- Search Metals Mine
- AmmaBoss replied Apr 8, 2020
If some parts of the market are not random, then the entire market can not be random, therefore trading can be profitable. I have already shown you a TE with over 500 trades, with no trade lasting more than 1 hour, with about 160% profit not ...
Forex is random
- AmmaBoss replied Apr 4, 2020
I trade, every single day. Sometimes taking 5+ trades a day, I trade on an extremely small timeframe so transaction cost eats up 60%-70% of my profits. Despite this, however, I am currently on 167% profit with drawdown never exceeding 20%, Despite ...
Forex is random
- AmmaBoss replied Apr 3, 2020
Yes, I think we all understand that. Was just showing that once you account for the spread which is my only cost associated with trading, at 5 pip Tp and Sl. You pay more your broker more than you made ( assuming you are profitable )
Is 5 pips enough for you?
- AmmaBoss replied Apr 3, 2020
If you buy at 1.22720 the market price is 1.22720, this is why you start off every trade negative as the entry is always above or below the actual price. Therefore to win at 1.22780 the market would need to move 6 pips and to lose at 1.22680 the ...
Is 5 pips enough for you?
- AmmaBoss replied Apr 3, 2020
Nope, assuming spread is .7 which is really low and no commission. 5 pip SL / 5 PiP means every loss is 5.7 pips and every win is 4.3 pips. Assuming after 100 trades with a 60% win rate. 4.3 x 60 and loss 5.7 by 40 = net 46 pips. while your broker ...
Is 5 pips enough for you?
- AmmaBoss replied Apr 3, 2020
Most of my trades are 5 pip or less, while it's is possible to live on 5 pip per day. The broker cost will eat up around 20% of your profit and increase all lose by 20%, so unless you have a significantly less you will like to blow your account ...
Is 5 pips enough for you?
- AmmaBoss replied Apr 3, 2020
Can anyone make sense of this movement? It' can't keep going up forever but it sure does seem that xD....
WTI Crude Oil Trading
- AmmaBoss replied Apr 2, 2020
numbers change monthly, they are also based on the monthly performance so likely 95%+ lose over a long period.
Forex is random
- AmmaBoss replied Apr 2, 2020
How do you identify and determine what is noise? that is very subjective. regardless of noise or not at some part of the market isn't random.
Forex is random
- AmmaBoss commented Mar 29, 2020
Yes, it can get worse but according to current data the mortality rate is around 3 % or less if the cases are underestimated. Can the virus take a similar course to the Spanish flu, yes but I can't predict that and therefore I must look at the ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
Actually, if young individuals don't get in viruses as they are immune then they can't be counted in the number of infected cases so yes the death rate would be around 3-4%, not the 20% you were indicating earlier. However, if young individuals do ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
Well, either young individuals are currently largely immune to the virus or the cases are underestimated. it one or the other I prefer the latter options. url you can clearly see sub 0.7 % in other areas Wuhan is where the outbreak occurs besides ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
At the moment the estimate varies from from sub 1% in areas and 3% in others but all of these estimated were base on confirm cases which again is massively underestimated. While we do not have the data showing ages of infected, we do have to show ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
This data highlights my point more actually do you really believe a person over the age of 75 is more likely to contract the virus than an individuals between the ages of 0-17 , according to this data a person at age 75 is 5 times more likely to ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
regardless of if it's flawed or not the fact is. 10% of Italy population 75 years +, accounts for 95%+ of its deaths. so yes Italy's current death rate is 10% but unless only individuals over 75 got infected which isn't likely as younger individuals ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
It is not 20% pretty since actually. 3 simple facts : Only 10% of Italy's population consists of individuals over the age of 75. However, the average ages of all Italians deaths due to covid-19 are 80. So how does 1/10 of a population accounts for ...
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
well go on, why is it not 1 or 2 %
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000
- AmmaBoss commented Mar 29, 2020
Nowhere near 20%, the death rate is likely sub 1%. 60,000 confirmed cases there are likely more than 3 times that number as individuals with mild symptoms never get tested. the global recession may kill far more than this virus ever could.
New York State coronavirus cases hit nearly 60,000, death toll reaches 1,000