Kreslik.com - traders community since 2006

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.

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...

They won't acknowledge your influence but you are like the internet Avery - everywhere! Bwahahaha.

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...

http://www.tickquest.com/

They are a trading platform similar to Ninjatrader, Metatrader, MultiCharts, etc. The foundation of the program is C#.

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...

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...

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 ...

OMG that's too funny. What a snake oil salesman!

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...