The most rudimentary comparison of volatility,standard deviation. USD/JPY in different TF image image image

What Would You Do Differently Today for Better Trading Results?

KP---Good job on keeping this thread alive, you're a fine curator. I guess the burden of proof fall on me for posting a "rule of thumb"ish trading principle that attracted angry posters. Here's the evidence. a. Lower True Leverage True ...

What Would You Do Differently Today for Better Trading Results?

Good for you, do as you please. For people who have realistic expectations about annual return and serious about building a robust trading career? Have a solid business plan and fund your account to 10k minimum. There's a research paper studying ...

What Would You Do Differently Today for Better Trading Results?

Good if it works for you. I tend to agree with you in terms of not puting a position before the release, there's nothing I can do about it if you jump to the conclusions.

What Would You Do Differently Today for Better Trading Results?

Price behaves differently in different timeframes.

What Would You Do Differently Today for Better Trading Results?

Every battle is won before its ever fought. ― Sun Tzu Before the real battle begin, choosing the proper daytrading instrument is top priority. Try stay away from the majors.

1-2 pip Stop Loss

An alien just landed near a basketball court. A father was teaching a 5-year-old little girl to shoot some hoops. Magnificently, this little girl scored 5 in a row from the baseline; without prior knowledge of basketball, the alien concluded that ...

Importance Forex Trading Performance Stats

One Minion Dollars if you are in retail, 43,700 if you run a hedge fund url

What can you make with 40k account?

1. Sample size 2. Out-of-sample test

Importance Forex Trading Performance Stats

System hopping won't do anybody any good; only deliberate practice brings out excellency. Compared with other instruments, Forex, Precious Metal in lower timeframe are much harder to trade due to their highly volatile nature. Keep it up mate.

1-2 pip Stop Loss

But, Volatility is not normal distributed, so standard deviation is not a proper way to measure volatility hence sqrt(t) is not a proper way to measure price target.

Black Swan - Are you prepared?

a. Lower True Leverage True Leverage=Account Balance/Notional Value of Underlying. ex. $100,000 account trade 1 lot of EUR/USD( equivalent of $100,000 Notional Value), True Leverage=100,000/100,000=1 b. Stretches Trading Time-frame Trade daily chart ...

What Would You Do Differently Today for Better Trading Results?

kingleeny, Your approach of avoiding confirmation bias by seeking counter-evidence is admirable. In your first post, an assumption was made: By collecting both evidence(economic data) and counter-evidence(overvaluation of some other currencies) ...

Thoughtful reasoning of AUD and NZD

My advice: if you are serious about trade for a living, do not trade spot forex intraday in conventional (technical, statistical, etc.) method; try futures, stocks, options,etc. Why? Cross-market volatility study suggests that spot forex is the most ...

What Would You Do Differently Today for Better Trading Results?

My view was that monetary policy discrepancy among developed countries suggest that money flows to countries that pay higher interest rate. True or False? A classical fundamental view isn't it? But my view couldn't possibly be more wrong during ...

Thoughtful reasoning of AUD and NZD

Touche

Hang Seng Hong Kong

Hang Seng's been trending nicely on D1 scale but institutional investors have been taking profit prior to US presidential election. Not tradable. image

Hang Seng Hong Kong

Took me a while to digest what you are trying to accomplish. As discussed earlier, industrial convention for calculating a spread is Price of Product A*Hedge Ratio-Price of Product B*Hedge Ratio or Price of Product A*Hedge Ratio / Price of Product ...

Spread/Pairs Trading. High Volume, High Speed, High Stress.

A "human" trader may develop a market "sense" towards a specific instrument as each currency pair has its idiosyncrasies, this assumption can however be difficult to prove or disprove for "intuition" is prone to confirmation bias.(Remember that time ...

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