richard dennis was a good trader. it seems to me that he found a good way of interpreting trading.

Academic achievers = Better traders?

that comes close to my conclusion. when developping trading systems is not your logic that works it's the logic of the charts that has to be found which often can be contrary to what you started with.

Formal Trading System Development

take the data from finance.yahoo.com then convert the data from that to a csv that metatrader can read. metatrader does not read data older than 1970 so in some cases there is a need to add years to the data that yahoo provides. i've atached you ...

Request: old historical charts

retail trading with small capital in forex has the biggest roi possible out of all the businesses out there. i got in because of the money. it has to be the best job available in the world right now if you become good at it.

Why did you start trading?

1. leverage. 1-10 is more than enough. 2. the ability to start with a small account 3. no gaps.

Why do you choose forex?

very usefull in figuring out how much to risk per trade are the monte carlo simulations. for this kind of system you can risk 2% of your account on any given trade. you can expect that you will never ever have a 30% drawdown. do the simulations ...

Optimal Position sizing based on Win/Loss ratio

people in general are idiots. price action is a bullshit discretionary way of ruining accounts. many accounts have failed triying to achieve mastery in this area. as long there is a scientific way of looking at the markets the bullshit way of the ...

People say systems don't work (only pure price action does)

ff explorer is the best tool available for checking account status. i wish we can see more than the first 10 and also more statistics regarding the explorer such as accounts profitable vs the non profitable ones from all the accounts connected to ...

Trade Explorer changes

you will need a trading simulator. lhf simulator is the best but trading is not well programed in the simulator. set the simulator to start with open prices only then stop the simulator and start simulating with f12. place mental stop and target ...

Trade offline with MT4?

the buy and sell orders on the lhf simulator are awful. you cannot place an order at the level that you like and you cannot modify sl and tp after you enter a trade. can somebody modify this? url you can find here the simulator.

Backtesting with buy/sell orders on chart

buy and sell scripts — the buy and sell scripts are awful. you cannot place buy and sell at the price level that you want and you cannot change tp or sl once you're in a trade. can somebody modify this?

New Trading Simulator, Gain Experience Faster

thanks for the info especially that one from barclays. even we have data only for may and combing that with the data from iasg i quess there are 50% with a positive year , maybe less. and those guys were supposed to be proffesionals.

hedge funds trading performance information

well from what i see from the alternative investment site of iasg.com about half of the funds there have success.

hedge funds trading performance information

the best way to analize technical systems either discretionary either systematic is through big amounts of backtesting and also forward testing. forward testing is important especially for discretionary testing. the most amount of profit that you ...

1:1 Risk Reward Ratio - Why it just makes sense

you're assuming the same nr of losses for the 2 systems. higher winrate will generate less drawdowns. a 70% winrate will generate 3-4 loosing trades but a 40% will generate more than 8 bad trades in a drawdown period. monte carlo simulations are the ...

1:1 Risk Reward Ratio - Why it just makes sense

very very bad math. are you some kind of a beginner ?

1:1 Risk Reward Ratio - Why it just makes sense

if you do monte carlo simulations on those systems you will see that one is superior to another. one sistem has far less massive drawdowns in 100 trades and can be used with a greater amount of risk/trade.

1:1 Risk Reward Ratio - Why it just makes sense

very hard to establish this. only through many hours of backtesting you can hope to find a statistical solution for this. try backtesting a close outside the 50% retracement. there is also a theory that states that anything that crosses the 78.6 ...

When retracement has become a trend change?