Are you too anxious to win?

Surely when one has an edge, they don't share it, otherwise the edge will go away.
you need others....to do the same as you
if you buy and market goes up 100 ticks, was it your buying that sent the market up?
not unless you are GS
 
this is easy.....just trade the trend
Trend is not an edge. Having the skill to trade the trend maybe an edge or maybe luck. The longer the time-frame, the more chance it's simply a case of being at the right place at the right time.
 
Having the skill to trade the trend maybe an edge or maybe luck
you need simple money management to trade the trend
i think it is an edge.......but that is my opinion
and a two bar rally on 5 min time frame is a trend.....maybe not a major trend but it is a trend.
 
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If you're coming to Chicago im me and we'll see what my boss says. No guarantees - I'm not even sure we a VHS player in the shop.


Take a phone pic of the actual VHS for proof of life... nobody believes you. Nothing special about the video.
 
Tried for years - folks who may have them aren't parting. We have one in our shop and it ain't going anywhere. Digitizers wouldn't touch VHS last time we tried, but I'd bet they may exist. Our copies came from the First Options library which has to make it +30 years.


30 years -- and still going at a good clip...(from his LinkedIn profile...)
"Patents
SYSTEM AND METHOD FOR CREATING AND TRADING A DERIVATIVE INVESTMENT INSTRUMENT OVER A RANGE OF INDEX VALUES
Issued April 24, 2012 United States 8,165,953 B2"
 
The experience in the market teaches you that the best way to operate and make profits is to be passive to make your movements because they are very measured and it is not constant that there are errors, The anxiety to win generates that movements are carried out without control or with high rates of risk generating in this way great losses. That is why it is explained that the most specialized traders operate in such a calm manner.
 
and a two bar rally on 5 min time frame is a trend.....maybe not a major trend but it is a trend.

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Edit: As Nassim Taleb puts it here; "A trend is not a well defined thing"


XIV%20LT_0.jpg
 
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