That is the heart of it I think. Nothing wrong with his basic method aside from the anti-hedging part. He fell into the emotional trap which in and of itself doesn't say much for his trading skills.

I think you pretty much got the idea. That is what makes the most sense.

Wow, a reasonable rational response. What are you doing here? This is a place for conspiracy theories and fantasy economics.

Oy Vey.....the "they took our freeDumb (sic)" argument. Nothing new to see hear. Just another flag wavin "patriot". Meanwhile you are probably buying cheap drugs from Canada......all in the name of "freeDumb".

I disagree with the whole premise of comparing theories of time required to become an expert in a profession to trading. You are comparing apples and oranges. All professions requiring degrees require one to learn massive amounts of information and ...

I learned a lot by reading the forums. I learned there are a lot of way to lose money and people will believe just about anything if you can convince them they can make money at it. And yea, the most important thing I learned is that the vast ...

Otherwise known as pyramiding or averaging up. This is how I usually stack. There are a few different ways to do it. Here is one way. url

I like how you can get away with saying that without moderator action but people who are not defending Jacko or James16 would have been banned for such an obvious violation of the rules. Kinda curious doncha think? I wonder if you would walk the ...

And looky what we have here. Jacko and James16 are both on your buddy list. Well isn't THAT special! It's curious how Jacko and James16 always seem to be popping up in the same places. And there is this common cast of characters associated ...

I swear there are cough..j16..cough nazis who spend half the day running a search engine on FF looking for an opportunity to attack anyone who dares to question their beloved deity. Let's see if the mere mention of the person who never posts live ...

His system was sound and parts of it are used by many people around here to this day. So there is nothing fake about that. Because everything was on the table it was also apparent he started losing money on his trading activity and that was when the ...

He most definitely did trade. Unlike someone else around here who has a commercial website and earns a LOT of money from suckers..errr clients, he would actually post live trades so that is 100% for real and cannot be faked. Of course there is no ...

Using common sense and knowledge of his progression. I would say he was a legit trader that had some success initially. Eventually the gambler inside got the best of him and he started losing more and more money so he took other peoples money to ...

My read is kind of neutral since Daily is sideways. I will be shorting on peaks and buying on valleys on 1H in hopes of catching a run either way when it does decide on a direction.

If you lost 20% of your account in 2 days that is not bad trading or a bad system or over trading or the wrong time frame. That is bad money management IMHO.

Thanks. I've looked at that one. I also use freestockcharts.com on occasion. Had another look around for an MT4 indicator that calculates it and still could not find anything decent. Oh well. Just can't understand why most of the major brokers do ...

that chart you posted is usdx not e/u. Speaking of which. Anyone know where I can get a good chart of dollar index that I can mark up and analyse through out the week? My MT4 provider and most others don't provide usdx and it's quite frustrating. I ...