Its going to be a question of probabilities that form part of calculating the positive expectancy of the opportunity. Fundamentals and their various components will contribute in one way (maybe negatively), Technicals will contribute probabilities (some positively, some negatively) - Evaluating all of these will give you an overall expectancy as to whether to take the trade or not - hence not necessarily as simple as saying Fundamentals give a Go or a No for the trade.
The markets are not that simple, trading is a skill that has to be developed, not a series of simple repeatable rules. Being self-critical, I think the points I made in this video were not as clear as I would have liked them to be - sometimes things are more difficult to explain than other times. However, I disagree with your point that nothing was said - the three tips I gave are important and are genuinely things I rely on 1) always knowing your next decision point, 2) estimating the probabilities, 3) partially scaling out to satisfy the need for instant gratification. The rest was explaining the rationale behind those points and why I believe they're important.
Kid listen, there is no automated strategy that works long term. If duomo had one, do you think he would give it out for free. He isn't that generous. No one is. If you are looking for something easy and quick you will be part of the 80% that lose.
@@Duomoinitiative Your points were super clear. You weren't talking to the elements of the Duomo system in full, but giving us great well presented advice on trade management. Spot on. Thank you.
@@Duomoinitiative yes, but we are talking about probabilities also when we have set of rules. Thats mean that if we set it, it will be 55% chance that price is going down or up. It is the system. Everything you talking is too subjective, one man see something another one see something else. One said it is demand, or support. It is too subjective, and it is so easy to analyze past graphics on cheart. Yes, but if you put it in love training it is suddenly not that easy and in most cases not profitable. And after all this talk we come to coin flip and 50% win rate at the best. Than from my opinion, it is much better to have set of rules to follow and have some automated strategy to follow. And finally, all systems at banks or fonds are fully automated.
Wow, great advice in this video and you were barely scratching the surface. Trading is truly an art.
A great one !😍
The beard suits you bro keep it up
I have a question ,,, how usually go against fundamental analysis and just respect the technical levels ??
Its going to be a question of probabilities that form part of calculating the positive expectancy of the opportunity. Fundamentals and their various components will contribute in one way (maybe negatively), Technicals will contribute probabilities (some positively, some negatively) - Evaluating all of these will give you an overall expectancy as to whether to take the trade or not - hence not necessarily as simple as saying Fundamentals give a Go or a No for the trade.
🎉
where is Nicolas? bring him back
What do you mean? 😂
@@Duomoinitiative The Beard hits hard mate , keep up with the videos looking forward for more
Lot of talk, nothing said. Classic. Give us some mechanic system, something what is repeatble and can be automated. Thanks
The markets are not that simple, trading is a skill that has to be developed, not a series of simple repeatable rules.
Being self-critical, I think the points I made in this video were not as clear as I would have liked them to be - sometimes things are more difficult to explain than other times. However, I disagree with your point that nothing was said - the three tips I gave are important and are genuinely things I rely on 1) always knowing your next decision point, 2) estimating the probabilities, 3) partially scaling out to satisfy the need for instant gratification. The rest was explaining the rationale behind those points and why I believe they're important.
Kid listen, there is no automated strategy that works long term. If duomo had one, do you think he would give it out for free. He isn't that generous. No one is. If you are looking for something easy and quick you will be part of the 80% that lose.
@@Duomoinitiative Your points were super clear. You weren't talking to the elements of the Duomo system in full, but giving us great well presented advice on trade management. Spot on. Thank you.
In other words , do work for me because I’m lazy . Got it
@@Duomoinitiative yes, but we are talking about probabilities also when we have set of rules. Thats mean that if we set it, it will be 55% chance that price is going down or up. It is the system. Everything you talking is too subjective, one man see something another one see something else. One said it is demand, or support. It is too subjective, and it is so easy to analyze past graphics on cheart. Yes, but if you put it in love training it is suddenly not that easy and in most cases not profitable. And after all this talk we come to coin flip and 50% win rate at the best.
Than from my opinion, it is much better to have set of rules to follow and have some automated strategy to follow. And finally, all systems at banks or fonds are fully automated.
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