from H. Rearden, coupled with ideas from the "Black Swan" and "How We Decide" were used in this method.

Yes and no. This setup looks to take advantage of the size of the bottom wick. Statistically, the wick is greater than 20 pips over 60% of the time. Therefore, if you enter within 20 pips of the daily low, statistics are in your favor to make money. Remember, you do not know the low of...

You can see the statistics of the top and bottom wicks for the past 10 days. <--------------------------------------------------------------------> 1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY...

"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the...

There is only one true chart. The 1-tick chart. All the other charts are DATA COMPRESSION of the 1-tick chart. Some state that anything less than 60 minutes is "noise". Guess what - the 60 minute chart is made up of all the ticks that happened during those 60 minutes. Does that mean if...

Their user id is NEVER LOSE EVER.

http://www.youtube.com/watch?v=YldowmD89ng What do you think?

You better be twice as good with a gun as you are with your insults.

How does "patience" work in golf? You have to wait to take your turn. I am curious.

I call that the "COOL HAND LUKE" approach because "sometimes nothing is a pretty cool thing to do."

Remember what H. Rearden said: Now, 2 patterns of market behaviour happen on a regular basis: 1) the price breaks to new high's (or low's) 2) the price reverses from new high's (or low's) <--------------------------------------------------------------------> If price is NOT making...

Worth reading again.

They are still at it!!