Recent content by Calinor

Hi Tomorton. What is the size of an average win (say the next day's close), an average loss, and what is the disaster stop (EURUSD for example)?

The only relevant one is 50%

Atilla, why do you think the war is futile and from whose perspective is it futile? Doesn't seem so to me.

I think you are missing the biggest risk of all. For Crypto the biggest risk is the exchange/broker. It is all well and good managing your risk on a particular trade, but if the exchange goes down or someone runs off with your money, the risk on the trade is irrelevant. These have happened...

Couple of comments 1) Algorithms for trading are highly secretive. So to say nearly all code written nowadays is based on those structures is a stretch (i.e. you have no idea what professional algorithms are doing) and not true. Unless you meant your own algorithm. Perhaps you can demonstrate...

Depends what you mean by financial industry. Most of the banks I worked for, their desks make money most days. Can you explain some of the myths?

I had a look at your post and there are certainly some benefits. One of the drawbacks is related to debt. If we have fewer births, then to pay back the debt in taxes means much higher taxes. Similarly the 'debt' of pensions that will need to be paid. The current system kicks it down the...

Actually a big fan of Jordan Peterson. An intellect, helpful, articulate and he has been treated horribly. Part of me thinks we are tiny little insects on this planet, so how big could our effect be on a massive planet's climate? But I also listen to scientists, and if they say there's a good...

Sounds like you're improving and fixing the leaks and working on your character. Well done! It's a hard process. Cutting losses and riding winners, yes good advice. That's also hard though, because you will typically take a lot more losses than wins. Tough to take 7 losses in a row, much easier...

You know you are good at analysing the markets, I don't doubt it, and you have had some good results. Maybe similar to how I was. I could tell in advance sometimes to the exact tick or pip where the market was going to turn. At times the market seemed so predictable, exactly doing what I thought...

Timsk, what's wrong with the following view: We don't fully know why climate has changed. Perhaps it's due to man, or perhaps it's just a natural cycle, or perhaps it's not even that bad. However, what if it is man-made. Shouldn't we still try to do something that we think is best able to fix...

There are some red flags here. I mean it in a well intentioned way because I have been through it. "As soon as you break a rule you are gone..." Well why would you break a rule? "I got sloppy, greedy and complacent..." Been there too. But you should know what it means. "Most of my losses can...

You make assumptions about what I fail to unerstand A bit rude and aggressive Timsk :) Some rules are absolute. Don't kill people that haven't aggressed against you or others. Until you understand that, I am not sure what to tell you.

Just looking at the first post of the thread, I think his thesis was that what is mostly taught as TA is nonsense and contributes in a large way to a new trader's failure and that most people don't have a trading plan or an idea of what that involves. I think I agree with all of that, although...

I don't want you to go through it all again. So just a thought. Although there are some people who like war and violence, the majority of humans prefer peace. The majority of us don't like invasions, deaths or war. So it's very clear to me that the majority are against Russia's invasion. Now...