@60minuteman the facts are the turtles failed finally and the creator of the system is still making systems trying to find something that will not fail in the future(he hasn't until now). i would not ever trade a turtle system . the problem with ...

If it's such a great system, why isn't there a Trade Explorer attached?

out of all the systems and ideeas which are public that i tried (300-400 ) only 3 simple ideas work as entry signals. highly unlikely you will find something that works on the internet and even less likely in written books. the discretionary part of ...

If it's such a great system, why isn't there a Trade Explorer attached?

0.8*1/(0.2*2)=2. a very good profit factor.

Negative risk reward ratios

promising results.

Conquering The Markets

the year is ending . the thing that i would like to see is interviews with the winners. some inside statistics would also be nice. % profitable after 1 year. monthly winners with 100% and over do they make it in the long run?

Improving the Trade Explorer

from the trades section trade list and trade report and trade graph don't work.

Well... like the new FF look?

there is a trader who is a member and who seems to master trendlines. his user is wmd url .

How can I draw trend lines correctly?

i use price action in my trading. but it's not the holy grail. if you don't know what you're doing you lose. my impression is that a lot of people lose using price action. support resistance is the mantra of this forum but its strong discretionary ...

Here is what you should know: The Consensus!

i believe it's the best business in the whole world. the roi from forex can be enourmous if you know what you're doing.

Do you believe in forex?

i think that mingary wants to be proven wrong on some level. i think that he considers himself the voice of reason. academia is filled with skeptics. they seem to really enjoy to be as such but in the same time they will never be the creators that ...

How can I be sure that my SL is in the right place?

not broke. i misspoken. but it's highly possible that you will lose money in 100 trades.you can lose 8-9 units of risk. multiply that by 2% and that's a 18% loss in 100 trades. that system for me is out of the question.

5% risk per trade?

for monte carlo i use an excel spreadsheet. at 50% winrate and 1.25 r/r you will see that it's possible to go broke after 100 transactions. this is a lousy system to begin with not to mention 5% risk. if it was 50% and 1.8 reward risk that would be ...

5% risk per trade?

that's my view also. trading can be very different than this. actually if i had to choose between what he's doing and an ema cross i would choose the ema cross.

Paul Tudor Jones- "Trader"

i want to avoid them not trade them. anyway i think i got the solution now.

Avoiding correlations

much better to start small and end big then starting big and ending small.

Does having adequate account size help make a success?

from what limited data i had that markets behave exactly like random generated charts. this makes me think a little bit more on the efficency of the markets and the randomness of the outcome. the thing is random charts can be predicted. if tommorow ...

Sharing: I know my method works, but I just can't follow it through

you're the loser here. multiple trades per day can make you have an enourmous amont of return. if you look at the expectancy formula you will notice that the bigger number of transactions you have the bigger the return. the problem with the spread ...

Why multiple trades per day makes you a loser

nice argument.i think the same way. however there are a lot of claims of discretionary succes.

Sharing: I know my method works, but I just can't follow it through