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sevensa
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Everything posted by sevensa
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If you read through the VSA threads, you would be able to answer the question for yourself if you need the software, or not. I don't think you need it, but only you can decide if you do. Software can simplify something for you once you understand the core and underlying concepts, but doesn't make it work for you. Screen time and learning do. There are no shortcuts. Bar charts show you the open, close, high and low of the period. Candlestick charts show you the open, close, high and low of the period.
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You must not be in your right mind then...
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Someone who "have played with combining Polynomial Cycles with other Trend cycle indicators Hilbert etc" and looking for other people who are playing with it, sound hardly like anything pro. No offense...
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Need Help from University/college Students
sevensa replied to matinthehat's topic in General Discussion
So, you have been going to school for two weeks and already know what is best and how the education system should work? There are millions of students graduating each year. How come they don't find it too tough? Just because you cannot keep up, does not make the whole system bad. The school system is not going to change because you don't like it. Your options are easy; drop out of school, or suck it up. Whining about it is not going to get you anywhere. -
What I believe is really irrelevant and you shouldn't base your decisions on what some guy on the internet is telling you. What I do believe is that if you read this material that you will understand what VSA is about and that you wouldn't have to spend $1000's on training and software. I cannot tell you if you will be able to be profitable with it. Some will, some won't. You will just have to read and decide for yourself if this make sense to you. If it doesn't, then move on to something else. There are numerous ways to trade successfully and not just one correct way. However, just because something works for one person, doesn't mean it will work for you. If you are not comfortable with something, then you will not be successful, no matter how wildly successful someone else is.
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Not sure what other answer you are really looking for then? If you don't want to program and you think the systems available on the internet are all fraud, then what is your alternative other than just give up and finding something else to do? I don't agree that some people will just never be able to do something. Not everyone can be good at something and become experts, but everyone can do the basics if you are willing to put a little effort in. There are numerous threads here where people are asking for basic help and went from having no experience to be able to write some code. However, you have to take the first step yourself and not give up before you even start.
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You should begin by reading the VSA threads and take notes. If you do, you will see that all your questions are answered already.
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Yes, there are 1000's. Just google, or check out e-bay. There are numerous system that promise to make you a millionaire in 6 months.
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I've noticed that almost all your posts you are asking for help, but your number of thanks is 0. Nothing wrong with asking for help, but you never show what you have tried and expect someone to create something from scratch for you and you never give thanks. How about giving something in return instead of just taking all the time?
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Welcome... I am curious about what made you decide that you "see the real financial potential in FOREX" as opposed to stocks? I am leaning over that this is not the instrument that give you real financial potential, but this is the trader.
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I am sorry, but I am still not clear from your response what it is you would be contributing?
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What would you bring to the table? This appears that the only one who will get something out of this "collaboration" is you.
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I don't think this is a valid conclusion (the part bold). You cannot ignore margin and leverage. To make an apple to apple comparison and conclusion like that, you need to assume a fixed investment amound, say $5000 and then see which give you more bang for your buck based on that fixed amount. This is probably off topic for this thead though. Feel free to remove my post.
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GOOGLE Try searching with "Darvas Box indicator for Tradestation".
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I am not confirming anything. As I have mentioned above, if you have followed your trading plan, then this was a good trade and this is not for me to tell you that you were wrong and made an incorrect decision. I thought I did?
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Be careful to think that just because there is a bar on high volume that the market should do something as you mention in your first point. The market does not have to do anything just because there is a high volume bar and will do what it will do. You need to go with the flow and act on what you see is happening and not on what you want to see happen. Bars like 1 and 5 only alert you to that there is potential that something might happen. It is not a sure sign that something will happen and you need to wait for confirmation. In both cases, there were potential of weakness, but after both, the market powered higher shortly afterwards without giving any short signals, providing confirmation of strength in the background and not weakness and that short trades would be ill advised.
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I don't fully agree with "wrong trade = losing trade". A wrong trade for me is one where I have not follow my trading plan. If I followed my plan, win or lose, this is a correct trade for me. Even if a trade is profitable and I have not followed my plan, then this was still a wrong trade.
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Check out the book: "Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals" by David Aronson. There are also several other trading system and testing related books. Just do a search on Amazon.
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Your questions are really very far from being simple. You are pretty much asking someone to create a trading plan for you based on market delta/profile and volume. Don't you think this is a bit much to expect?
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[site update] New Site Design Launched!
sevensa replied to Soultrader's topic in Announcements and Support
Did you click on the "View all subscribed threads" when you are there? -
With all that experience, one would have thought that you would be able to write out clearer pseudo code of what you want, instead of an essay and expect people to code something for you based on that.
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[site update] New Site Design Launched!
sevensa replied to Soultrader's topic in Announcements and Support
Have you add anything to your favorites? If not, then there should be nothing. When I do that, it shows the threads I have added. -
This not as easy as it sounds though. If the non profitable system enter on a stop and have some trailing stop at X bar low (when going long), this is not as easy to just reverse and do the opposite. Also you might have a system that is very marginally profitable, but trading costs causes it to be unprofitable. Just reversing the orders will make it even more unprofitable.
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What is a data center broker?