- Search Metals Mine
- BWilliam replied Apr 8, 2020
There are bullish market participants and bearish market participants in relation to the current quote. Official market participants are those with open buy or sell limit or stop orders. Such open limit or stop buy or sell orders count favours one ...
Forex is random
- BWilliam replied Apr 8, 2020
There has to be equal lots for both buyer and seller for each transaction executed. Fact. There cannot exist an unbalanced situation where 5lots bought and 3lots sold in a transaction. Not possible in an auction market.
Forex is random
- BWilliam replied Apr 8, 2020
That's normal. Buyers buy when they believe price is rising, sellers sell when they believe price is falling. Equal number of lots on both sides for each transaction. Whose beliefs are equal and opposite.
Forex is random
- BWilliam replied Apr 8, 2020
I respect your personal outlook. I merely posted the report of institutional Forex hedge funds performance. This report is specific to Forex industry. These traders hold MBA and PhD qualifications that you wrote about in your earlier post. The best ...
Forex is random
- BWilliam replied Apr 7, 2020
Lets be clear, you do not disagree that's the performance of institutional traders trading stocks. Your objection is these reports refer to stock trading. Do your own research, you find similar performance with institutional investors trading forex. ...
Forex is random
- BWilliam replied Apr 7, 2020
About institutional investors the so-called "smart money". Read this. url And this. url "There are still opportunities for real positive-alpha investing. But, as we have emphasized before, these typically require advanced algorithms, high-tech ...
Forex is random
- BWilliam replied Apr 7, 2020
I assume you agree market is complex that's close to random. Prove your simple solution assumption pls. Anyone who adopt this same simple solution assumption post here your simple solution strategy for peer review validation.
Forex is random
- BWilliam replied Apr 7, 2020
This I agree. There are too many ppl lying about their success on forum. There are none telling the truth about their losses on forum. That's why I wrote this. And this.
Forex is random
- BWilliam replied Apr 7, 2020
How many traders base their trades on economic factors to the level of "equivalent to getting an MBA in International Finance and Economics" ? I'm not against fundamental analysis just stating the reality. Most GAMBLE by your definition. Take a look ...
Forex is random
- BWilliam replied Apr 6, 2020
Market is complex. There are thousands of strategies. Based on simple ideas. Simple ideas don't work in a complex market. It's an obvious mismatch. If simple ideas work we will all be rich. If you believe simple ideas work, make your money. No need ...
How do you come up with new strategies?
- BWilliam replied Apr 5, 2020
You are correct. But the target does not have to be a gap. And the speed increase does not have to produce a pronounce spike. That's entropy with or without algo. Manual prop traders is on the path of extinction. That's an industry fact.
Forex is random
- BWilliam replied Apr 5, 2020
Increase of entropy principle. Google it. That's the natural state of the universe. Find this parallel in forex. Fluctuations in order of random state.
Forex is random
- BWilliam replied Apr 5, 2020
As long there's a market it remains the same forever. Losers say market has changed.
Forex is random
- BWilliam replied Apr 5, 2020
Everyone tells the other guy your eyes have not opened yet. This is weird.
Nobody is going to post proof of this and that. Stop asking for proof. Trade whatever narrative that suits you. Waste time try to convince the other guy. We all know ...Forex is random
- BWilliam replied Apr 5, 2020
People post their strategies on forums because they know it don't work. If those posted strategies work we will all be rich. Simple logic. Only the naive and stupid think otherwise.
has anyone EVER seen a successful trader/trading system?
- BWilliam replied Apr 5, 2020
Random has two components. 1. Future price is independent of past prices, and 2. Future price is unbiased. If future price is biased long or short then Forex price cannot be random. Future price is biased and independent of past price. That's the ...
Forex is random
- BWilliam replied Apr 5, 2020
Well done Salman. It goes against conventional trading wisdom. But this is one route to take with Forex trading. Specially for those who do not want to risk a large percentage of their net worth. Given the gambling uncertainty of Forex trading. ...
Each day one double (100% / daily)
- BWilliam replied Apr 5, 2020
You are not allowed to use historical data since you assume price is random. You are not allowed to use any form of math since math is based on historical data which according to your assumption is random. Your assumptions created your problem. The ...
Forex is random
- BWilliam replied Apr 4, 2020
This type of high speed look back flashes occur regularly on all time frames. This one is a h4 tf that explains for the large magnitude. It's seen on all Aussie pairs.
Forex is random