lol sounds like a mathematician describing sex

EURUSD

lol that is a lot of movement for mere speculators. Are we really that big a force?

Most of the country its Holiday!

I'm using a fairly mechanical strategy. I trade by the rules without fail. As such I am often at the mercy of oscillating price movements. I cannot really figure out when a trend is starting so I just take any signal that looks like a forming of ...

Black swans

Hmnn that is a very interesting answer. I think it does answer my doubts...

Black swans

Not really sure what you are talking about. I've read the ones currently in the broker section about ECN and dealing desk.. I don't recall seeing a stop hunting thread.

Black swans

It begs the same question... how do you know that your "edge" is not infallible? Hedge funds hedge everywhere and consider their risk safe. But 2008 subprime crisis saw even hedge funds wipe out when all their hedges move against them at the same ...

Black swans

Care to share? How do you go about collecting these white swans?

Black swans

Prices have been hovering around 1.3500 for the past 2 months. Just incase you don't know. That is why it is so important.

EURUSD

I kinda wanna ask the same thing... No strategy means you are taking chances. It is no different from randomly entering a position in the market.

The best way to trade is one trade a day

Lol hence the "if you are really good"

Don't just make money...KEEP IT!

Welcome to the enlightenment point of trading. The first thing you will feel when you exercise proper money management is that you make profits extremely slowly. Even with a 100% win (assuming something like that exists) you will still find that ...

Don't just make money...KEEP IT!

That is untrue to a certain extent. I do not see the money management aspect in this discussion. It is completely possible for 2 people with mutually exclusive beliefs to still make money. Of course if we take out MM from the equation then you are ...

How certain can you be that you have an edge?

stay out of markets? lol

EURUSD

lol i just realized something... He is running a bot. Explains why there are no stop losses. It was probably not programmed into it.

Screen Shot of a good trader about to get $ 6K margin call !!

I think he used to be disciplined. I saw in the first picture he had stops always. But on the 2nd pic, the one with graphs... No SL whatsoever. 2 conclusions that I can draw: 1)He let his discipline waver by not setting stop losses and not following ...

Screen Shot of a good trader about to get $ 6K margin call !!

If you read "the way of the turtle" by curtis faith, you will be enlightened. The answer to your question is in that book. In case you do not have the time to read through a few hundred pages, let me summarize it for you. A complete mechanical ...

The System... Or The Trader?

nothing is wrong with the PA. It just hasn't told us all the story yet. Just wait a bit. We are almost able to see the 2nd top forming. We will be able to draw trendlines soon. Again, we are back at 1.3450.... Just waiting for something to happen.

EURUSD

Won't comment on EURCAD coz I don't monitor it. However, as far as I know, NY close is considered the day end. Right now the new day has just started... how do you get the notion that bears couldn't close below 1.34?

EURUSD

@baav, When you ask it would be best to always ask with the TF used. While 30 mins and 1 hour might be supporting that claim, the daily and weekly (and even montly) does not support that claim. He might be making money in the next few hours because ...

EURUSD