Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Winners scale winners, losers scale losers 12 replies

Is Forex a ZERO Sum game? 62 replies

If losers average losers, then I am a loser 10 replies

Discussion on "Zero-sum Game" Article 7 replies

Forex: A Zero Sum Game? 18 replies

Attachments: Forex - A negative sum game for losers
Exit Attachments

Forex - A negative sum game for losers

Quoting tiborf71
when I was a rookie, I started learning with huge hopes, but as the years went by and the more I learned about forex trading, the pink mist began to clear up. the point is to pick up the market as if it were random. and that is the right way. the technical analysis assumes that the market is not made up of random movements, I would rather say that the market is not always random. the traditional technical analysis will not work, but you have certainly already figured this out. there are contexts in the market that can be traded profitably,...
All the charts you see here have been randomly generated. As you can see, you could draw trendlines, find candlestick patterns, detect supply&demand zones, etc... which raises some questions regarding the very nature of the markets.

Are my randomized charts here comparable to real markets? To what degree markets are random? 100%? 90%?

If markets are mostly random, can we profit from trading them?

And if markets are profitable (in theory), how can we successfully detect windows of times where they aren't totally random?

But wait, there's more. Out of the four chart shown here, I know for certain that 3 are totally random and one contains an implicit bias (it is still random, but an underlying statistical trend up or down is applied). Which one isn't 100% random?
Attached Images (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 50 KB Click to Enlarge Name: 2.PNG Size: 48 KB Click to Enlarge Name: 3.PNG Size: 47 KB Click to Enlarge Name: 4.PNG Size: 48 KB
Quoting b4rhep
traders fail for two reasons 1- think they are sometimes right the truth are ALWAYS wrong 2- close their losses very quickly (just what the brokers want) So... know that you will ALWAYS be wrong and that you will not close your losses so fast start thinking like that and you will have extra income for the rest of your life
If a trade is wrong, get out

Trading is very simple. why risk a large draw down because you are stubborn.
Trading thin liquidity at the boundary of the charts
What is the highest leverage that you have used until now?
I have used 300x.
Leverage above 5 gives you a significant mathematical disadvantage in a zero sum or negative sum game.

Retail leverage was far too high but regulators finally step in. The latest change will be:

https://www.financemagnates.com/fore...ed-volume-dip/

Aussis are going to 30:1 max leverage too adopting the ESMA leverage caps by March 31, 2021.

Switzerland must follow with a max of 30:1 and a negative balance protection for retail customers. If they can't ensure enough liquidity to close out retail positions without bringing their accounts into negative balances, they still offer too much leverage. It's that easy.

Dukascopy, Saxo, Swissquote.... etc. all of them have to be regulated stronger to prevent an other SNB EUR/CHF desaster. Same is true for crypto..... if that shit crashes retail CFD crypto heros will lose their shirt..... that's as sure as the amen in the church.
0 traders viewing now