Just because no one has found the "Holy Grail" indicator does't mean it does't exist does it? Maybe there hasn't been anyone born yet that is clever enough up until now to create the perfect trading system.You will never find the perfect mathematical solution to stock market returns. If it existed the stock market would fail because everyone would be following the same set of rules and then trades could never take place - every share trade, index trade, FOREX trade etc. etc. needs a buyer and a seller.
In addition there are other factors which upset the calculations e.g. unexpected world events, better or worse than expected data etc.
If you can find technicals / signals which work for your set of circumstances and trading style more times than they fail, that is the best you will get, and in fact, that is what I believe investors should aim for.
How many times in history have people said it doesn't exist especially things to do with the universe and then they have been proven wrong by science?You will never find the perfect mathematical solution to stock market returns. If it existed the stock market would fail because everyone would be following the same set of rules and then trades could never take place - every share trade, index trade, FOREX trade etc. etc. needs a buyer and a seller.
In addition there are other factors which upset the calculations e.g. unexpected world events, better or worse than expected data etc.
If you can find technicals / signals which work for your set of circumstances and trading style more times than they fail, that is the best you will get, and in fact, that is what I believe investors should aim for.
You tell 'em!Just because no one has found the "Holy Grail" indicator does't mean it does't exist does it? Maybe there hasn't been anyone born yet that is clever enough up until now to create the perfect trading system.
Let us know if its any good.Just received the book I ordered from eBay - THE DELTA PHENONENON or THE HIDDEN ORDER IN ALL MARKETS - by Welles Wilder.
Just received the book I ordered from eBay - THE DELTA PHENONENON or THE HIDDEN ORDER IN ALL MARKETS - by Welles Wilder.
Markets repeat directly or inversely . . .
Short Term Delta (STD)
A. every 4 revolutions of the earth, that is,
B. every 4 days.
Intermediate Term Delta (ITD)
A. every 4 revolutions of the moon around the earth, that is,
B. every 4 lunar months.
Medium Term Delta (MTD)
A. every complete tidal cycle, that is
B. every lunar year.
Long Term Delta (LTD)
A. every 4 revolutions of the earth around the sun, that is,
B. every 4 calendar years.
Super Long Term Delta (SLTD)
A. every complete total interaction of the sun, moon and earth, that is,
B. every 19 years and 5 hours.
Rotation
A. All Delta turning points from Point (2) till the end of the series maintain
a high/low or a low/high rotation.
B. This rotation may change in an Inversion Time Window.
Inversion
A. A change of the Delta high/low or low/high rotation.
B. An Inversion can only occur in an Inversion Time Window (ITW).
Inversion Time Window (ITW)
A. A period of time that repeats with an exact frequency.
B. The ITW begins with the last Delta turning point in the previous
series and continues until the second turning point in the new
series.
C. The ITW is the only place in time that an inversion can occur.
In-Between Point (IBP)
A. The IBP is an extra point in the series which may occur only in the
Inversion Time Window.
B. The IBP may occur on either side of Point (1) thus causing an
inversion resulting in a change of rotation.
C. The IBP may also occur on both sides of Point (1) thus causing two
inversions which result in no change of rotation.
Series
A. The number of Delta Turning Points beginning with Point (1) and
ending with the last point in the series.
There is a Delta Phenomenon thread here at T2W, curated by 2be.
It's easy to trade big with paper, what was the risk on this trade?Set up a new £50,000 Trading212 practice account the other day. After the close of the Dow Jones yesterday my "Holy Grail" indicators were signalling a possible fall on the Dow Jones today. They were not giving me a definite "sell" signal but I went with my "gut" instinct and experience in reading charts. I am trading the futures. Dow was down about 200 points so I closed my "Short" position and took my profits. I closed 150 CFD contracts with a profit of £22,229.09.
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There was no risk, God had his back. 😄It's easy to trade big with paper, what was the risk on this trade?
That's the whole point there is no risk. It is to tests my system out under real trading conditions and to see how it performs. If my system fails I can just reset my account and use a different strategy until it works. Why would I be so stupid as to use real money to test my "Holy Grail" indicators out? Also a practice account helps you to learn to trade without fear and without emotions. Using real money would be "suicide" at this point in time. I'm not bothered about making real money. All I want to know is if my system is consistent in making profits.It's easy to trade big with paper, what was the risk on this trade?
By risk, I was referring to the size of your stop loss in relation to the size of your account. If you're just testing out a system, why are you bragging about 'making' £22K. Plus, you weren't actually testing your system because by your own admission, the trade was taken by 'gut instinct'!That's the whole point there is no risk. It is to tests my system out under real trading conditions and to see how it performs. If my system fails I can just reset my account and use a different strategy until it works. Why would I be so stupid as to use real money to test my "Holy Grail" indicators out? Also a practice account helps you to learn to trade without fear and without emotions. Using real money would be "suicide" at this point in time. I'm not bothered about making real money. All I want to know is if my system is consistent in making profits.