Recent content by verial

  1. verial

    Mentors and Intra Day Traders

    How refreshing. I’m always surprised to meet someone who’s so objective about the market and the possibility of success. As you point out, success is more than a trading strategy; it’s the control over your own psychology.
  2. verial

    Trading Systems How to Tell if a Trading Strategy Works

    Only two things are necessary: Explainability: If you cannot explain the trading strategy’s success with group psychology, you are unlikely to be working with something real. You could be overfitting. Live trading: If you can make money with it consistently, it works. Use a brier score to...
  3. verial

    Can I trade mostly based on technical analysis?

    I started out using 100% technical signals. I was profitable. You can do it. However, when I added fundamental signals, my accuracy increased. Sometimes, ignoring fundamentals can help you cut through all the junk info out there. However, sometimes you miss important details that could make or...
  4. verial

    Less is more strategy

    In December, I was traveling in Korea. I told myself I wouldn’t watch the market and trade every day, like I usually did. However, I couldn’t resist placing two trades. Both were big winners. I realized that it was the high probability of being right that pushed me to break my rules and make a...
  5. verial

    What got you into trading? Reason/Why

    I met a guy who made enough money to last a lifetime playing put options during 2008. I wanted that. He taught me. Nuff said.
  6. verial

    Few questions from beginner.

    I was going to type something up, but I already made a couple videos that say everything I'd want to say:
  7. verial

    starting balance question

    Try a demo account with the amount you plan to invest. See if you can profit on that demo account before you play with real money. Alternatively, get into stock options. You can start safely with $3,000 (see my thread on how I did exactly that).
  8. verial

    For Newbies: Why Indicators Don't Work

    You seem like a genuine person. The fact that you've used indicators before trashing them means that you're legit. My only question would be how you chose those indicators. I think too many people hear of indicators and start using them without performing any research. One should always look...
  9. verial

    For Newbies: Why Indicators Don't Work

    How is this even a topic. The facts: 1. If you are using a made-up indicator with no statistical backing, yes, it's as good as a coin flip. 2. If you are using indicators with actual research behind them and apply the to the right market, they work for you and allow you to beat the market...
  10. verial

    Would you be happy with 15% a year?

    I'm running through the calculations this week for my subscribers. Some stats: The max loss was 17%; the max gain was 122%. The average loss was 7.7%; the average win was 34.9%. Average return on all trades was 21%. Cumulative annualized return is 208%. I started back in November.
  11. verial

    trading from home/on the side for how long?

    I was trading for 5 years (position trading) before I decided to get serious. In my first couple months of moving from stocks to options, I was making an income that would allow me to sustain myself in Taiwan (granted, the price of living there is lower). Make sure you have a reliable trading...
  12. verial

    Which Broker for Forex Beginner?

    I just made a low-quality video on this subject! https://www.youtube.com/watch?v=KMLn-czoyZM
  13. verial

    What kind of car do you guys drive?

    It's like a mutual fund. I only pay for a small portion of the fuel, but I get to leverage that fuel for a full ride.
  14. verial

    NLP Therapist/Coach in London

    My Master's degree is in psychology, and - not to burst your bubble - but the psychology community has long dismissed NLP as a pseudoscience. If you're going to spend money on improving your trading, NLP's not a good investment. Take that money and randomly buy stocks and you'll gain more than...
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