/biz/ - Business & Finance

cute video. i was writing this same stuff up but i got bored. https://docs.google.com/document/d/1sod1MhqK8cvKfzXwEpWYwr0_GC-y7pzaRdnRhrftUEA/edit?usp=sharing

>>16357583
look at the top of his head

>>16357611
oh no no no

>teaches how to trade and be profitable
>poorfag
If your strategy worked you wouldnt teach it and would just become rich quitely

>>16357583
BAHAHAHAHAHAHAHHA

OH NONONO WHAT THE FUCK IS THAT HAIR

>>16357600
Hey cool. If we want to turn this into a resource dumping thread I'd be happy with that!
https://docs.google.com/document/d/1_Gf8fxYBktU3g4iiiIXV3EWDi1HodzjS67z8gbCQfpo/edit?usp=sharing
>>16357611
>>16357614
>>16357633
:DDDDD

>>16357633
look at his face
look at his lips

>>16357663
o ye :DDDDDD

>>16357600
read this one

>>16357696
>>16357696
https://poseidon01.ssrn.com/delivery.php?ID=377005116116022071076064078108120000010018028080064039094024120077084087110001112121101050022063001111037109029005120069031085005025004048052086092087120070070087094001062078084101020123075118066023107015123108117068094017031028008093076127027092007083&EXT=pdf

Thank you op :3

>>16357751
Samefag

>>16357753
No u

>>16357704
cool never saw that one before. dled.
>>16357640
dled.
>>16357640
i'm @chartscrypto on twitter if you want to get in touch make a universal guide to trading.

>>16357762
>>16357753
>>16357751
>>16357704
>>16357696
>>16357680
>>16357640
>>16357583
literally the same fag. holy keks.

>>16357814
Yeah I’ll reach out my man. Have you looked at the vid?

Not clicking your shitty video, faggot. 100% promise it doesn't even backtest.

>>16357921
Thank you for taking the time to interact with this content for the sole purpose of expressing your displeasure at the very thought of taking the time to interact with this content

Interesting vid but probably too complicated for most traders

>>16358016
Well yeah, that’s why I’m comfortable giving out the information. I don’t have to fear losing my edge, kind of like people not using ergonomic keyboards cause it’s too much of an initial investment

>>16357921
>faggot
this

>>16358054
what do you think about bollinger band/keltner channel squeezes?

>>16357583
Thank you for the afford OP!
Appreciate it.

>>16357611
Hahahaha

>>16357583
interesting, a TA vid
>oh its on crypto
>mentions Dow jones...
>VIX is on nasdaq composite? its SP options...
>starts typing f=ma
>the hair
>the stache
>his 56% random student customer on skype

>>16358110
The typical way people use it is like trying to measure someone’s body fat percentage from only their weight and height.

You gotta add more variables for it to give an accurate reading, it’s the main component of a very important metric to the point where I’d say distributional width, (the size of a Bollinger band and all of its deviations) is more important than which deviation price is at.

What we did is we took Bollinger band squeezes, but instead of just squeezes we turned “totally squished” and “way overexpanded” into a relative metric from 0 to 1. Then we turned that into a colored heat map. So 0 is blue (compressed) and 1 Is red (overexpanded.)

Then we turned that into a heat map. So the bottom of the heat map is 14 and the top of the heatmap is 600, with all the periods in between filling up in between.
https://www.tradingview.com/x/e8vNDVeB/
Then you can figure out the exact period that is exhausted and use it to define channels and trends.

It’s a hell of a lot of work, but it actually works.

>>16358246
Haha benin:DDDDD

To simplify your approach, is it correct to say to only enter trades after a period of consolidation evidenced by narrow bollinger bands and then enter trades into the side of the breakout?

>>16358290
Well no, I actually find it more reliable to trade exhaustion since it’s more predictable. Nobody has any fucking idea what a driver on bath salts in a car is going to do when the light turns green, he could slowly accelerate, he could slam on the gas, it’s volatile and unpredictable.

But as soon as he takes his foot off the gas, everything lines up and returns to a state of compression and predictability since the deceleration has less variables.

