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- Rennaissance replied Dec 19, 2019
Slowest market condition I have lived through. I dont know why the eur usd is so sluggish and boring.
EURUSD only
- Rennaissance replied Dec 18, 2019
I might have been wrong there, I take that out. They are actual traders, I read somewhere that they are also in HFT but Will have to dig that out.
Successful traders are very, very rare to find
- Rennaissance replied Dec 18, 2019
Nope, people dont really understand the market. The banks are the bookie for some that are familiar with sports betting. The bookie doesn't make odds, the odds are calculated by the consensus opinion about the game. The bookie makes money on the ...
Successful traders are very, very rare to find
- Rennaissance replied Dec 18, 2019
I have dabbled with alot with trend following approaches, my advice to anyone is to stay away from it. It loses money 80% of the times. I have sort of gone towards pattern recognition. I look for situations that have a bias of atleast 60%. That's ...
Random entries - Let's take it to the extreme
- Rennaissance replied Dec 17, 2019
BUY and Hold has become very compelling because of the last 11 years roaring bull market. At some point people will understand that it is not a risk free trade. Certainly not a way to get rich, but if you have a 40 years horizon you might retire ...
Successful traders are very, very rare to find
- Rennaissance replied Dec 16, 2019
I also laugh when people wine about banks and brokers. As thou even the cartel of banks had enough money to influence a more than 5 trillion dollar a day market. I don't think markets are becoming more efficient, I just think alot of the known stuff ...
Successful traders are very, very rare to find
- Rennaissance replied Dec 16, 2019
Buying the heck out of this pair. Mario draghi decision to turn around and restart asset purchase could be a major turning point in the Euro.
EURUSD only
- Rennaissance replied Dec 8, 2019
Only post that is real. Results are the only source of motivation in anything you do. As to whether you will stay motivated after the first million, I think motivation really starts after the first million. Before then you still have alot of doubts ...
A Little Something To Motivate You
- Rennaissance replied Dec 1, 2019
Long term Success comes from both entries and exits. You need to be careful about how and where you play. If not you arrive at a random walk with a little profit to show for the magnitude of your efforts.
Random entries - Let's take it to the extreme
- Rennaissance replied Nov 28, 2019
You 've received a couple of good answers, you might just not be willing to listen. It works but after commissions, swap and slippage it barely stands above the water level. The pain to gain ratio is very High, not only deep drawdowns but also long ...
Random entries - Let's take it to the extreme
- Rennaissance replied Nov 28, 2019
Part of the Cycle. I won't try to find out why. Volatility just cycles
Why is volatility of major pairs so low since August 2019?
- Rennaissance replied Nov 27, 2019
Random entry = Random results. You might still be profitable after cost but by a fine margin. Live trading will be incredibly hard. It's hard to keep believing in your strategy when you've been in a 3 year drawdown. I Dont agree that strategies stop ...
Random entries - Let's take it to the extreme
- Rennaissance replied Nov 22, 2019
For success you need to take into consideration different things that are not in the data: -What's the character of today's market? Hot or Cold. - Is news coming out? - Previous High and lows -What time of the day are you in? etc
Why do indicators not work/work? Why is Forex not truly random?
- Rennaissance replied Nov 22, 2019
I agree with most here from personal experience that EAs don't work consistently. They go through long spells of losing money primarily because of commissions. I had at least a dozen different trend following EAs, some lost money for years before ...
Why do indicators not work/work? Why is Forex not truly random?
- Rennaissance replied Nov 12, 2019
You cannot be taught Discipline. You become a Disciplined Trader through pain. But how to be profitable is easy.
Why is short term trading so hard
- Rennaissance replied Nov 11, 2019
Trade less, a lot Less. Like super less, 2 times a week.
Keys to Success
- Rennaissance replied Oct 30, 2019
Can just smell that spike in 30 minutes. Currently short, having a feeling I can get smoked.
EURUSD only