anyway, for me there are times where you're guessing and when you know what is happening because you've seen the setup many times before. that's the time to go big. the rest of the time, go small.
In tea leaves we trust!
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} I am just being generous giving 30%. BUT NO. Not with an EA.Ignored
Disliked{quote} Your edge is your skill and understanding of the market. Yes, if you don't know how... then you are correct, you need 50% win rate.Ignored
Disliked{quote} To clarify, when I am speaking of having an edge, it is within the context of following a particular strategy. Therefore, it must be a win rate above 50% to prove it's not mere luck. Indeed, if you have good risk-management, you can still come out ahead with a crappy strategy. But that's not the point. What I would like to see is for someone on FF to prove he or she has an actual edge in the Forex market. I doubt anyone would accept the challenge.Ignored
Disliked{quote} Most people build EA's around strategies they construct. I did the opposite, I let the EA parameters build a strategy and I was absolutely shocked at the results. Until then, I thought it was not possible to get any winning strategy with less than a 30% win rate.Ignored
Disliked{quote} Are you looking for someone to give you a strategy to trade?Ignored
Disliked{quote} I am a learner. I am always looking for new ideas to try. But that's not my point. My point mostly has to do with being frustrated with braggers, fake trading gurus selling courses, and holy grail indicators that marketers push. Such people act like they have it all figured out, but I haven't seen any of them prove they have an actual edge in the market.Ignored
Disliked{quote} I am a learner. I am always looking for new ideas to try. But that's not my point. My point mostly has to do with being frustrated with braggers, fake trading gurus selling courses, and holy grail indicators that marketers push. Such people act like they have it all figured out, but I haven't seen any of them prove they have an actual edge in the market.Ignored
Disliked{quote} To clarify, when I am speaking of having an edge, it is within the context of following a particular strategy. Therefore, it must be a win rate above 50% to prove it's not mere luck. Indeed, if you have good risk-management, you can still come out ahead with a crappy strategy. But that's not the point. What I would like to see is for someone on FF to prove he or she has an actual edge in the Forex market. I doubt anyone would accept the challenge.Ignored
Disliked{quote} Now with the release of MT5 with its capabilities, programmers are doing wonders. I'm not even talking about neural networks. It's just that no one will show you. If you are familiar with MT experts, then you should know about robot battles in MQL.Ignored
Disliked{quote} I will say it again, your edge is the right understanding and skill that build base on that understanding. Proof? What proof you want to see to remove your doubt?Ignored
Disliked{quote} If your win rate is 50% or less, and you have good risk-management, and you are satisfied with your win rate, then why bother thinking at all about market structure? Why not just flip a coin: heads to buy, and tails to short. Then apply risk-management. You would probably end up with similar results. My point is it's more likely that it's your risk management that is making it possible for you to be ahead with a win rate of 50% or less, not some special indicator, or candlestick pattern, or mastery of market structure.Ignored
Disliked{quote} To prove it's an actual edge and not mere luck, a strategy, in my opinion, should have a win rate above 50% out of at least 100 trades, and should be accompanied with proof of consistent profits. Scalping does not apply.Ignored