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- nick_l replied Feb 12, 2009
It's probably much higher than 90% that lose money because you have to account for survivorship bias. It's probably more like 99.9% that lose money in the long run, mainly because they have no concept of what money management even means.
- nick_l replied Feb 12, 2009
If you need two monitors you probably are trading from a reactionary frame of mind instead of with a plan. I'm not sure how your brain could possibly effectively process all the information coming in from two monitors in a way that's focused and ...
- nick_l replied Feb 10, 2009
Maybe you're asking the wrong question. Maybe there's no need to "solve" a confusion. Maybe a better question might be, "How can I make money with I'm confused or not?" That's a belief. If this a belief that empowers you, keep it. If it's a belief ...
- nick_l replied Feb 10, 2009
In my testing, I might be lucky to find one strategy in 100 that *might* be a winner, i.e. have a positive expectancy. On the other hand, without proper money management, EVERY strategy, including those that seem to be winning strategies, will be a ...
- nick_l replied Feb 10, 2009
GM reported at $15.5 billion dollar loss on Aug. 1. I'm guessing that might have had more to do with the market than which directions the planets were moving.
- nick_l replied Feb 10, 2009
You can apply for a trademark online for a unique name. You can't copyright the technique. If that were possible, I'd copyright this weight loss technique: eat less and exercise more!
- nick_l replied Feb 10, 2009
Wow... that's an interesting distinction. Having certainty when you should be uncertain is the probably worse than uncertainty. Why is it that everything in trading seems to be counter-intuitive, or the opposite of what you "should" feel to win? Is ...
- nick_l replied Feb 10, 2009
Basically, the book "Fooled by Randomness" is all about people thinking they're smart when they really just got lucky. Not that any traders would ever think that way. Actually, from what I've seen, it's usually the opposite. When traders get ...
- nick_l replied Feb 10, 2009
Have your read "Fooled by Randomness?" Nick
- What's Your Biggest Obstacle?
Hi everybody! I'm new to trading forex, but not new to trading in general. Before I jump in to ...
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