Marsh Member Member Since Feb 2008 Posts: 4 image Clinic Question You mentioned in your "stages of trading" article that a trader will often read books on psychology of trading. I was in the market for such books and am wondering if you have any ...

Soultrader's Clinic :)

I agree quite a lot with Tdion. Luck has a big part to play in forex - but it's not everything, what you do when your luck is in is what makes the difference. Have a look at these books that so many of you revere - market wizards as an example. ...

Perplexed - year spent looking for system

Marsh Member Member Since Feb 2008 Posts: 4 image Questions for the Clinic ST, Ive read this whole thread as well as other posts you’ve done, and I have a couple of questions: 1)You mention you ONLY use S/R on your chart, and have even told a ...

Soultrader's Clinic :)

Mr — image Ricardo. image Member Member Since Apr 2007 Posts: 136 image Hi soultrader Hi soultrader, Sorry to bother you with a private message, but I was reading one of your posts from the "is the market random or not" thread and ...

Soultrader's Clinic :)

Mr — A 30 pip stop aint going to be anywhere near enough for getting those 200 pip runs. I'm also not sure about your statement on ' Most of the traders set daily/weekly/monthly goals.' - is that true? I dont set any goals for targets daily ...

Soultrader's Clinic :)

Mr — depends on the time of day, the currency pair and the market depth. - how long is a piece of string? ive seen as little as 15mio move the market 5 pips and then ive seen 300mio swallowed up in a heartbeat without a single pip moving. Hope ...

how big do i have to trade to move the market?

Mr — only if that's the route you choose.

Is the market random or not ?

Mr — maybe, never looked at cards though. just studies that were done extensively on roulette and other games of random chance - clumping is a phenomenon that exists in random games like roulette or even coin tossing where you will get x heads ...

Is the market random or not ?

anyone on here apart from me know about 'clumping'?

Is the market random or not ?

ahh, the penny drops. they are.

Is the market random or not ?

you mean like the GBP is going up despite being in the shit deeper than a deep thing?

Is the market random or not ?

if you are going to contribute to this discussion then please at least have the decency and respect to read the damn thing before engaging your gob with such ridiculous schoolboy remarks!

Is the market random or not ?

when i turn a card in a deck am i predicting what it will be? nope, i'm taking a chance. truly plutonite, I do not predict - i take a chance and i'm eiither lucky or not. if i'm lucky then i maximise on that. also the play on probabilities does not ...

Is the market random or not ?

sorry, you misunderstand my definition of the term 'investment vehicle' - by that term i mean as a long term investment for pension funds etc - it's an asset class alright but is classed as an 'alternative' investment vehicle - i meant in the ...

Is the market random or not ?

i wouldnt go that far.

Is the market random or not ?

I totally agree with this bit "you could not have any predictive edge whatsoever" i don't believe that there is a 'predictive' edge. (and neither does Mark Douglas by the way). just because you cannot predict though does not mean you can't make ...

Is the market random or not ?

and an expert in decyphering!

We're all saying the same thing

i give up lol

Is the market random or not ?

there is a significant difference between forex and stocks - as previously stated there is an inherent bias towards longs on stocks - everyone involved wants the stock to rise - the company itself wants a strong share price so it is worth more, ...

Is the market random or not ?

please let us know where we can get hold of non random fundamental information - i mean 100% predictable fundamentals.

Is the market random or not ?