- Search Metals Mine
- BWilliam replied Apr 20, 2020
The Comprsi is stuck at the bottom. Just be patient to wait it rise towards 50 level. Just checked, it can potentially go down to 2.0400 for a H4 swing trade.
Roadmap - A Way To Read Markets
- BWilliam replied Apr 20, 2020
In my research I found that in most times at inflection point there'll be execution windows available depending whether they're v or u shaped. Aggressive execution exposes the trade to higher potential cost. Anyway there're 2 possible executions ...
Roadmap - A Way To Read Markets
- BWilliam replied Apr 20, 2020
That's what I term as a "legitimate" scalp.
Unlike the usual scalp buy or sell against a falling or rising market. Catch a falling knife skill.Roadmap - A Way To Read Markets
- BWilliam replied Apr 20, 2020
Laura knows her stuff whether red badge or not.
Roadmap - A Way To Read Markets
- BWilliam replied Apr 20, 2020
Broke last Friday low at 130 points away from SMA200. So what's the rationale behind this trade ? Support is another 300 points away.
Roadmap - A Way To Read Markets
- BWilliam replied Apr 20, 2020
For EU, the trade can be seen on h1 chart. Price tested Fridays high and 1.0900. Possibly same like Friday fall at the top. For EA, price testing Friday low at 1.70166. will break or not? Not sure, strong level for whole of last week so unlikely to ...
Roadmap - A Way To Read Markets
- BWilliam replied Apr 19, 2020
How to be consistently profitable...... But I bet you won't do it. Things that are not done list, 1. You are consistently profitable if your trading strategy has a positive edge. To determine that you objectively quantify it then back test followed ...
How to be consistently profitable... but I bet you won't do it
- BWilliam replied Apr 18, 2020
Automated trading to replicate manual trading requires a much higher level of expectation. Every rule of engagement has to be objectively quantified for it to be completely represented by codes, a gigantic project by itself. The good part of such a ...
Roadmap - A Way To Read Markets
- BWilliam replied Apr 18, 2020
How do we determine of our trading system has a positive edge? We objectively quantify our trading system, then carry out backtest followed by certain amount of forward test to ensure that the test setup is not curve fitted. The problem here is many ...
Success in trading
- BWilliam replied Apr 17, 2020
That's a consistent streak at getting rich quick. Who doesn't? Lol Not just great, it's real. Lesson from my scars, If I can't objectively quantify it, FARK IT. Fool me once shame on you, fool me twice I'm an idiot. Lol
How much did you start trading with?
- BWilliam replied Apr 17, 2020
In those bucket shop days prior online trading, the smallest lot size is 1lot with 5pips spread for usddem. Minimum account deposit is usd10k(if I remember correctly).
How much did you start trading with?
- BWilliam replied Apr 17, 2020
Yep that's what 20,000 hrs screen staring teach us. One of the things that we think about after a decade or more trading experience under our belt is no more about whether our system work or precision but to rationalise our returns expectation vs ...
Sam Seiden Goes DOWN
- BWilliam replied Apr 16, 2020
I saw the pics you posted on that other thread with tdi. IMHO you're on the right track and have a good handle of it. Keep at it, master this and don't waiver. Happy trading.
Writing it down gets it out of my head...
- BWilliam replied Apr 16, 2020
The devil is in the detail as you marked them. The 2nd stage Dow collapse where you drew the brown box is s/d ala Soros where opportunist speculators jumped in to short sell in droves that caused the overshoot. This is the reason why s/d ala Soros ...
Sam Seiden Goes DOWN
- BWilliam replied Apr 16, 2020
I don't claim to have the right answer so I stand corrected, Traders like Soros trade without leverage unless he convinced the banks and financiers to back his transaction in loan parcels which is probably unlikely in this case(not sure) where he ...
Sam Seiden Goes DOWN
- BWilliam replied Apr 16, 2020
Good question. This is the reported status on wiki in 2011. "At its founding, Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of Soros's overall net worth." Guess the percentage Soros ...
Sam Seiden Goes DOWN