From what u wrote i conclude u just gambled "if it goes my way i can make soooo much money, but then it can go other way as well". I think options can be very profitable if you are playing on volatility. Buying unerpriced options and selling ...

Where is the EDGE in trading? The most important thing in trading!

Agreed. Markets are not fractal due the lower limit. Mabye some daily chart looks like 1 min chart at first glance but they dont behave the same way. Volatility is not the same.

Where is the EDGE in trading? The most important thing in trading!

tradestar1, moneymaker: good posts both of you! So to sum it up: TA can be a good extra tool for trading expecially on long term. Ok i can agree with that, but i still disagree with anyone who is claiming he got scalping system or 1 min timeframe ta ...

Where is the EDGE in trading? The most important thing in trading!

Np. U see u learn sth new every day no matter how many books u read so dont jump to conclusions too fast. Scroll down the page and see how much money was Glen making. But some of the brokers just didnt pay him out due to the fact that he used those ...

Where is the EDGE in trading? The most important thing in trading!

Hi moneymaker, well i think noone of the indicators work. Why not? Because there are 1000 of them and they are ALL derived either from the price or from the momentum. So overall you could trade just with the 2 of them. I tried combining on demo, ma ...

Where is the EDGE in trading? The most important thing in trading!

Going against the mass.... It does work but like Custos said it analogous to picking tops and bottoms. You never know when is the right time to get in. A large stop loss might work here. I might be lazy but im doing lots of research now. So whats ...

Where is the EDGE in trading? The most important thing in trading!

Yes this is my edge at the moment but im looking for something for the future. This strategy has 2 problems. 1) its good at the moment but it might not be working in few years from now. More and more people are using it and more and more brokers are ...

Where is the EDGE in trading? The most important thing in trading!

What is this?Trolling humor? Like i said, you sir have no idea what news trading is, how it works and how to profit from it. Educate urself before u keep on trolling with useless posts. This would be a good place for you to start url

Where is the EDGE in trading? The most important thing in trading!

U can make few K per month/week but not millions. If u trade below the radar with smaller accounts than ur account last for longer. Sure Casinos are connected but brokers are not. There is no suck blacklist for news traders yet. edit: actually ...

Where is the EDGE in trading? The most important thing in trading!

I dont think, i know. Been doing that for long time. Sure nowdays brokers are closing accounts after 3-5 such quick trades thats why this kind of edge is slowly dying...but trust me in 5 trades you can still double the account. Few years ago there ...

Where is the EDGE in trading? The most important thing in trading!

Breakout, please stop stop.... 1) i know what you are thinking. But thats not the way to trade the news. If you put on a straddle trade with stop losses in both directions than offcourse you will either get alot of slippage OR you will have a ...

Where is the EDGE in trading? The most important thing in trading!

I agree. Its all about the game and winning. Money looses its meaning. This is also very much true but the problem is that big guys have the tools to outsmart little ones (faster execution, front-running, detailed order books ect...cooperation ...

Where is the EDGE in trading? The most important thing in trading!

Gap trading can be risky and the most important thing to take into consideration is excatly the assumption that (all gaps MUST fill). Ive seen many traders loose alot becouse of that so its worth to stress that out. That is not really the same ...

Where is the EDGE in trading? The most important thing in trading!

Ok ill take that into consideration. But if someone says to me for example that his system is good and it has 60% profitability its natural to suppose that win/loss and risk/reward is included into calculation.

Where is the EDGE in trading? The most important thing in trading!

Hi, thx for your input. When i said 55% i meant the overall profit (including w:r ratio) so for every 1000 points loss there is around 1,100 points profit. Trading the gaps can be profitable but never forget the stop loss. Not all gaps fill. So you ...

Where is the EDGE in trading? The most important thing in trading!

Great post! except this one thing I still think there has to be initial edge. Without it winning at this game of probabilities cannot be done.

Where is the EDGE in trading? The most important thing in trading!

U dont know what news-spike trading is do you? Yes he is a classic troll. But he provides good amusment tho. Ignore list: What a threat

Where is the EDGE in trading? The most important thing in trading!

For scalping outside the news events its a terrible currency.However i made the most on news trading playing the excotics. When there is intrest rate change or cpi it can move 1000 pip. Spread of 40 or 50 is irrelevant in that case. On long term ...

Where is the EDGE in trading? The most important thing in trading!

Actually gap trading works ok. I used it myself on mondays with limit orders set up on friday 1 min prior to the close. This is indeed very good strategy. Fading the gaps on indexes also works ok but profit rate is barely over 55%

Where is the EDGE in trading? The most important thing in trading!

Let me quote : Originally Posted by Mr Breakout image True but thats irrelevant becouse overall you have absolutelly no data to support your claims that that this random entry strategy would produce any profit. Statistics is not on your ...

Where is the EDGE in trading? The most important thing in trading!