No sleep
No sleep, until I'm done with finding the answer
Edit: Exited pretty early, price would not go lower.
This is an attempt in being aggressive:
Three Charts
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Re: Three charts
Worth to take note of, I believe, for those interested:
http://www.forexfactory.com/showthread.php?p=8547799
TheRealDeal used to post on the millipede thread.
He seems to trade in a similar manner to many at Kreslik (from extremes) and focuses on high R-R values - talks a bit about spotting accumulation which is interesting. He also set positions at BE so may disregard that, maybe comes from what Graeme taught back in 2010.
http://www.forexfactory.com/showthread.php?p=8547799
TheRealDeal used to post on the millipede thread.
He seems to trade in a similar manner to many at Kreslik (from extremes) and focuses on high R-R values - talks a bit about spotting accumulation which is interesting. He also set positions at BE so may disregard that, maybe comes from what Graeme taught back in 2010.
Re: Three charts
Nassim Nicholas Taleb:
https://www.facebook.com/nntaleb
STRONG FILTERING as GENERALIZED FLANEURING
This page is not about finance except when the idea generalizes. Here it helps us connect flaneuring to successes such as those of Buffet.
The best thing is to not have to do anything *as a default*. So one commits in those cases that are way too obvious.
+ No schedule except when you can't do without
+ Have no personal assistant.
+ Have no office, or only use one when strictly necessary.
+ Only write things that you find compelling.
+ Take only those offers that you can't refuse.
---
So I figured out something about the success of Munger-Buffett. It is not in the strategies they run, but in their very, very, very strong filtering.
Simply it is generalized flaneuring. Charlie Munger: "We have no system for estimating the correct value of all businesses. We put almost all in the "too hard" pile and sift through a few easy ones". "Warren (Buffett) talks about these discounted cash flows. I've never seen him do one". (in Tren Griffin's book)
The implication is that the nuances of the "genre" as strategy matter less than filtering. Because of such nonlinearity, Buffett's performance is no longer correlated with that of the strategy.
https://www.facebook.com/nntaleb
- prochargedmopar
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Re: Three charts
jrtrading wrote:Just for the record, in case anyone is reading: I exited the trade above pretty early, couldn't let it run.
This must be fixed Or you will spend years trying to trade.
Trying.
No method or system will ever work.
Sad truth.
You can still have lots of fun though.....
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: Three charts
prochargedmopar wrote:This must be fixed Or you will spend years trying to trade.
Trying.
No method or system will ever work.
Sad truth.
You can still have lots of fun though.....
Thanks for your reply, prochargedmopar, much appreciated.
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Re: Three charts
couldn't let it run
I always say that if you do not know where you are going then how do you think that you are going to get there.
Price moves a hundred or hundreds of pips from one long term extreme or the other; that is to say that the range
will be filled away from your stop loss if you choose your extremes wisely.
My signature reads "minute, hour, day", why is that?
A threefold cord is not easily broken, turn 3 pictures into 1 idea.
- TygerKrane
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Re: Three charts
jrtrading,
Let me take this moment to say that I like what you're doing here in your thread.
Let me take this moment to say that I like what you're doing here in your thread.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
Re: Three charts
TygerKrane wrote:jrtrading,
Let me take this moment to say that I like what you're doing here in your thread.
Wow, thanks TygerKrane
Much appreciated.
Re: Three charts
I have to rewrite the spacewars script so there has been / will be fewer posts due to that.
Re: Three charts
US Dollar index
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