Owl I don't know why high leverage is provided, I guess so brokers can make money, brokers want to make money and they can be good at it, they understand risk and would not operate a model that guarantees bankruptcy, only idiots would do that. Can ...

Gambler trading (with some MM), who says it can't be done?

this is an open forum, your neck has no more right to be here than mine. I have not forced any of my thoughts or opinions here I have just stated that its a mathematical fact that if your risk model is not considered sooner or later you will blow ...

Gambler trading (with some MM), who says it can't be done?

ask them for a risk model built on their actual results Nefser then you will understand why they resort to just writing bull. If you keep wiping out small accounts and starting again then eventually you have lost a big count, how they cant see that ...

Gambler trading (with some MM), who says it can't be done?

more rubbish trying to use excessive risk to avoid the fact that the risk model of your trading has to work... It might just work? yeah and you might just win the lottery

Gambler trading (with some MM), who says it can't be done?

your data is not newbish at all, it's exactly what I would expect from a trader that was trading in a profitable manner, win rates will go up and down but over time they will all be around 50%, wether you trade elliot wave, SR, bollock bands, ...

why have you accepted the price-predictability assumption?

Hi Boog, it is probably comforting to believe it's 75/25 and that it will fall, but the reality is that its 50/50 and it DID fall. Everyone likes to build their strategies on a higher than 50% win rate, but the smart move is to make 50/50 work, then ...

why have you accepted the price-predictability assumption?

I don't accept it, it's 50/50 no matter what anyone says or thinks or anything that has happened in the past.... If you accept that then you can focus on what really matters. In the mean time trading is an excellent way for losers to sound clever.

why have you accepted the price-predictability assumption?

most people believe this to be true, the reality is that the different timeframes are just different scale, its fractal geometry... all timeframes move in the same manner.

Long term Vs Short Term Trading

short term is often chosen because it panders to the natural urges that cause most to fail, they want it fast and big... Consistent is the key element. If you trade h4 bars you find yourself stepping away from the charts and less lightly to make ...

Long term Vs Short Term Trading

nice Teb.... although I believe it's the fact your approach is structured that is making it win.... All entries are in effect 50/50 so as long as you get average winners larger than average losers you're gonna profit, as long as you take enough ...

Why Simple is better in trading and Complex is not

can anybody explain this: if your system has x% win/loss, x R/R, x frequency and that allows you to risk x amount per trade and never run the risk of blowing up but at the same time getting maximum gains, why is nobody doing it? Is it because people ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

how would you know, by your own admission your EA's are for more complex, have you tried it?

Why Simple is better in trading and Complex is not

explain why you need a computer to do that then? .... fact is, you don't... unless trading has to be very complex.... which is it? If you trade daily bars you cant use the excuse of missing opportunities. With regards accurate entries and exits you ...

Why Simple is better in trading and Complex is not

Hi Aud, yes I am trading that way still. I have said all I can on the thread.

Why Simple is better in trading and Complex is not

if simple rule based systems work then why isn't everyone a millionaire..... is the assumption. But IS everyone following a simple system? In my opinion not. In fact is everyone using a simple system but failing to execute?

Why Simple is better in trading and Complex is not

They're good points, but they sound like the report from someone who completely understands programming but not trading.

Why Simple is better in trading and Complex is not

you would trade with no structure at all, changing and making decisions based on the moment. Am I suggesting it as a way to trade? no.... The point im making is that when you start with a rule based system and then start adding in new variances as ...

Why Simple is better in trading and Complex is not

yes I believe you need to trade based on rules or completely discretionary...mixing the two leads to break even results at best... that doesn't mean you can't have some flexibility, but you can't just add or break rules here there and everywhere, ...

Why Simple is better in trading and Complex is not

Less than 1000 word rules for Hanover. 1. if h4 closes down place pending sell 1 pip + spread below the low 2. if h4 closes up place pending buy 1 pip + spread above the high 3. place stop below the low/high of the closed h4 bar unless the bar that ...

Why Simple is better in trading and Complex is not

If the strategy truly is simple then why bother with an EA,

Why Simple is better in trading and Complex is not