Search found 536 matches

by eudamonia
Tue Dec 14, 2010 12:12 am
Forum: beginners forum
Topic: Know your opponent
Replies: 21
Views: 6518
Gender: Male

Because any type of artifical intelligence in trading is artificial and ultimately based on human psychology.

Fear and greed still rule the markets, day in and day out. Computers don't change that.
by eudamonia
Wed Dec 08, 2010 11:53 pm
Forum: general
Topic: The "Secret" Ingredient to Trading Success
Replies: 3
Views: 1232
Gender: Male

Yes that is a good point Avery. It is indeed important to understand your indicators (instrument panel). However, we don't let computers fly solo (at least not the important parts like take off and landing) without human assistance for a good reason. Indicators/instruments can be fooled (http://scie...
by eudamonia
Wed Dec 08, 2010 7:53 pm
Forum: TheRumpledOne
Topic: THEY SAY IMITATION...
Replies: 6
Views: 3537
Gender: Male

They won't acknowledge your influence but you are like the internet Avery - everywhere! Bwahahaha.
by eudamonia
Wed Dec 08, 2010 7:50 pm
Forum: general
Topic: The "Secret" Ingredient to Trading Success
Replies: 3
Views: 1232
Gender: Male

The "Secret" Ingredient to Trading Success

I'm going to post a response based on a PM I received today about wanting to know how I trade. So for those that are curious here is the "secret" ingredient: My breakthrough was when I got focused on market context as opposed to individual setups. Reading the key support and resistance lev...
by eudamonia
Tue Dec 07, 2010 11:15 pm
Forum: strategy trading & money management
Topic: Implementing The Buy Zone in the Public Eye
Replies: 47
Views: 12384
Gender: Male

http://www.tickquest.com/

They are a trading platform similar to Ninjatrader, Metatrader, MultiCharts, etc. The foundation of the program is C#.
by eudamonia
Fri Dec 03, 2010 11:32 pm
Forum: beginners forum
Topic: 70% Account Drawdawn.
Replies: 197
Views: 31983
Gender: Male

Mo, Having started as a grain trader I can tell you that you have some frikkin steel balls trading even 1 lot of gold on a $2k account. The guy who taught me how to trade loved trading Soybeans and would often run a small $10k account up to $100k in a single season. But it took a bit of luck and who...
by eudamonia
Fri Dec 03, 2010 10:38 pm
Forum: TheRumpledOne
Topic: ProchargedMopar's Trading Trilogy
Replies: 5386
Views: 429675
Gender: Male

Pro - There is no shame in that. Success in this business takes a great deal of time. For several years I was in a 1 step forward 2 steps back mode, then slowly transitioned from 2 steps forward 1.5 steps back and am only now getting to the point where I feel like I'm trading reasonably well. Howeve...
by eudamonia
Tue Nov 30, 2010 6:47 pm
Forum: beginners forum
Topic: 70% Account Drawdawn.
Replies: 197
Views: 31983
Gender: Male

When you take risks you can't afford it is inevitable that you will experience emotions of guilt, fear, and self-betrayal. These emotions are not your enemy or something to be avoided. They are trying to provide you with useful information. Will you listen? When you trade within your risk tolerance ...
by eudamonia
Mon Nov 22, 2010 11:30 pm
Forum: TheRumpledOne
Topic: A DIRTY RAT!!
Replies: 16
Views: 7579
Gender: Male

OMG that's too funny. What a snake oil salesman!
by eudamonia
Thu Nov 18, 2010 11:58 pm
Forum: beginners forum
Topic: Turn on Your Experience Indicator
Replies: 3
Views: 1281
Gender: Male

Turn on Your Experience Indicator

I thought I would share my response to a recent PM since it may benefit some other beginning traders. Essentially the new trader asked me if I trade the rat setup. My response: I trade based on the thousands of hours of experience that I possess. Nothing more nothing less. Do I look at rat setups wh...

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