Search results

Thats good! ROFL

It is difficult to post market dynamics in a static post. Dynamics for me are watching price as it unfolds before and after I take a position, all within a context established by past recent price action. How do I illustrate that? I am not sure. I am an intraday trader that focuses on general...

I skimmed the article. As it mentioned, in addition, you got the high barriers to entry in the real estate market. It is illiquid. No diversification as with equities. However, there are benefits as the article states. I just don’t want the hassles. I have 2 friends both in their 70’s that have...

Of course. For instance, rental housing..real estate..can beat the wall street senario if one has the skills to make good judgements on properties and wants to deal with the maintenance issues and rental people problems. I have friends that have gone that route and they do quite well. It isn’t...

Could be. They say location..location..location in real estate. I was referring strictly to trading. Not even referring to gambling in Vegas as I am not a gambler although some would declare me to be because of the practice I have of adding to losing positions in certain market contexts. LOL

Both Risk and PT management. As to how many bars I would hold before taking profits, it is, never (at least for me) set in stone (although I will set an estimated initial PT) but the actual PT and even the SL are both subject to the dynamics of the market in the context in which I place the...

There is ALWAYS a tradeoff between risk, reward, and probability.

Actually, in trading I see it as the opposite than that shown in the graph. Larger reward is smaller risk but less probability. Greater probability usually implies greater risk and less reward.

Winning is EVERYTHING. In the markets as well as football. It IS NOT about the journey or the experience.

ROFLMAO...ROFLMAO..ROFLMAO...ROFLMAO

@piezoe 15,000 years of CO2 decline and just 100 years of rise? Basically, just a very SMALL pb in a bear trend! What will sig do with that piece of data? ROFLMAO

With proper management one can enter on about 95% of the bars. At anytime. On any bar and make money. Every bar has bulls and bears playing it all day long. Management trumps entry almost all the time. Most traders focus their concentration on entries. What is far more important is context and...

Here is a twist. Have you tried using the methodolgy you are describing ON an instrument that reverts back to the mean alot but using it scaling into losing positions? That is, use it as a method to scale in. Scaling in by the grid! I generally scale in by steps with each step being at least...

IMO second most important metric is average win vs average loss. In your strategy an instrument that tends to have prolonged trends could work well but such an instrument will also work well in terms of scaling into losing positions on pb’s as one is buying cheaper (in a bull trend). The...

In so many words, a low win rate? Win rate is the most important metric ...Imo

More like the ones who never could learn how. LOL

Back in the 70’s as a teenager I caught a greyhound bus to Detroit. Went to Hazel Park Race Course and got my license as a groom to take care of 5 thoroughbred races horse. https://en.m.wikipedia.org/wiki/Hazel_Park_Raceway I, occasionally would wager. But I don’t remember ever betting over...

LOL :thumbsup:

Trumps a winner and win rate trumps all! ROFLMAO

Of all the metrics win rate trumps all.