Search results

You may have a point but I don't really agree with cognitive biases in professional traders/portfolio managers unless you are referring to people who are pretending to be professional. There is one exception though - that is when you know you are going against a trend but you want to make some...

A lot of people talk about psychology issues but I don't know how it plays in traders' mind unless they are beginners. Once you know how wall street drives prices, you get no fear. Their trading strategy is quite straightforward. You only come across psychology issues when you are gambling.

I don't think the statement you believe is true is true...if someone doesn't use any risk management, then their account eventually get wiped out.

Monthly returns for day trading...not a good estimation. Try to estimate daily returns first.

You shouldn't really want to discuss a stock only traded on German exchanges. Nobody really knows. As with BLFS, it's alright. As long as you don't actually buy their shares. They may get some going concern in the futures given it's negative income after everything. But for trading, with...

That's so untrue lol what wall street talks about on documentationary about how algo detects order flow and exploit temporary arbitrage opportunity isn't true. They just want to confuse publics and regulators

Forex is difficult because you simply don't know how wall street drives prices. That's as simple as that

You sounded like you know how to trade so I asked but buy low and sell high is not as simple as it says... In fact, you need to buy when prices rise and sell when prices fall . Only this way, almost risk free return is achievable. Buy low and sell high is just a simple arbitrage activity...

True...but I don't know how you can define momentum though

Are you going to follow the trend today? I will do so since January is the month that currency pairs usually set new high or new low for the year

I am out of Us pair trading already with some loss. Agree that US dollar is too weak.

sold GU at 1.353 level sl 1.3545, sold EU at 1.203 sl 1.3036 ; bought Uchf at 0.9733 sl 0.9724 and bought Ujpy at 112.65 sl 112.54...so all roughly 10 pips sl...lets see

It's called spoofing FYI - https://en.wikipedia.org/wiki/Spoofing_(finance) Spoofing is a disruptive algorithmic trading entity employed by traders to outpace other market participants and to manipulate commodity markets. ... Under the 2010 Dodd-Frank Act spoofing is defined as "the illegal...

If you place an order with the intention of cancelling it to make a profit it's against the law because that's manipulating the market price.

Since the hike in the last month, US dollar has been depreciating and that's contradicting the theory and expected move. I guess that's because all global economy has been growing at the same time and Trump doesn't want US dollar to strengthen either. I am observing sth unusual now and I guess...

Dam, the US dollar is still weak. Usdchf (which I use to proxy for US dollar index) - stopped out. I have closed all my positions in a little profit. I will not trade today anymore. Happy new year guys :)

If all my positon survives next 1 hour, I hold my positions until the market closes this year :) a strong reveral is expected.

Agreed. My position in GU stopped out but it has just touched the daily key resist area so I have opened a short at higher level with sl 10 pips. Having said, Dollar still is looking weak atm...I hope not though. Have opened a short in NZUS at the top too

Have just opened a short in EU at the top sl 50 points. I will give a go

Have just opened a long in UJ (just touched daily support area) and a short in GU (near 10 pips away so tight sl 50 points in case it tries to cross the daily key resist area). Waiting for NZ, 20 pips away...