Lord Flasheart
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It clearly wont work in the way you currently have it written down.If it did then we would all be rich by now. Let me say first of all the market is not random. Heres some proof take one min volume spikes on the dow or russ2000 and if taken with trend they are well over 50%.Even without that volume moves the market so there is no randomness in time.The guy who wrote the book about randomness ends up saying that patterns are above 50%. The biggest problem you have with systems like that is the person who operates them. On paper you can build a system to work but it doesnt take into acccount our emotions which will always differ when we are trading at looking at charts in real time.What Zupcon says is right if you just took random trades you would end up with the Zero sum story before dealing costs.The biggest problem all new and many experienced traders have is that our brains are not acustomed to losing money which affects the way we operate any system. As a principle staking plans are very important,but I always ignore them if I see an opportunity that I feel is worth more.
Many many people have driven themselves mad looking for some Holy grail which includes a staking plan and R:R.Also the more indicators you add the closer and quicker you are to a zero sum game. At the end of the day I could sum up this post by saying that to succeed and get an edge you simply have to read the market and be above 50%.Oh and history repeats itself just like patterns
Many many people have driven themselves mad looking for some Holy grail which includes a staking plan and R:R.Also the more indicators you add the closer and quicker you are to a zero sum game. At the end of the day I could sum up this post by saying that to succeed and get an edge you simply have to read the market and be above 50%.Oh and history repeats itself just like patterns