The hardest thing of all is to be focused.
If you are not focused you will lose..everything is built to make you lose..there are few moments when the pressure of money on more horses can be exploited..most of the time it is noise..if you put money on noise, they will turn the price against you immediately.
You can only put money when a horse's market is not manipulable ..find those points there.
Sitting and waiting, even for hours...very difficult.
Trading What I see !?
Thanks, you sound as though you know the markets very well. I must admit however, you make it sound impossible to me! It's sounds a difficult environment to trade manually as you describe it, and what you would suggest is near impossible to automate...?vhdgkl wrote: ↑Sun Jan 17, 2021 8:02 pmThe hardest thing of all is to be focused.
If you are not focused you will lose..everything is built to make you lose..there are few moments when the pressure of money on more horses can be exploited..most of the time it is noise..if you put money on noise, they will turn the price against you immediately.
You can only put money when a horse's market is not manipulable ..find those points there.
Sitting and waiting, even for hours...very difficult.
I don't know how to use computers... this is my biggest limitation.goat68 wrote: ↑Sun Jan 17, 2021 8:37 pmThanks, you sound as though you know the markets very well. I must admit however, you make it sound impossible to me! It's sounds a difficult environment to trade manually as you describe it, and what you would suggest is near impossible to automate...?vhdgkl wrote: ↑Sun Jan 17, 2021 8:02 pmThe hardest thing of all is to be focused.
If you are not focused you will lose..everything is built to make you lose..there are few moments when the pressure of money on more horses can be exploited..most of the time it is noise..if you put money on noise, they will turn the price against you immediately.
You can only put money when a horse's market is not manipulable ..find those points there.
Sitting and waiting, even for hours...very difficult.
I don't know if bots work...at the current level of development they might not be that great...but I'm not so sure.
I'm pretty sure that the goldmine is excel..excel allows you to do research, which is what good traders do.
Thanks I appreciate your honest comments. I've been looking through my bot's logs for this weekend as I output quite a lot of log information, and i've made some alterations, which I feel confident about. So we shall see how it does this week.vhdgkl wrote: ↑Sun Jan 17, 2021 8:50 pmI don't know how to use computers... this is my biggest limitation.goat68 wrote: ↑Sun Jan 17, 2021 8:37 pmThanks, you sound as though you know the markets very well. I must admit however, you make it sound impossible to me! It's sounds a difficult environment to trade manually as you describe it, and what you would suggest is near impossible to automate...?vhdgkl wrote: ↑Sun Jan 17, 2021 8:02 pmThe hardest thing of all is to be focused.
If you are not focused you will lose..everything is built to make you lose..there are few moments when the pressure of money on more horses can be exploited..most of the time it is noise..if you put money on noise, they will turn the price against you immediately.
You can only put money when a horse's market is not manipulable ..find those points there.
Sitting and waiting, even for hours...very difficult.
I don't know if bots work...at the current level of development they might not be that great...but I'm not so sure.
I'm pretty sure that the goldmine is excel..excel allows you to do research, which is what good traders do.
Cheers
Goat
- Realrocknrolla
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