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  1. wrbtrader

    Charts?

    2% down on a candle chart is still 2% down on a bar chart, 2% down on a line chart and still 2% down on any other chart. You can take this further. Pretend you're talking about futures...all session chart in futures will produce different backtest results than regular session chart. Something...
  2. wrbtrader

    What do you do with your excess cash?

    Depends on how much is that excess cash. wrbtrader
  3. wrbtrader

    how to understand Al Brooks

    I buy books from Amazon or local bookstores (old & new)...never have I returned a book. Maybe its me but I don't treat books like I would do for something like a slow cooker, laptop, office chair, calculator, Ninja professional juicer or camping equipement. I mention the latter above because...
  4. wrbtrader

    how to understand Al Brooks

    Books on Amazon can be returned. https://www.amazon.com/gp/orc/returns/homepage.html Simply, seems like a refund to me unless I misunderstood Amazon's policies. Yet, the free content on Youtube videos obviously are not refundable considering its given for free. Regardless, what's wrong with...
  5. wrbtrader

    how to understand Al Brooks

    Interesting observation...same price action but viewed/explained differently. Some will get it and others will not. Nothing new about it all. wrbtrader
  6. wrbtrader

    Who should I ignore?

    I'm surprise you're interested in trading cryptocurrencies. You seem more like the fund type or someone interested wealth management via fund advisory. wrbtrader
  7. wrbtrader

    Trading Experience

    It was useful, beneficial to share your "accreditation" background 10 - 30 years ago. Yet, in today's social networking problems involving privacy...not a smart thing to do and the info can be used against you that impacts your personally or professionally. Therefore, its best to share that...
  8. wrbtrader

    Trading Experience

    If this forum had "job opportunity" listings or listing thru a 3rd party job listing site along with traders using their real names in their forum profiles... Members would disclose such private info about themself. Yet, someone that trades their own capital and obviously not seeking...
  9. wrbtrader

    Day trading realistic expectations

    Expectations is not what some anonymous stranger on the internet will say to you. Instead, backtest your trade strategy and then simulate trade it...the results is your expectations. Seriously, this is your money...let your backtest results and then simulator results tell you more than any...
  10. wrbtrader

    How to overcome the inability to accept small losses when wrong on trades?

    You can be a discretionary trader that uses a rule base trade method. On the flip side...you can be a discretionary trader with no rules or very little rules. I define a discretionary trader as someone that is not 100% automated. wrbtrader
  11. wrbtrader

    How to overcome the inability to accept small losses when wrong on trades?

    The inability to accept losses that encourages a small loss to grow into a big loss along with ending the cycle of blowing out trading accounts is only an issue for discretionary traders or any other type of traders when they don't use a stop. Solution: Start using stops Yet, if your trade...
  12. wrbtrader

    Would it be easier to attempt 4pts with 5 contracts or 10 pts with 2 contracts trading the NQ?

    Your backtested results should be able to answer these questions for you... 4 points / 5 contracts versus 10 points / 2 contracts In addition, your backtest results should tell you what type of market conditions that are needed to be present for either of the above to occur. You'll then know...
  13. wrbtrader

    How much depth do you have to your strategy

    You're still trying to jump the gun sort'uv speak. Right now you should only be concern with developing your trade strategy and then backtesting it to see if it merits moving into simulator trading instead of being concerned with issues that only an experience trader should be wondering about...
  14. wrbtrader

    How much depth do you have to your strategy

    Backtest your trade strategy. If the results are positive...that's when you go to simulator trading. If you do it any other way (so far it seems like you're starting that way)...you're just going to become another failed trader that lost his/her real money. Backtesting is the best way to get a...
  15. wrbtrader

    This Hasn't Happened Since 1987: S&P Correlation Edition

    Thanks for the info about the correlations...very useful.
  16. wrbtrader

    limiting thread

    Yeah...just ask the moderators to close the thread when your thread has reached whatever you consider to be your limit of replies to your thread. I've seen many members have their threads closed when the thread author thinks the thread has run its course or they think the thread has gone too...
  17. wrbtrader

    Is active trading a viable job for an individual?

    Never will be a disagreement about such.
  18. wrbtrader

    Is active trading a viable job for an individual?

    Depends of the job type and your location.
  19. wrbtrader

    Is active trading a viable job for an individual?

    Most jobs have "code of conduct" or Employee Handbook Very true for any decent job and they all have you sign paper work that you understand / agree to it prior to the employment becoming official. In fact, some types of jobs will have you sign additional paperwork associated with your...
  20. wrbtrader

    Is active trading a viable job for an individual?

    You may not have been here that long but there's been a few trade journals here that mainly only talked about "risk management". I've seen others that mainly talked about other stuff too besides trades...e.g. economic macro journal. In fact, there's one guy at this forum that preach loudly that...
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