lol, you were going great......until.....you fell at the last hurdle! Sarcasm, right?

The life of a trading system on Forex Factory

No one said it wasn't possible, it's just not possible with any certainty, only probability. Ergo, it really don't mean diddly in the scheme of things, it's not what should be the first and only consideration!

Why it is possible to predict price movement?

So they offer nothing more than anything else, a probability. Focussing and expending energy on finding tools, systems, or strategies to predict price direction to the exclusion of everything else is one sure way to lose money!

Why it is possible to predict price movement?

Predicting price movement? Do you mean some kind of volatility indicator or do you mean predicting the direction price will go? If the latter (direction) then nothing, trading is based on a (higher) probability of one thing happening more than ...

Why it is possible to predict price movement?

It's like a lot of these e books, they're long winded and repetitive, most of the information could be written on the back of a beer mat (probably was originally!) but I'm guessing not many people would buy it so they need to eeeeeexpaaaand it out a ...

The life of a trading system on Forex Factory

Very nice but what does the author suggest the reader do with his new found knowledge? I'm assuming there's more to the story?

The life of a trading system on Forex Factory

All evidence to the contrary! The only person you're kidding is yourself....

The life of a trading system on Forex Factory

lol, the market never goes the 'wrong way', it's you who was going the wrong way! Yep, which needs to recoup the loss and produce a profit, precisely why one-sided averaging doesn't work! Just treading water and trading for the brøker...... ...

The life of a trading system on Forex Factory

Probably looking a bit like his equity curve right now! image .....guess he should have paid attention to 60minuteman's advice! -

The life of a trading system on Forex Factory

Right.....

The life of a trading system on Forex Factory

Evidently you've not heard of the word 'probability' then.....you know, trading, probability, no? No, ok then....... Why am I not surprised......

The life of a trading system on Forex Factory

lol, priceless, you couldn't make this stuff up!

The life of a trading system on Forex Factory

They're underfunded then, plain and simple. I doubt it's 'most' though. Not just the risks, the basic math itself doesn't add up.

The life of a trading system on Forex Factory

Even if someone is a good analyst it's a bit pointless if they repeatedly lose all the money they make! Over the long term a poor analyst who knows how to trade will always beat a good analyst who doesn't! Trading/analysis competitions are a joke ...

The life of a trading system on Forex Factory

lol

The life of a trading system on Forex Factory

Exactly, and it's productive across all time frames, and most markets and instruments come to that. People use whatever works for them but some things are pretty much universally accepted as being fundamental to consistently profitable trading, not ...

The life of a trading system on Forex Factory

Fellow trader? Who, you? lol, that's funny......

The life of a trading system on Forex Factory

Nice forecast last night, I've got to be honest when I looked at the chart I had my doubts you'd pull that one off! Seems Turveyd was on the other side of that!

The life of a trading system on Forex Factory

Huh? Well you seem to be the only one out to prove something, maybe to convince yourself you can become profitable, who knows, who cares.....

The life of a trading system on Forex Factory

100 to 400, back to 100, back to 400, back to 100.....9 times apparently, it doesn't bode well for the future, and scaling up isn't going to help in fact it's likely to make things even worse!

The life of a trading system on Forex Factory