>>16358343

I see, that makes sense. Isn't it harder to determine exhaustion without more expert knowledge though?

I just wrote a simple indicator on tradingview which draws 3 bollinger bands on my chart with 50,100 and 200 periods. I'm going to try it out and experiment with it

Oh, yeah. Mmm, go play with WAVE PM on mt4 for free. My TradingView port is paid but you don’t have to use that. It was made by mark whistler and shows the distributional width as a relative metric. It’ll help a lot.

>>16358246
>he doesn't shave his head to look like a chad charicature
>he doesn't make an income from robbing third worlders
>he doesn't insert physics equations into unrelated topics

PUT YOUR BOLLINGER WEIGHTS ON AND START DANCING KEKBOI

>>16357627
Then why do people tell others to buy index funds? Doesn't that give away edge of that master strategy?

>>16357921
MNNNNNGH... MOM!!! LOOK I LRNED HOW TO BACKTESXXSTT ;DDD

>>16357921
You should be keeping a record or journal of trades for any strategy. Not just putting some trend following indicators in some software based backtesting (on a single time frame), and then wonder why "technical analysis doesn't work".

>>16358400
What now faggot

>>16358451
Seriously, this why half you "quant" wannabes say rubbish about fibonacci. You people don't even know how keep actually test trading.

>>16358401
I'll add to this point that if you had some really accurate divergence indicator, or you had a really accurate method at calling tops and bottoms, or you knew how to follow trends really well and not get chopped up in ranges, you wouldn't necessarily share everything you knew. Even if discussing it wouldn't "give away" edge (because you put in a lot of effort to find that stuff out, and why should other lazy know about?).

But having general discussions about approaches probably won't hurt anyone, it'll just get people thinking.

>>16358775
*why should other lazy people know about it?

>>16358791
Since if someone wanted to learn it they’d need to dedicate dozens of hours to do so and that’d be inherently not lazy

>>16358775
if you trust in your ability and work, you would even share the "edge". Since even if some1 else benefits from it you can also learn from them or learn from discussions.

and why worry about lazy fucks if you are able to create edges

>>16357583
OH NONONONONO
WHAT THE FUCK IS THAT HAIR OP
JUST FUCK MY SHIT UPPPPPPPPPPPP

>>16358969
unrelated, but what do you think about the short term price? where can brainlets start to learn this shit out?

Indicators video aside...

OP why do you have a trimmed pussy hairstyle and retarded mustaches?
Seriously, no bully.

>>16359034
>>16358489
I did it for the memes. I literally dressed as chad with the mohawk on some of my streams.

>>16357583
I watched your whole video.

So xrp/btc is about to fucking explode huh?

>>16359068
I saw Dadshark at a grocery store in signapore yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything.

He said, “Oh, like you’re doing now?”
I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen kava pouches in his hands without paying.
The girl at the counter was very nice about it and professional, and was like “KAMU BAJINGAN KOTO. ANDA PERLUMEMBAYAR UNTUK MEREKA!” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.

When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any liquidity manipulation,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

>>16359419
https://youtu.be/ziIbuBaPRf4
I’m pretty fond of that copy pasta

if this works then why are you sharing it with us

>>16359768
Checkmate, atheists

>>16359790
i have only watched the first few minutes but i can already see problems. your indicators never tell you when to take the long/short or when to exit. all of the indicators only give you the trend which you can easily see by naked chart readings. BB's and CCI are on the same tier of RSI/MACD tools that retail investors use

i saw a decent amount, not impressed sorry

>>16359808
“I watched the first five minutes of titanic and none of the characters had any development and it was missing all plot development, just like all the other shitty Disney channel movies”

You’re the type of idiot who can’t believe his ass is still covered in shit despite only wiping a single time, but gives up because he has proof that wiping doesn’t do anything cause he still has a shitty ass.

You’re the type of idiot who believes that

>>16359914
Alright bro. Great contribution.

>>16357751
>>16357753
>>16357762
baka desu senpai

>>16360076
are you OP on a different device you retarded faggot? ill direct my annoyance to you otherwise i suggest you follow his advice so i can see you post again here soon about how you lost all your money

Depending on how I go into 2020 (and how quiet /biz/ gets), I might start posting more of my own ideas of approach.

