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Well, look:
That was a crude way of putting it. About mathematically unprofitable: I only know one person who has linked mathematics and the market - Gunn, but he put his life into it.
Why is it that when you trade on the demo without a tower, everything goes well? Because the market is not mathematics but emotions.
Thanks for the example. If I trade on the breakout, it is not the whole movement that wins but only a part of it, I'm not saying that trading on the breakout is not profitable, less effective...
Is it possible to describe an emotion mathematically?
The market is not maths, it's emotion.
110%!!!
Here's the resistance levels on Gunn...
Thanks for the example. Well, if you trade on the breakout, it is not the whole movement that is recouped but only a part of it, I am not saying that it is not profitable to trade on the breakout, it is less effective...
Is it possible to describe an emotion mathematically?
Emotions: hope, fear, greed, etc. How do you describe it? Well, write a formula for love, for example:)))
And part of the movement can be played out if you don't pyramid.
Emotions: hope, fear, greed, etc. How to describe it? Well, write a formula for love, for example:)))
The formula for love!
1+1=2
1+1=3
1+1=4
.........
))))))))))))))))
The formula for love!
1+1=2
1+1=3
1+1=4
.........
))))))))))))))))
The first line is wrong and the last two lines are on point.
2+2=5.6, no more :)))
imho the pair will not fail strongly but will go up in the evening, push off the support line of the daily/weekly chart and slowly crawl up next week by 150-200 pips and then go back down