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- raklian replied Jun 22, 2023
Exactly my point. Most people don't want to adapt with the market and they're thinking there must be a holy grail system out there so they're eternally digging.
- raklian replied Jun 20, 2023
They don't share profitable systems. Because they aren't profitable to begin with. By profitable, I mean a system that has a lasting power in terms of decades.
- raklian replied Jun 20, 2023
Take this nugget of wisdom from me. When it comes to making money from the market, if something works well, you can bet your as* it won't last. You are just wasting your life chasing after a mirage.
- raklian replied Feb 27, 2023
IMO, both don't work in the long run if you keep using the same rules. The market is not so rigid as to give us unlimited chances to keep improving our methodologies until we're finally profitable. In reality, we're always chasing it. The challenge ...
- raklian replied Feb 27, 2023
The trouble with lessons is that if we keep taking them we'll never go anywhere.
- raklian replied Feb 27, 2023
The money supply is shrinking through the Fed's quantitative tightening by reducing its balance sheet and increasing the interest rate. In other words, there is a reduced potential for money flows into Bitcoin.
- raklian replied Feb 25, 2023
Of course it is. The hard part is approaching the market with your own out-of-the-box thinking without relying on all forms of traditional analysis.
- raklian replied Feb 25, 2023
True success in trading is to throw out all manner of fundamental and technical analysis including pure price action and then peer deeply into the true nature of the market beyond the candlesticks or whatever metric you use to gauge price movement. ...
- raklian replied Feb 24, 2023
No, it's not that simple. If everyone is able to do it, the market's personality will change and everyone will be paying back with their earlier profits.
- raklian replied Feb 10, 2023
Even if you have the most profitable system in existence, you cannot escape the eventual return to probability equilibrium at which the system loses its edge. This is why great systems invariably burn out at the very end. It is the fate of any ...
- raklian replied Feb 10, 2023
Some of the world's greatest minds work for the banks, after all.
- raklian replied Feb 8, 2023
I'm just going to say this one more time. This is a thread about GBPUSD. Heck, the title is clearly "Cable Update (GBPUSD)" so it absolutely makes no sense to post a USDCHF chart unless it is to annoy some of us. We're not going to respond or ...
- raklian replied Feb 8, 2023
Well, I do think there is a possibility for a new high before reversing to the downside.
- raklian replied Feb 8, 2023
Because I have a short position and it's in my best interest, obviously.
- raklian replied Feb 8, 2023
Dear GBPUSD, make up your mind! And go down!
- raklian replied Feb 8, 2023
I think it'll do a fake above the recent resistance level (or reverse at the same level) and drop from there.
- raklian replied Feb 8, 2023
Then you're a bigger idiot for thinking since very few others do it, you can do it too even though it goes against the topic of the thread.
- raklian replied Feb 8, 2023
That's USDCHF. This is a thread about GBPUSD. O_o
- raklian replied Feb 8, 2023
The pros call it "limiting exposure to volatility" lol
- raklian replied Feb 8, 2023
The only pattern that is reliable in trading is probability which is approximated by how much risk you're willing to take for a certain amount of profit.