Both the sites have pros and cons. Elite is more focused on US emini trading while trade2win focuses much on FX. My suggestion is to read both of them. [Link removed]
surf
hi kiwi,
reason being one is dealing with ever changing psycles in trading, unlike business which is generally based on more concrete and easily replicated stimuli.
best,
surfer
here's the best pattern software i have seen:
combining quant, FA and TA
--------------------------------------------------------------------------------
combining the three methods makes some sense, but what does this effectively in an affordable package? i have found www.yourika.com tymora...
combining quant, FA and TA
combining the three methods makes some sense, but what does this effectively in an affordable package? i have found www.yourika.com tymora trader to be excellent in this regard. tell me what you think !
surfer
please note, i prefaced my random number statement with "within the parameters of an average stock price movement within the day". not random without parameters.
surfer
hey rouge,
sorry you misconstrued my post. trading is a negative sum game due to the vig or commission. zero sum implies that you only will lose what is risked on the event----actually, when trading, one losses more than what is risked due to the vig making trading a negative sum game.
zero sum??
first, trading is actually a negative sum game. you always lose more than the amount risked and make less when you win due to the vig or commission. the question here is not FA or TA as FA falls on its face often as we saw in grand fashion during the internet boom. the market is a...
hey socrates,
you are a good writer, i enjoy reading material! Have you read "Winner Take All" by Gallacher regarding TA? I am not baffled nor confused by TA but merely question the validity of something that can not be tested objectively and relies on the past to make decisions into the...
Ta ?
having worked with TA for a number of years, i have found that it has limited use and only as a form of an art rather than a science. the main patterns are not even quantified outside of the work of dr. andrew lo http://www.fenews.com/fen26/lo.html of MIT therefore its difficult to test...