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- mollyellie replied Nov 16, 2017
Please forgive my skepticism here Smikester but the type of performance profile you are referring to just doesn't stack up , either intuitively or mathematically. My skepticism is not of you it is of what you have seen posted
Anyone have a trading system w/90% win rate?
- mollyellie replied Nov 16, 2017
two sigma is a system trading firm. Two sigma and Renaissance are regarded as about the best two system trading firms around. And please dont ask me what they do as it is way way out of my league.They both have a staggering level of sophistication
Anyone have a trading system w/90% win rate?
- mollyellie replied Nov 16, 2017
90% !!.. oh for crying out loud,.. There isn't a system on earth that wins anything like 90% of the time . And that includes the likes on Renaissance and Two sigma
Anyone have a trading system w/90% win rate?
- mollyellie replied Nov 14, 2017
im not sure duplicitous is entirely fair. The point i was try to make was the market makers are unable to march the price around to suit their needs, but rather the market will naturally gravitate to its weaker side. but maybe im splitting hairs ...
Proof That Forex is Random video
- mollyellie replied Nov 13, 2017
and as to the post earlier re a 'troubled trader'. well. it is just wrong. Can a market maker move the market around/?.. gee, maybe, just maybe, something like usdzar, and not very far. In everything else?.. not a chance. they have 'distinct ...
Proof That Forex is Random video
- mollyellie replied Nov 13, 2017
i think this article needs a bit of colour.. there has been an enormous increase in the number of 'hedge funds' over the last decade or so, and they are overwhelmingly poor. People just love to call themselves a hedge fund and go out and charge ...
Proof That Forex is Random video
- mollyellie replied Nov 13, 2017
you maybe able to average 7 pips a day but it will not happen by making 7 pips every day.
7 pips per day? is it possible?
- mollyellie replied Nov 13, 2017
read what i wrote.. i said nothing about putting a limit on your mindset.. i suggested not to set specific targets and the reason for suggesting that.l And no, you will not make 7 pips a day. That is simply not how trading foreign exchange, or any ...
7 pips per day? is it possible?
- mollyellie replied Nov 13, 2017
Ullic is 100% correct.. you must trade the market conditions in front of you. As soon as you start overlaying personal specific targets you are clouding the lens. There are countless threads here suggesting that that is not the case. They are wrong. ...
7 pips per day? is it possible?
- mollyellie replied Nov 10, 2017
A part time trader is trading against full time professional trader/businesses. They have enormous resources and are entirely structured around providing returns for their investors. Even with these resources only about 15% are profitable and they ...
how long does it takes to become a successful trader?
- mollyellie replied Nov 9, 2017
hi all, before deciding to trade foreign exchange please understand the following. there are some fx mkt dynamics that really dont seem to be addressed anywhere that i can see.. bare with me here and sorry for sounding like a miserable so and so.. ...
Why are you trading?
- mollyellie replied Nov 8, 2017
hi,, i saw 'trading made simple' , rolled my eyes and just cant help responding there are some fx mkt dynamics that really dont seem to be addressed anyway that i can see.. bare with me here and sorry for sounding like a miserable so and so.. the ...
Trading Made Simple
- mollyellie replied Nov 1, 2017
hi, there is only one trading book to read.. 'reminiscences of a stock trader'... the rest are pretty much rubbish. Malcolm Gladwell books (blink, outliers, etc) and podcasts aren't specifically trading but are a terrific insight into the mindset ...
Price Action Author(s) Helped You Trade Forex For A Living
- mollyellie replied Oct 30, 2017
hi all, im new to this platform and am here because a friend of mine is looking at starting fx trading and had been reading this forum. So here i am.. Why did i join and why am i commenting?. I just couldn't help myself after reading a lot of the ...
Is anyone here an institutional trader?