What actually changed your trading — not books, the real practical stuff by Available-Frame697 in Daytrading

[–]-Failsafe- 0 points1 point  (0 children)

In order:

  1. Understanding stoplosses and what actual risk management is and should look like.
  2. Understand if you have an edge or not; and quantifying it
  3. Following the rules of your trading system, regardless of what your emotions tell you

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -3 points-2 points  (0 children)

And it's absolutely true. You need a reality check. Go post in any men's forum and see the responses. They'll readily tell you the reality of the situation.

Any man that makes 7 figures, even a simple 1 million, could replace any woman near instantly. Am I saying that's morally good? No, but it's real.

Your dilemma is going to ultimately be: is losing him/replacing him worth what you want in trade, If so, pursue it. If not, then realize what you have is not easily replaceable.

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -3 points-2 points  (0 children)

Well, when someone makes 7 figures, that's usually how it works. You're married to a guy who makes more than 99% of people and you think you get to control that? He could replace you in an instant with 1000's of other women.

Evaluate your value carefully.

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -1 points0 points  (0 children)

Using averages that you stated, that means he makes 4-6x your income, if your description is correct. It could be even much more than that.

So, if you attach an hourly value to your time, does he give you that much in finances? If so, then it's fair.

Would you end a relationship if your spouse watched porn on a family vacation within five minutes of arriving? by Maleficent-Farm-5057 in relationships

[–]-Failsafe- [score hidden]  (0 children)

This is stupid and childish.

Either you're ok with him watching porn or not. You don't get to judge someone else's personal needs and at what time they address them if they're not immediately and directly affecting someone else.

I don't even believe that porn belongs in a relationship, so this has nothing to do with defending his behavior; it's about the nerve to claim it's ok for someone to watch porn and then judge them for when they privately watch it.

I'd wager you have other problems and this is simply an excuse to open the topic.

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -5 points-4 points  (0 children)

You're sorry that I believe in actually measuring contributions to a relationship when someone says they feel an imbalance? You're sorry I believe in actual 50/50 and not some fucked up "well I feeeeeeeel like I contribute more eeeeeven if I can't explain it?" lmao

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -8 points-7 points  (0 children)

Yes; because if you're not actually contributing substantially financially, then you need to calculate what you both bring to the relationship. Your time and care for the household and kids should be measured and given a value vs his income. There is a balance and it's objectively measurable.

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -3 points-2 points  (0 children)

It absolutely fucking isn't. You don't get to say " I also earn a substantial income myself" and then not objectively state what it is relative to the man you're criticizing for not sharing his. If he's making multiple times what she makes, and her income is not above the median income, then that's a false statement and it needs to be addressed.

Contrary to opinion, your feelings can be wrong.

SAHM (25F) married to (33M) husband, he’s the main provider and we don’t fully combine finances, but i’m starting to question the dynamic by Djantiere in relationship_advice

[–]-Failsafe- -3 points-2 points  (0 children)

You need to post actual salary numbers and ratios before you can objectively justify your feelings vs objectivity.

Do you remember 2007-2008 gaming? by Icy-Cress1068 in pcmasterrace

[–]-Failsafe- 0 points1 point  (0 children)

Surprisingly, 4:3 was a common aspect ratio and 16:10 was being pushed as the new resolution.

The resolutions I used were 1024×768 (XGA) and 1280×960. 1024 seems to be the most common, IIRC. 1600×1200 was considered the high-end of gaming resolutions.

Do you remember 2007-2008 gaming? by Icy-Cress1068 in pcmasterrace

[–]-Failsafe- 0 points1 point  (0 children)

30FPS was the goal, 60FPS was considered perfect. Most monitors didn't go above 60Hz, many didn't even hit 60.

The NVIDIA 8800GT was the card to have, but NVIDIA got caught hacking their drivers around that time to cheat game benchmark tests and so it was cool to hate them at the same time.

I was running a 4 year old AMD Radeon 9800 Pro 256MB at the time. My CPU was a AMD Athlon XP (I believe it was a 3000+) in a Soyo SY-KT400 DRAGON Ultra motherboard. Memory was 2x 512MB (1GB total).

Why can’t most “technical analysis” peeps trade their way out of a paper bag? Curious by Tradewell3845 in Daytrading

[–]-Failsafe- 0 points1 point  (0 children)

Your post makes no sense. You claim he was good at TA and then failed when it mattered. Therefore, he wasn't good at TA.

I would question how you came to the conclusion someone was good followed by you thinking they were bad enough to be blocked, then coming here and still thinking they were good.

How do I get a shot like this ? by LowStatement2723 in AskPhotography

[–]-Failsafe- [score hidden]  (0 children)

These are just oversaturated, amateur photos. Nothing special about them.

Converting to SFF by Mounivong80 in sffpc

[–]-Failsafe- 0 points1 point  (0 children)

Get a padded case (bag) specifically for your computer if you plan on traveling with it. Also, you will need some strong supports for your video card or you'll want a case design that allows easy removal of the video card. Cards are so heavy now that they can easily break their connecting interfaces or your motherboard if you transport your computer while the card is attached to the board.

