Comments on: Event-driven trading strategy

By: Jordan

Jordan — Thu, 20 Dec 2012 07:35:02 +0000

In reply to Asad. well it's not the history, it's just our mistakes repeat itself.

By: Mike

Mike — Thu, 20 Dec 2012 05:30:40 +0000

omg,

Sean you just revealed the most lucrative strategy, I feel sky is falling. haha

By: Asad

Asad — Thu, 20 Dec 2012 04:05:30 +0000

Sure Jordan but it’s human psychology which is in action in the Markets.

A Lie becomes truth after consistent repetition.

By: Jordan

Jordan — Thu, 20 Dec 2012 03:57:01 +0000

I agree Sean. You can not get enough info from the numbers alone. That’s why Elliott Theory is a huge lie. It’s just labeling waves after they have formed 🙂

By: Sean Lee

Sean Lee — Thu, 20 Dec 2012 03:51:16 +0000

Will do Asad, I must admit I’m not 100% convinced that you can get enough info from the numbers alone, I think you need to be part of the market and recording information, but perhaps they do this already? I’ll be keeping track of them for next 6 weeks or so and will let you know as I learn more.

By: Asad

Asad — Thu, 20 Dec 2012 03:43:32 +0000

Sure, These type of studies / analysis keeps your interest as finding a pattern and implementing trade plans based on these is a better approach rather than wild guessing.

their is no substitute to the experience like you have! but what is experience ? It is simply understanding patterns recorded in your memory and planning trades based on them!

Only way to cover that gap with experienced trader is “back testing ”

please keep updated