Hi Joe,
I have finally corrected the mistakes, not to cancel my shame :eek: but not to confuse people.
Now that I can write from a normal keybord and not a BB, let me laugh on myself and comment about your right sarcastic comment about me as being a [B]lecturer[/B]! LOL LOL. I make it because I have learned till here to esteem you a lot.
HOW RIGHT YOU ARE!
On one hand it is pretty correct: after having spent 13 years in collecting academic degrees and 13 in trying (failing!) to become a professional scientist, I must admit my approach being a bit pedantic, tedious, and more complicate than productive! I have embraced trading since more than two years, now, as a sort of “remedy” to my frustrated ambitions, probably.
The fact is that I like it very much, and would [I]really[/I] like to make it for a living, letting my non-satisfactory daily job, finally apart. But, as a father and husband, I cannot afford making it without the needed capital (also for buffering out bad times…).
So, between job, family and few other things, the time that I can really dedicate to what I would like becoming my professional job, is reduced to a couple of hours exactely between the close of the US and the open of the Asiatic market… so basically when nothing goes on, even in the so called 24/7 forex… I fear that even your nice system cannot make a lot, under such circumstances.
With your long and fruitful experience, I will surely appreciate your suggestions on this topic. I thought, already, to try it on D1 bars, but I fear I would get about one signal every two or three weeks…
Therefore, please understand my “lecturer-style”. On the forex, on shorter timeframes, I think that for me finding a system where a computer can place trades for me during my office times, is basically the only solution! And therefore I continue focusing on math, algorithms, formalization of systems, methods and concepts, because it is the language I can talk to computers (and also because, as a scientist, I love them too. LOL! :D). And this is why I go on reading and looking around…
Well, with options, as I said, things are a bit different, because there you mainly work with spreads, where you start out from the beginning hedging risk and playing on volatility swings more than price swings. Also if the direction forecast is not completely precise, there is room to profit also from small sideways moves in either direction. The problem, there, is that, if forecasting the range of small variations for a brief period is not terribly difficult (I manage it quite nicely, now), the trade must hold the market into this small range over three-four weeks. And forecasting the price now for three-four weeks is… not so easy! LOL:D.
So: you or anybody else. Have you a suggestion for a “roadmap towards the freedom”? LOL
I am a quite hard worker: this, I hope, is quite clear. Please don’t ask me to stop sleeping: because, this I need! LOL LOL
bye
Fabio