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  1. Scataphagos

    How feasible is algorithmic trading?

    As a "calculation", I don't think you can. But you can see the trades set up on the chart.
  2. Scataphagos

    How feasible is algorithmic trading?

    NO! Not trading on intuition... but rather trading on logic and probability. Intuition is like "gut feeling", isn't it? I recall a long time successful trader's view on "gut feeling". He said, "when you get a gut feeling about a trade... get up out of your trading chair and proceed to a...
  3. Scataphagos

    How feasible is algorithmic trading?

    Not exactly. "Using math to predict the market"... no so much. Price TA is a matter of "price pattern recognition".... converting that into math for the computer is waaaaay complex. The problem for "pattern recognition" is that the "start" of the pattern can occur anywhere in the chart. What...
  4. Scataphagos

    How feasible is algorithmic trading?

    "Just any profit"? You think the market is so cryptic and difficult that "just any profit" is satisfactory for the effort so long as it's "automated"? I suggest you learn "Price TA". Its concepts are HUGELY successful... almost impossible to lose if traded well... HUGE profit potential...
  5. Scataphagos

    How feasible is algorithmic trading?

    IMV, the notion of an algo to deliver "superior profit for retail screen jockeys" (like us) is impossible! Somebody got something like this? We're all curious to know.
  6. Scataphagos

    How feasible is algorithmic trading?

    An algo could be programmed to execute a simple function... like "crossing the 200 day MA". But that alone likely wouldn't satisfy one's profit objectives. To program a really good and comprehensive "list" of strategies, would be EXTREMELY complex and difficult. Even if it were possible, not...
  7. Scataphagos

    Complacency in trading.

    "Your mind is the Devil's weapon." Discipline...
  8. Scataphagos

    Wall Computer Ideas?

    Used to be several brokers had "free data and free trading platform". Not so much these days. I use AMP Futures with Sierra Chart*. You should expect to pay $20/mo minimum for data and charting if you don't find a free source. *Sierra is excellent with live charts.
  9. Scataphagos

    Wall Computer Ideas?

    "Large" numbers will be a function of your display... not a broker. You could mount a 50" (or larger), UHD TV on the wall... lots of 50" and larger TVs available at various cost according to quality. You could mount 2x, "TV as monitor" as well. One of my displays is a 43", UHD (I also like...
  10. Scataphagos

    LUNR Madness... 110 to 20 wow

    Didn't you say you're a fan of KPop? I can't send you a PM... so this.. I ran across a video of Yoyomi doing "One Night In Bangkok" plus another. Have you seen that? She's just cute as HELL.... want me to send you the link?
  11. Scataphagos

    MES starter question.

    Because of the leverage factor, the profit/loss potential in futures is fast and furious. Suggest you make the effort to become good at trading the market before you venture into futures. Trade individual stocks and ETFs (their risks are not leveraged and therefore lower).... until you feel...
  12. Scataphagos

    MES starter question.

    Yes, that's exactly correct! When you "put in play" a 1-lot in the MES, you've committed to potentially $20,000 at risk. The MES trades at $5/point... so 10 points would be $50/contract. Nobody is going to lose $20,000 on one contract unless it trades to zero... but you can get crazy or loose...
  13. Scataphagos

    MES starter question.

    1. Doubt you can get by with SL of "5-10 tics"... market is too volatile/noisy for that.. should be more like 5-10 POINTS! 2. Will "stop loss order" be good enough in black swan market? Likely, NO. Recently the ES dropped 120 points in 4 seconds in reaction to news. No stop could have...
  14. Scataphagos

    Tired of losing money every trading day

    You make your money when you enter the trade. That is, you need "good" entries... buying near technical support, selling near technical resistance, quickly chasing support and resistance breaks. That's "Price TA". KISS, baby! :D
  15. Scataphagos

    Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022

    Should be a "time cost" for EVs... you know, the time you spend "waiting to recharge".. the time you spend waiting in line to hook up to a charger plus the time it takes to recharge your battery?. Those are "time is money" costs, are they not? (Not a biggie if home charging is adequate for...
  16. Scataphagos

    Success of Japanese Candlestick Patterns?

    Not unless he comes with more. From what he's already posted, I think he's full of crap!
  17. Scataphagos

    Success of Japanese Candlestick Patterns?

    Since when are S/R "baloney"?
  18. Scataphagos

    Success of Japanese Candlestick Patterns?

    Candlestick patterns are the most reliable and useful when showing "reversal"... morning star, evening star, shooting star, hammer, dark cloud cover, piercing line, engulfing, etc. Nothing all that special as the same info can be found elsewhere. Being sharp on "reversals" is one of the most...
  19. Scataphagos

    Small Percentage Gains from Large Account Strategies?

    There is such a thing? (We have it in US markets too... it's called "wishful thinking".) :)
  20. Scataphagos

    Small Percentage Gains from Large Account Strategies?

    To make a small return on a large account, you need to do conservative things... like buying T-Bills, writing covered calls, or holding dividend-paying issues. Of course the latter 2 require taking market risk.
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