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andrei_lint
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Price Action Patterns Do Not Mean the Market Isn't Random
andrei_lint replied to 1a2b3cppp's topic in Technical Analysis
Everything that you don't understand in the market looks random. However, there are unfortunately things that you think you understand but you don't No market is actually random since it's made from a lot of orders each with a particular purpose. Problem is there are so many traders with so many interests out there that they actually create a total mess. Anyway, please feel free to share how you make money considering a market is random. -
Great on Paper - Not with Real Money 2 Ways to cure it: - make your trading more mechanic so that it's not up to your feelings how much to trade and when to exit but it's up to your method, developed and backtested and which you trust. - as a (long time ago) great trader suggested, a good idea is to NEVER trade virtual money, it's so different than real money that it actually has no value. I don't completely agree but if you have some extra money to lose it can be tried.
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Strongly agree with first post. What i think is important but nobody mentions is: - a strategy won't work for eternity, and it probably will never make as much money as an experienced trader just following his gut-feeling and having a great period, but it will surely give way more consistent results over time; - nobody says to trade just one strategy, you can build and trade as many as you can keep track of. Some will be discarded, others improved, others added.
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Hi mnctigah, I wonder if you are willing to post a trade you made (or a possible trade) along with your thinking process so that we can familiarize with your approach of the market.
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Hey, thanks for the market profile macros. I found some sort of a bug in MP - 0.024.xlsm, crashes when tick size goes higher then 0.002. Anyway, if someone is still active on the thread fixing this (or revealing the password to see if i can fix it) would be of great help
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So when you want to get out of a trade and place an order in a gap and all of a sudden there are 20 lots before you and others come also so that you have to hit the market and when you do in a milisecond the 50lots you think you hit go out of the market, you get 1tick slippage and then they come back instantly this doesn't affect your performance right?