Search results

Oh yeah buddy, we're definitely on the same side. :)

I admit, I usually don't like to show my own personal "secret charts" on here but just this one time....this is what I'm looking at right now as far as the overall market is concerned, my positioning should be obvious given the chart.

I think Gold is breaking down dude. I can call you dude right? This is not the time of the year to short ES, seasonality and all. If you want to be long something "dude", get long some copper on a pullback. That pick came from straight out of the janitorial closet.

You do know the money supply has been tightening right? Or should I have put a spoiler warning first?

I would call that a constraint. All traders have some constraints. It could be capital, could be time, could be emotions. Say a guy is a daytrader and his constraint is time. He is short the ES today but HAS to get out at the close no matter what. His time constraint will FORCE him to cover...

Guys, there is no anti-edge. If I could find a way to consistently lose money doing whatever it is I'm doing, that is actually "positive edge". Why? Because I found something in the market that can consistently be exploited. Just because I'm not personally making money on it does not mean...

Thnx for posting!

You are just pissed that not even Trump could help your short position. LOL.

That Dollar index is SMOKING!

This is a story. A narrative if you will. This industry is full of stories. It's how vendors make a living selling charting packages, seminars, books, trading schools, etc. They are sold with stories. They can't sell based on hard facts because there are none. I have no interest in...

Believe it or not, all the questions you are asking are answered on this thread "somewhere". I know it's long, but the material is good. There is not a lot of clutter on this thread. I think a lot of people on this forum are transients. They are just passing through. Many went to a trading...

It's critically important because without it, you will never know if your results are due to luck or skill. If luck, then it will just be a matter of time before you blow out and lose everything. If skill, then you can confidently leverage more capital or even raise funds. But this is the...

I'll put my energy models up against EDF and BP any day.

Yes. I think one of the aspects that makes currencies difficult for most traders is what makes it good for ACD. The fact that volatility in FX is pretty constant means A levels tend to hold better and provide more usable extractable information from. Also the spread aspect of currencies works...

Yes but the issue here is people are throwing out terms that at least by the way they are using them gives the appearance they have no idea what those terms really mean. Just leave out math, technical analysis, patterns all that stuff. Because unless you define these things saying stuff like...

Randomness "does" have something to do with profitability but not the way you are using the term. The conversation on randomness is a lot more complicated then I believe this thread wants to get into. It's not as simple as saying markets are or are not random. I don't want to take this thread...

No, you are over thinking things again. I am simply stating that people are saying things on this thread are not true but stating them as facts. Has nothing to do with successful trading. If I said the earth was flat I could still be a profitable trader and say that correct? They are...

What does understanding randomness have to do with profitability?

I see very few people truly understand the terms randomness and variance as evidenced by their posts. I blame our public school system not them though. Sigh...

OK, let me add one further variable that I think will help. Let's create a series of trades here with two variables. We're going to bet on coin flips, heads or tails but...we're adding a sizing condition. Here is where I think your "emotional trader" will affect the results. See a good...