>>16357583
Based. You should join @ChadLounge on telegram, it's a comfy chat full of /biz/ traders.

>>16357583
Did you made money?
How much?
How many trades?

>>16361270
how do i join fren?

>>16361343
download the telegram app then type in @chadlounge in the search bar

>>16361372
i did and they kicked me out saying it's private

>>16357583
what the fuck were you thinking getting that haircut and that mustache?

Intradasting

>>16357583
i can't find micro to macro on pdf sites. can you recommend other books? thanks.

>>16359013
Not true. I have an edge and I hide that motherfucker.

Hey mate, interested in some good trading books.

bump

>>16362392
Did you... check the google doc I posted near the top? It’s in there.

>>16357583
T/A is a fucking meme.

>>16357583
Interesting video, but what's the trading style this is most useful for? Are you a swing trader or scalper?

>>16357583
lmao imagine buying BTC

>>16357583
cheers bro, great video

>>16357583
Hey op nice video, thanks for posting.

I havent finished it yet but I'd like some advice. Are you bullish on btc and the upcoming halvening or is it a sucker's gambit?

>>16364589
Since indications remain essentially the same through different timeframes, it can be used everywhere from the 1 minute to the weekly chart.

Let’s say your longest over expanded period on the 4h chart is 300. On the 1h chart, the indicator will show the longest over expanded period As 1200. On the daily chart it would show up as 50, and so on. Timeframe becomes pretty irrelevant when using “mass” readings. You can use it for scalping, trend trading, swing trading, and range trading.

>>16366022
I don’t really care about bitcoins fundamentals to be honest, which is why I prefer trading it. Indications show bitcoin is exhausted in this trend right now and will break into a tightening range for a couple weeks.
>>16361471
So I could dress up as chad with the mustache providing extra irony.
>>16360096
Kek

>>16364715
At 3,800? Yeah, I didn’t have to imagine that mate it happened.

>>16362498
Retail traders make up less than 1% of volume. And considering that fact nowhere near 100% of retail traders will see your “”””edge”””” and even less will actually implement it long term there is literally a 0% chance you lose it unless it’s something so incredible that not even quants have figured out (hint: it’s not)
Anyone who says that they “hide” their edge is either fucking larping or just retarded

>>16366045
Why do you say CCI is better than RSI? Do you use it to check for bearish/bullish divergence?

>>16366177
Momentum is a suckers metric if it doesn’t have the context of mass, (distributional width for that period.)

It’s like trying to hit a Home run but you’ve chosen not to check if the pitcher just threw a baseball or a bowling ball. CCI uses the same pivots (effectively the 1.25 stdev) that cause the expansion or compression of a distribution, which lets it fit better into a system with that intent. RSI always has a better alternative for identifying momentum, regardless of the system you use.

>>16366129
Get over it, Princess. Fucking retard.

>>16366270
what should brainlets do who cant fathom your video? how do you see the cryptosphere down the road? will it gain adaptation? i think it will in my IQ 90 mind, whether we want to or not, but its just a stepping stone into our future demise, one more instrument to enslave our motion

>>16366355
Learn. That video should be easy to understand if youre doing shit correctly.

>>16357611
oh boy fallout New Vegas looking guy is a /biz/let huge sell signal
Just joking, you worked hard nice

>>16366270
Turtle trading strategy, used only on major indices. Seriously. Be disciplined and only do that.
>>16366351
Thank you for your meaningful and valued contribution to this thread.

So number go up or nah?

>>16366621
>durr thank you
As opposed to what, stupid nigger? Your great insight? Fucking idiot.

>>16357583
thanks, OP

>>16361343
>how do i join fren?

@chadlounge is based if you use telegram but if you use discord check biz secret chat: nrMx8BM

we have a list of free resources there as well. it would be really cool if you posted books etc

>>16366785
You touch peepee

>>16366785
Thank you for taking the time to contribute your feedback, I’m always looking for new ways to improve and I was really impressed with the way you handled that interaction. This is all about self improvement and I’m confident I can learn from your example.