- Search Metals Mine
- thelws replied May 11, 2012
Bob, Just standard procedures here. I have trouble understanding your variables or the logic of your example. So I want to clarify. What is (x1 +25) supposed to represent. What is (y1 +50) supposed to represent.
No SL No Leverage Strategy - working so far
- thelws replied May 10, 2012
@fxtr you are the definition of using tribal knowledge, unsubstantiable claims and experience as proof that something works. Something that nobody else can understand unless we do the same thing as you do. Your posting of these kind of arguments as ...
No SL No Leverage Strategy - working so far
- thelws replied May 10, 2012
I'm going to make 1 final post here. I'm tired of doing this already. Every time I make a point, I do so with substantiated proof/math. I offer rebuttals on the core issue and provide explanations of why I believe something is not right. But every ...
No SL No Leverage Strategy - working so far
- thelws replied May 10, 2012
wow... you all are dense. really dense. How many times I wonder it has been said that you are making money because you have an edge over the market. You are profitable because your edge or your entry method is allowing you to profit. The lock/unlock ...
No SL No Leverage Strategy - working so far
- thelws replied May 10, 2012
Wow... i think you did not even read a single thing i wrote. And I said this before and will say it again... when you are 1 direction, swaps can sometimes be positive. The moment you hedge the pair, the -ve swap will overpower your positive swap. ...
No SL No Leverage Strategy - working so far
- thelws replied May 10, 2012
[quote=pa_pips;5654404] Hedge method 1.0000 - Buy ENTRY (pay 1st spread) Pay Rollover for 1 position 0.9000 - Ohnoes... price went wrong way 0.9000 - Hedge (by selling). (Pay 2nd spread). Pay Rollover for 2 position. -100 pip floating loss 0.7000 - ...
No SL No Leverage Strategy - working so far
- thelws replied May 9, 2012
Let me put a twist in your thinking by asking you this question: If you can show me the benefit of locking in -2900 pips of floating loss by being long on EurUsd at 1.59 and short at 1.20, I will show you the benefit of locking in 2900 pips by being ...
No SL No Leverage Strategy - working so far
- thelws replied May 9, 2012
We need more discussion using the top half of the pyramid. Less of the bottom half. I reckon this chart needs to be stickied somewhere lol image image Stating your experience is no better than ad hominem. True substance can offer refutation ...
No SL No Leverage Strategy - working so far
- thelws replied May 6, 2012
charvo... you are ignoring the whole example and cherry picking bits and pieces you want in order to explain your point of view. I will copy and paste merlin's words exactly here. This link is his exact post: url You have NO expected return. You ...
No SL No Leverage Strategy - working so far
- thelws replied May 5, 2012
What flaw in logic I am attempting to point out is that a trade can be replicated using a SL method instead of a hedge. The benefit is that you will not bleed from the extra spread and rollover. Hanover already posted the calculation with a diagram ...
No SL No Leverage Strategy - working so far
- thelws replied May 5, 2012
Please read this thread from start to finish. It is only about 10 pages long. Unlike our threads in 2012, back then only the really knowledgeable had anything to say about this topic. url Merlin is willing to give 100k to anyone who can prove that ...
No SL No Leverage Strategy - working so far
- thelws replied May 5, 2012
Let me explain the flaw in this this logic. 1)When you buy stock, you are not losing. You can hold a stock on forever and still come out positive because stocks pay dividends. This is an important distinction that is different from forex. It is for ...
No SL No Leverage Strategy - working so far
- thelws replied May 5, 2012
The issue you are having here is an issue of an edge. You do not have a 60% profitable strategy. I do not wish to speculate on whether or not your strategy really produces 60% wins. But the truth is this: 1)If your strategy really produces 60% wins, ...
No SL No Leverage Strategy - working so far
- thelws replied May 5, 2012
Hanover already covered this. Basically what he and some of the old folks are saying is that you can exit (when you open a hedge leg) the trade and re-enter (when you close your hedged leg). What you do with a hedge can be replicated 100% and ...
No SL No Leverage Strategy - working so far
- thelws replied May 4, 2012
Bob... I don't understand why you want to turn this into an English language fight. You can be right that in the book, the term hedgding means going long and short in the same pair (for forex). But when it comes to making money, it does not help one ...
No SL No Leverage Strategy - working so far
- thelws replied May 4, 2012
btw, risk/reward is not a strategy. It does not put you ahead of everyone else. This is money mangement strategy. when you use risk/reward what you need to pay attention to is "if i enter here, would i have to risk more than i can potentially make". ...
Help Me With This Doubt - Risk/Reward Strategies
- thelws replied May 3, 2012
It is not needed. As mentioned in some of the posts at page 1. Successful trading is a combination of a few things. There will always be a chance that you are wrong. But when you combine the knowledge that big players will want to fade, near a ...
Why it is possible to predict price movement?
- thelws replied May 3, 2012
This comment literally changed the way I trade overnight lol. Can't wait to put it into practice.
Why it is possible to predict price movement?
- thelws replied May 3, 2012
Major players have to utilize liquidity in some form or another and they have to be good at it. The sheer amount of volume they need is a major headache. I'm sure they use some support resistance levels. Honestly I don't care what they use. But for ...
Why it is possible to predict price movement?
- thelws replied May 3, 2012
ok. now that explains a lot
thxWhy it is possible to predict price movement?