Hi Landsat, My definition of risk control is above the specific technical system itself. Technical systems are different and person-specific. Matters of scaling in or out will only make sense within the logical framework of the system (only you can ...

Question about oversold levels in oscillators

Point out where I 'cursed people'. It sounds like you are trying to take offense at everything.

Are support and resistance levels predetermined?

Hi Trading-kid, All of those decisions are valid because price can do anything. Therefore, the decision comes down to your emotional acceptance of the outcomes that you expose yourself to. Like that other guy said, decide on what suits you before ...

Is anyone here an institutional trader?

Its funny because a closed mind resists argument and offers no explanations while an open mind invites argument and is open to explanation. Some may also call what you are doing; projection.

Are support and resistance levels predetermined?

They got me out of my live trade just fine when it hit my stoploss.

OANDA Discussion

Hi Venividivici, No indicator is capable of predicting what happens after you pull the trigger. Therefore, what happens after entry depends on your exit strategy and risk control.

Question about oversold levels in oscillators

Very well, I was trying to be nice. Support and resistance levels are not predetermined because believing so is tantamount to believing that the future actions of market participants are predetermined. If this weird belief helps you trade well, then ...

Are support and resistance levels predetermined?

Please explain sir.

Are support and resistance levels predetermined?

Support and resistance levels are not predetermined, you can't even prove that they exist outside of your own minds.

Are support and resistance levels predetermined?

image The New Joy of Sim. Work on your trading using safe simulation studies, thereby neatly avoiding the messy, emotional, organic part. Also, by the same author: Mathturbation - How to Avoid the Emotional Issues by Tinkering Endlessly with your ...

Quant basket trader? I need your help!

> Its a belief.

Quant basket trader? I need your help!

Not the definition of 'belief': Random rules out of the blue.

Quant basket trader? I need your help!

A belief is a belief. A random rule out of the blue is a random rule out of the blue. They clearly mean different things to me but not to you, but then again, our perception differs because we hold different beliefs.

Quant basket trader? I need your help!

Not asking you to guess random rules but rather, come up with a belief, then validate or discard the belief based on observation. You first need a framework of beliefs upon which you base your statistical testing and optimization on. Even objective ...

Quant basket trader? I need your help!

Exactly. If you do have a proven system and you still experience irrational fear it is likely due to holding of a belief that is charged with negative emotions. In such cases, I would recommend reading the works of Dr. Van Tharp. I'll give you a ...

How to overcome the fear in trading!

An 'equity millipede' is the most original way i've ever heard someone describe a pyramid strategy.

Building an equity millipede

If your fear stems from not having confidence in your system why not just perform a backtest?

How to overcome the fear in trading!

Being profitable some times and unprofitable other times is a quality of trading systems. It does not mean that they only work partially or are incomplete.

Can OB and OS levels be traded successfully?

Trading can be as easy or as hard as you make it to be. Successful trading should be effortless. Allow me to recommend a simple IQ and vision test if you want to see how suited you are for the game: url

Is trading really that hard?

You absolutely can sacrifice position for confirmation. You also can sacrifice confirmation for position. These are emotional decisions and not technical ones. Therefore, the correct answer is different for each person.

Continuation signal following large retracement