XJO 0.34% 7,796.0 s&p/asx 200

07/08 Indices, page-81

  1. 15,516 Posts.
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    Instead of trading intraday 2 point pips like Calvo relying on systems that once the move has already happened, I trade on higher timeframes - 4hour and daily mainly and load but hold position for swing trading.

    DJI see below
    https://hotcopper.com.au/data/attachments/5494/5494398-0b975e3e055758cebca95636b33521a1.jpg


    Now not that I have to prove myself but I buy/sell at key points of resistance/support on these higher timeframes
    https://hotcopper.com.au/data/attachments/5494/5494407-8f2d2b63c0741a9da2811c0d043726e5.jpg

    So yes believe Calvo and his system theory where he relies on robots instead of actually putting in the work to be able to trade. Yes he may make a little squid here and there but his triggers only go once half the move is gone. For example his system would be saying to long now when the DJI has already moved 300 points...

    Each to their own. Trading especially indices is experience, discipline and patience. Thats all it is. Clearly something Calvo dont have if he relies on systems lol
 
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