View of the single variable
looking at any one metric alone to explain complex systems (such as investment outcomes) is doomed from the start. source: ritholtz.com
iterating towards truth
looking at any one metric alone to explain complex systems (such as investment outcomes) is doomed from the start. source: ritholtz.com
Two 123ACU opportunities. Strong round number breakout and even stronger sell off.
Two opportunities kinda 123 but no ACU. Instead of it hold and second one, break and hold.
In order to be a big winner, you have to be very, very large in the positions that have the best risk/reward. source: smbtraining.com
Today’s two opportunity representing a potential profit of +2.4R.
On Friday we witnessed a nice drive against the dollar across the board of assets. In the upcoming week there are two pairs I have on my watch list.GBPUSD, 5960’s possible LONG – it all depends how quickly the pound would retrace and how well it w…
the skill most needed for a discretionary trader is self-awareness. source: andrewmenaker.com