I thuoght we could make a poll, where people vote on what kind of strategy they use most. For example what kind of tecnical indicators that you mostly use. What price action strategy etc. I'm not too knowledgeable of all the strategies. But if people could namedrop them here,maybe I, or someone else can arrange a poll.
Since this is a big forum, i thought the poll could get many votes and be useful. What is the benifit you may say? We know that many stragies become useful because they become fulfilling prophecies. Pivot points, and levels work because so many people use the strategies and believe in them. There is a mutual agreement between the traders ,to benefit at the expense of the ones that know less. All on this forum would benefit. It wouldn't be the kind of market depth that banks have to their advantage, but something quite similiar though.
That is one benefit. But it would also be an interesting read. So please name drop different strategies to make this comprehensive list for the poll.
Well i also have another idea for the future. We could possibly make a daily thread. I'm not sure if we can make a poll of it, but my idea is if people could tell their enters,tp,stop levels so that we also get market depth. We are of course not the whole market, but it would be quite representative nontheless and help us in our trading. Well this is a future project if people here agrees on it. If we get this extra information we get an edge over the ones who don't know it, and be more competitive against banks who know this information.
Since this is a big forum, i thought the poll could get many votes and be useful. What is the benifit you may say? We know that many stragies become useful because they become fulfilling prophecies. Pivot points, and levels work because so many people use the strategies and believe in them. There is a mutual agreement between the traders ,to benefit at the expense of the ones that know less. All on this forum would benefit. It wouldn't be the kind of market depth that banks have to their advantage, but something quite similiar though.
That is one benefit. But it would also be an interesting read. So please name drop different strategies to make this comprehensive list for the poll.
Well i also have another idea for the future. We could possibly make a daily thread. I'm not sure if we can make a poll of it, but my idea is if people could tell their enters,tp,stop levels so that we also get market depth. We are of course not the whole market, but it would be quite representative nontheless and help us in our trading. Well this is a future project if people here agrees on it. If we get this extra information we get an edge over the ones who don't know it, and be more competitive against banks who know this information.