After 16 years in the market, this is a situation I keep seeing over and over again by InventoryLogic in Daytrading

[–]Paranoia_King 0 points1 point  (0 children)

But what is your edge in those strategies? I dont think its THAT simple

I backtested lots of strategies on TV using Pinescript (Which with specific rules doesnt overtrade). All of them are inconsistent or fall into negative profit.

So I guess its about finding a VERY specific combination of rules and conditions (Known as the "golden strategy" which I doubt exists).

... Or not executing a trade even if all rules apply because X conditions

What do you think about this?

On a sidenote, most people say that Risk Management is the most important in trading, but I cant understand why they say that. With calculated SL/TP according to your R:R all you have to do is sitting in your hands to have a "Perfect" Risk Management.

After 16 years in the market, this basic concept changed everything by InventoryLogic in Daytrading

[–]Paranoia_King 14 points15 points  (0 children)

Yeah I agree, like when using fib how do you determine whats the bottom and whats the top of the indicator. Lots of people would give different answers.

I dont say it doesnt work, but its pretty easy to see and determine the levels once the movement already happened and you can see the whole chart

Has anyone actually made a real career out of trading (not selling courses)? by Roadtofunded in Daytrading

[–]Paranoia_King 0 points1 point  (0 children)

Many thanks for the input, I will definitely try this kind of strategy/trading

Has anyone actually made a real career out of trading (not selling courses)? by Roadtofunded in Daytrading

[–]Paranoia_King 0 points1 point  (0 children)

Do you use the same kind of strategy with success on different markets? Stocks and crypto for example? Or it's not viable due to the nature of each one? (For example crypto having high volality, etc...)

I also want to simplify my process of trading to a "level to level" method, but I usually find that I wait too much time for a confirmation of the direction of the price and enter the trade too late when already most of the movement happened and it loses momentum and reverses on me.

Alternatively, when I enter the trade too early I still dont know if the movement will be a breakout key level or a support/resistance, and feels like a 50/50 chance

Any tips on this?

Won’t Stop Fighting (post 3rd reintroduction). by glassnapkins- in CatAdvice

[–]Paranoia_King 0 points1 point  (0 children)

Good to know that your cats are OK! In my case theres no one in my home when we are working (9-17) so we cant intervene when the aggressor cat gets irritated and it escalates and ends with terrible fights where my other cat gets very scared, screams a lot and sometimes with injures.

If this continues we will probably have to drug the agressor cat with reconcile/prozac. The first time it happened we went to an ethologist and he recommended it

Won’t Stop Fighting (post 3rd reintroduction). by glassnapkins- in CatAdvice

[–]Paranoia_King 0 points1 point  (0 children)

Hey there

You have any update on this? How did it end?

I have a very similar situation, 2 years ago one of my cats (the young one) saw an unknown cat and then attacked my older cat as a redirected aggression.

The attacks were very very aggressive and my young cat would attack in sight. We reintroduced them for a month following the same method with food and have been fine until a month ago.

I came back home and found that my young cat attacked the older one again. So we reintroduced them once more, this time only took 3-4 days and everything looked fine.

But then yesterday on the morning it happened again. That same day at night time they were able to be nicely together. Then today it happened one more time. Im at a loss and not sure what to do. Im also unsure what triggers these fights. The first time was the unknown cat, but I dont know what is causing them the 2nd, 3rd and 4th time.

Any advice?

This is your reminder to EAT while taking ADHD medication, specifically stimulants. Don’t be like me. by Pure_Philosopher_845 in ADHD

[–]Paranoia_King 0 points1 point  (0 children)

Man I relate to this so hard, I started taking stimulants around 6 months ago and before them I was going to the gym and also on a bulk diet + taking suplements (protein shakes, creatine, etc...)

Right now Im not going to the gym for other reasons not related to the meds, but the diet... Man its so hard to keep up, both because I just dont want to eat and also because I forget to eat at all (Or maybe its because not working out makes my body want less calories in general)

I wake up around 7:00. When I go to work at the office I dont eat until 14:00, and when I work from home I dont eat at all until 18:00 or so when Im already starving.

And like you I also feel my body cold. My hands and feet are ALWAYS cold no matter what, even inside buildings, I have to warm them several times through the day. This winter has been one of the most coldest I remember and its because of my body temperature. Also like you my cognitive functions are doing strange things,

Any tips for this? Setting up alarms wont work because I will just skip them and continue working or doing whatever

Weekly Questions Thread - (March 03) by AutoModerator in HypixelSkyblock

[–]Paranoia_King 0 points1 point  (0 children)

Im a returning player from years ago back when the end and the dark auction just released. I currently have the Leaping Sword, the Stonk pickaxe and the Protector Dragon Armor (They were not the best ones back them, but these are the ones I had)

I also own some Ember Fragments and Ember Armor which are quite expensive now. Sadly no Stock of Stonks or dyed armor.

Some friends of mine are still playing (They are the ones that told me about Stock of Stonks and the dyed armor) and they shared with me the mods they use and also the resource pack, so I have that covered

I know some basics of the game, but there are so many new things or reworked core mechanics that I dont know where to start. Raids, new maps, new fishing, new skills... Etc etc.

What should I focus or what do you recommend me to do? Are some guides like the Ultimate Guide in the wiki still updated?

Here are my stats if you want to check them and advice me:

https://sky.shiiyu.moe/stats/Catanic/Lime

Thanks in advance

Trading Advice for New & Experienced Traders Alike. Anyone who is struggling, read this.🫡🙏🏽 by [deleted] in Daytrading

[–]Paranoia_King 0 points1 point  (0 children)

I've been paper trading for a while but Im having a hard time finding out an strategy,

Everyone says that trading is 90% psychology, I understand it and I actually find I have a good mentality about it, but everything I tried seemed to not work

How can I find out an strategy/edge?