Sorry, I tend to aproach conversations like a chess game.. thinking several steps ahead. I may have jumped the gun... Your absolutly right here in that people should share some basic statistics. The problem ofcourse is that the thread were talking ...

...only your bottomline should matter to you

I'm sure someone at Soros' level is dealing institutionally through either EBS or OTC with specific counterparties. Either way, he's operating in a manner that will be unavailable to you for several years (if ever).

How Did George soros withdrew the money when he made 1 million?

And thats exactly how it starts. So now I need to post my tradelogs so they can be analyzed for drawdown and consistency over time. Next it will be questions about the quality of the data.. was it photoshopped? Did I conveniently remove losing ...

...only your bottomline should matter to you

Here's the problem with this line of thinking... An account I started about a year and change ago. image Heres one a started a few months ago. image What does this tell you? Other then the fact that I can show that I make money... nothing. You ...

...only your bottomline should matter to you

I wanna mention again that I'm not saying that this is the only way to trade or that other trading methodolgies don't work. People make money in all sorts of different ways and if what your doing makes sense to you then you should do it. There ARE ...

Stating The Obvious and The Quest For Wisdom

As I mentioned in the last post, I usually like to wait for extremes in setiment and trade for the correction. Having said that, it isn't always the case. I take trades for all sorts of reasons and my entry and exit criteria change with my ...

Stating The Obvious and The Quest For Wisdom

Your getting stuck in the if x then y mindset. There is no mathmatical correlation between the current price and the outcome probability priced in the market. Its far simpler then that... Where is price now and what is the sentiment now? They always ...

Stating The Obvious and The Quest For Wisdom

There is a big difference between what "should" make the market move and what "will" make the market move. A good employment number out of germany "should" be euro positive. However, if the main focus of market participants is greek soverign default ...

Stating The Obvious and The Quest For Wisdom

You pretty much nailed the concept here Marsh. Once the outcome is certain, it would be priced into the market within seconds. People like fool would make certain of that. You have to get in before the orders hit the market (orderflow 101) and in ...

Stating The Obvious and The Quest For Wisdom

Were talking about greece in a vaccume. The reality is that there are still other factors at play in the euro and lead to a conclusion that a return to november levels isn't in the cards. The euro area economies just aren't as attractive as the USD, ...

Stating The Obvious and The Quest For Wisdom

I'm splitting your post because there is a big difference between the two subjects. On the short term econ number announcements, people are betting on a possible range of numbers. The numbers listed on the FF calendar and talked about on CNBC are ...

Stating The Obvious and The Quest For Wisdom

url That should give you everything you need to know. You can get deep into it if you want but a cursory knowledge is sufficient.

Stating The Obvious and The Quest For Wisdom

This is highly important and a key reason why it may seem like Fool and I disagree (even though we don't). What he is talking about (and doing) is either execution or time arbitrage; executing his orders faster then other potential event traders. ...

Stating The Obvious and The Quest For Wisdom

I know for a fact that later this year the US economy will be in far better shape then it is now. I also know that at some point later this year the Fed will start raising rates. Both will be dollar positive and are definitly tradeable. You don't ...

Stating The Obvious and The Quest For Wisdom

Is it just me or does this sound like a money laundering operation?

Broker allows 3rd party withdrawal ?

If your sharing somones proprietary information without their permission, your engaging in IP theft (of a long time FF member no less). If your linking (or PMing people links) to a site that is selling systems or info then your in violation of rule ...

From a Rookie to a Professional Trader in 2weeks

Sorry, I make up the titles and descriptions as I go. Glad it's making more sense. Your spot on as far as I can tell. To answer your question... Its almost impossible to know. Its helpful to simplify it down to attackers and defenders, but the ...

Stating The Obvious and The Quest For Wisdom

Theres no rules about posting a profitable system on the forum unless your charging people for the details. If your asking for money, having them send you PM's isn't going to save you.

From a Rookie to a Professional Trader in 2weeks

I should also mention that while its always a good idea to look for price action confirmation, it doesn't invalidate the point of my statement. If monday morning the EU and greece announce a completed deal, the euro is going to explode higher. The ...

Stating The Obvious and The Quest For Wisdom

I 100% agree with that premise. If you take out the last 2 days of price action, there "was" chart confirmation of an up move. Thats why I took the long. It's looking bad on both fronts now so I have an out at 3400. I wouldn't add to my position or ...

Stating The Obvious and The Quest For Wisdom