Recent content by Ymir

Thanks for the reply and openness. I guess holy grail is kind of a loose and subjective term, but I suppose it would mean the ultimate form of trading with both the highest profits and consistency possible. Something which might exist, but most likely only in the minds of the beholder. This...

I read the definition, what reminded me of the paradox is (and I fully admit I don´t know the logic behind the paradox yet) that somehow gains are preserved and prevented from slipping back. As is described in the method, you can go 3 ticks up, or really any number of ticks, but only 1 tick...

I guess my view on this was misguided. But assuming a discretionary trader can have a reasonable edge on the market, this would mean he has more insight into what the market is going to do next then the market as a whole. How do you derive this edge from a market dominated by computers? I can...

I can somewhat symphatize with the skeptics asking for hard facts, because no doubt there are people with empty words. But I can only give my view on John and my feeling towards what he is saying and I feel like what he is saying harbors a intrinsic truth. I am probably still way off what he is...

I have little doubt you are profitable at your trading and you trade without knowing why or even who is trading. But let´s assume there is one trader in the market and he buys shares because data has come out that shows sales have gone up. Knowing this buyer and knowing his reason for buying...

I disagree, if you don´t know why the market is going higher, then you don´t know when it will stop going higher and when it will go lower. The whole reason for a trade should be that you know something will happen in the future or at least think it is likely to happen more than 50% of the time...

Hi everyone, I was thinking about what the future would be for discretionary traders and if there would be one, in the light of the growing numbers of computerized algorithms at work in the markets. I rather quickly came to the conclusion that I am not smart enough nor nearly have enough...

So just now, price shot up 2 minutes before 14:00 CET, which is I believe the ECB price fix time. However I don't get the idea behind price fixing and why price can move because of it. My understanding goes as far as that there are different price fixes throughout the day, by different...