It's easier to take on the newbs isn't it? All they do is gambling, and dont have a strategy, just hunches.

Trading vs Gambling: Which One Is More Worth Your Time?

Long Term Trend.

In One Sentence - How Do You Trade?

Hi GEfx, Well, to object your opinion, I've collected all the research you can read on this post. I do not know where you came out with that 98% fail rate, whilst the studies shows that the fail rate is much higher than what you subjected. (the fail ...

The brutal truth of day trading

Hi PeterCaleb, No offence, but I seldom reply to this kind of slow-witted arguments, but I'm not doing anything right now. Anyways, You are perceiving it as a noun, I was implying it with an adjective. What happens to the majority's emotion after ...

The brutal truth of day trading

Listen, Market never changes. Human Nature is still the same then and now and since Mesopotamia. The only difference now and a hundred years ago is the scalability -meaning, now more people have access to the market with relatively low initial ...

The brutal truth of day trading

increased in short selling activity on GBP by the Institution. (non-commercial) currently having a short position on GBPCHF & GBPJPY. image CHF there are more buying on CHF (15,690) than there are sellers (12,445) image JPY (increased buying from ...

Trading like banks: Risk ON / OFF

Hi HeyYou, I wish to share my subjective opinion: If the market is rational then there is no market for fx & commodities, for in a hawkish market every speculator would be buying and none will be selling. After all, it's a zero-sum game. Only ...

The brutal truth of day trading

A man is subjected to his own convictions -that is, either through his studies & experience or tips from Mr. IFlip$10To$10KInOneWeek- , this is the very reason we argue about things that goes no where. A Ranging Conversation. A man is blinded by his ...

The brutal truth of day trading

The "brutal truth of day trading" is not a thread whereby I stark the more inferior style of trading. It is just to expose my due diligence -because little does it- on how rare profitable day traders there are. The widely acceptable day trading fail ...

The brutal truth of day trading

wow! amazing stats! low drawdown, great profit factor, nice sharpe ratio and a very very good recovery factor + never seen a system with >0.10% APHR GHPR excellent post! fan of your work. is this diversified or just one EA?

The brutal truth of day trading

image Here are my stats from February 2021 till to-day (still a short period of time I know, will update after a year.) discretionary, swing trading, I buy on breakouts, trend following. the reason why my trend following has relatively high win ...

The brutal truth of day trading

Hi HeyYou, First and foremost I never stated that "my trend following strategy" works better than other strategies. What I was stating was the shy number of people that are profitable day trading that really make money (bank teller's first salary as ...

The brutal truth of day trading

Hey Starvin4Pips I reply to your reply just because I want to "bookmark" it. I agree to a T with what you said.

Carry Trade + No Stops

Hi Krun,, Good topic, image as we can see the best major currency (including NZD & CAD) to carry trade for now is CADCHF & NZDCHF with 1% daily yield. And I assume they are the leading pairs on the foreign exchange market. leading pairs because I ...

Carry trade vs carry trader

Hello ryuryu,, referring to: You say that it is better to catch 1 good trade and gain 12%/year but not to try to gain 1%/month. I rarely reply questions such as this (individual theoretical statements, no offence.) but I feel like I need to clarify ...

The brutal truth of day trading

Oversimplification: market structure

How do you know when the trend is over?

Hi PipsCrasher, referring to: I disagree that they are impossible to predict. Knowing the conditions of the long-term picture, we can assume the likelihood of a pattern forming within a long-term trend. there is this one theory that I really like ...

The brutal truth of day trading

Hey ryuryu, long term trading doesn't equate to high DD. high DD is, if you didn't control your risk to fit your risk appetite. about the 1% daily target,, IMHO technically, there is potential. realistically, it is utterly delusional. technically, ...

The brutal truth of day trading

[quote=Entuculo;13474495] Hi Entuculo, Good question, I won't give you a direct answer, but what I can I do is to give you this advice: First step, you have to stop believing other's word by word, especially fake gurus. Second, you need to start by ...

The brutal truth of day trading