I'm back. Hopefully better and more realistic.

[farmerjohn1324]

Cannonballing is just a different term for martingale strategy. It's not groundbreaking, it's well known for thousands of years or longer. It doesn't work. Post 13 of yours said you used that

And I never claimed this was my strategy. In fact, I only said that I did it once in a demo account.

 

[stockpredictor]

And I never claimed this was my strategy. In fact, I only said that I did it once in a demo account.

Ok. Your post said to the effect that you're not sure of it's possible to gain an edge, but in another one said your system works. Something like that.

I've demonstrated my system that works in both up and down markets by calling entry and exit live in the thread I showed. It's not a marginal edge, it's the closest thing to the holy grail. I said there that I wanted funding in order to score huge money. If you're doing well with spec homes (better than me, I'm unemployed) then how about teaming up with me and we'll both get rich this year?

 

[volpri]

You obviously also want to better understand all the "fixers" in the market. Test yourself. Ask yourself whether you can be woken in the middle of the night and explain what a CPI basket is comprised of. What the preferred measure of core inflation is of the Fed, BoC,... What are labor statistics and how are they exactly defined. Wage growth, and a whole host of other major economic indicators. Understand how they are really defined and what they mean. Then study how they historically impacted asset pricing. All that requires actual study, not just watching some green and red colored dots on broker screens or websites.

Ok coming in 5 minutes

 

[padutrader]

it's the closest thing to the holy grail.

well then it should have become big money....use it in forex with 500 leverage....if you do not live in states

 

[stockpredictor]

well then it should have become big money....use it in forex with 500 leverage....if you do not live in states

Only stocks. Doesn't work as well on currencies, or commodities for that matter

 

[ironchef]

You approach the market in the same dumb way than you have previously done. You won't ever make money this way. Your stop losses are way too wide, too. I mean, I don't even know where to start. Granted, I don't know you much at all, but I can tell you with absolute certainty that your approach to analyze the market is not working. If you must engage in TA then rather look at spotting strong trends. Much more profitable endeavor than what you are trying to do. Learn to first follow market prices rather than predicting them just because you think you have some special insight from your common sense.

Thats the best advice I can give you. Perhaps you consider it or you continue to feel outraged.

Why is the obvious not so obvious.

 

[ironchef]

Don't recall who said it, but the tragedy is :
,,When you're 40, you're great at that which you do & ...You hate it"

Mid life crisis and the grass is always greener on the other side. Happened to many of us.

 

[padutrader]

Only stocks

if you right the money grows.....you do not need much to start.

 

[treeman]

https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-42#post-5338450

Buying all the olive farm yields so that you cornered the market on olives?

 

[stockpredictor]

Buying all the olive farm yields so that you cornered the market on olives?

You've found out I copied Thales ancient techniques? Wait till you know about what I learned from Socrates...