A Pro....Pat-Rhodes — A notation from a high frequency trading. Normally an experienced trader is classed in the Horatio Alger group, telling you as little as possible of what they really do and talk around the issue. It's hard to do so in ...

Mathematical reasons why MOST DayTraders & scalpers fail?

In acknowledgement — Dave: P.J. Kaufman wrote "Commodity Trading Systems and Methods" way back in the early 1970's. I imagine you could find a copy at your local library or perhaps purchase at Amazon. The Point and Line Methodology was created ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Sequentiall independent. — Dave: An important trait of the time-series is its sequential dependence, which means the values of successive elements in the time-series are somehow dependent on the values of prior elements. In mathematical terms ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Dave: There is the croupler in a tight red jockstrap — Dave: Evidently you've got a lot to learn. I suggest you try to obtain Kaufmann's "Commodity Trading System and Methods"....and if you can find the book by J.M. Hurst "The Profit Magic of ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Wat's you see's...is wat's you get — Dave: I made a comment elsewhere. Charles Drummond is the guy that came up with the "Point and Line Methodology". Charlie D. is a genius... and the sad fact is that very few people know who he is. The P&L ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Expected this one.... — Megadave 5000.... You are right in part of your argument. Evidently you are not a Point and Line Trader...better known as a P&L'er. I have not only Rene Descartes, but also Balzano and Weierstrauss to back me up. What ...

Mathematical reasons why MOST DayTraders & scalpers fail?

All you scalpers..... — All you scalpers: Right at this moment with Eur/USD.....it's around 10:30 EST. If you know anything about "sitting ducks" (I guess I'm the only one)....the "ducks are lining up in the ticks". Jump up to the ...

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Bobblong: Hearsay? Have you heard of the word "brokers"? They were the ones that revealed the facts.

Mathematical reasons why MOST DayTraders & scalpers fail?

You're right on... — You're right on....and you have a glove that fits your hand. But let me remind you about the "time frames". Again...."if the thing works, don't try to fix it". So disavow any of my comment I make now that may toss a wrench ...

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David: Look at the charts....what do you see? What is at the bottom of that chart? It's "TIME"...no matter if being from the "tick" to the monthly. And the bars on the chart is: the open, high, low and close....all in PRICE. Thus: price=f(t). (Price ...

Mathematical reasons why MOST DayTraders & scalpers fail?

scalping...day trade....long term???? — Many of the traders here on this forum seem to forget what they're talking about. Perhaps if I try to explain something, you'll have a different perspect- ive. Time is broken down to the second (without ...

Mathematical reasons why MOST DayTraders & scalpers fail?

Sorry...no demeaning intended — Mispelling in the title.....it was...my reply is not to demean you...

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Sorry...no demeaning attended — Iib: I would really like your explanation or inform: Who is the one that has come up with this "repainting" word? Explain a bit more so I can take it in context as to its "define", so that I know where it will ...

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Whose opinion and "repaint" verse... — Lib: The tick is the only real time. The moment it changes it becomes history. The real time is the instant the tick appears...and when it changes.....it's history. No matter where in the time ...

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Whose opinion and "repaint" verse... — Lib: The tick is the only real time. The moment it changes it becomes history. The real time is the instant the tick appears...and when it changes.....it's history. No matter where in the time ...

Scalpers Go Here

Rhino — It's amazing how we all are victims of situations that we don't seem to understand. Why?....because we don't understand that Price is a function of time: P=f(t)....better yet: y=mx+b and the chart is a visual behavior of that function. ...

Mathematical reasons why MOST DayTraders & scalpers fail?

That's worse than losing in the market.... — Hanz.. If you were madly in love with your girl-friend...then a loss in the market is nothing. It will take a long time for your heart to get over the pain...for your heart to heal, maybe never. But ...

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Try to understand the time frame — Linuxtroll has the right perspective....in any time frame you can get in as long as you go with the trend. Stop and think this over....the market starts at the open with the tic and ends at the close at the ...

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Hanz:.....you'll find out — Hanz: That's what everyone in all the forums have asked me. Has ever anyone on these forums ever told you not to trade the markets? Of course not. Did anyone ever tell you that more traders have lost their homes, ...

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pivot point...tip — You got an answer from the others on this site. But here is a tip....The pivot point is "imprisoned within the mid 1/3 range". So right in the middle of the range (no matter what time period) is the water line of the pivot. ...

Pivot point help