Forex is a decentralized market. Retail brokers generally don't pass through the orders to the interbank market, meaning that they take positions in the opposite direction to their clients. Stop hunting to me has two different meanings. One is ...

Confused about stop hunting

Everybody is a millionaire. Every day I spend the equivalent of 16 billion dollar on a piece of bread - gotta love Zimbabwe. Next time the OP should specify a currency.

What is your Account size?

Short term EURGBP long. ~1:1 RR target. Too bad I missed it.

Silent Service Method

Why would markets be easier to manipulate under low volatility? I'd say manipulation is a function of volume, not volatility. Here I'm talking about real market manipulation, and not unfair practices including brokers' deviations from fair prices as ...

What is a 'large' position?

The thing I'm trying to say is that if you have a system that has a genuine expectancy of 2%, you're 90% there. Anyone can make a system that had a median of 2% but a negative expectancy.

Ok, Lets do it - Developing a Highly Profitable System

A 2 percent per year system is a good start, and is harder to develop than you probably think. Show me a system that has a long run average return of 2% (including transaction costs) and we'll depart from that.

Ok, Lets do it - Developing a Highly Profitable System

At first sight I'm skeptical. If I understand it correctly, the paradox is based on game number 2 consisting of two individual games, one with a strong negative expectancy and one with a strong positive expectancy. The problem with financial markets ...

It's kind of curious...the war between price and indicators

First of all, don't try to be like others. I strongly believe that PA is hyped here on FF, and that indicators are down-talked in many cases. Success in trading comes from how you use signals, rather than what signals you use. 7bit names ...

It's kind of curious...the war between price and indicators

I envy the brave soul who dares to admit he's gambling.

Traders Survey

I recommend you start trading with real money right away. I don't care about the sums of money you trade, as far as I'm concerned you start trading microlots. The idea behind is that it takes nothing more than time to become emotionally irresponsive ...

Help! Finding emotional aspects of trading very hard!

Chris, I've noticed that along the way of your thread, you've started talking more and more about fundamentals. I must say that its a development I like, and there have been many good discussion here. I personally haven't participated in many of ...

Silent Service Method

Sense

Bird is the word - 1 word trading advice

Sunscreen

Bird is the word - 1 word trading advice

Biggest win ~$9k, biggest lost ~$11k

Money Walks

Since you're referring to timing, I assume this post was aimed at answering my question. I either don't understand your answer, or you didn't understand my question, so let me clarify (and I understand it if you're not willing to share the answer, ...

How to be a real trader

Besides the point you mention, concerning the market flip-flops, the second pitfall of such strategy is about timing. When do you get out? If you admit that you cannot make a good judgement on what condition the market is in, there is no sensible ...

How to be a real trader

Good post. However, even if "People who think that the markets are always right and that all known info is priced in correctly need a reality check." is true - like Keynes said: markets can stay irrational longer than you can stay solvent. Many feel ...

Silent Service Method

I agree with you that its a myth, I disagree that the cause you provide. "Heterogeneity of motives" does explain that there is "no system that knows it all." You talk about that there is no pattern that gives a consistent edge. However, following ...

Ridiculous Trading Myths

Good question. I think the answer lies in the fact that people interpret (or have come to believe) the close as being significant, therefore they are reacting upon it, and thus creating a self fulfilling prophecy. In my view, this potential ...

Ridiculous Trading Myths

To be honest, there is no room for opinion. Following my post above, martingale is no more gambling that anything else. It is just an (often unconscious) choice for a high probability of small returns versus a small probability for large drawdowns. ...

Ridiculous Trading Myths