Yeah the tortoise is slow (carefulness), lives long and it's well protected, the donkey is also careful and veeery persistent. the chimpanzee has a lot of potential too because it also lives long and it can imitate what others (successful animals) ...

What are the big Ideas in successful trading?

Donkeys, tortoises are going to succeed... sharks, lions, tyrannosaurus those are the real preys.

What are the big Ideas in successful trading?

I'd rather say gamblers than losers, they are trading the noise or randomness of the market.. obviously if you reverse a random entry you'll still trading the noise or randomness. For example chasing momentum on the M1 chart... it's probably the ...

My view on trading

Of course I'm sure, the trading frequency is what determines the trading style: scalpers try to catch as many trends as possible so they'll inevitably end up opening at least 5 positions a day.

Do scalpers make money in the long run?

That's not scalping, "Traders who implement this strategy place anywhere from 10 to a couple hundred trades in a single day in the belief that small moves in stock price are easier to catch than large ones;" - Investopedia

Do scalpers make money in the long run?

Funny as hell !

Theory of "Falling Pillar" in drawing "Smart Trend"

If you mean using the very same strategy (eg. trend-following) over the years, no I have never found a single scalping strategy that works in the long term.. and to be honest I don't think it's possible by adopting a discretionary approach either, ...

Do scalpers make money in the long run?

Geeez what kind of slippage was that ? 40-50 pips !?

Negative Account Balance: Legal Side

Retail forex trading constitute a mere % of the market (probably 3% ?), probably 80% of which goes to forex brokers... not to the interbank ! Do you really think those banks are rigging the market to share something they can earn legally and without ...

What you still haven't learned

What kept me going ? 1) Seeing other traders stats, someone out there showing positive results after experiencing any market condition (eg. after he opened 200 positions) . 2) Knowing that any business involves uncertainty and risk and that trading ...

If you haven't made it yet, what makes you think you will?

How do you explain that some traders are profitable after 200+ entries with a RR of 1:>1 and without martin gale ? It's a proof that if we base our assumptions on solid past data we strengthen our probabilities. You may say "that's also an ...

Voodoo Science-Statistical Analysis

Assumption YES but not necessarily faulted.

Voodoo Science-Statistical Analysis

mzvega and PipMeUp: very interesting thanks a lot.

What are the big Ideas in successful trading?

Only pure market makers can give you NBP... they internalize everything and the negative balance is only virtual.

Brexit, anyone?

Yep I was using 1:500... you only need 32 pips to reach 0 and the gap was about 80 pips.

Negative balance anyone?

Here you can find some good advices about MM, brokers and general info but nobody will share his winning strategy. So as The-Flipper says don't be dependent.

Does anyone make money out of Forex Trading?

Maybe he meant "hey all"

The biggest lie about divergence in trading

Anyway seahorse is awesome.

The biggest lie about divergence in trading

Cool Copernicus, we are coming to the point: What's the success formula ? I think it's a half way between hazard and self-awareness. The first brings only losses, both can make you a risk manager. But IMO, in no case the genius plays a role.

The biggest lie about divergence in trading