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  • #2,201
  • Jul 21, 2021 11:27am Jul 21, 2021 11:27am
Quoting trickshady
{quote} You are a funny dude Techanalyst...I mean Fundanalyst lol. Seriously change your name to reflect your beliefs. Let me tell you EXACTLY what moves ANY market. In its most fundamental form, what moves the market is LITERALLY people buying and people selling!!! ROFL
  • #2,202
  • Jul 21, 2021 11:34am Jul 21, 2021 11:34am
Quoting Techanalyst
{quote} No.
I am very interested to know why do you think people buying and selling does not move the market
  • #2,203
  • Jul 21, 2021 1:17pm Jul 21, 2021 1:17pm
Quoting trickshady
{quote}...In its most fundamental form, what moves the market is LITERALLY people buying and people selling!!! ROFL
You are correct. But I think what he is getting at is what moves people to buy or to sell. In other words, the psychology behind the action.
Learn from your mistakes and march on.
  • #2,204
  • Jul 21, 2021 1:41pm Jul 21, 2021 1:41pm
Quoting gepards
Why risk/reward 1/7? Yea, good results in the previous 8 years. No other reason. Why not? If that worked in 8 years more than 100 times... Trailing not worked so well... fixed SL/TP works the best in long term. Deals are opened shortly before markets closing. Therefore small SL. Bet on gaps. History show for good companies stocks gaps % more in positive way. Why not to use as an advantage?
Today first profitable deal for FB buy the dips - added 8.3% to account - see here Trade Explorer attached - all exposed. The deal was opened exactly 48 hours.

Actually, risk/reward here for this EA is a bit different - on average ~1/4 and it is floating from ~1/1 to ~1/8.
  • #2,205
  • Jul 21, 2021 2:15pm Jul 21, 2021 2:15pm
What a thread!

Techanalyst is using fundamentals only and hate technical analysis.
gepards just promoting his ea with no relevant posts.
PeterCaleb claims he earns 5-6% daily.
One guy (sorry forgot your userame) never trade for living but want to prove (?) all that tech analysis rule.

And finally we got a guy who asking about options!

Full house!

If continue then there is a chance to open a portal to hell
Observer effect
  • #2,206
  • Edited 2:36pm Jul 21, 2021 2:24pm | Edited 2:36pm
Quoting ryuryu
gepards just promoting his ea with no relevant posts.
posting real audited trades results. you posting no evidence of your knowledge. Just talking about imbalance... show your TE then say "no relevant posts". I explained in previous posts how I trade stocks buy the dips. I back up my talking with 8 years history and now forward test with real trades and show all exposed.
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ryuryu - I explained buy the dips strategy I use for stocks in very details in my previous posts. I do not use timeframe - just %. Anybody can see how simple strategy it is. And now I show real results - as evidence.

Where is the problem?
  • #2,207
  • Jul 21, 2021 2:39pm Jul 21, 2021 2:39pm
Quoting ryuryu
What a thread! Techanalyst is using fundamentals only and hate technical analysis. gepards just promoting his ea with no relevant posts. PeterCaleb claims he earns 5-6% daily. One guy (sorry forgot your userame) never trade for living but want to prove (?) all that tech analysis rule. And finally we got a guy who asking about options! Full house! If continue then there is a chance to open a portal to hell
I never said I hate technicals. Stop talking out of your behind "day trader".
  • #2,208
  • Jul 21, 2021 2:48pm Jul 21, 2021 2:48pm
I am not a expert like many over here but seems to me that eight years of HISTORY do not determines the future... what happened gone, future is not based on statistic ... it makes only good feeling that you have chance if you are lucky...
Let me please turn your attention to the following fact, statistic and probability are different stories ...
Green Pips
  • #2,209
  • Jul 21, 2021 2:57pm Jul 21, 2021 2:57pm
Quoting BlackNapkins
I am not a expert like many over here but seems to me that eight years of HISTORY do not determines the future... what happened gone, future is not based on statistic ... it makes only good feeling that you have chance if you are lucky... Let me please turn your attention to the following fact, statistic and probability are different stories ... Green Pips
it might be true for curencies but stocks are different story. we talking here about blue-chip companies (TOP30 world companies like FaceBook, Microsoft, Google, Amazoon, Veryzone, Apple etc). Very rare might happen that big corporation from DOW index tanks - one good example is General Electric. Yes - shit might happen. Therefore diversify and follow up yahoo finance or finviz on companies news. In case trouble with corruption or TOP managers leaves (or problems) then maybe go away of that company stock trading.

The bet here is that those corporations will always grow (at least 10 years from now). When the stock price is "too high" - a split would be done.

