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  • (PART 3) Peter Campbell (Markets, Madness & Opportunity)

(PART 3) Peter Campbell (Markets, Madness & Opportunity)

By JohnLast 2751 days ago Comments (4)

http://www.lodmell.com800-231-7112 In this Special Edition of The Mind of Money, I ask Market Expert, Peter Campbell to help me understand what the current market environment and Fed Policy mean for Investors. I can tell you this is not a conversation you will hear on CNN, FOX, MSNBC or any of the major media outlets! If you want to understand what is happening, then this video is a MUST WATCH!!

Comments

  • JohnLast 2751 days ago

    Here the methodology is explained.

  • JohnLast 2724 days ago
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    От 21 октомври 2011

    I was thinking about what he was talking about and I made my own implementation using

    -the open orders knowledge to define exit levels

    -low leverage 1 to 1 (2) of of the positions

    -classic technical analysis with several improvements: market state analysis (and momo's ideas for fractal market state analysis), fractal dimension analysis and entropy data discovery for defining pockets of predictability). 

    -order management as described in the video by Peter Campbell.

     

    I think that one of the greatest myths is that you need a lot of leverage to make money. The opposite is true. You need a low leverage to make money. That is because the market fluctuations are difficult to predict and if you use a lot of leverage that puts you in a big disadvantage. The market is fractal there are zig zags. When you use a lot of leverage you would be forced to close at the zig, with low leverage you can wait for the Zag. LOL.

    And we have some instruments telling us when to close. 

    Now I just have to figure out what exactly I did. And to formalize the decision making process.

     

     

     

  • JohnLast 2724 days ago
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    От 21 октомври 2011

    When I use a whole lot of leverage I would use it only when in a pocket of predictability. So when we combine both the equity looks like that.

    /As I have problems with overtrading for 10 entries on a demo I take only one in my real account, so this is what it looks like in the demo account/.

    However this can be used to win demo competition with no risk with the possibility to take the prize.

     

     

  • JohnLast 2724 days ago

    I just want to say that it is discretionary trading and not an optimization over past history.