The short answer is "no", the long answer is "yes, but... " If you take an individual trader, or an individual strategy, and reverse it, you will not necessarily create a winner. Reversing an individual losing strategy merely creates another losing ...

I will ignore your irrelevant/wrong examples and address your theoretical point. Yes, there are very rarely unknown factors and probabilities, but most of the time you have a set number of possible outcomes and it's possible to derive your expected ...

Listening to that interview at the moment, thanks for sharing. Funny thing is, I've always thought in probabilities/expectancies for basic life stuff - without considering that most people don't think that way. As a statistics-lover, I was also ...

Sure, I'll comment: this discussion is really not similar to research/academics. If you'd like to read an academic discussion, I suggest you pick up a peer-reviewed journal in finance.

No problemo; I was vaguely hoping that someone reading this would just happen to have their chart open to the same date ... Anyway, I went into Dukascopy and downloaded data for that date directly, and compared it to my charts; turns out, it's a ...

I've tried both, as well as using the "show chart" function of Tickstory. All options look the same, ie, wonky Here's the hourly chart of March 28, 2007, I'd really appreciate if anybody could compare with their Dukascopy data if they've got ...

I was fortunate enough to approach trading with two inherent biases in mind. Biases can be bad, but these two have saved me from being too enamored by money management styles, too soon: 1. I learned early on, that past behavior does not predict ...

Hi David - do you know of any coders for hire whom you'd recommend? (Feel free to pm me if you'd rather not talk about this in public) I'm looking for someone to code a simple ea (I know all non-coders say it's "simple", but the ea-coding husband ...

No problemo, I know how important it is to save your eyesight for the stars You know, he actually looks better than in the last shirtless photo I saw of him

Thank you, Copernicus, for explaining my impatient post eloquently (although, correction :nerd: - "her" comments, not "his" ) She1, with the strategy provided, you have negative expectancy (Google the formula) In addition, you're not factoring in ...

I don't have to tell you that martingales don't work; you've just said so yourself. In addition, here's a nice post about a martingale that worked well for a while: url If nobody has been able to make a martingale strategy work for them yet, what ...

Xela, I enjoy your informative posts, but it seems like you have more energy and faith in people than me. Other threads where you might wish to play the masked avenger and save newbies from gruesome scams include the "best winning strategy" and ...

A bit of bad wording on my part, sorry - I actually meant in terms of performance of the platform! Although I'll have to look into the portfolio backtesting solutions (Once I'm done with going through the toptradersunplugged transcripts - thank ...

Totally in agreement with you regarding diversification! In many forms... despite my interest in forex, I'm actually a very risk-averse person, and when it comes to funds/savings/investments, diversification is invaluable. I'm a little curious how ...

Threads like this make me smile Someday, newbies will no longer be newbies, the only question is, how much they'll have paid for the experience.

Google average trading range by session for the currency pairs you wish to trade. You'll easily understand when more volume enters the market. When does price move rapidly? Watch the charts, alongside a live (non-delayed) newsfeed. You'll soon see ...

Well, I'm a discretionary-method person, but sometimes (always?) it's hard to have faith in your discretion. I've found that applying a 2SDC channel and then choosing the swing high above the 2SD mark seems to work well for me in terms of SL (for a ...

Hi C, I'm a fast reader :nerd: Ok, so after about 5 pages, I skipped forward a bit to read the recap post I'm trying to develop my own trend-trading approach, and my one big take-away from your approach is the use of the SDC. Amazingly, a 2 SDC ...

Still in the process of reading through this thread... good to hear about your experiences with IG Markets I'm looking into various brokers for long-term strategies; due to the length of the holding period, swaps become important. What are swaps ...