- Fradix replied Dec 28, 2015
I think this is the best answer I've read in this thread. (If this were Facebook, I'd just click on "Like").
- Fradix replied Jun 16, 2015
Totally agree with this! I also agree with Gobigfx (or at least willing to hear him out). Also, I've been thinking about starting a thread about the myth of Fibonacci, but I know I will get even a bigger shit-storm than what's going on here, so I ...
- Fradix commented Jul 21, 2014
Hey, remember that time in 2001, when a runaway Ukrainian missile shot down a Russian airliner traveling to Tel-Aviv? I am sorry to say, but the Ukrainians cannot be trusted with sophisticated equipment - remember Chernobyl? It was such a great ...
- Fradix commented Jan 2, 2014
As always, it is a matter of definition. If 100% return sucks - I'll be that sucker any time!
- Fradix replied Aug 22, 2013
Exactly what I was going to say on this. Just make sure you don't increase your lot size beyond your risk tolerance, i.e. do it only when your account grows enough.
- Fradix commented Aug 7, 2013
The guy will not live until September. The bank will solve the problem the usual Russian way - hire a hitman.
- Fradix replied Aug 5, 2013
Yes, there is at least one successful EA out there. It brought me into Forex back in early 2009. It's commercial, but not expensive. There is much more to tell in this story. If anybody is interested - talk to me.
- Fradix commented Jul 11, 2013
The biggest problem I see with trying to catch the big move caused by a news release is liquidity. Everybody is trying to either get into the right direction or to get out of the wrong one. Suppose there is a rally and everybody is trying to buy. I ...
- Fradix commented May 25, 2013
Yeah, like men can't get derailed by some major event in their lives! If a woman got into successful trading in the first place, she surely can get back to it after a few years of intense motherhood. I know some women who successfully continue their ...
- Fradix replied Apr 18, 2013
That is the first argument on this subject that looks like it might have an actual mathematical basis behind it. However, while the Fibonacci sequence gives rise to some fractal functions, not every fractal is Fibonacci-based. So the connection may ...
- Fradix replied Apr 18, 2013
The attitude of traders toward this Fibonacci thing kind of reminds me of religion. Given enough faith the practitioners can come up with tons of rationale behind it. You know what, having enough faith can really make it work for you. I am glad for ...
- Fradix replied Apr 17, 2013
Fibonacci is the biggest myth persisting in the minds of traders worldwide for a long time now. Almost every single book on trading that I've read talks about Fibs and all of them admit that no one has a real explanation of why it is supposed to ...
- Fradix commented Apr 16, 2013
Can you share your market model? If it is reasonable, I am sure there are many people here who would listen in. How successful are you with it?
- Fradix commented Mar 31, 2013
Yep, the same old advice that has been repeated over and over again. If you follow it, it will certainly help you survive longer, but won't make you profitable. Especially what amazes me is what they all keep saying about the risk-reward ratio. As ...
- Fradix commented Mar 27, 2013
I wonder how did the Cypriot decision makers protect their own private funds? Because surely they don't keep all of their money in Swiss accounts. Did they smuggle their money out the bank's back door? Obviously they were buying time to figure out ...
- Fradix replied Mar 10, 2013
My point was: there is more to trading than just a system and personal discipline. You guys seem to be pros. Did you figure out what are the other factors that differentiate winners from losers? BTW, nubcake: please correct me if I understood you ...
- Fradix replied Mar 9, 2013
You know, martingale is actually a theoretically winning system, it just requires unlimited funds.
- Fradix replied Mar 8, 2013
Consider this. A system is usually based on some sort of a model of market behavior. When you develop a system, you apply certain reasoning to this model. I say, a bad system is not a consistently losing one, but rather one that provides ...
- Fradix replied Dec 27, 2012
Check out this book: url It's exactly on the subject of this thread. By the way, I tend to not believe in the effectiveness of any such saving technique. I think that if your judgement is not good enough to produce enough winners, why would it be ...
- Fradix commented Dec 19, 2012
Well, according to this, I am not a new trader - only half of #10 applies to me. Still, after 3.5 years of this, I cannot consistently make money even on a demo!