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pemully replied May 4, 2013I agree ....soultraders Grail trading is one such system...it was 100% mechanical and worked for a year to the tune of 1000% annual profit....it then suddenly failed and never worked again. I believe any system that can be fully automated will cease ...
Is the "system" part really so easy to come by?
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pemully replied May 4, 2013dude we are in the same boat, I'm currently jobless ....I demo'd for 2 yrs and went live.I'm still in the learning phase but doing real well for a rookie hope to have conclusive results at the end of this year. don't give up.
Earning Consistently In Forex
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pemully replied May 4, 2013fx will be a scam until u find your edge.That's the only secret. most people can't put the effort necessary to find an exploitable edge.which to my amazement is trade with the trend!!! the market has a lot fakeouts but if u know the overall trend u ...
Forex = legal scam
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pemully replied May 2, 2013I vouch for Asian countries that speak English .
Best place in the world to trade from?
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pemully replied May 2, 2013there is a link to pipeasys millipede thread in this thread and look a sypdermans as simple as pi thread. Rasfilmon philax man and also watching jwpdads journal to see maybe if it'll work out.
Adding On to Winning Positions
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pemully replied May 2, 2013the price action of today makes scaling in a very hard proposition.The market ranges often hence makes sense to scale out of positions. I have seen the reworked versions of turtle system and the ones that still work well involve longer breakouts and ...
Adding On to Winning Positions
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pemully replied Apr 30, 2013yep...the need to impress.it would cripple my trading.
The Trader Behind the Trade™
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pemully replied Apr 30, 2013he also banned me for questioning his mystical sh*t....that he is the possessor of the holy Grail .
Crucial Points a Tosser
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pemully replied Apr 30, 2013backtesting is a complicated science.especially if your system has aspects of discretion. you should foward test the system for six months to see if its still viable.
Strategy Results Poor in 2001-2002
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pemully replied Apr 30, 2013yep....there is nothing as offensive as saying you are profitable in forums...and I'm not talking of silly claims of 1000% a year.
95% traders go broke, only 5% survive
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pemully replied Apr 30, 2013wow! I must be in the 0.4% camp.I honestly can't see how I can have an unprofitable quarter .....maybe a month or two as per my system stats.I believe most traders don't have a real edge. unless I do something extremely stupid ....you never know!
95% traders go broke, only 5% survive
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pemully replied Apr 29, 2013what a nugget by lythro...I wonder if he bothers to check FF nowadays.
simplicity in trading
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pemully replied Apr 29, 2013I can't imagine being a signal provider....the stress levels must be crazy ...I salute u guys.
The Trader Behind the Trade™
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pemully replied Apr 28, 2013I think the way you know you've graduated from demo is when you get sick of placing fictitious trade when you know you have a firm grip on your system and its consistently winning.if you can find a statistical edge(on more than 100 trades) in less ...
Is demo a step before real trading?
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pemully replied Apr 25, 2013good for you ...I have a small account and my simulation has shown 3% risk is the maximum I can risk without coming to ruin.
The Trader Behind the Trade™
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pemully replied Apr 25, 201315% heat in a day would melt my balls ....I feel like I'm dying when I get hit by 6% drawdown in a day.
The Trader Behind the Trade™
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pemully replied Apr 24, 2013your broker has become filthy rich....trading against you.
Who has become rich trading forex?