Lower leverage reduces the ability to diversify... — Lower leverage reduces the ability to diversify with the same position sizes (or same account size). Position size and stops can vary greatly, not everyone is just scalping one position. ...

The 5% success myth busted by CFTC

System vs Psychology — I agree with this 100%. People with job, family, and community responsibilities do not necessarily have the time to research and trade/test professionally, yet they expect extraordinary results.

The trading problem - how to improve the win:loss ratio

I admire your enthusiasm... — Post #17- "In fact, if I had followed my system to the letter, I would have gone short ..." Post #19- "If I hadn't taken my trade earlier, I would have gone short..." Post #40- "I broke all the rules today... I ...

My 30 pips Daily and my 45% Weekly Journal

Trying to help.... — Make some rules. Some simple rules. 1. I will not lose more than 4% of my account on any one trading day. 2. I will use 1% account risk per trade. 3. I will use a 3 level varied stop-loss. (example: take 1/3 of position ...

Should I throw in the towel after being in the negative for 10 years?

When you have time... — I am very interested in any small summary of your research you can share regarding this. One more question for any of the talented mathematicians (I am not unfortunately) or statisticians: Using a previous example: ...

Long term Profits within Negative Expectancy

Trading is like chess... — I used to play when I was younger, and I have more free time now than ever before. I've tried to get back into the game, studying tactical problems and playing some games. I honestly think it has helped me lately to ...

Trading is like ...

For the 1 minute time frame... — Though most of my trades are entered on the 1 minute time frame, I am constantly looking at the 1 hour, 15 min, and 5 min time frames for areas of support or resistance.

Focusing on one or two pairs, one timeframe?

My average.... — I spend between 1 to 3 hours per day trading on average. While waiting for trades, I browse Forex Factory.

How much time do you spend learning and trading FX everyday?

I think... — I think Blacksun may be a bit mistaken about the margin requirements, maintenance margin, and leverage of currency futures products. Obviously, these vary from broker to broker....but 2-4% of contract value is probably the norm. ...

Trading forex futures - Why?

Identification of the prevailing trend... — I had hoped to create some discussion and interest from Forex Factory on your initial post in 2008. Thanks so much for taking the time to reply! I found it to be an educational experiment as well. I ...

The 1-Pip Question!

Oanda speed... — I have used Oanda for almost 1 year now, and I make a few trades (at least) every day. For scalping, because of the spread and execution speed, I don't think there is anyone better. I use one touch fast entry with a 0.8 pip ...

I think Oanda FXTrade is unreliable

What works... — I am not a professional forex trader, nor do I play one on TV. But... Read all the posts by these two (real) Pros, don't worry... there are not that many. Peter Crowns url Joel Rensink url They both favor longer term trend ...

Professional forex traders

(sigh) my last post here... — Unfortunately, I cannot prove that I am correct, as ForexCube has now deleted the MyFxbook.com account (see below). +70 positions were closed at 12:00 GMT last night, I did not screen shot that. Unless ForexCube ...

Time Cell Trading

Truth... — You like pictures...

Time Cell Trading

It was not 4 trades.... — It was not just 4 trades that caused your margin call. from your post #292... It was these 70 other open losing trades as well. I will leave your thread (again), just trying to promote the truth and protect the ...

Time Cell Trading

Margin Call... — You were margined called at 12:00 down -72%. You have continued to trade, and are now down -99%. There were no withdrawals, you have lost everything in 7 days.

Time Cell Trading

a recent title... — The Quants by Scott Patterson is a "fun" read. Unfortunately, it's still only in hardcover. It definitely gives the nod to Thorpe for starting our recent generation of quants and hedge funds. There is so much history and ...

beat the market by Ed Thorp

More importantly... — Over the long term (100s or 1000s of trades), you want to concentrate on expectancy, profit factor, and drawdown. Expectancy = (%wins x average win)-(%losses x average loss) Profit factor = gross profits / gross losses or ...

What is a 'Good' percentage for winning trades?

Frontrunning "old school"... — My experience was in the NASDAQ market over a decade ago. In stocks, frontrunning is sometimes described as acting before that large order. As a market maker, buying stock for your own "book" and not ...

How is frontrunning bad?

Some questions... — I know Dreamliner did much work in this area in this thread. url I believe, at times, he had some divergence that lasted a very long time, creating some serious drawdown. May I ask, what is your determination for ...

FX statistical arbitrage