Thanks David. You're a gentleman. I have much respect for you, hence the need to clear any misunderstanding. Cheers, vox

Does the martingale system really work?

Hey David, Basically, I agree with each and every point you've mentioned on the text above. For a moment I thought you were opening an exception to point 2 (MM can't alter expectancy), hence my state of confusion. The very thought of you stating ...

Does the martingale system really work?

@ Hanover I've re-read the relevant posts, and think my doubt might come down to differences in semantic interpretation. A higher probability trade naturally deserves a bigger wage, whether it happens BEFORE or after, a lower probability trade. This ...

Does the martingale system really work?

Hi Hanover, Excellent post When it comes to putting 'important' money on the line, I share the exact same thoughts you've expressed. One can never be too cautions when it comes not to lose significant capital. Rule #1 Do everything ...

Does the martingale system really work?

80s goodness video

What kind of music you hear while you trade?

Most retail traders don't lose because they use stop loss orders. Most retailers lose because they take profits too soon and stop their losses too late. Easy to check facts: just google it, there are plenty articles with stats published. It's easy ...

Trading Without a StopLoss

This should answer a few questions...

Trading Without a StopLoss

Hi 2+2, I'm glad to read this from you and that you didn't mind the 'nitpick' Cheers

Trading Without a StopLoss

The fact you disagree on that point implies that you assume profits are guaranteed, whereas stacking more losses on top of the ones you already have, an impossibility. No disrespect meant, but I find it funny to say the least. Wallstreeters might ...

Trading Without a StopLoss

Hi 2+2, Excellent post. Just a small nitpick. Hope you don't mind. Floating losses are not the same as closed losses, they are actually worse. Floating losses undoubtedly represent exposure to risk (ie, unrealized losses can grow larger) as you've ...

Trading Without a StopLoss

Samer, All right. Thanks for your clarification. I meant no offense btw. And, yes you are very right, we are both just small traders trying to learn. Finally some common ground lol Trade well, live better

Trading Without a StopLoss

Samer, I might be completely wrong here, but that sounded as if you intended selling something? Are you selling something?

Trading Without a StopLoss

Samer, I wish you well, but I just don't see it working, not the way you are doing it. There is an easier way to profit. Why go the hard way then? Anyway, you insist in going down the road of pain, and that's OK. It's your choice. It would be nice ...

Trading Without a StopLoss

Yes. ~75% of the intermarket is controlled by just 10 monstrous and incestuous financial institutions to whom every other market participant is fair game. Their business model being based precisely on hunting clusters of stops/new orders. That's how ...

Forex Mythbusters

Samer, Don't get me wrong, but closed losses alone do not show the real drawdown. And, of course your closed drawdown is very low! You refuse to close for a loss Real draw down = closed+floating losses. Something that is fully captured by ...

Trading Without a StopLoss

Good question. I think, no. There's too much selling in here. Really can't see the bottom anywhere. Until this thread I used to think mindset/psychology was secondary to edge/method and MM/risk control. MM being like a force exerted by mind over the ...

Trading Without a StopLoss

Uncanny, I was about to tell Samer to stop digging...

Trading Without a StopLoss

Absolutely. That being precisely the reason why I mentioned WFA in theory should be better than conventional backtest.

Why backtests are useless & EAs are flawed [discuss]

I understand that you are used to pray, but the HOLY GRAIL I just gave you is not a prayer, it's something you should meditate upon.

Trading Without a StopLoss

Sure, have already done that here: url

Trading Without a StopLoss