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What’s the expected probability? Projected R/R ratio?

I had so many aha moments but they all failed sooner or later. Now my thought is there’s no such moment. Or my ultimate aha moment is to realize there’s none. Lol

If the chart is an intraday one I would give it more credit. Anything more than a few minutes/hrs is a crap shoot, let alone overnight. The future hasn’t happened yet. How does one know and predict in any precise way?

I think 90% charts are better looked at afterwards. Only 10% time they have any reliable predictive power. The key is to identify them for the 10% time, like yesterday afternoon.

But I outperformed them all today at a return of 0%. :confused:

Is she a one trick pony? Warren Buffett is famous for saying “Only when the tide goes out do you discover who's been swimming naked.” :D

Congratulations! But you’re riding a roller coaster. Lol

I think pattern changes all the time. No one pattern repeats exactly the same. I agree 90% time you just wait and trade only 10% of the time.

Similarly, trading is also about pattern recognition. Unfortunately, stock market pattern changes all the time and that’s why trading is even tougher than being a doctor.

I watched a few of Al’s YouTube clips. If it ever worked at that time it probably won’t work anymore. PA changes all the time as market gets more and more efficient though it’s still useful to watch his teaching.

No one knows for sure. It all depends on many factors, such as the brokerage, software, servers and internet connection, etc.

Human reaction time is much longer than any data lag. HFT is the game to play it. Even you know the actual data lag there’s nothing you can do as a human.

You never know a trend change until after it happens. Anything before that is a pure guess. It’s much easier/better to assume a trend continuation.

Still in the market for future use. ;)

Those jargons are too deep for me. I am a simple man and I trade what I see only.

TA and charts work the best afterwards. Lol

You need to understand selling a house and selling a company are different. We just use it as an example. There are similarities but also major differences. Even a deal is agreed on selling a company other bidders can still make hostile bids, for example. This of course won’t happen to selling...

https://stocks.apple.com/A6A7Aa0lpTw2pAUOVGFmocA

https://stocks.apple.com/A6A7Aa0lpTw2pAUOVGFmocA

My point is before a deal closes for good anything can happen.