Massive selloff in commodities as funds get shifted to tnotes on risk aversion. image

james16 Chart Thread

As markets get more efficient, exploitable edges are increasingly rare and get arbitraged out in seconds (if that). Alot of plays that used to be highly profitable no longer are. But, in the same vein, the (over)response to those open up new ...

james16 Chart Thread

There is a 'forex' tab right under 'order types and products' on their front page. --------- Forex trading Gain access to over 100 different currency pairs. ---- I use TOS for options, have for years. No complaints whatsoever, although personally ...

james16 Chart Thread

He knows I'm kidding

james16 Chart Thread

what about R:R? What does this acronym mean? Why does someone else's chart look different? How do I post a chart? I swear, this thread would be like ten pages long if people just read it.

james16 Chart Thread

Nope. Show me that setup a hundred times, I'll pass a hundred times. Never claimed to know which was price was going to go, just that there wasn't enough information to make an informed call. Hence, an easy miss. I AM NOT HAPPY WITH YOUR FREE ADVICE ...

james16 Chart Thread

We seem to have gone from Liberace to Playboy in the space of a page or two... with a detour through floppy disks. DISKS. Fridays

james16 Chart Thread

You are focused on the wrong thing. RR is meaningless. EV is essential. Focusing on high RR trades is as bad as focusing on high probability trades. Both will send you broke in isolation. And either way, increasing your account % is the worst option ...

james16 Chart Thread

Sure. On my j16 stuff, a touch over 26% over the last financial year. But I also only traded lightly for the first two quarters, then very lightly for the next Q, then not at all for the last Q. So I kinda got lucky that I had a few big runners and ...

james16 Chart Thread

No, I think you misread what I said. It's entirely realistic to go from 3k->100k. If you were patient enough and used proper risk management. You arent coming up against any kind of ridiculous limits (like all the available money in the entire ...

james16 Chart Thread

It's at a nothing location, headed straight into obvious support, your trendline is meaningless, its clearly just a retracement on the previous bullish bar and its in a sideways market. I havent even bothered looking at what the pair is. That's an ...

james16 Chart Thread

lol. No. By that logic, I should be able to retire with over $500bn. And, assuming I dont spend too much or kill myself driving my rocketcar, I should be able to leave my kids over $100,000,000,000,000,000 (that's a hundred quadrillion) when I die. ...

james16 Chart Thread

The problem here is that there are a number of assumptions that go into that simple statement. We inherently assume two things: Statement: this method is profitable when applied correctly Assumptions: there is a single method and a 'correct' ...

james16 Chart Thread

haha. I feel like slightly less of a degen now that I know I'm in good company

james16 Chart Thread

pfft, 5.25" was a massive upgrade for me and my Commodore 64. It was all about the cassette tapes

james16 Chart Thread

POST FLOOD! Maybe the solution is to not take shitty trades. If you know they suck and you take them anyways... well, the problem isnt with your risk %. Anyone who increases their position size as a % of their account without knowing the EV, mean ...

james16 Chart Thread

This is true. It will just take a longass time. And, since time has a value, most people are actually losing money, even if they are marginally ahead. There was a story in some trading magazine about some woman who managed to turn $1000 into $25,000 ...

james16 Chart Thread

This isn't directed at you, more a general comment on something I see a lot (here and elsewhere). People love thinking that the only thing holding them back is 'psychology', and if they just work on 'the mental game' then they would suddenly be ...

james16 Chart Thread

Anyone who manages to crack a hundred posts per hour gets a lifetime free pass as far as I am concerned

james16 Chart Thread

Some people are masochists. I love Bemac posts because he is the only person in the world who uses more punctuation than I do.

james16 Chart Thread