I wish you nothing but good luck, but I assure you that I really don't "have to try it", at all.

Trading fund recruiting profitable traders

I agree. And maybe at some point you'll learn (as others have) that as a bare minmum, to establish any credibility at all in this sphere of activity, you'll need a professional website with independently verifiable references to your company, its ...

Trading fund recruiting profitable traders

If 90% of traders were profitable, where would all the money making up all their profits come from?

If 90% of traders are profitable, what will happen to MM?

I'd suggest to you that in this industry, very few people will be willing to take that seriously, and for good and understandable reasons. I'd think that as a bare minmum, to establish any credibility at all in this sphere of activity, you'll need a ...

Trading fund recruiting profitable traders

I'm not quite sure exactly what you're referring to, when you say "this method" (that's entirely my fault for not having read the thread and not intending to, because there's over 1,600 posts of it, and a two-minute glance-through at randomly ...

How to use the 123 strategy effectively

No: steady losses because it's random, as Puppypippy explained in the other thread, and the dealing-costs therefore produce gradual losses as time passes and the number of trades builds up, not such big losses that its converse could profitably be ...

1 hour candle break out system - developing period

A trend exists only with reference to and as defined by a specific timeframe. It's common for a currency-pair to be trending in one direction on one timeframe and simultaneously in the opposite direction on a different timeframe. If you want to ...

Your best way to follow longer term trend? Opinions!

And I'm afraid Puppypippy was absolutely right about that one: even visual-only backtesting fairly quickly suggests that it has no edge, and backtesting proves it unarguably.

1 hour candle break out system - developing period

I have extensively backtested something almost identical, over several years' price-data, on three different currency-pairs, some years ago. The three small differences between what I backtested and what you've outlined above were:- (i) I tested it ...

1 hour candle break out system - developing period

It's a simplified version of the BabyPips' "Cowabunga system" with a couple of the parameters changed very slightly. Call me churlish, but personally, I think systems like this are really counterproductive and overall actually quite damaging to the ...

Best trading systems on FF for newbies?

You'd be paying two commissions instead of one, that way: if EUR/USD is rising and USD/CAD is also rising, and you want to trade them, you can enter a single long trade on EUR/CAD with exactly the same effect and lower dealing-costs. There's no ...

Would you trade related pairs differently?

My initial stop-loss is the level at which I want to be out of the trade if the price reaches it, because my reason for entering the trade would no longer be a valid one if that happens. During longer trades, I adjust it according to recent ...

Stop Losses

Your question really relates to the broader issue of how much weight, and in what proportions, to give to highs and lows at various points, I think. It's subjective, and everyone has their own ideas about it, of course. Personally, I give more ...

Does buy low sell high apply to prices way back?

Same here: I think that's a much better and more significant question. That would be strongly advisable, if you're looking at long trades on indices: I never guess, for myself, but many fundamentalists certainly seem to think, at the moment, that a ...

10% per month

Yes - I don't disagree at all.

Are Stops meant to be Hit?

If they're trailing stops, and you're using them as the only exit-parameter of a trend-following trade, then clearly they're meant to be hit - eventually. Otherwise I want them to be a hit if my reason for being in the trade is no longer valid, so I ...

Are Stops meant to be Hit?

Very much so. (This approach can even be quite good on shorter time-frames than that, too.)

How to detect the end of a trend?

Not your favourite song, then? video

XXXX

It isn't; but it's acquired a self-perpetuating mystique among people who like to project their trading decision-making onto toys/gadgets/indicators, as a comfortable substitute for learning to understand price action patterns and what they signify ...

How to detect the end of a trend?

That's undeniably a plus. A screen with a connecting cable that doesn't make crackling noises and give off sparks is always useful, too.

What qualities do you look for in a Trading Computer?