Search results

Science for the most part is fraud. It is a huge corruption area. Innovations are made by a handful of people, often unknown who the system of grants fights hard. Instead of grant money, the government should institute a bonus program for privately funded research in both Universities and...

I think the strategy of buying based on QE3 is clear and many funds follow it. Let us talk again at the end of the year about who was right or wrong. I have no problem to admit I was wrong. Do you?

It may or it may not. It depends on many other factors. This is easy to backtest on broker platforms.

Nice, clean charts. But the FED will let the dollar slip on a down stock day like today acting as support for stocks. I see no way technicals can win the FED. Those manipulators will do anything they want. Since they announced QE3 and soon QE4 I gave up on charts. Just buy, anything they buy...

It was much worse 15 years ago when prices were fixed in the exchange parking lots. If you don't know the secrets of trading, you will lose anyway. One good day, 5 bad ones. One good trade, 5 bad ones. This is how it works unless you get introduced to the club. There is a registration fee and...

My grandfather does.

It is a good basic tool. I have used it a lot in the past. One reason more sophisticated traders do not use it is that you have no way of knowing the historical performance of the scans. In this respect it is a naive tool. If you setup a scan and you get a list of stocks, do you know how these...

Trading is the most primitive activity that makes this world exist. No trading, no existence. Traders, no matter how small, are part of this process. Losers are as important as winners. If you are a loser, you are important to the winner. You have helped him live a better life. There you go...

Probably professional trend followers with high reward/risk do not care but experience says that retail trader spychology is badly affected by low win rate. So try to keep it above 50% with reward/risk of at least 2 and you will do well if you manage positions properly. Good luck to you.

No problem. I should be clear that my ideas here do not constitute personal financial advice and that you should do your own research before investing money.

All legal gambles have negative expectation. You do not want to place a bet on a negative expectation game. Investing is not gambling unless you turn it into one. Infinite QE3 makes buying high quality stocks a sure bet for the next 2 years at least. You should be able to turn 50K into 200K...

hmm.... one value could be 10.0001 and the other 10.00001 Try comparing the absolute value of the difference to a small value like: abs(a - b) < 0.00000001 Comparing diectly real values when they can have small diffrences in a bad practice.

TC2000 by Worden is a good scanner for beginners.

Two things assuming this is Tradesation 2000i code: 1 - There is no function "sell" I believe". I remember there was a "Sell Next Bar" or somehting along these lines. 2- You have no code to go long but you are exiting longs;

There is a difference between expected risk and real risk. If the market crashes at the open below your stop, then you get a taste of what real risk is. Small account traders and paper traders do not have a real feeling of what is like to expect 1% risk and end up with a 5% loss on a 100 million...

This simple position sizing method has not been invented by Tharp. I believe it was mentioned by Ed Seykota in Markets Wizards in the 1980s but people have been using it for ages.

"Victorious market wizards can pinpoint high probability and low risk entries: Winning trading methods enable speculators to enter the markets at better prices." Generalities for the most part. Jim Rogers has been saying the same for years. Risk is known only after the fact. Probability is...

Thanks gmst. This has been a hard period for everyone in several fronts, from markets to weather. I think this forum is useful and we have to support the moderators in keeping it clean of attacks, etc. My apologies to all for the sidetracking. JCL is a good man I think and he knows a lot we...

Thanks for this algorithm JCL. By the way, I would like to apologize to you like I promised to someone for attacking you but you also have to admit that you have talked very harsh about me in this forum by saying that I talk about bizarre things. I think you are a great guy and your...

If you can't make money with 50:1 you will not make money with any other leverage. Spread betting loses both ways when it goes wrong. So asking for more leverage because you doing spreads is not justified. 50:1 is more than enough. The regulation is correct and it must be made international to...