All the strategies (chart, Price action, pattern, indicators or tea leaf or whatever) will work in certain market conditions and not in other conditions.
HA work fine in trending market.
As a trader you need to identify how to recognise when it is a trending market or chop. Honestly it...
Most of traders here are experience and old enough to understand Heikin Ashi, and you should know the open and close price in each bar in HA is not the actual open/close price as you see in normal candle chart. HS always looks good in paper (chart) but not in real world (trading) especially...
Apologies to call you newbie as the way you ask question don't look like you are trading long enough (my bad), for example, I never consider myself super experience even I had been trading/investing for more than 10 years and still survive (profitable and never look back to work for someone...
I assume this is another newbie that been mislead by fake guru/marketing/online seminar into bucket shop that provide the ridiculous leverage.
The only thing the newbie never thought of is the ridiculous slippage (spread) and the overnight holding fees that the bucket shop that charged them...
Ya, you are right .. Look at Google, Microsoft, ebay, facebook all start from small by the founder, but financial world is more tricky that tech world, innovation is not the only key to success, you need others (money, contacts, knowledge and etc).
The OP thinks that he can arbs options in the exchange (if you read one of his previous posts). This is the biggest joke I ever heard, my previous firm (which was one of the biggest options market maker) are not able to do this consistently, not sure how this OP with "professional" skill in...
Most of the major move in the equities world are happened in less than 10 days in a year time (equity will generally not move gradually to one direction, it will shot up due to whatever reason such as news or earnings or etc). If you short the options (call in buy and hold case), you will most...
If you go through the previous posts of OP (#CashDelivery), you will know where he comes from. He is one of those beginner that claimed he had a lot of money (questionable), and he believes he can generate "consistent income" by using those BS Iron condor or any type of credit spreads.
Let him...
As a retail trader, you don't stand a chance. Slippage and Commission will eat you alive.
I am guessing you are reading too much free Internet material, books, seminars or been influenced by those fake mentors ( who never been make money in trading in real life othe than "mentoring ')
LOL, get this idea from some guru that never make real money in their life ??
Most of those guru are the best friend to the bucket shop (spread betting)
Before you waste your time and money, my 2 cents,
Check if your "skew edge " still there after you take into the commission and slippage in the real trading ?
LOL, i know what is the risk/reward ratio vs probability to win/loss in trading system (I been in this business for more than 10 years and still profitable and survive), the sad thing is I know this much better than 99% of ET here and I can spot the flaw in OP system almost instantly.
If you...
If you all are the "successful trader" as you all claimed to be, do ypu really care about the $20 rise in the phobe bill? I know most of wall Street traders can't even remember how much they pay for their cars and houses, albeit the tiny phone bill.