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- Joined Feb 2009 | Status: Member | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies
Forex Training: What to Look for in a Forex Training Program 1 reply
The Journal Of A Macro Fundamental & Technical Analysis Junkie 26 replies
Trade Anatomy - ramblings of an old-timer 147 replies
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DislikedA little off topic but because this is your thread I'll let you get it back on track when necessary. Have you seen the other video on this guy that he tried to get pulled? It was about his typical day and I swear the guy was just running on "hunches". I wonder if he wanted it pulled because of how crazy it made him look.Ignored
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DislikedThanks for this, been searching for years! I mate of a mate works for him still and by all accounts he's still the legend...Ignored
DislikedHello Seneca, thank you for sharing your knowledge with us.
i am sorry if this is a noob question, but i am a little confused with the market hours you are using.. My timezone is GMT London Time. My question is, what time are you using to mark the daily open? Is 8:00 GMT or 7:00 GMT? And the daily close? Is 16:00 GMT or 17:00 GMT? Do you take in consideration New York market hours, or only London market hours? The weekly open you use is when London market open on monday or is midnight GMT? ... if you could enlighten me I would appreciateIgnored
DislikedThat may be correct, but you can't really put an 'only' in there without qualification. 2% of a multi trillion pound market is actually quite a significant ammount of cash/potential liquidity.Ignored
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My real point with respect to backtesting, and the last thing I will say on it is that you can only know if your method really works if you can SUCCESSFULLY trade it in real time with real money. I don't know how I can say it differently. Its not that I don't go back and look at charts to develop and validate ideas. I simply don't really trust a method until it has made real cash. Adjusting a method to backtesting results is dangerous and can result in faulty assumptions about forward success.Ignored
DislikedI have found that the benefit to maintaining this thread is not worth the time commitment (there is really no benefit). It seems that there are very few questions and little discussion. I don't have anything to offer but hard work so I guess not many are interested. I will check by and answer questions if there are any and I may post from time to time if I have a thought to add.Ignored
DislikedThank you for the thoughts. It isn't that I am upset or anything like that. I have more thoughts to put down I just don't think I will post as often. Again, if you have any questions ask them here I will keep a check on the thread.
I guess I am just concerned for the readers. Yesterday two different posters came here and posted trade calls on GU which did not adhere to the concepts in this thread. I am concerned that people could follow others calls and lose money. I don't want the thread to degenerate to the same BS you read here every day....Ignored
DislikedYeah that's the one. He did make a ton of money but I can't help but feel that his "method" was no more than luck in that instance. No discussion of risk management, if there was any, just kind of a fly by the seat of your pants style. Shouting, screaming, highly emotional. There are even some guys in that video, who were talking about having people buy them in again at certain points like that's totally normal. I think his attempt to get rid of that production was because any investor who watched it would stay far away from him.Ignored
DislikedWith no real time quotes or charts and not being on the floor you HAD to yell down the phone because fo the shear volume of noise coming back at you down the line. I know he is one of the best ever and best of all his Robin Hood Foundation is a great touch.Ignored