Illegal?

Why are most retail traders usually on the wrong side of the market?

You've already had a straight answer but you didn't understand it, ok I'll try again...... Forget about London open, US Session, and previous day's high and low. Instead think about what you're trying to calculate using Fibonacci. You're looking for ...

Fibonacci lines - Please explain it

whoosh..... Ah what's the point!

Fibonacci lines - Please explain it

I guess that's where the patience comes in, it's too easy to get trigger happy out of boredom! What helped me was having a few different strategies, my preferred one and then a couple of others, it helps to keep the equity curve moving (if not ...

Flat periods

And there was me thinking that's what we were doing, discussing! Anyway, good luck with it! "You can lead a horse to water......"

this is a debate about how to not predict the market

Unfortunately you haven't described one which has any practical use in trading! If you can't address the problems with this strategy which people have raised then how can you expect to make it work in a live market? Looking at a chart with hindsight ...

this is a debate about how to not predict the market

When the what, the 'Kuskus indicator'? That's a new one! Like Moody said I think I'd want to know what the indicator is made of if I'm going to use it to decide trades for me, it might just be based on a couple of lagging moving averages. How does ...

Simple and Easy System-only two indicators

Based on significant highs and lows, period. That could be on any time frame and span any time period. I think you might be mixing up Fib levels with Pivot Points and such. Fib levels tend to have more meaning when there's confluence, ie two or more ...

Fibonacci lines - Please explain it

Why not just trade the range and then the breakout?

this is a debate about how to not predict the market

I never really understood what he did, seems to me in essence he was 'buying' a rapidly falling market but terms like 'Long-Long Future Arbitrage' are a foreign language to me!

this is a debate about how to not predict the market

Really? You can't see better places to trade on that chart?

this is a debate about how to not predict the market

Ah yes, he was one unlucky mofo, what was it an earthquake or something? If I remember Barings could have traded out of that loss if they'd kept quiet and pumped more margin in, as it was they lost their nerve and bailed! The joys of averaging I ...

this is a debate about how to not predict the market

.....ps, look up 'straddle', you might get a few ideas along the same lines as you're thinking, here's a link to get you started.

this is a debate about how to not predict the market

Ok, but what happens if price triggers your long and then triggers your stop, and then reverses and triggers your short and triggers that stop as well? With a 5 pip stop I could see you getting whipsawed a new one! Contrary to popular opinion the ...

this is a debate about how to not predict the market

Oh come on, seriously? Anyway, he said "if you dont understand the method, ask me a question".....and I'm askin'!

this is a debate about how to not predict the market

I don't understand the method, or why your entries and stops are where they are.

this is a debate about how to not predict the market

It's usually my fault! I think I'll make a market in TP, WTP, WW, and BS! That's a point, how do bulls handle this issue?

Billion Dollar Day - Documentary 1986

Yeah I think that might have come from the free love

Billion Dollar Day - Documentary 1986

video Everyone did in the 80's, and mainly not 'straights' Boy those were fun times, 70's 80's, free love, free grass, flower power.....

Billion Dollar Day - Documentary 1986

Totally agree, market manipulation and bluff and double bluff between institutional players. It's old but probably every bit as valid today as it was then..... video Maybe that's why retail traders have such a hard time picking short-term ...

Why are most retail traders usually on the wrong side of the market?