- Search Crypto Craft
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catiron replied Apr 5, 2020TOTB looked to "rock" when the markets were going COVID crazy. Last week, not so much. The fundamental flaw for using long-term is that winners are consistently smaller than losers, which ultimately relies on an unrealistically high win percentage. ...
Trade Outside the Box (TOTB)
- catiron commented Oct 31, 2018
Despite recent tax cuts (actually, because of recent tax cuts), federal income tax revenues are currently at all-time highs. Yet the deficits continue. We have a spending problem, not a revenue problem. There is no logic to her belief in raising ...
Yellen says rising deficit is unsustainable: 'If I had a magic wand, I would raise taxes'
- catiron commented Jun 15, 2014
The only validity of fibonacci is 1) self-fulfilling prophecy or 2) pure coincidence. The numbers are not "magic".
The Rabbit Hole of Fibonacci
- catiron replied Dec 3, 2013
Not all pairs are tradeable all the time -- SELECTIVITY. And EUR/USD is often a poor choice.
The one reason that trumps all other reasons why traders lose
- catiron replied Sep 1, 2013
Now this is an interesting concept. And it doesn't require risking half your account on every trade. In fact, at a reasonable profit level, you could go to break even, set TP at 500 pips and go on about your business. Perfect for a second, "fun ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- catiron replied Aug 25, 2013
The dream/fantasy of day trading for quick riches starting with little capital is the reason the "95%" can't get ahead. Their expectations are too high. Patterns aren't reliable, there are too many false signals, spreads are too large, news releases ...
How difficult is it to find an effective daytrading method?
- catiron replied Jul 23, 2013
I ran across this thread a few weeks ago and am very interested long-term position trading. pipEASY's method of trade management is like nothing else I've seen. However, I am in the US and struggling to figure out how to implement without hedging ...
Building an equity millipede
- catiron commented Jan 19, 2013
Give me an edge that is PROVEN, or that I BELIEVE to be proven, and all psych issues and mental errors go away. The psych discussions all focus on "fear and greed". The real enemy of the trading psyche is "doubt" or "lack of trust".
Five Things Traders Do to Destroy Themselves
- catiron commented Jan 19, 2013
With mini and micro trading accounts, "lack of capital" is nearly a non-issue. A system with positive expectancy and proper compounding will succeed whether starting from $100 or $100,000. The true and underlying difficulty in trading is ...
Five Things Traders Do to Destroy Themselves
- catiron commented Jan 15, 2013
The man IS hilarious ... and Stewart's pretty funny, too.
Jon Stewart Fires Back At Paul Krugman: 'If Somebody Is Ruining Their Brand' With The Trillion...
- catiron replied Jan 10, 2013
What does this mean? I can't visualize what you are describing here. Which candles wicks, relative to the entry? Enjoy the thread -- keep it up. Thanks.
Ramblings of a Forex Junkie
- catiron replied Jan 7, 2013
In total agreement with your first two "truths". Accept losses and trade from a clean chart. Looking forward to more.
Ramblings of a Forex Junkie
- catiron replied Dec 17, 2012
LOL - It cracks me up when people rip on CP! The frustration they feel because he JUST WON'T GIVE IT AWAY. It's amazing. Pretty sure that he said from his earliest posts that he will never reveal his method. So if you're reading just to see if he ...
Extracted Thread (per thread starter's request)
- catiron replied Sep 22, 2012
It's disproven because I can, in fact, travel from New York to LA. It's disproven because I can, in fact, move a fork full of food from my plate to my mouth and into my stomach. It's disproven because the EUR/USD was, in fact, north of 1.60 four ...
The Illusion of Motion
- catiron commented Sep 16, 2012
This stop-loss advice is all over the web. Lots of people follow it. Most of them still lose. Why is that? Hmm ...
The Small Stop Loss Fable
- catiron replied Sep 7, 2012
Referring back to the thread's original post, I've got a thought on pi and how CP might see its relation to trading. On its face, pi appears to be this mysterious and grand number. It is infinite. It is important. It holds secrets we can barely ...
Extracted Thread (per thread starter's request)
- catiron commented May 11, 2012
Wait a minute ... I thought all the rich guys wanted to pay MORE taxes! What will Warren and Bill think?
Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO
- catiron replied May 5, 2012
CP, there appears to be a conflict between the "number 1 and golden rule" of following the trend and your more advanced methods of trading -- with "no historical data", no charts or indicators, or that within a single period's OHLC, "you possess a ...
Extracted Thread (per thread starter's request)
- catiron replied Apr 16, 2012
You all can argue about the technicalities, but FOREX is more or less a zero sum game. x dollars in, x dollars out. As for the question of 95% losers, consider the math. For every successful trader who makes $100,000 a year, there are a hundred ...
Zero Sum Game - Debt