I have more than 2 years experience, thank you, even if the account doesn't. I see a lot of cult like behaviour in forex, it would seem that you might fit in that category when you call people asking reasonable questions "doubters". Good luck with ...

Oh I see that you don't have one. Well if that's good enough for you then that's ok, but let's be honest about it. You've attacked me when I've never claimed to be one of the best traders of my generation, I'm also not selling anything nor have I ...

That's a biography, not a track record.

I did a search and couldn't find any such track record. Could you link me to it? No need to be so defensive, I'm just asking a question.

Hi, I'm just wondering how you know this man is one of the most successful traders today?

Interesting idea and reading this inspired me to do my own analysis of where the day's high/low fell over the past 5 years with greater precision and separated by the first and second high/low of the day. My data suggests that a high/low is likely ...

I feel the same way about you, you seem to completely miss the point and you seem to misunderstand what you are talking about. I could restate what I've already said but there is no point. You're using technical language to mask the fact that you ...

No I'm not. It's not about doing anything, it's about the concept. It's about the line being arbitrary. If you picked it arbitrarily then all of those potential lines are just as relevant as the one you picked so there is no reason to close the ...

Yes I get that is how you are trading it, but my point is that if the line is arbitrary there is no basis for the stop loss and no reason to consider this line rather than the line 1 pip above or below or anywhere else and for that reason there is ...

Surely if it's a pure unskewed random walk then the likelyhood of the price going up by say 10 pips is exactly the same as it going down by 10 pips. The same would be true for 20 pips, 30 pips etc at any given point. Is that not true of a pure ...

Well in the case that price action is a pure random walk there is no edge and no matter how it moves around a fixed point there is no way to consistently make money. I was not familiar with the term lévy flight but looking it up it would appear to ...

He talked about a 5 pip stop loss. That's a big problem. Of course you wouldn't have to do it that way but then you'll lose more when you do/win less when you win. As for the statistics I would test it in a way that demonstrates profitability. For ...

And how many times on average does it take to capture the move? That is the real question. It's all very well saying that the high/low will get taken 66-70% of the time but that in and of itself is not an edge because the close is going to be much ...

What is the point in stating the obvious like this? I see this all the time. It's just like saying if the price goes up it goes up.

Do you guys have any information on jet fuel and steel beams?

No, but either way the "rules" people give on money management are often quite stupid. Why don't you risk a very large amount? I.e. 10%+ or something like that. It's because you want to avoid the likelyhood of a particular drawdown in a given number ...

I'm not sure you know what mathematical certainty means... Yes brokers don't lose money, but there is no mathematical certainty that they can't. But more importantly you don't know if that is because the positions average themselves out and they ...

Not correct. 84% might lose only because of the spread/commission. Also 84% might only lose a little bit and the 16% might make more than this in total. I don't think they do but it's not a mathematical certainty.

Hmm can't say I'm convinced, it sounds a lot like confirmation bias to me. Did you take this trade for real or is it just an example? Do you keep stats that confirm that filtering by volume is a good idea?

Not really. I can't see that a bounce in night time that doesn't take out any structure is very bullish. I also can't see that the dip is on decent volume, seems about the same as you'd see elsewhere at the same time of day. The close of the candle ...