^^^^^ Truth.

What is your weekly return?

The irony is many still and do believe this is all thats needed to be consistent. Or they'll "argue" its "discretion" blablabla when discretion is nothing more than rules that havent been "verbally defined". I like your post.

What is your edge?

Excellent post! Love it!

What is your weekly return?

If you hide your candles/bars and place a 'random line'... If price is above, sell when it hits the random line. If price is below, buy when it hits the random line. Common sense tells me this in itself has a 50/50 chance of: 1) price will follow ...

What is your edge?

Currently HFT which in itselfs is just bots taking trades at hyper speed, as you already know. Psychology will never leave the markets even when/if they are fully traded by bots simply because in order for a 'bot' to exist a human has to build it ...

An Edge In The Markets

Spot on. But I do think it will be sooner than later. It is already ocurring. It will get to a point the 'jobs' will belong to those with ingenuity and those who can continually improve so called bots. Frankly I think its pretty exiting!

An Edge In The Markets

1) IMHO when your av. win is bigger than your av. loss. The biggle the trade sample (100-500-5000....) the better. 2) This is something im keen to hear because all methods/systems have their natural DD periods. But at what point do you ''KNOW'' if ...

An Edge In The Markets

And once they've been there, they'll be sent to 'money management' next

An Edge In The Markets

Regards psychology it does have its place however in my experience the essence of so called 'psychology' has everything to do with how well you 'mentally' manage your DD periods if trading manually. As for having an 'edge' or robust system/method ...

An Edge In The Markets

Cheers mate. Yeah silver gonna be a good 'physical' investment i believe. I need me get some silverlings for me to store

Scalper challenge

Hi mate quick question: What is your average SL size and whats the smallest SL you've used before? Just curious...

Scalper challenge

Stops vs. No Stops — In the end, whatever works for you, keep at it. Simple as that. Less bickering and defending ones opinion and more sharing and learning with an open mind. I personally know 2 traders who dont use stops and they would blow ...

How to survive in forex? Help please!

Hi Paulus. Must say you get some sweet results and I do believe its possible... Quick question if I may: Based on the risk profile you have (5%/trade), what would you consider to be a resonable/optimal DD for this type of risk (5%..)? cheers

How to survive in forex? Help please!

Well said Could you give me an example of what you mean by 'tweaking' rules based on market conditions changing? if you dont mind... cheers

An Edge In The Markets

Rock solid consistency coupled with an obsession on risk management. I seriously believe, this is the 'foundation' to any edge out there...or could this be the edge? I always relate it to boxing and jogging. Boxing: Protect thyself first and ...

An Edge In The Markets

I tend to wonder many a time why certain individuals who have clearly 'figured out' this business begin sharing info and then retreat because 'they have been asked to keep quiet' What im finding so far is that probably the biggest assistance ...

An Edge In The Markets

Debt Slavery — Wake Up Call video

The video store

Learning a strategy/candle formation is one thing. Learning how the markets work internally, what moves them, why they move, and how they move is a completely different thing. The second option is what allows the first option to be done. But ...

What do you think is the best (fastest) way to learn PA?

Patterns — What exactly is a pattern? A 'visual' pattern in time bars such as a pin? A recurring pattern around OHLC <<data>>? Just curious on this. Just realized this may sound confusing. so... what I mean is: A visual pattern? Or a pattern ...

The nature of the market

As far as im aware of G.Sachs is heavily into HFT (60% or more?) and also heavily accused of front running their own clients. I cant see how after being VP he would setup his own "training shop" and disclose the exact things he was doing in goldmans.

Goldman Sachs traders use moving averages