Jump to content


Community Member
  • Posts

  • Joined

  • Last visited

  • Days Won


Everything posted by AndrewS

  1. Here is one Kafkaesque investigation which has resulted in the Lockdown King being issued by Victorian Police with two infringements valued at $200 each for breaching the state's mask mandate on both Wednesday and Thursday this week. https://www.9news.com.au/national/victoria-police-reviewing-why-premier-daniel-andrews-failed-to-wear-a-mask/6714112c-ca22-4538-8f38-57c76b8dea5f
  2. What is true is that some people in Melbourne are stir crazy. By the time Melbourne’s lockdown ends on October 26, it will have spent 267 days in lockdown since the start of the coronavirus pandemic.
  3. ““You can’t just diagnose somebody on the basis of a snap judgment,” Whitbourne said, “but you can see narcissistic qualities.” By appearing to prioritize a phone call over the state mandate, for example, the man in Whole Foods seemed to be sending a message that “I’m above those laws, I’m special, the rules don’t apply to me and I don’t care about other people,” she said.” I reckon most of those engaged in civil disobedience simply think it is nonsense.
  4. Great post! Without planning it I have sort of evolved into a mean reversion specialist on the Dax. The last 90 days on the Dax looks like this for me. Happy to reply to any questions.
  5. A newsletter on the S&P500. This guy is better than I am on turning points. https://www.fxstreet.com/author/Andre-Gratian
  6. http://fxrenew.com/fxr_atr_pivots/
  7. Try to do your own homework, before posting comments which others don’t need to see.
  8. For example, he has 19 trades of winning 1$ and then loses $9.50, netting $9.50. Trade analytics is accessed through MyIG at the top left of the platform.
  9. Return rate=win rate*(profit/loss ratio +1) He is making about twice as much on his winning trades than he is losing from the losing trades.
  10. Welcome to the forum. I have posted several times about the way I trade and you can ask questions. My stats are highly distorted through hedging and scaling and at present are not really changing. Without kidding you I was looking at a 1 minute chart of the Dax at the time Caseynotes posted that chart. Perhaps you could post a link which explains some of the things on your chart or provide a short commentary.
  11. A weekly chart of the EUSTX50. I have my eye on the yearly mid-pivot.
  12. Seasons Greetings to all. My win rate continues to be at the correlation between the Dow and the Dax over the last twenty 15 minute periods.
  13. Writing from limited personal experience I have found that when I agree with Lucifer it is a sign that I should stop.
  14. For me the fees are not really a consideration since I am paying a spread over and over. The real advantage of a decent win rate combined with a higher trade frequency is this. If I were putting on a trade a day with a win rate of 75% then on average I would have 5 losing days in the last 20, but with the higher trade frequency of 14 trades a day I have had no losing days in the last 20 days.
  15. The manner in which I expressed myself was influenced by the third last paragraph of this review. But I was referring to a how a writer on “Insight Therapy” may have unnecessarily alienated some readers while writing about cult-like thinking. https://www.thenation.com/article/archive/reza-aslan-historian/
  16. This may not be on topic, but I am addressing an article that has been linked here. “Finally, like religions, conspiracy theories are, at the core, about community, manifesting our most fundamental tribal impulse—the psychological need to belong, to be part of a well-defined in-group and, by extension, to recognize and fight enemy out-groups. Like religions, conspiracy theories are group phenomena, shared by communication rituals that help adherents manage emotions by, “transforming unspecific anxieties into focused fears.” As in religion, successful (enduring) conspiracy theories produce narratives that are “framed as conflicts over sacred values.” With religion, the false God is never our God. With the conspiracy theory, the menacing shadowy group is never our group. Conspiracy theories are always about ‘the other.’ As psychologist Jan-Willem van Prooijen notes: “the root of conspiracy thinking lies in our ancient instinct to divide the social world into ‘Us’ and ‘Them’ categories.” The same psychological processes that produce God for 'us,' produce conspiracy theories about 'them.'” I have a theory that people who confidently write about “the core” of religions reveal more about themselves than religion. It is a bit like a Rorschach Test.
  17. All the threads are still there for me. Do you want me to save a copy of some threads.
  18. Glad to see your posts at the Indices thread. James16 and company at the Forex Factory had the great phrase “day trading off the daily charts”. That and trading the hourly ranges is what I have been doing recently.
  19. This is a somewhat funny story. About a year ago I saw a review of an automated trading system which I downloaded from a Russian website which has hundreds of pirated systems. The trading system was simply optimized moving averages with a buy the dip strategy and retailed at over $1,000 when it was launched. Anyway the reviewer would scan a number of instruments assessing the market structure and then select those instruments where the automated system would “work”. He gave the system a four star rating because it had a 80% win rate. But the “success” of the system was entirely through the expertise of the reviewer in assessing the market structure of the instruments.
  20. Well I started off with the Boo Hoo and now I am laughing. So thank you.
  21. It is interesting that the OP describes a playbook that is unfolding in this thread.
  22. I have seen it a hundred times, but it still surprises me.
  23. I broadly agree with the OP that learning to trade is a process and there is no off/on switch. In one thread you likened chart reading to reading horoscopes, but for me it is more like reading footprints in the sand. If one footprint has sunk deeper in the sand then there is likely to have been more weight above it.
  24. I fear that my online love affair with the Nikkei may be ending.
  • Create New...