Recent content by herr

There is a secret edge, a holy grail. No doubts about that. I am the stupid that I didn't find it. This is a game between stupids and intelligents, and I was always in the side of the stupids.

I decided to abandon day-trading. It`s not for me. This is for those who knows the "holy grail", without that is imposible to be consistent everyday. Sorry for my pessimism, but this is a business. If you don't win, you have to abandon it.

I don't finish to understand if trading involves subjectivity or not.

To be honest, no. I would need 200 samples (200 days).

I did 5 trades. One target and four stops. My stop with this model was -10%. Now I think the same as you. Discipline is not to be a robot.

Leading indicators don't exist. If not, all would be rich.

There you can be wrong too.

All the books say "Trade with the trend"....so, I am trading with the trend.

MACD is a lagging indicator, OK. Do you know any indicator that tells me what is going to happen in the next hour ?

OK, by now, I am: 1-Nov... Stopped 2-Nov... Stopped 3-Nov... Stopped 4-Nov... Target 5-Nov... Stopped I am losing 0.36%. I will see what will happen in the next days.

If you throw a coin 200 times, you will probably have 92 "fronts" and 108 "backs" (I don't know how to say it correctly in English), something near to 100-100. If you continue doing that for another 200 times, you will probably obtain again something similar to 100-100. But in trading is...

Shakone, I know that you will never have 100 % certainty. But the best traders in the world succeed because they "knew" in a certain way that their strategy would continue working. Trading is not the casino.

Thank you.

Prototyping is trading without clicking "Submit" to an order ? Only to see the price at you would have entered a trade ?

Ok, but I cannot wait seven years. It is a lot ! Something shorter ? I think a year is adequate for a single stock. Out of 250 days, if you are right in 100 and wrong in 150, you will have, according to my strategy: 100*1.5= +150 150*0.5= -75 It is a 75 % return. Think about a binomial...