DislikedI know there are people here (call them Group A) who see a random, efficient market, while others (Group B) see an inefficient, non random market.Ignored
No greed. No fear. Just maths.
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DislikedI know there are people here (call them Group A) who see a random, efficient market, while others (Group B) see an inefficient, non random market.Ignored
Disliked{quote} Am I the only one in group C, who sees a random, inefficient market?Ignored
Disliked{quote} Red, back to your first post. One interpretation of this is that, if the market is efficient and random, then trading it is stupid and a waste of money. My experience is just the opposite (I have documented much of my trading in my Journal). I know there are people here (call them Group A) who see a random, efficient market, while others (Group B) see an inefficient, non random market. So, here's a chart. When considering a traders job, what are the differences between the two groups? I know they disagree on how the chart formed. And no...Ignored
DislikedIt all depends on what you mean by Price, Predictability and assumption....Why do you need to predict price? When current market price breaks a line of support/resistance it usually does so for a reason, Be it money flow relationships, candle patterns, fundamental news breaks, whatever.Ignored
Dislikedcut out the BS and maybe, just maybe you'd actually learn something and stop losing money and being so angry!! {image} {image}Ignored
Disliked{quote} {quote} Um...well, this is in fact something that would resemble proof... Only thing is... 14 and 25 are 2 very different numbers. Even if we took the "ish" into consideration... You Fool!Ignored
Disliked{quote} Aaaaaaaaaaaaaaand... IF we took this as 5% of your account, you have whittled your $500 down to about $300, meaning that you are actually going in reverse.Ignored
Disliked{quote} {quote} Um...well, this is in fact something that would resemble proof... Only thing is... 14 and 25 are 2 very different numbers. Even if we took the "ish" into consideration... You Fool!Ignored
Disliked{quote} dont be that hard man... even 80% succes rate systems have some bad trades (i like r/r on that 1st trade ) and, on the other side, im sure that is the litlle account, he opened special for us to show anyway, i apreciate turv`s effortIgnored
Disliked{quote} dont be that hard man... even 80% succes rate systems have some bad trades (i like r/r on that 1st trade ) and, on the other side, im sure that is the litlle account, he opened special for us to show anyway, i apreciate turv`s effortIgnored
Disliked{quote}, he just pushes buttons and crosses his fingers and isn't really sure of what he is talking about on any other subject... Go figure. {image}Ignored
Disliked{quote} Yeah...I just looked at the trade times... Close both at the same time. So, he was actually in the shit on one...cost averaged in and took out both for around net 20. Meaning... All that fucking wailing about running grids when he is cost averaging is just more bullshit. Reason he cannot define his "System"...is that he doesn't actually have one, he just pushes buttons and crosses his fingers and isn't really sure of what he is talking about on any other subject... Go figure. {image}Ignored
Disliked{quote} for 80% i would keep my fingers crossed too, hell, i would add a prayer for another 10%,Ignored
Disliked{quote} for 80% i would keep my fingers crossed too, hell, i would add a prayer for another 10%,Ignored
Disliked{quote} 9 pips dont have anything to do with fundamentals. Fundamentals take months to get translated into prices. One data figure does not mean anything in this sense too. It takes months of data or say a trend of data figs to change the view of policymakers and traders sentiment towards the related instrument pricing. In the shortterm its just the mass's expectations of news outcomes and results whether the outcome met, above or below the expectation which fluctuates the market. .Ignored
Disliked{quote} Unless I have missed something here... There is absolutely zero evidence that he has: Hit 80% on his trades. Managed this number consistently. or Increased his account size. There is no proof that the 20% of the time that he is wrong doesn't completely erase all gains and a little more. Going off of his math and his word...even if we took the sum of both trades to equal 5% of his account, that still only leaves him with a $400 account size and he has openly stated that he will not open another account for the purposes of a TE, meaning...we...Ignored
Disliked{quote} Cost averaging, from a MartinGaler LOL who doesn't use SL's, LOL!! Yep 9 profitable trades in a row, maybe crossing my fingers actually works LOL All with equally as tight SL's as the second trade I should point out.Ignored