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  1. L

    Can anyone teach me trading?

    Based on your description:rolleyes: Note: there are barely any trades because stocks don't meet your criteria very often especially in a tiny market like Canada here is what a real source of alpha looks like: Note: lots of trades, consistent outperformance, this is a useful signal and people...
  2. L

    Can anyone teach me trading?

    I agree and I don’t think dead or others who use charts aren’t making money. What I am saying is that they are lucky and do not have a transferable skills, so saying things like “all you need is a chart to be a successful trader like me” is bullshit.
  3. L

    Can anyone teach me trading?

    If I ran a backtest of the strategy you are describing, I’m willing to bet the names and trades are uncorrelated to your ex post data.
  4. L

    Can anyone teach me trading?

    That’s not true lol or your portfolio would mimic the exact returns of a momentum strategy or price pattern strategy. That it doesn’t implies you’re selecting stocks on some other basis that you just haven’t formalized. The most annoying thing about your posts is your inability to recognize that...
  5. L

    Can anyone teach me trading?

    god forbid having to do some work! Well you just described a liquidity-rich regime, with a rising credit impulse, and low interest rates and actually list some of the risks (level of unemployment, deflation, inflation). If you spent a few minutes to look up what subsequent returns look like...
  6. L

    Can anyone teach me trading?

    good point (and added momentum), though i'm hesitant to call them "momo" guys because they are trading momentum on a defined list of securities vs. systematically. IMO that makes them more exposed to the equity factors (which can experience persistence time series momentum) in their coverage...
  7. L

    Can anyone teach me trading?

    I'm personally skeptical of Minervini as a person, though less so of his strategy. The basic underpinning of his strategy is security selection and momentum that is very popular among long/short hedge funds. Most of the other stuff he talks about adds little to no value and takes away from the...
  8. L

    Are you just wasting your life arguing politics?

    The irony of you quoting Orwell is delicious.
  9. L

    What is price action trading?

    Price action is literally just that -- it's what's going on with the price, e.g. stock is up/down 5%. On the institutional side, price action can be across any time frame, but normally it is nearer (shorter time intervals). You don't trade on the price action, because price action is just an...
  10. L

    Best Resources for Reducing Slippage

    When you say 100 lot do you mean 10k shares or 100 shares? When you trade in larger size, you should learn more about market structure and market impact. I'd recommend starting with some basic series 55 material to learn about how orders interact with exchanges and ECN/ATS. If you already know...
  11. L

    USD as world reserve currency coming to an end?

    The thread is primarily people who don’t know much about currencies talking about currencies lol. :banghead:
  12. L

    What would force an end to Fed and ECB QE?

    The trends in demographics, technology, and debt are deflationary. Here are some good articles: Start here --> HIM2021Q2NP.pdf (hoisington.com) Then --> The Coronavirus Is Sending the Global Economy Toward Deflation, Not Inflation (foreignpolicy.com) All roads lead to Japan --> Lessons from...
  13. L

    What would force an end to Fed and ECB QE?

    Don't waste time arguing with people who don't know how QE works. The Fed and ECB have mandates around inflation and unemployment. When those targets are hit, they will reduce liquidity. That is what they have said. The problem that they are facing is that we are in the middle of a deflationary...
  14. L

    Cathie Woods says stocks not in a bubble, hilarious. I wonder why she thinks that......

    She's putting her money where her mouth is...she doesn't need to prove anything. OP is calling her out -- but he's not saying why he thinks stocks are in a bubble. Is he short? No clue.
  15. L

    Cathie Woods says stocks not in a bubble, hilarious. I wonder why she thinks that......

    Why don’t you explain your view instead of making up silly arguments (strawmen).
  16. L

    What game is Blackrock playing?

    Blackrock is talking about long term investment decisions. Cathy Wood is tactically adjusting her portfolio through a volatile period. Both can be right.
  17. L

    Can one strategy work "most of the time" in any market condition?

    Even if you have 5k to trade you can split that among 2-5 different trade ideas that are not correlated.
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