It will never work because of the reward:risk spectrum. The probability of hitting a TP with R:R 10:1 is already low enough, moreover you want TP like this to occur seven times in a row.

Pyramid concept

Hedging is not allowed in a single account but you can have opposite trades in two different accounts. The current model adopted by Oanda will survive. I bet the others will simply allow the customers to have more than one accounts anyway. Regarding ...

Proposal to phase out NFA

That's the real deal. I'm reserving a seat here with my chips waiting for the next post. Way to go Jupiter

A Systematic Approach to Markets

Agreed. However there may be some truth in this axiom 'Buy low sell high'. It involves a paradigm shift and I am testing it now. So far it looks good this week, but it is too soon to tell. I pretty much agree with your 'let the winners run' concept. ...

The Market as a 2-factor model

That's what I am having now. Profitable trades where I cannot find a precise explanation other than luck. I'm still scratching my head for the sake of consistency It can be explained logically but not evidentially. You can say otherwise ...

The Market as a 2-factor model

From what I have seen, Dukascopy is not responsive in customer service. Furthermore they are in the midst of getting a banking license, or as they claim. If they do not get the license, they will just close shop. And a small capital paid up of the ...

Australians using Oanda?

I have to agree with dimistrius. Oanda slipped me on one of my limit order too. Talking to the customer service is useless because they will always tell you any slippage is normal and justify the way they want. During the maintenance, the price ...

Australians using Oanda?

I would like to express my gratitude for those who take the trouble to address the questionable issues surrounding ONS and FirstStrike, for I have been wanting to do this, but haven't do so because I do not want to openly accuse Joel of anything and ...

First-Strike & One-Night-Stand users, show yourself and your mods, if you dare!!!

Mike, why don't you opt for wire transfer instead? And where are you switching to, just for curiosity?

OANDA Discussion

I do not believe the 'no dealing desk' hucksterism. What 'no dealing desk' means is probably one of these: 1) The dealing desk is located on side of the liquidity providers. So technically speaking the broker has no dealing desk, but in fact that is ...

The awakening

I think what you have said is true. Oanda can slips everyone and trust me, 50% of customers won't even complain since it's not really a huge sum. Another 50% complains and got told straight in the face that it is slippage and it's common during fast ...

OANDA Discussion

Kelly value is 14.2% (based on 50% win prob.), which means either of these: i) we should risk 14.2% on each trade to get optimum results. ii) the margin value of each trade should be 14.2% of our capital We are doing far more conservative than that, ...

the Set and Forget Pivot Net system

Why is MBT's platform a nightmare? It has quite some comprehensive orders you can make compared to other brokers.

the Set and Forget Pivot Net system

You can try ECN if you are well capitalized. But even then the broker can still play its trick, one in particular is ODL with its Currenex platform. Some time ago, a client reported a huge slippage which seemed ridiculous for any ECN. Shortly after ...

the Set and Forget Pivot Net system

It has a 'pricing engine' that 'filters' the quotes from various liquidity providers and 'adjusts' the price activity specifically according to each customer trading pattern.

the Set and Forget Pivot Net system

This week doesn't perform well, which usually means next week will be way better. Learned that from poker. Gambler fallacy? Don't think so. It just happen too often.

the Set and Forget Pivot Net system

That's creepy. I know. But the all wins we're going to encounter today will be even more creepier.

the Set and Forget Pivot Net system