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I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
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So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
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I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
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Unfortunately, trading the markets incurs losses.. there is no way about it.. trading is the art of managing losses. As a new trader or someone learning to trade, you will feel a lot of emotions when you lose money and these emotions will be counterproductive to you making money from the market. It's a funny thing trading psychology... we have evolved as human beings to be completely crap at trading which is why it's so difficult to do. However, personally, I've found trading to be extreme
November 13, 2013
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Today I was have a quiet and thought I’d play around with the binary markets. They have 5 minute binaries which can even make the most boring quiet market days really exciting. With binaries, the market goes from 0 to 100 and in 5 minutes, it’s can traverse from one extreme to the other.
However, any short term market.. and especially a very short timeframe such as 5 minutes, you’re practically dealing with ‘noise’ and therefore, randomness. There’s no skill in this, it’s ju
October 31, 2013
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My first thought is that new traders should start off with the longer timeframes… shorter timeframes are extremely stressful and a quick way to lose money particularly when you’re starting out. That’s not to say that it’s not possible but the likelihood that you will burn out is greatly increased if you run before you can walk.
Trading the Daily timeframes work better as there’s less ‘noise’ in the markets.. you’ll see less signals but the moves should be bigger and you igno
October 29, 2013
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