{quote} I never said the longer timeframe was pure luck wow. This is what I said. I said luck can have a significantly more impact on the higher time frame is the short run due to the low commission cost, hence you need a lot more trades as a sample size. It's clear you feel the need to disagree with me but every single thing I said is true and can easily be proven.
{quote}imagine you are trading on the higher timeframe 50 pip stop loss vs 50 pip Tp after 100 trades It's not unlikely to win 55 and lose 45 in a random series, you P and L will indeed be positive despite your results being pure luck.
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{quote} Dude if you were to randomly enter 100 trades by flipping and coin and won 55 and lost 45 on the higher time frame would be profitable as such you may think you have an edge despite the fact that the results of the series of trade could easily be explained by luck hence you need a larger sample size about 1000 trades then if you win 550 and lose 450 it means something. However on the lower timeframe, if someone is profitable after 100 trades, I can 100% sure they have an edge as they would need to win atleast 70 and lose 30 just to be breakeven...
{quote} I never said the longer timeframe was pure luck wow. This is what I said. I said luck can have a significantly more impact on the higher time frame is the short run due to the low commission cost, hence you need a lot more trades as a sample size. It's clear you feel the need to disagree with me but every single thing I said is true and can easily be proven.
{quote} Tickmill is around 5 dollars a lot which is cheap. there is an option to get.3 pip but it requires more capital, I may attempt to get it to reduce once the grows a bit because what I lack in the capital I will make up for it with the number of trades I take not uncommon to make 100 trades a day.
oing same ting over expecting different results..Einstein
