Вasics of technical analysis for "dummies"
- Thread starter Resto
- Start date
Who are you talking to?
@Resto
When are you going to do live trading?
dummy trading and live trading are very very different.
seems like your dummy trading is OK. so time for you to do live trading.
When you do dummy trading,
it is 90% technical (which include things like drawing lines, fans, spiral things, fibo level,
rectangular and triangular things etc etc etc) and
10% mind management & risk management.
99% of your postings are about technical things,
and virtually nothing about mind management and risk management.
When you do live trading,
it is 90% mind management and risk management ( how many lots to use, where to place stop loss and target profit, mind centering, conscious thinking,
how not to scold people, how not to be rude, how not to be angry, how not to be frustrated ....)
and very very little on technical.
But then, since you are such a rude hot tempered boy, you wouldn't be able to do live trading.
When are you going to do live trading?
dummy trading and live trading are very very different.
seems like your dummy trading is OK. so time for you to do live trading.
When you do dummy trading,
it is 90% technical (which include things like drawing lines, fans, spiral things, fibo level,
rectangular and triangular things etc etc etc) and
10% mind management & risk management.
99% of your postings are about technical things,
and virtually nothing about mind management and risk management.
When you do live trading,
it is 90% mind management and risk management ( how many lots to use, where to place stop loss and target profit, mind centering, conscious thinking,
how not to scold people, how not to be rude, how not to be angry, how not to be frustrated ....)
and very very little on technical.
But then, since you are such a rude hot tempered boy, you wouldn't be able to do live trading.
I do not know to cry or laugh.
From this site I was approached by a famous Internet business entrepreneur
Our dialogue was structured like this.
He was primarily interested in the issue of risk ratio
I explain to him
- there is no sense in considering the risk ratio for the simple reason that you have a 100% entry point and all that remains for you is to enter into a deal.
You can enter 100% of the size of your deposit or make a transaction in the amount of 5% of your deposit
In any case, your transaction will be in profit and on this basis you will be able to derive the arithmetic regularity of the risk - profit ratio.
as an example, we used the SP - 500 index
I showed him exactly where the price would come in the interval of 1 minute and where exactly it would then go in the interval of 1 hour chart
After 6 hours showed the result of my prediction
All targets in the 1 minute intervals and in the interval of the hourly chart were worked out ideally, neither direction nor volatility were violated.
Then he began to tell me that they programmed AI and achieved 52% effectiveness.
I explained to him - that for programming AI, a systematic database is required and not the set that they feed the AI.
The result of this conversation is that this too clever entrepreneur offered me to give him my database and in return he will give me a ready-made robot that will trade on my algorithms
Question - Are you really morons here or want to seem like that?
ps If the need arises, for just 500-3000 dollars I can easily find hundreds of programmers who will create any robot for me
From this site I was approached by a famous Internet business entrepreneur
Our dialogue was structured like this.
He was primarily interested in the issue of risk ratio
I explain to him
- there is no sense in considering the risk ratio for the simple reason that you have a 100% entry point and all that remains for you is to enter into a deal.
You can enter 100% of the size of your deposit or make a transaction in the amount of 5% of your deposit
In any case, your transaction will be in profit and on this basis you will be able to derive the arithmetic regularity of the risk - profit ratio.
as an example, we used the SP - 500 index
I showed him exactly where the price would come in the interval of 1 minute and where exactly it would then go in the interval of 1 hour chart
After 6 hours showed the result of my prediction
All targets in the 1 minute intervals and in the interval of the hourly chart were worked out ideally, neither direction nor volatility were violated.
Then he began to tell me that they programmed AI and achieved 52% effectiveness.
I explained to him - that for programming AI, a systematic database is required and not the set that they feed the AI.
The result of this conversation is that this too clever entrepreneur offered me to give him my database and in return he will give me a ready-made robot that will trade on my algorithms
Question - Are you really morons here or want to seem like that?
ps If the need arises, for just 500-3000 dollars I can easily find hundreds of programmers who will create any robot for me
Attachments
Last edited:
#1 Saturday at 5:28 AM And again the banal question: which is more effective - technical analysis or indicators?
Masd, for which 0 signal or a clear area of technical analysis?
Therefore, I repeat, if you are an idiot, you have nothing to do in this thread, so I put all the idiots in the list of ignored
Masd, for which 0 signal or a clear area of technical analysis?
Therefore, I repeat, if you are an idiot, you have nothing to do in this thread, so I put all the idiots in the list of ignored
Attachments
#116 50 minutes ago Based on the results of this post, if you contact me, I ask you to understand 2 axioms
1 everything that you know now - I knew 10 years earlier than you, and I do not need to prove my competence on the basis of templates that you learned from books, video articles on the Internet, etc.
2 If you want to get help from me, do not consider me dumber than yourself, I know everything you need in advance.
1 everything that you know now - I knew 10 years earlier than you, and I do not need to prove my competence on the basis of templates that you learned from books, video articles on the Internet, etc.
2 If you want to get help from me, do not consider me dumber than yourself, I know everything you need in advance.
General conclusion about the users of this site.
When a person is not able to calculate the future trend direction, development time, his volatility, he takes into account risks.
If a trader understands the nature of market prices, he calculates his future profit and risks for him - they do not matter!
In an extreme case, he uses stop loss or hedges his risk. The rest of the demagogues only engage in chatter
When a person is not able to calculate the future trend direction, development time, his volatility, he takes into account risks.
If a trader understands the nature of market prices, he calculates his future profit and risks for him - they do not matter!
In an extreme case, he uses stop loss or hedges his risk. The rest of the demagogues only engage in chatter
Another September 28 #107 Monday at 3:59 PM
I knew exactly what would happen to the pound futures, and I did not care about the discussions of the demagogues about the risks and the possibility of news to change my forecast.
I knew exactly what would happen to the pound futures, and I did not care about the discussions of the demagogues about the risks and the possibility of news to change my forecast.
