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It may be an old concept but it is what I believe drives the market. This is where we seem to differ. I don't need a theory about what is driving the market. I only need to know that the market is moving and a method of getting out of my position if it stops moving or reverses. On the bright...

Damn and here I thought I had a definable edge. It's not my theory it's Wyckoff's 3 Law's. Sorry Elon... I'm not sure how to provide any proof. Could be or maybe I'm just lucky. It has been working for me. Actually has high correlation to SPX as it is mainly a long strategy and it does keep...

What techniques would you suggest I use? I evaluate momentum with price action and volume and manage risk with stops. Wyckoff is more about price action than bar charts and P&F. The charts make it easier to see. I must be really lucky then as I have been quite successful. That is more or less...

What exactly do you have in mind. What tasks are you thinking of dividing? If your strategies are working then trade them. If not throw them out here and you'll get lots of feedback, some of it might even be useful.

Stocks is what I know best. The futures and derivative markets are highly leveraged. It's a risk management thing.

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That's how you should look at your trades. Did I follow my plan? As for keeping losses small, consider a trailing stop.

What indicators? Wyckoff used price action.

I like the US. It's a great place to spend the winter. (not so much this year, I'm braving the frozen north) My US friends are split about 50/50 left and right. I try to stay out of the politics. Someone said that if your votes really counted they would make voting illegal. Not happy with...

That's the thing with democracy, the guy with the most votes wins. No one says it's fair. If your side wins it's fair if the other side wins it's not fair. LOL:D. Alberta like the US didn't do much about covid. Left it up to the individual to use common sense, of course common sense isn't that...

I use price action. I don't watch news and a lot of the time I can't tell you what the companies I own a part of do to make money. I have certain patterns I scan for that have a probability of moving in my direction. I have strict money management rules that quickly cull the positions that are...

I'm not so sure that the emotions that drive the markets have changed that much in 100 years.

You should not care about my opinion. I'm an anonymous poster on an internet forum. As someone who wants to learn the basics of short term trading your question should be why does it work rather than what works. Nothing works all the time!!! I don't use indicators to trade. If you have an...

Well what more can you ask for? Throw in a little risk control and money management and you are good to go.

Maybe we should be rethinking our road to riches. :)

I took a quick look at how much YouTube might pay for a video. Seems it ranges from 3 to 5 dollars per thousand views. The pole dancing video had over 4 million view. At 5 bucks per 1000 she is making 20K without making a trade. If she manages 100,000 views she still making 500 bucks a video...

What about them. What do you think they will indicate?

I need more information before I make that decision. How much do I win? What is my account size?

I use a demo/sym account to practice trading. I would never take a strategy live until I had tested it on demo. I practice with the same account size I will trade live. I make sure I follow the rules. Once a strategy proves to have an edge I can take it live with confidence.

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