I agree with you Jim. I took a course in statistics 2 years ago, strictly for trading purpose and it turned out to be a great investment even though it cost more than 1000$.

Trading Prerequisites - Doing it Right

Also, it seems like your SL are too small or have no technical significance (if you use TA). Hiding SL outside the daily range will give you statistical advance.

How to keep in faith with a statistically profitable system?

What is more important is the seize of your loses and how you handle them because every system will naturally have losers. Personal, my stress level for consecutive losers is about 4 or 5. More than that and I'll cut my positions (risk %) by 50%. ...

How to keep in faith with a statistically profitable system?

It would check my system again. One thing is for sure, you don't have a 90% chance for a win with this system. Depending on your style, having a high % win isn't essential to make a killing. I'm more than happy with 60% winning rate thanks to high ...

How to keep in faith with a statistically profitable system?

This is a very good description and probably the best explanation why Igrok's Method is so effective.

Igrok Method. Q's & A's. Comments, thoughts and ideas

Interesting scenario on gbp/jpy. Bullish divergence pointing upward to 130.60.

Drawing Correct Trendlines

This is epic! Can you believe that the (year) 1920 DOW correlated 92% with DOW in 1986? No wonder he predicted the crash and worked so hard to remove this documentary

Want to see an original Market Wizard? -> Trader, the documentary (1987)

I think its a good book. Some of the very few books with interesting and profitable strategies, IMO.

what is the best forex book?

Understand, didn't mean to put pressure on you Joke aside, you seem to be an experienced man who have read a lot so I wanted to check if I have missed a good book.

what is the best forex book?

It might not be the best book I've read (due to amazingly poor editor work) but its a great read to fully understand the amount of work it takes becoming a profitable trader. The book is named "One Good Trade" and is written by Mike Bellafiore who ...

what is the best forex book?

Try me. Sounds cocky but I would be surprised if I haven't even heard of it, if its that good.

what is the best forex book?

Happy holidays to you too No problem, best of luck in the new year

Drawing Correct Trendlines

Yes, merry Christmas to all FF members, specially in this thread :=) Igrok is a bit disappointed that some of us aren't millionaire yet but all I can promise is that 2011 will bring some of us closer

Igrok Method. Q's & A's. Comments, thoughts and ideas

Good to hear. You have 2 strong abilities; Spotting patterns Riding it for great R:R Myfxbook.com have added a lot of great statistics. If you have connected your account to it, I can have a look if you'd like to.

From Timex to Rolex via Forex/Igrok style

Thank you for your answers guys. Even though it looked good I had a feeling this would be close-to useless for a FX.

Bloomberg Launchpad

No good features for FX at all ?

Bloomberg Launchpad

I took this trade too based on 18.4. Hows trading going so far this year ?

From Timex to Rolex via Forex/Igrok style

Nothing more than a broadening triangle right now. You could short todays high based weekly 18.4.

Igrok Method. Q's & A's. Comments, thoughts and ideas

Yes, looks like this; NB: I forgot to add that these types of scenario are not high-probability trades but the R:R makes it worthwhile.

Igrok Method. Q's & A's. Comments, thoughts and ideas