/biz/ - Business & Finance

both euro and japan are looking to keep rates at 0 for next 30 years now. then japan would have had 50 years 0% rate :D in japan during that time 0 rates did not support housing market it crashed, but jpy has held value very well

>>9737861

>>8633483
>after the event drawed lines
>clear violations there that would have cost you failed longs

There is no point doing your charting if you cant even backtest whatever you are doing.

>>4891108
Same here, people talk about ema crossovers or whatever and dont even offer backtested results, which i know are going to be disappointing for such strategy.

I cannot believe people are this dumb. No wonder there are talented world class hedge managers and retail forex traders making over 500 million usd alone in crypto this year, it's like nhl team plays amateurs who cannot even skate

180b cap asset must swing quite randomly in order to clip the herd of trend followers

if you trade indicators whether it's moving average or volume or whatever, you always need to backtest them. 100-500 trades per asset class / instrument, the slower timescale the better. include speards and fees. worthless to backtest something such as dow 50 years past as market dynamics changes dompletely 15 years ago, making traditional strats worthless while they used to be insanely profitabe le 30 years ago

and even 99% of backtesting is done incorrectly fitting strategy's parameters to the past data thus worthless.

>Gold and silver are sitting at their floor.
>Dollar is finding new lows and crude oil is almost 60.
>When crude passes 70 expect gold to be 1400 and sikver 20

oh god

just look at markets, nasdaq atm +2.2 %, stocks such as amazon +13% !!

it's a wild market from now on the money is starting to flow, bitcoin is still relative small by market cap in this market. you have both gold bugs, real estate retails in danger, yuuuuge marke, and bond markets bitcoin could suck in THEORY insane amounts of money

i would estimate intraday forex or gold or wti or something like that for retailers after spreads and slippage is nearly if impossible 2017. bitcoin might be possible to intraday trade maybe with a slight profit after spread, but not many trades during a day

obviously in stock markets there are retailers who can make significant profit intraday, there are several verified track records in tokyo for example, probably best retail traders still live, with something like 30k --> 300 million usd first years they can achieve outstanding profits but as their bankroll grow large enough, over 100m they cannot intraday trade anymore and are forced to trade longer timeframes, while also their annual profits decreasing greatly, being only slightly better than best hedge funds in the worlds on risk adjusted basis

Only stops will be ran but you cant sell 70 billion market down without taking a loss yourself and then even retailers would beat you to death buying low

no effect, positive effect if any, traders have are already become immune to china ban news

>>3507393
Fridays and saturdays are horrible at /biz/