Yes, might and will happen 30-35% all stocks crash frequently. But then anyway recover and go up.

8 years history show best SL/TP ratios and best % of dips and best % when averaging next level (still use SL - but yes averaging, so safe approach, capital protected). without history - you are blind. you dont know when better to enter and when exit.
  • #2,210
  • Jul 21, 2021 2:58pm Jul 21, 2021 2:58pm
Quoting BlackNapkins
I am not a expert
Not an expert too. Just remember the book "turtley way" or smth like that. About "great experts". How they f**ed up. They were trading 10 years on bull market, they were writing the books and teaching everyone. And then they lose just everything. When the market reversed.

gepards, what is the purpose for you to show your TE? To impress me? To impress RickM or BlackNapkins? Be honest my friend.

BTW if you wish to track my TE - today I'm -0.26%

Attached Image


Green Pips!
Observer effect
  • #2,211
  • Jul 21, 2021 3:07pm Jul 21, 2021 3:07pm
Quoting ryuryu
{quote} Not an expert too. Just remember the book "turtley way" or smth like that. About "great experts". How they f**ed up. They were trading 10 years on bull market, they were writing the books and teaching everyone. And then they lose just everything. When the market reversed. gepards, what is the purpose for you to show your TE? To impress me? To impress RickM or BlackNapkins? Be honest my friend. BTW if you wish to track my TE - today I'm -0.26% {image} Green Pips!



If they lose everything it means they had mismanagement of risk
  • #2,212
  • Jul 21, 2021 3:10pm Jul 21, 2021 3:10pm
Probability and its rules apply to the universe ... quantum mechanics, or how our world is built, is based on it, and you don't think it applies to stocks?
The nuclear power plant in Fukushima was designed for the largest earthquake and tsunami recorded in Japan, collected data from 100 years ... finally, there is an earthquake like never before ... we do not know the future, even when it comes to stock, something like the butterfly effect can overturn anything..
Stay Well
  • #2,213
  • Jul 21, 2021 3:10pm Jul 21, 2021 3:10pm
Quoting superamigo
{quote} If they lose everything it means they had mismanagement of risk
Nope, read the book. It is really interesting. Very honest book btw.
Observer effect
  • #2,214
  • Jul 21, 2021 3:14pm Jul 21, 2021 3:14pm
So Techanalyst, are you saying its absolutely impossible to make money consistently from technicals alone? I am not talking about day trading.
  • #2,215
  • Jul 21, 2021 3:14pm Jul 21, 2021 3:14pm
Quoting ryuryu
{quote} Nope, read the book. It is really interesting. Very honest book btw.
Saying about books... Nassim Taleb's books are amazing ...
  • #2,216
  • Jul 21, 2021 3:18pm Jul 21, 2021 3:18pm
Quoting BlackNapkins
Probability and its rules apply to the universe ... quantum mechanics, or how our world is built, is based on it, and you don't think it applies to stocks? The nuclear power plant in Fukushima was designed for the largest earthquake and tsunami recorded in Japan, collected data from 100 years ... finally, there is an earthquake like never before ... we do not know the future, even when it comes to stock, something like the butterfly effect can overturn anything.. Stay Well
therefore we use stop losses. When major disaster happens to our company - stop trading it. accept SL. find another horse then.
  • #2,217
  • Jul 21, 2021 3:25pm Jul 21, 2021 3:25pm
i likes the books:
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  • #2,218
  • Jul 21, 2021 3:28pm Jul 21, 2021 3:28pm
Quoting ryuryu
{quote} Not an expert too. Just remember the book "turtley way" or smth like that. About "great experts". How they f**ed up. They were trading 10 years on bull market, they were writing the books and teaching everyone. And then they lose just everything. When the market reversed.
diversify. when earning the first mil $ then put some % in a more safe place like real estate.

Quoting ryuryu
gepards, what is the purpose for you to show your TE? To impress me? To impress RickM or BlackNapkins? Be honest my friend.
what is the purpose FF created the possibility to show trading results? maybe people then can see who "walk the talk" and who just live in fantasies?
  • #2,219
  • Jul 21, 2021 3:32pm Jul 21, 2021 3:32pm
Quoting gepards
{quote} diversify. when earning the first mil $ then put some % in a more safe place like real estate. {quote} what is the purpose FF created the possibility to show trading results? maybe people then can see who "walk the talk" and who just live in fantasies?
I agreed totally about diversify. Never put all eggs in one basket. If the basket drop you will lose all the eggs.
  • #2,220
  • Jul 21, 2021 3:33pm Jul 21, 2021 3:33pm
Quoting superamigo
i likes the books: {image}{image}
The summary of two books is "Never give up and it's not dangerous to use brain"
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