I thought "luck" was the exact opposite of "random chance"... If you are lucky, then you defy random chance. In any case, I think people have an entirely wrong idea of the theoretical limits to which analysis can be applied. Randomness, according to ...

Admit it - your profits are based on luck

Hi David, your posts are always well thought out and logical, and are therefore a rare and welcome commodity among the chest thumping and bickering that normally goes on. I completely agree with you, but there is something you did not mention, and ...

Admit it - your profits are based on luck

So planes don't crash?

Admit it - your profits are based on luck

How does that follow logically? If that is your definition of luck, then everything in life is based on luck, not just trading. A doctor's diagnoses are also based on luck because one of these days he'll get it wrong. Or maybe aerospace engineering ...

Admit it - your profits are based on luck

Some brokers follow interbank rates more closely than others.

Why I get negative interest when I long G/J?

The title of the thread is "Admit it - your profits are based on luck" which is not the same thing as "luck isn't a part of forex trading". That any trader's long term profits are based on luck is wrong and that I can prove with one word: CASINO. A ...

Admit it - your profits are based on luck

Just look up their address on Google Maps. Nuff said.

have you ever have problem with Crown?

It moved 4% over the past day or so (volatile) High pip values, exacerbating the effect of the volatility The spread is 60 pips However, $140/standard lot is ridiculously high... I noticed IBFX has a new set of pairs that seem to be specifically ...

usd/zar carry trade

Oh nooooow I get it .

Wall Street close watch

When will people realize that a nation cannot get rich(er) simply by having its people sell increasingly more expensive houses to one another?

Wall Street close watch

I find it difficult to see how the Fed can raise its target rate while at the same time extending emergency lending until January '09 (at least). I think bias is shifting towards tightening, but we may not actually see any moves for a while still...

EUR/USD Trading Room

That's likely following the surprise RBNZ cut. If RBA comes out hawkish we will probably see the market caught short and a violent move back up to the highs could ensue.

Australian Dollar May 'Free Fall'

I am not looking to short it. That's why I mentioned the 50% level at $100.00 - perhaps good place to start building longs again. I was just wondering if any of the other guys here shorted it.

I see oil reaching 100 USD?!

Did anyone short that move last week? This could be the long awaited correction. Any thoughts? Important 50% fib is at $100.00.

I see oil reaching 100 USD?!

Why not do that in a CHF thread instead of the EUR thread?

EUR/USD Trading Room

I already wrote a post about the Rothschilds, but then FF all of a sudden experienced "technical problems" and the post mysteriously disappeared... Hm...

IS the US in Recession and whos fault is that?

1) I didn't specifically mention how I voted... but it is clear from the statements that I made if you read them - try the initial post. Anyway, I didn't say America was the only country with faults. Here is what I said: Does that sound like I am ...

America's status in 2058

And on that note, I'm off. Best of luck boys.

How do you get out of your Hedge trade?

Once again: I NEVER SAID THAT YOU CAN'T MAKE MONEY HEDGING. I said: I am really not sure how much more clearly I can spell it out. Cobra, I am glad you are making money, but if you want to make more, stop hedging.

How do you get out of your Hedge trade?