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Where do you get all this from?
The process of cognition is the same everywhere, in the West and in the USSR and nowadays:
1. the discovery of a phenomenon (e.g. sunrise);
2. Observation of the phenomenon and collecting data about it;
3. Formation of a hypothesis;
4. Formation of a mat model of the phenomenon;
5. experiment.
Without the first and second points, the other three cannot exist!
Where do you get all this from?
The process of cognition is the same everywhere, in the West and in the USSR and nowadays:
1. the discovery of a phenomenon (e.g. sunrise);
2. Observation of the phenomenon and collecting data about it;
3. Formation of a hypothesis;
4. Formation of a mat model of the phenomenon;
5. experiment.
Without the first and second points, the other three cannot exist!
If we look at Yusuf's theory. Theory in quotes so far.
Did he suggest that the Forex market has a price elasticity of profit on the type of commodity markets? As if, a can of soda will yield maximum profit if it is sold at $1.25, because demand is maximum at that price, which is supposedly supported by years of observation. For the market parallel - for this particular case in time, market players will try to sell a currency pair at some optimal price in order to maximise profit.
And how could Yusuf observe this phenomenon? And does he have enough expertise in the Forex market to assume the truth of this assumption? And - most importantly - can he measure this phenomenon, that is, by calculating the optimal price, measure the fact that most participants sold at that price?
On all counts, I have my doubts. I'm just even curious as to what exactly drives such wandering inventors. I think he's hoping for a lucky strike - to successfully come up with aHiggs boson approach that turns out to be plausible.
Where do you get all this from?
The process of cognition is the same everywhere, in the West and in the USSR and nowadays:
1. the discovery of a phenomenon (e.g. sunrise);
2. Observation of the phenomenon and collecting data about it;
3. Formation of a hypothesis;
4. Formation of a mat model of the phenomenon;
5. experiment.
Without the first and second points, the other three cannot exist!
He's just a little light-headed, he'll be cured after the first flush.)))
The first drain was a long, long time ago... has been cured since then...
Well, this process is permanent, every newly invented TS has its first flush.))) I am so used to this process already and take it calmly. I am so used to this process that I take it easy. IMHO. By drawdown in this case I mean the drawdown that is difficult to accept and the trader closes the loss. You have already had a drawdown of 26.8% on such a relatively short time frame. Let's see what you will do if the drawdown is 70%.
Only because I am demonstrably going at 18% a day this week. Because the initial depot is small. If there is not 5 thousand, but 5 million, I will reduce the speed by an order of magnitude. And the risks will be reduced by an order of magnitude. And we'll have a 2.6% drawdown, not 26%. The secret is simple.
Well, I wish you success, but I advise you not to be too optimistic. If you fail, it will be easier to get over it.))