There is a 3 week deadline for consideration by ASIC regulated brokers underway. url

Australian brokers and leverage restriction

Fair enough :-).....but it's not that your days are over when options such as offshore are as easy as hitting the online button with some worthy offshore brokers. Most are probably not like you....particularly those guys who place a minimal balance ...

Australian brokers and leverage restriction

Agreed Drolph....however it certainly reduces market share relating to those small time punters who can't meet the higher barriers. Let the % losers stay the same with higher capital at stake....but reduce the impact on the small retail trader who ...

Australian brokers and leverage restriction

It is so easy these days so many will......but they will lose the protective regulation of ASIC in doing so.....so it puts the burden of risk more squarely in the hands of the punter I s'pose. Those that don't will be forced into a different ...

Australian brokers and leverage restriction

No difference to the casino industry. People have a right to punt.....but regulators need to ensure that this is within 'reasonable' bounds. There will always be the predators and the prey.....but it doesn't need to get out of hand and there should ...

Forex - A negative sum game for losers

Really good move by ASIC to consider nailing binaries and reducing leverage on retail derivatives. We Aussies have a real penchant for the flutter. A long history of association with sporting clubs etc. Experienced traders will be able to work ...

Forex - A negative sum game for losers

One of those Friday nights :-) image video

Diversified Trend Trading Approach

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Diversified Trend Trading Approach

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Diversified Trend Trading Approach

You nailed it with Miss Monique last time mate....Here's to you J :-) video

Diversified Trend Trading Approach

J...attached is a summary of major stats for the latest incarnation which was about as systematic as I could make it. The better performers in terms of MAR are highlighted. image Average Loss across the portfolio was ($260.30) on a $50K ...

Diversified Trend Trading Approach

Back to the Lab - Describing what a Process is Getting back to the sciencey description of backtesting which we have been discussing previously....you may come to the conclusion that it "is the process that matters....not the system per se". What ...

Systematic Trend Trading

Yep mate...that was a bad discretionary rule that made sense at the time which has been ditched. You will pick lot's of these discretionary assumptions along the way that seemed smart at the time....but had no validity. A central reason for why ...

Diversified Trend Trading Approach

I pity you mate. This is more a journal of a desperate guy looking for a way to defeat discretion by systematic application.....but there are lots of lessons that I can take from this when I go back in time to reflect on the journey. You can also ...

Diversified Trend Trading Approach

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Diversified Trend Trading Approach

Hi G....thanks for popping in. Mate....if you are not a fan of data mining....(which can be a tricky process as it's too easy generating curve fit results)...then the tools I would recommend for Forex are as follows: 1. If you are a discretionary ...

Diversified Trend Trading Approach

Something to always keep in the back of your mind when dealing with the daily churn of the market. This looks like a smooth ride doesn't it......... image But on the small scale it wasn't......... image In fact the entire smooth curve above was ...

Systematic Trend Trading

PS....In scaling back and taking a helicopter view on the markets to see what edge you are working with you realise that timeframe does actually matter. Remember that a monthly chart is simply a composite of a W1 chart, a D1 chart, an H4 chart, an ...

Systematic Trend Trading

Morning D. Great post mate. :-) I luv the longer style of post as it provides so much context in discussing complex ideas where participants can all more deeply learn and congeal their thoughts. As you can imagine I don't like Twitter much as the ...

Systematic Trend Trading

Don't you just luv trading. Wouldn't you like to do this your whole life.....and extend that lifespan to enjoy it? Thanks to our understanding of epigenetics, perhaps we are not so far away from this at all. A little Intro: video ....and more ...

Diversified Trend Trading Approach