Recent content by chart rider

rahul I see nothing wrong with using excel, it all depends what you are trying to do. I have higher level packages, but still use excel sometimes, for example, am currently experimenting neural networks and rather than invest straight away in a high level program, have initially bought a simple...

tomorton As has been stated in many books, successful trading is boring. To dissect a little, personally I find the development work, backtesting analysis of real world results etc to be anything but boring. With regards to the actual trading, being a position trader and with the trades...

The similarity relates to sticking to the rules without deviation or discretion, otherwise, I maintain, there can be no mathematical edge. The market is driven by an incalculable number of inputs, of varying degrees of irrationality. Can the human mind analyse such overwhelming data and apply...

....Sticking to the rigid rules of card counting without deviation or discretion can give you a pure mathematical edge, however small.... Just which part is it that's not identical to trading? CR

....or along the same lines, the easiest way to make a million from the markets is to start with two million. However, there certainly are plenty making consistent money & making a living from the markets. But, some one who's spent thousands of hours and dollars, putting in the required effort...

donald It's not obvious to a noob. The proof is in the number of noobs getting sucked in, just as Joe describes. CR

Hi all, The use of the word trend must be qualified. For example, if one looks at a very long chart for a major stock index (eg Dow, or closer to home for me, the XAO), one will find that the market trends upwards pretty much all the time. As one reduces the time frame, the trending becomes...

Steve, what makes you say CFD's are different to 4x. Regardless of what you trade, you buy at the ask and sell at the bid. Make sure your backtesting takes into account all costs, slippage etc, or the results will be misleading. CR

nishi There's unlimited styles of trading: Intuitive trading, trading based on fundamentals, systems trading using probabilities and statistics, or a combination of these. Different time frames - day trading, short term position, long term position. I don't see how any courses on economics...