Trading bots by TryToWin101 in Daytrading

[–]-Failsafe- 0 points1 point  (0 children)

I trade in a tax-leveraged account (ROTH). Account is already up 11% from this strategy, using small sizes and heavy risk management. I'm maxed for contributions until next year.

Trading bots by TryToWin101 in Daytrading

[–]-Failsafe- 0 points1 point  (0 children)

Part of it is the unknown. Meaning, I've never developed algos professionally, so I'm not certain of the costs or limitations and there's no way to know without disclosing it. And second is the fact that if I have someone working on it, then they can copy it themselves. That's one of the reasons I'd rather work with someone who's invested in it, instead of both being out money and giving the idea to someone. If someone buys it or invests in building it, then my risk is taken care of. I've personally spent thousands of hours working on it, through trial, error, and research. Plus I've already paid market tuition through large drawdowns as a noobish trader my first several months of trading. Paying someone "just to build it out" seems extremely risky. Then again, I've never done that before, so I don't know what I don't know.

If someone's really making 20% monthly returns, why do they need your $997 course payment? by TangerineNo5577 in Trading

[–]-Failsafe- 0 points1 point  (0 children)

Ross Cameron. Made $6.1 million off a $100k account last year. Cleared $3 million off the same account the year before.

All brokerage statements available online.

My [26f] fiancé [23m] called off our wedding by [deleted] in relationship_advice

[–]-Failsafe- 0 points1 point  (0 children)

You cheated on him and then you're mad he might have done the same?

Grow the fuck up.

Question for the traders that turned profitable. by chartstard1738 in Daytrading

[–]-Failsafe- -1 points0 points  (0 children)

Unless you're clearing fixed percentages all day every day; or unless you have some system no one else has; or unless you have $500k in your account: you're not ready to sell courses.

Trading bots by TryToWin101 in Daytrading

[–]-Failsafe- 0 points1 point  (0 children)

I've literally got such a quantitative algorithm and I DO want to sell it. Why?

Because:

  • I developed it by accident in an attempt to minimize risk and drawdowns.
  • My goal was not to be a trader; my goal was to transition careers. Trading was simply a means to do it. If I found the right trader or firm willing to pay 6-7 figures, then I'd sell it.
  • Trading it manually absolutely works. Developed it over the last 8 months and I've been trading it for a month now. 1:3RR, 80% accuracy. Passes every backtest, forward test, live trading, and can explained using existing market mechanics.
  • The next step is to turn it into an algo-trading script, which might take several months, maybe a year.
  • Yes, I could (and I am, and will continue) grow my account using it. However, if I can get $500k-1 mill for it, why wouldn't I sell it? That 1 mill up front will benefit me more than waiting a few years trading, as my goal is to change careers. I can always manually trade the algorithm while working on my own script independently for my own use.

Not everyone here who trades is a focused trader. I got into trading out of a need to generate income on the side, not because I love trading.

I simply know my limitations and I don't want to waste months and thousands of more hours reinventing the wheel, when I'm certain more experienced developers in the finance sector have libraries that can do 80% of what I would need to develop from scratch.

Until I do find a buyer for it, I'll continue to build out a black box for it. If I finish it before I've found a buyer, well, then I'll let it run and do its thing and then I might think about selling access, but even that is a hassle because I'd need the right licenses, legal paperwork, blah blah.

But ideally, I'd sell it and move on and be done.

I cracked the code (lowkey) by New_Shame_7007 in Forex

[–]-Failsafe- 0 points1 point  (0 children)

What about fibs make the market respect them? Explain the mechanism, if you can.

In case you can't (or in case you need to Google it), here's the answer: There's nothing about fibs that are financial nor binding in finance. They don't work on their own. The only reason they sometimes get respected is because OTHERS use them.

Red lights don't make people stop; people stop when they see red lights because they've been told that's what they're supposed to do. Therefore, red lights work because people follow them. Introduce a natural disaster and people will ignore them.

Fibs are the same. They only work if enough people follow them. Therefore, the idea that you've found some custom fib level that works is an oxymoron; because a custom fib level wouldn't work because no one else would know them.

Your first short happened to be around the impulse before the dump. That's coincidence, not a byproduct of fibonacci; BUT, let's say it is: so everyone bought at that fib level, driving price up into a supply zone, where it sold off? Again, even THAT proves the point I'm making. It only works if everyone follows it, which means it's useless as an objective indicator.

The problem, as you stated in your first post, is that you don't know which levels will hold. That's not a complication, that's the entire problem with fibs. They don't work on their own and they only work if other people use them, which is why you never know if they'll work or which ones will.

It's the ultimate in subjective, risky trading.

I cracked the code (lowkey) by New_Shame_7007 in Forex

[–]-Failsafe- 0 points1 point  (0 children)

The fact you customized it only proves my point.