Received 4 Karmas
NoviceUnicorn
NoviceUnicorn Apr 07, 16 9:47 PM

@elliottmagic [In my humble and novice opinion] ...It's a theory I am working on. I've paper traded it for a few months now and it allways works.(a rare statement). I have not tried this at large volume because I am not risking much money until I have a metric and then test the bounds of that metric. I don't trade the commodity I trade companies with a heavy core in 1 commodity. Oil is my FAVORITE example. It is like clockwork. I can even tell you how much I am going to make before I even buy. S

NoviceUnicorn
NoviceUnicorn Apr 07, 16 9:51 PM

@elliottmagic So I will explain this strat but I won't tell you what companies I do it in because it will be better for you to create your own knowledge base. I don't know the volume metric and it's effect yet. (ie, the more you trade something, you push the volume and effect the profit of your trades. It is a core concept used by large players known as a "pump". Pump is nothing but volume manipulation and a core reason to avoid half the stocks people on this forum talk about.

NoviceUnicorn
NoviceUnicorn Apr 08, 16 1:02 AM

@elliottmagic I was going to link an extensive file that I created on this strat but, I think I need to rework it. There are like 100 factors to think about to do it correctly and I don't have it written very clear. I will work on clarifying it and send it to you. SO much of trading is instinct and broad market knowledge because there are like 100 things that impact the movement of price in a stock. It can't be packaged as easily as people want to sell you that it can be.

elliottmagic
elliottmagic Apr 08, 16 7:39 AM

@NoviceUnicorn well if you could send this file to me i would be really interested. I'm currently writing my master thesis and I really contrate myself on "consistent profitable strategies" and try to come up with statistical results.

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