This post is not directed at you, ofc not. You are one of the few posters, red diamond or not, who is genuine in helping others imho. That's why I check out this thread whenever there's any post made and I've done that for quite some time. ...

The Trader's Academy - by Traders for Traders

Red diamond status does not equate proportionately to the poster's ability to trade. Vast knowledge about forex technicalities and business structure has no connection to the poster's ability to trade. Holding a job in this forex/finance industry ...

The Trader's Academy - by Traders for Traders

I did. It's not too different from most broad brush conclusions about bad analysis and under-intellectualised trading approach that's the core of the problem. Fix it there'll be no place for illusions, fear and greed.

Higher Edge within a Single Candlestick

Copernicus and nealpek posted earlier their individual ways to exploit spikes like this.

Higher Edge within a Single Candlestick

If you don't include exits of either SL,TP and trade management as part of your strategy in your backtest, then it's incomplete. Exactly. The risk profile of reversion toward the mean is completely different from diversion from the mean.

Higher Edge within a Single Candlestick

Success requires innate skill, talent, hard work and right mindset. But it's not the be all and end all. Success requires luck. Luck plays a larger role for success than many will want to believe, much more than this former listed above. It's hard ...

Higher Edge within a Single Candlestick

On the one hand we say math-based systems loses, at the same time gamblers that won big with math-based systems are called out as "cheaters". Are we certain and consistent with this math-based system conclusions ?

Higher Edge within a Single Candlestick

I was thinking more of a hunter aided with modern day electronics. video How is the gambler able to use electronics that goes undetected by the security surveillance ?

Higher Edge within a Single Candlestick

That's why I asked this questions earlier(not expecting answers). Additional question - Is the risk the same trading divergence away from the mean versus trading reversion towards the mean ?

Higher Edge within a Single Candlestick

To be more precise it's denial of the PDM category.

Higher Edge within a Single Candlestick

This is clear proof that the impact of gamblers fallacy is more far reaching than most believe it to be. There're people who believe in this illusion that single results is different from a sequence of results taken as one. It's not new though. Look ...

Higher Edge within a Single Candlestick

The use of phones is allowed in some jurisdiction including mine. Don't we foresee the growth of phone usage ?

Higher Edge within a Single Candlestick

where skill is confused for luck where incompetence is confused for intellect where reality is confused for theory where prophecy is confused for forecast where signals is confused for noise

Higher Edge within a Single Candlestick

For some reason since the 'crucial point' has been made clear a little while back, this thread likely grind to an abrupt halt. When is a buy a non-freak event that begs a buy trade ? When is a buy a freak event that begs a sell trade ? When is a ...

Higher Edge within a Single Candlestick

It's possible to look at a single tf chart with multiple tf reference, it's all in the settings.

Higher Edge within a Single Candlestick

ROFL !

Higher Edge within a Single Candlestick

This suggestion that the longer the time the more it approaches random runs counter to advocates of trading the longer tf, no? Possibly both sides are equally steeped in cognitive bias of some form of dependency based on the individuals beliefs ?

Higher Edge within a Single Candlestick

I always wondered if it was a certainty that any play had no edge why then does casinos place limitations,restrictions and obstructions of various kinds in our path. This is music to the ears that I might not be that crazy after all.

Higher Edge within a Single Candlestick

You are seduced by gamblers fallacy.

Higher Edge within a Single Candlestick

Aha! It was flat earth back then.

Higher Edge within a Single Candlestick