Search results

Looking for medium-term investment advice, e.g. buying shares of promising companies cheap while the companies are unknown, then selling them in a year or two when they are next Facebook and getting super-duper rich. How do you learn about such opportunities? What news sources do you guys watch...

On the positive side, if the governments divert more resources, it means the tech's impact is growing.

This forum is an amusing place :)

Reliably producing 2% profit per month translates to 24% per year. 3% translates to 38% per year. 5% - to 70% per year. If e.g. you invest 10k USD in a system that returns 2% a month reliably - you'll be a millionaire in 20 years. If your system returns 5% a month - you'll be a millionaire in...

I've been working as a programmer for 9 years. Currently at a stage in life where I'm looking for another job, and am thinking and joining a firm that deals with trading. The primary motivation for me is to learn how money works so that I can get some plans in place to achieve financial...

Why would anyone seriously consider using astrology for trading?

I'm working on an indicator that would tell me when a specific setup is happening. I'm interested in a setup with a given take-profit and stop-loss percentages, that, over time, produces more winning trades than losing trades. So, you put in the system the market data - the indicators and the...

Nope. Not for some communities.

Hey, I'm new to this forum and so far the experience has been so good. I'm coming from programming background, but there, I tried to stay away from any kind of communities. Because they are toxic and they suck. Here, you guys shit on me and my newbie bullshit, but not nearly as hard as I'd...

Well how do you decide on that as a human?

So using indicators instead of algorithms?

So in other words trading on intuition rather than rigorous rules?

Isn't there a contradiction here? Price TA refers to using math to predict market - essentially modelling task. Algos are the same thing: models of the market. So, why do you say it's impossible to put math in an algorithm? In fact, why even differentiate between the two if they are the same thing!

How about not super profit, but just any profit? Why is algorithmic trading a thing then if it's not possible to come up with an algorithm for your trading?

Yeah, the key word there is "overoptimization", and I know what that means, and why not to do it. But in general, how feasible do you guys think this feedback loop is? Take a Pine strategy, tune and tweak it until the past data looks good, run it and make money? To me, it looks good, provided...

Yeah, 6 hours ahead. I’m using TradingView, and I see it does have alerts. So your suggestion is, figure out which time there’s the most action, and specialize on a bunch of very regular price patterns that play out as expected more frequently than they don’t? Do you have any suggestions on how...

Keep trying :) the goal is to get to 0.5% of profit per day, or 10% per month. I'm thinking of keeping a trades diary: do 2-3 trades per day, log the reasons for me to take them, then reflect how it played out. Journaling helped me a lot before to make sense of things, maybe it'll help with...

‘Three hours in the evening’ is Central Europe time, so more like 9 PM - 0 AM. The one at 9:30 I did from my phone at work, looked at the chart and couldn’t hold myself XD but that was more of a casual trade, I’m still looking for an optimal way to manage my time trading. Looking at the charts...

Like 3 hours in the evening after work.

I mostly orient on levels of support and resistance, and the patterns the highs and lows of price fluctuations form. I’m trying to long when I think the price hit a support and will bounce off, and short when it hits resistance. On the screenshot above, I took a short trade where the...