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im4XTrader2

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Everything posted by im4XTrader2

  1. There are a number of stock filtering applications online but none of them filter on stock patterns, only on fundamentals. Even Tradestation, which has a stock filtering capability requires you to have significant knowledge of its language and indicators to be able to create meaningful filters. With that said, why trade stocks which has over 10,000 different ones, a maximum of 4:1 leverage when you can just trade the 4 major currency pairs and watch the economic indicators? You can get up to 100:1 leverage as well so the opportunity to make sustainable income is much greater. Last, there is no substitute for hard work in making yourself an expert in whatever field you choose.
  2. :wtf:Gee, I wish someone had told me last year that using moving average strategies were losers. I guess making 4.3 % month over month (60% per year) for the last 16 months using a moving average strategy is just a total loss. With your above quote I can see why you will always lose money in the long run and badmouth successful strategies. Using technical analysis is too confusing and too boring??? What I am hearing is you don't want to put the effort into making your strategy a winner. Sorry guy, but I think I would rather study hard, analyze the data and come to my own conclusions without being distracted by someone who can't be bothered with confusing and boring technical analysis. I know I sound harsh but I have heard this too many times in too many forums and yet with perseverance, research, copious back and forward testing, I am able to tweak the moving averages to give me a profit on 87% of my trades. I will grant you one thing, too many indicators will make trading more difficult and confusing, the same as trying to watch too many currency pairs. Good luck with your trading. I think I will stick with mine.
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