factory order trigger for shorts? 
Hero calls followed by margin calls...
- #380,842
- Feb 7, 2011 5:01am Feb 7, 2011 5:01am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
You are allowed to disagree and I shouldn't have been so sharp in my saying, but reading stupid shit pisses s me of from time to time. I have seen even Merlin being pissed of so ill hide behind him
However, if you have an edge taken from backtested results it is most likely to have been curve fitted and wont help you much in the future, well it will, but not often enough...
I am not saying you shouldn't know you're risk. I am saying that you have to take what you are given and you cant possible know the reward if by playing the game dynamic....
I was not talking about backtesting (obviously a vaild option for quant and system traders) I was talking about your actual performance in terms of r:r using the exactly same plan in a long series of trades. My point was that you need to know the results, performance and risk using the same plan, same conditions for entry and exit (including the stupid mistakes) in at least the last 3 years (if you are swing trader) or a good couple of hundred trades in different conditions and volatility if you are intraday. Without that info is impossible to know if you have an statistical edge or not (well you can loss everything before and thats enough proof that you don't obviously).
Also, my comments wasn't on the academic discussion but in hard cold numbers to define statistical edge so the number of trades and the type of trading is irrelevant. If you don't have a good r:r with a consistent and equivalent winning ratio you are doom regardless of 250 trades a day or 1 trade a year.
In any case, I think we both understand each other point and I believe we are talking about a related issue but not exactly the same ...
Good luck mate and let see what price does in the first attempt to break down.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #380,843
- Feb 7, 2011 5:02am Feb 7, 2011 5:02am
- Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- #380,844
- Feb 7, 2011 5:02am Feb 7, 2011 5:02am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #380,845
- Feb 7, 2011 5:04am Feb 7, 2011 5:04am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #380,846
- Feb 7, 2011 5:05am Feb 7, 2011 5:05am
- Joined May 2010 | Status: Khizer | 1,387 Posts
that news makes us near our targets...
factory order trigger for shorts?
Trade what you see, Not what you think.
- #380,847
- Feb 7, 2011 5:06am Feb 7, 2011 5:06am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
making green pips large and red pips small this is my goal.
- #380,848
- Feb 7, 2011 5:06am Feb 7, 2011 5:06am
- Joined May 2010 | Status: Khizer | 1,387 Posts
yeaaaa eee yea...
Trade what you see, Not what you think.
- #380,849
- Feb 7, 2011 5:06am Feb 7, 2011 5:06am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
yo shorted DPP BO as well.
dont wanna fight against 3545-3550
Hero calls followed by margin calls...
- #380,850
- Feb 7, 2011 5:08am Feb 7, 2011 5:08am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #380,852
- Feb 7, 2011 5:09am Feb 7, 2011 5:09am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #380,853
- Feb 7, 2011 5:09am Feb 7, 2011 5:09am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- #380,854
- Feb 7, 2011 5:10am Feb 7, 2011 5:10am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
long scalp 3547.
lets c : p
Hero calls followed by margin calls...
- #380,855
- Feb 7, 2011 5:10am Feb 7, 2011 5:10am
- Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- #380,856
- Feb 7, 2011 5:12am Feb 7, 2011 5:12am
- Joined May 2010 | Status: Khizer | 1,387 Posts
Trade what you see, Not what you think.
- #380,858
- Feb 7, 2011 5:13am Feb 7, 2011 5:13am
- Joined Aug 2010 | Status: Chaos is a ladder | 1,268 Posts
Good week start. TP hit +80
"To hold, you must first open your hand. Let go." - Lao Tzu
- #380,860
- Feb 7, 2011 5:14am Feb 7, 2011 5:14am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++