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Dr. Bogdan, I think you might be on the right track with your Sentiment driven trading system. I believe in your intent to build a scientifically based and tested unconventional system and not some get-rich-quick type of scheme. But before you get into further detail (i.e. if you wish) I would...

Thanks Turok :)

Let me illustrate what I mean with "...I do believe however that trends tend to continue and you can bet on that. It's human psychology in action." You have 3 posts per day in the last three days. That's a trend. Besides I did some "fundamental analysis" on you. I bet that the trend will...

I like the analogy with the rear view mirror :) I do believe however that trends tend to continue and you can bet on that. It's human psychology in action. But I want to hear your conclusions from the statement that "...trends (the way everybody understands them) do not exist!" Thank you.

I've always thought that people can have some success with predicting the future. Why? Because they have brains with which they can discover patterns and anticipate the future course of events based on their knowledge of these patterns. All the scientific knowledge is based on patterns we have...

It seems to me that a person with a superior intellect and emotional control can outperform the market... If there is luck in being a winner, it is that you were born a winner! The good news is that you do not know that until your life passes ;) That's why in trading you don't bet on the...

This is IMO the right kind of attitude that will provide a rising equity curve. As for the gambling mentality, I think everyone has it. I believe the root of this problem is the human shortsightedness. Most people will prefer $1000 now, than $1050 tomorrow. And why not?... Think about it...

How much time did it take you to make 30%? How much time do you want to pass before you grow your equity up 30%? I mean, if you want to make a 70% annual return on your equity, which is extraordinary, you need to make 30% within 6 months! You must first set yourself realistic trading goals...

I believe the question is not correctly put. It seems to me that you are actually asking which trading time frame offers more favorable risk/reward ratios... We must always evaluate the risk in relation to the reward (and visa versa). Now that is the objective side of the problem. We must also...

What do you mean by "market timing" anyway? And what is the idea behind your statement? I would really like to understand your point...

Perfect! As long as you start small, you don't need to know anything else, you will be able to learn in real-time!

Thanks again lindq for the comments. In fact I am a discretionary trader and I am not actually backtesting a trading system but rather my own discretionary trading - I just go back to 1990 and start moving forward bar by bar, just as it happens every day with the real time trading. I can take...

Thanks for the question lindq! As your signature says, I tried to "keep it simple" and not to get into specifics ;) I refer to trading NASDAQ stocks with an average holding period of 3 days. That would be stocks with daily ATR about 5%, prices above $5.00, volume above 0.5 mln but...

If we assume that the public is still away from the markets, then the markets should be less efficient and therefore offer more trading opportunities from exploiting the inefficiencies... but of course I might be wrong!

You can take your profit whenever you wish. YOU CAN NOT MAKE MORE MONEY THAN YOUR ABILITIES AND EXPERIENCE ALLOWS YOU AT ANY GIVEN TIME NO MATTER WHAT YOU DO AND HOW YOU CHANGE YOUR TRADING STYLE. The only thing you could do is to trade in a way that makes you feel comfortable. If you feel you...

Now vs. Then I would like to know how and why is the stock market in 2003 different from 1997 and 1998, in terms of swing trading opportunities? We know that the opportunities will always be there as long as the market is active. However if the rules or the players change - the game will...

Think about making exceptional returns from that angle - everyone, I mean everyone, out there wants the same returns as you and the guys that can make them will take the money out of your pocket. Its like you want to sit on the table and play poker (yes, poker is pretty close to trading) against...

eeleusnosaj, do you have some sort of target that you go for regarding how fast do you want your equity to grow? I mean like some certain percentage per month or week or quarter? If you set yourself some kind of goal, it will be much easier for you to handle the size of your trades and the...

hey, just to make you feel better: I anticipated that LEXR will go down today, shorted at 18.08, in the next 2 minutes the price droped to 17.00, I hesitated about 10 seconds even though my target was +$1.00 and it retraced back to 17.40 before I covered, so I missed a nice 6% move. But I don't...

"Riding" a winning position requires you to probably be more flexible on your trading time frame (holding period). That's what makes it more difficult. You must change your time frame and target accordingly in real time as the trade unfolds. That's really tough because no one can actually tell...