Yes, the best tip for anyone could be that you don’t do/achieve these things in a few months. It took me 4 years …
PS: Regular Trading Hours. 😉
JSParticipant
Senior
This is what it looks like today…
OffTopic alert :
Ah, so if I see it correctly, you do RTH only all right, but delimited by “No Globex” Exchange stuff. Nice “kwinkslag”. 🙂
(position stays open over night)
JSParticipant
Senior
I call it “Real Trading Hours” on purpose because it is only during these hours that the stock markets are (really) open…
During the ETH (Extended Trading Hours), the exchanges, where it all happens, are closed…
First of all, I’m glad to have launched this debate
JS wrote : How do you describe this relation between the profit and stock movements?
Every days you can notice that the stocks movement is mainly due to the market psychology effects ( a lot of books is dealing with this subject)
Another example is the Oder Blocks where Institutionals (banks ….) create large price movements that seem unpredictable … in order to make profits (Iván has recently created robust OB indicators)
If you looks at the distribution of a stocks curve , you will notice the distribution shape varies a lot according to the number of bars. Good luck to make a statistics that lead to make a robust probability.
JSParticipant
Senior
You too good luck with your “order blocks” and “market psychology”…