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Pollux replied Jun 8, 2010He just knocked at your door and you didn't want to open it. Just sent him somewhere else
.EURUSD
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Pollux replied Jun 8, 2010FxPro and Oanda are currently having the same prices so how could you had 8 pips difference between two identical orders? I don't think they have delayed quotes since people complain of having the fastest feed among brokers. There may indeed be ...
Oanda trade rejected
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Pollux replied Jun 6, 2010Maybe you can make me understand something regarding volume and price: if everybody (or at least the majority) is selling, why would the volume be high since in Forex it's tick based? I know the concept of distribution/accumulation ( there the ...
EURUSD
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Pollux replied May 25, 2010No, from what I've been seeing on this forum, saying to people which affirm they are trading naked that you have a moving average plotted on the chart you are almost instantly becoming part of the 95% traders that fail. I only have one ema ...
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 2010It repaints only until the last bar has closed and only for the last bar. It cannot repaint after that because it represents an average of n values that are constant through time. The price from 60 minutes ago won't ever change.
Repainting Moving Averages?
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Pollux replied May 25, 2010Indeed. Anyway, I'd just be lost without a MA.
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 2010You have to determine the trend and trade according to it. Did you watch Floored? Search for the thread and watch it. See how is a floor trader trading (at a computer) I think it's episode 8 or something like that. He just clicks with the mouse ...
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 20101 and 2 are part of money management. If you would have a 5 pips SL and a 1000 pips TP you'd be still losing money. 3- you can't just enter on the market based on your gut. Buying at high and selling at lows are still part of a losers strategy. ...
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 2010well, that gives birth to strong trends. Position traders always add to a wining position. And yes, averaging down may turn as a very bad solution. On the 7th of May the euro gained some pips. One may think that there is a temporarily bottom so he ...
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 2010averaging down means: So, you bought at 1,50. In order to average down, you have to buy when the price is lower. That means that the trade went against you . And you're adding to your losing position ? I don't get it: where "the opposite" means ...
100% profitable method - tight SL, and large TP
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Pollux replied May 25, 2010How can you say you lose something if your loss didn't materialize in any way? What does he lose? He has euros, wants dollars. He sells euros, gets dollars. He didn't lose anything in this trade. Oh..if he waited he would have had a better rate, ...
Is trading a zero sum game?
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Pollux replied May 25, 2010He doesn't lose any money. His purpose wasn't speculation. He wanted to have dollars instead of euros and that's what he got. He won't be going on vacation thinking : "I should have waited a little bit more. Maybe I would have got a better rate". So ...
Is trading a zero sum game?
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Pollux replied May 25, 2010And you are right. But the question was: "is trading a zero-sum?" I shared my point of view regarding this matter providing arguments for which I don't consider to be that. I've also said that in a pure speculative environment (stock exchange) we ...
Is trading a zero sum game?
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Pollux replied May 25, 2010I don't pretend to be an expert. The first example was the trade between a speculator who wants to buy euros and a guy who wants to go to the USA and needs $. How can this be a zero-sum, knowing that zero sum means losses=gains, when nobody lost ...
Is trading a zero sum game?
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Pollux replied May 25, 2010I think my way of answering/arguing was quite polite so I would kindly ask you to be the same
. It's not about materializing or disappearance of something. Zero-sum does not refer to "where do the money go?" It refers to a trade in which someone ...Is trading a zero sum game?
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Pollux replied May 25, 2010Lets make the things clearer. Yes, the stock exchange can be considered a zero-sum game (if we get over transaction costs). But if I exchange rice for beams, is this a zero-sum game? No. Money are goods (like rice). If one exchanges euros for paying ...
Is trading a zero sum game?
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Pollux replied May 25, 2010No, that quote contradicts you. How can someone have a loss if I make profit? I make profit because they are willing to buy, let's say, candies from me. I win, they win. We both have what we wanted. Zero sum is where you gain, while the other losses. ...
Is trading a zero sum game?
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Pollux replied May 25, 2010No, zero-sum game is where one loses while the other wins.
Is trading a zero sum game?