Recent content by spiderbyte87

Fun to watch the number and type of indicators he uses change over time. They say consistency is key, and this guy sure is consistent..at being inconsistent.

The key difference between a democracy and a republic lies in the limits placed on government by the law, which has implications on minority rights. Both forms of government tend to use a representational system where citizens vote to elect politicians to represent their interests and form the...

Because there really is a big difference. In the context of a trading forum, where knowledge of international politics and government is important, I would hope that traders would be interested in understanding the difference.

When you say "Democratic Nation", I assume you mean that the government is a Democracy, which it is not. It is a Federal Presidential Constitutional Republic. Leaders are elected democratically, but that has nothing to do with how the government is run internally.

To add to my comment, I must say that just like any computer-based neural network, you have to train you brain to see the patterns.. The patterns are there, but it takes many many many successes and failures to wire your personal neural network to see them. Additionally, they are pretty much so...

The best technical indicator is your brain. Indicators are a nice psychological cushion, but the actual magic is in that immense neural network parked in your head.

Not pondering actually, I have my mind made up on that. I agree though, this thread hasn't really gone anywhere. I actually found the answer to my original question in an article about PTJ.. I'll be starting a journal soon enough. I'm going leave a clean chart running in the background and...

Makes sense

You make money when you buy? Am I missing something?

I'll probably just compile everything at the end of the day and post it all with my end of day self-analysis. I know some folks will question my integrity, but others' opinions aren't my concern with a journal. @NVP: The NVP Intoxication Foundation? Not trustworthy enough.. I've heard they lose...

I'm risking between 1.5% and 2.5% per day. I haven't backtested or run the numbers on the third trade so I may end up pulling that one from the mix, which would drop it down to 1.5% max.

Opening gap yes, the other two no. The third may or may not be a breakout, but that isn't always the case.

Got teeth, eh? I say lets just let Mr. Fox's journal speak for itself. I plan on doing the same thing BTW, but I won't be posting trades before they take place.

I'm not really revealing anything specific about my signals, so I don't really feel like it's a problem. When you gonna start a journal?

11% would be on very good day catching two decent turns.. Averaged it works out to about 3.5% per day. Still not bad by any means, but not quite as impressive as your 5-8% (would love to see that in action :thumbsup:)