All right. I've fell into a common human mistake, auto-reference. Thanks for clearing that up.

why have you accepted the price-predictability assumption?

Hi PipMeUp, 20/20, this is another reminder of how much I suck at explaining things. My point/belief, call it whatever you like: The number of variables at play in the market at any given moment are unknown, their exact weight unknown. Hence, the ...

why have you accepted the price-predictability assumption?

video and of course: video

The one reason that trumps all other reasons why traders lose

The other day I've taken the time to read the article you have posted: url (thanks for sharing btw). From it I was shocked to learn that the bulk of economists studying the subject as of year 2002 were not doing science. Either (a) economists do ...

why have you accepted the price-predictability assumption?

Silat with all due respect, so far your revelations suck...

The one reason that trumps all other reasons why traders lose

Hi redlion, I have not made any studies as the ones you have mentioned. I am drawing my conclusions based on background in social psychology, 3.5 years short experience trading, and logic. Have you considered the possibility that efficiency, which ...

why have you accepted the price-predictability assumption?

True, and without exercising proper MM, having/not having an edge becomes irrelevant, as the likely result is invariably blown account.

There is no Holy Grail

Excellent post Market's can never be truly efficient. EMH is modeled after a human being that psychology has shown not to exist. Actual human decision-making is less rational and more emotional than EMH can account for. This is a theory ...

why have you accepted the price-predictability assumption?

Good points overall. Points 3, 4, and 5 can be grouped into a single point 'Know thy self'. Point 2 is the same as 'Know your market'. Traders who don't know themselves, nor their market, are doomed to fail. Point 1 is the weakest. Financial markets ...

5 Reasons Why Traders Lose

As long as there's a human motive behind price, it will always be predictable to some extent.

why have you accepted the price-predictability assumption?

You're welcome, JW. One thing they don't usually teach about hidden divergence (HD) is that when price turns with strong momentum you'll often see them. Hence when using HD, you must first have assert there is a trend, and make sure you are with ...

Why did this example of hidden divegence trading fail?

You've picked the wrong direction to trade. The pair is in a strong downtrend. You should always check the trend on higher time frame.

Why did this example of hidden divegence trading fail?

Then we can agree to disagree. What you call SAS (slow and steady) mode, I call GRQ (get rich quick) mode. Your SAS expectations are even more unrealistic than my GRQ expectations when I started Forex. I have no doubt you have a better edge than I ...

I trade my own account for a living. Tell your story

Hi TEB, Well, imho the CoT report is as good as it gets when it comes to knowing real Forex volumes. I believe it is a especially useful tool for position traders. My idea is to hold unto a few swing trades for a much longer period than I usually ...

Follow the Smart Money / COT Analysis

Last night I wanted to step in and get Lib3rty some room to breathe in his own thread, but I was feeling too tired to do so at the time. I'm more rested now... In a world inhabited by perfect human beings you would be right that the OP claims are a ...

There is no Holy Grail

The major problem I see with trading the news are our brokers. 95%+ brokers will do everything in their power to guarantee we do not get good enough execution to profit from news.

Which news events move the market

Martingale profits are but debt to the broker/casino. Long-term this debt will be re-payed. That's what I meant.

Does the martingale system really work?