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Xela replied Jun 23, 2015If (a) you have a method with a proven edge, and (b) you use position-sizing appropriate to the size of your account and the risk-factors involved, then it makes absolutely no difference at all how much or little leverage you use. (Granted, for 95%+ ...
High Leverage vs Low Leverage
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Xela replied Jun 14, 2015(I know you're not talking to me but ...) to be fair, the essential underlying point of the OP's post, though he hugely overstates it, is correct, i.e. that many amateur traders spend most of their lives being "fooled by randomness" - as Nicholas ...
Forex Dream Chasers - The 90% rule of randomness
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Xela replied Jun 14, 2015Sorry, but (as any institutional trader, economist or anyone else professionally involved in currency-trading will tell you, if you ask them) this is just completely wrong: on the contrary, about 80-90% of the worldwide forex market, these days, is ...
Forex Dream Chasers - The 90% rule of randomness
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Xela replied Jun 14, 2015Since apparently you've never taken the trouble to read an introductory book like the Van Tharp one I mentioned above, or Tushar S. Chande's books, or Martin Pring, or any other standard, introductory textbook, all of which discuss at length and in ...
Banned again- i keep asking the right questions
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Xela replied Jun 14, 2015I'd say 30 weeks and 150+ trades. Not quite so sure about that one, but I agree that it should be a small number, and more specifically the maximum number on any individual instrument should be 1. Here I disagree. Books such as Van K. Tharp's "Trade ...
Banned again- i keep asking the right questions
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Xela replied Jun 13, 2015You do have that right. Just as other members have the right both to comment on it (yes, I know the issue here related to how people choose to do that, and I'm not taking sides), and indeed to draw our own conclusions from it, if we choose to. ...
Banned again- i keep asking the right questions
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Xela replied May 29, 2015Ouch! "The truth emerges" (as it usually does, eventually, with these things.)

Forex Signals 10% up 30% Monthly
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Xela replied May 23, 2015Thanks for your updates, Kilian, and indeed for doing this in the first place. Watching with interest.
Forex Candle Predictor - World's Best Prediction Indicator
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Xela replied May 23, 2015Exactly so. The Titanic "almost" made it across the Atlantic. If that's so, then with a 33% success-rate, it's inevitable that you'll eventually have 25 consecutive losing trades. And more frequently than that you'll also have "losing patches" ...
Scalping channel - 1 minute limited martingale
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Xela replied May 6, 2015Thank you. I can't, because I don't use MT4 and have no wish to. But there are hundreds of members here who do, and I think it should be easy for you to find a few longstanding, respected members who are willing to do exactly what you suggest. I, ...
Forex Candle Predictor - World's Best Prediction Indicator
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Xela replied May 6, 2015So you've got enough time to set up a website to sell your indicator for $199, but not enough time to show the members of the forum in which you're posting as a commercial provider any verifiable evidence at all that it actually works? That would ...
Forex Candle Predictor - World's Best Prediction Indicator
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Xela replied Apr 28, 2015No "single rule" about stop placement can ever be perfect. We've all had situations in which trailing stops would be very beneficial and situations where they're a disaster. We've all had situations in which fixed stops would be very beneficial and ...
Stop Loss Placement - Adapt to Market Changes?
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Xela replied Apr 12, 2015Some will; some won't. Getting the fundamental direction right undeniably makes for a better probability of being a successful daytrader or swing trader than getting it wrong.
I'm not so sure about that. My father's an institutional trader and ...A question to all you indicator traders
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Xela replied Apr 10, 2015Your question seems to assume that there are some (who are successful and still using indicators). I'm not categorically stating that you're mistaken, of course, but it's also not an assumption I share. I certainly know many who became successful ...
A question to all you indicator traders
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Xela replied Apr 8, 2015No, I wouldn't. And he shouldn't. Nobody's disputing that. But it has absolutely nothing to do with justifying your sweeping generalisation, which is simply untrue.
Are those super good results obtained by robot systems real?
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Xela replied Apr 6, 2015That doesn't make it a fake photograph: it just raises a copyright question about his use of it. Someone's use on a website, in these circumstances, of a photo to which they may not own the copyright might possibly raise some question about whether ...
Are those super good results obtained by robot systems real?
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Xela replied Mar 28, 2015I can't prove anything that I'm about to say, here, but having traded various methods almost identical to this, for many years, I'm fairly confident of four things:- 1. This will work better on Cable than on the Euro (especially in 2015); 2. It will ...
4h Channel Breakout
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Xela replied Mar 17, 2015No. I think "having a good system" is very, very low on the list (if it's there at all) of attributes which enable people to trade successfully for a living. I think issues like trading-education, understanding, experience, patience, discipline, and ...
Trading for a living
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Xela replied Mar 15, 2015That's what many people believe. In reality, it's not quite as simple as that logic appears to suggest. Many of the UK spread-betting firms are laying off their own collective liabilities (continually recalculated by their in-house software) and ...
Spread betting and conflicts of interest vs CFD's
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Xela replied Mar 5, 2015On my trading days, I sometimes do 7-8 hours. I find the most convenient and productive time to be around 1.00 - 4.30pm UK time, when both London and New York are "open"..
Intraday trading - Is there someone that really earns?