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JoelDarr

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Posts posted by JoelDarr


  1. Yes, the Elliott Wave Principle is important, but it is not so often mentioned, apparently not everyone can understand it. I just want to say that this form of technical analysis works, but if you decide to take it seriously, you will need to get acquainted with this theory many a day. Difficulties in the Elliott wave theory is the identification of the waves. Usually, a corrective wave is difficult to determine. All feature is that each wave has a set of characteristics. And these characteristics depend on the market behavior. I read book Visual Guide to Elliott Wave Trading and it helped me a lot. And I advise you to do it.

     

    And it's applicable to commodities and bitcoin as well


  2. No edge here. Learn some basic programming skills, code the strategy and you will see the negative expectancy from a mile away. Make sure you have hundreds of iteractions, thousands better, before you can consider the report trustworthy.

     

    You got some of the brightest minds in the business trying to squeeze profits from the markets, you can't be that naive to think a simple moving average crossover system will make you profitable.

     

    If you get the right price action for it, it will look good, just like you did, but get the incorrect one, and it chops your head off and the losses wont make up for the winners.

     

    Sorry but it's not that easy, you gonna have to work much harder, much much harder.


  3. Walt Disney (NYSE:DIS) has slipped 1.3% after hours in the wake of its fiscal Q4 report where profits beat solidly but revenues came up slightly short.EPS rose 10% on a GAAP basis and 35% on a non-GAAP basis, to $1.20.

     

    CEO Bob Iger noted fiscal 2015 brought "the highest revenue, net income and adjusted EPS in the company's history."Revenues by segment: Media Networks, $5.83B (up 12%); Parks & Resorts, $4.36B (up 10%); Studio Entertainment, $1.78B (flat); Consumer Products, $1.2B (up 11%); Interactive, $347M (down 4%).

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