Are you a trend trader or a counter-trend trader? 29 replies
Baby pips style academy for other financial markets? 6 replies
from retail trader to full-time trader 17 replies
Discipline Trader and Voice Trader EA/IND 16 replies
Disliked{quote} I get what Cat is saying, and I agree, but I don't understand your point to the extent that it differs.Ignored
Disliked{quote} LOL!! you want to conclude right at the moment is becoming interesting......let me tease you one more time: you agreed that market is not random....this is a great point.....now I tell you this: if market is not random, there must be a scheme; for how complex it could be it is a scheme. Now, once you know the scheme you do not predict anymore, you know; the only reson you cannot know with absolute certainty is that market is alive, so that is the scheme. What can happen is that the scheme changes just after your entry, but if your entry...Ignored
Disliked{quote}{quote} Awesome description ! That's trading right at the eye of the storm that I refer to earlier. Unfortunately, many traders are full of fear right at this juncture which causes them to freeze up and makes them miss good trading opportunities when this window is open for brief moments.Ignored
Disliked{quote} If you meant having a bias outside of the 'scheme', thereby making us unable to see the 'scheme', you have a point there.This will apply to those who have not developed their method to look at the market through the scheme, then they are prone to develop a personal market bias.Ignored
Disliked{quote} If you meant having a bias outside of the 'scheme', thereby making us unable to see the 'scheme', you have a point there.This will apply to those who have not developed their method to look at the market through the scheme, then they are prone to develop a personal market bias.Ignored
Disliked{quote} ok, you are on the point. Now the matter is what does mean fro you to see the scheme? because if you really see it, there is no more point to simply speak of bias. I mean, bias is something that is always out of the scheme; when you see the scheme you are far beyond from just a bias.Ignored
Disliked{quote} This is the right question, Cat....unfortunately is very private so I won't answer on it. However, if you came up to this question, you might have the insight to find the answer.... BTW.. a great book by Napoleon Hill {image}Ignored
Disliked{quote} I'll leave it with you then. Yes, it is a great book with just one key message contained within - make your goals in life all consuming, set your sights, and stop at nothing until you have achieved them.Ignored
Disliked{quote} yes -leave it with him. Cat -do you use standard TA, such as Pins and outside Bars etc, when trading the Dax (I am referring to one minute charts)?Ignored
Disliked{quote} No, the market is far from random as you say. The 50% rule applies only to gambling. As a trader, it depends. If you are a trader with a 50% win/loss ration then the net % in your favour is zero, from which you can still make excellent money provided your wins are bigger than your losses. But if your wins to losses over a given period stands at say 68%, then that is the game you are playing, with 18% in your favour. We can never know whether a trade is going to work out, but we can be 100% sure in ourselves that we are going to take the...Ignored