Breakeven Stops: At Entry or 1-2 Tic Profit? | Psychology and Money Management


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Breakeven Stops: At Entry or 1-2 Tic Profit?

  #15 (permalink)

south africa
 
 
Posts: 170 since Dec 2018


snax View Post
@centaurer you have hit upon a topic which has bothered me, the fact that there is so much cargo-culting of information that is of questionable value. But that's a huge topic. And I think exploiting this condition could be a rich area for developing an edge perhaps.

There is all kinds of strange historic artifacts IMO. Why does every charting package default to different color up and down bars even though absolutely no one uses that information for anything? Especially red and green that has all these associations with traffic signals to nicely throw some unneeded bias into your brain as you try to make a decision.

Then IMO there is a ton of cargo cult stuff because there is self interest in selling things that don't work but can't be easily shown to not work.


Last edited by centaurer; May 11th, 2019 at 04:27 PM.
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