Edgetrader, sorry to see they have made a mess of your thread, Mate.

You are correct, Mate, the market does not care about my goals. That's why I have to tend to my account and quit when I reach my goals. No one knows if their next trade is going to be a winner or loser. When I hit my goals, I quit and tend to other ...

Sorry Mate but the rat did not find a pattern. The rat found what worked best. The Yale students were looking for a pattern. The rat just turned left.

Averaging down, when used properly, is a valid strategy, Mate. For example, if you only put on part of your position to test the waters, it is OK to add to it SO LONG AS you do not blow your stop loss or your position size. Stick to your per trade ...

The rats don't think, Mate, they rely on instinct. The rats beat the Yale students.

Guess he hung himself in your eyes, Mate, even with 10+ vouches.

If I could get the rats to trade, there would be an equilibrium shift.

That's right, Mate, take your entry when it happens. After you hit your daily quota, what would be the reason to take another trade? How soon after you exited that last trade would your next trigger fire off? If you take one more trade and that ...

image Asia is pushing the pound down. Anyone get the drop?

That's not what I am saying at all, Mate. It doesn't matter how many wins you have. What matters is setting a goal, achieving the goal and stopping. Come back tomorrow and trade again. Don't let the rat beat you.

And they will not let you keep exploiting that, Mate. The market has built in edges and the rat knows how to exploit them. Traders think they are smarter than the rat. The rat beats them.

When to stop trading? For every $1000 in your account, let's say you risk 1% per trade. You set your stop loss at 10 pips and your position size is 1 minilot. If you make 10 pips, with 100% leverage, you make $10 or a 1% return. Do you quit for the ...

You have to learn to quit while ahead, Mate. Don't push your luck. Come back to trade another day.

No. Different skill sets.

Plenty of wankers looking to get on the dole, Mate.

The jokes on me, Mate, jolly good one. However, I did find a dynamic support resistance indicator for MT4.

Glad you enjoyed it, Mate. Now make it work for you.

"The Ethics of Trading - Is Trading Parasitic?" To answer your question, Mate, I would have to say, "YES". There is a winner and a loser. Some traders bust out. They lost it all. They were "eaten" by other traders.

Can you truly assign an expectancy to trading?

Actually Mate, there is one thing about roulette that can make it predictable in the short term - the dealer. If the dealer spins consistently, you can watch where the ball is released and "predict" where the ball will land within 5 spaces on the ...