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- forextrader01 replied Aug 11, 2010
I completely agree with this text, specially with this point: Personal Management 50% Trading is more about psicology than about technical analysis, MM, entry systems, etc.
Random entries discussion...
- forextrader01 replied Aug 11, 2010
Yes... It's an amazing world where you can become rich... Or lose your pants
Anyways I'm not going to argue more this question, I will open a thread when I have time to prove how spread affect trading with these rules: - SLs and TPs ...Why inverting trades doesn't work?
- forextrader01 replied Aug 11, 2010
I want to add one obvious thing: if you make only 1 trade at year, selling the EURUSD at 1.5 and closing it at 1.19, it's clear that spread doesn't affect to your trades and reversing trades will show you a nearly to perfect reversing curve, but ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 11, 2010
With ASK = BID, if you reverse SLs and TPs, original and reversed trades are closed at exactly the same time, and you open the next trade at same time and same price. What's the problem? INVERTING trades doesn't work because the spread, it's a fact.
Why inverting trades doesn't work?
- forextrader01 replied Aug 11, 2010
Have you read the entire post? If I reverse all SLs and TPs TOO, when the price in the original entry hit SL before TP, in the reverse entry it would hit TP before SL, because always ASK = BID.
Why inverting trades doesn't work?
- forextrader01 replied Aug 11, 2010
The reason is the RRR like mr.marketz has said. I can code you a method with a 99% of successful rate, simply with 1 pip of TP and 100 pips of SL. But it will still losing money.
70% winning trades system
- forextrader01 replied Aug 11, 2010
The reason why INVERTING trades doesn't work IS the spread. There is no other reason. If you want, we can speak about why people fail, how to trade profitable, how to find a positive edge, etc. But this is not the topic. The topic is: why INVERTING ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 9, 2010
Maybe few moths ago it screwed my head, but not now, I was discussing about reversing losing system, even with fixed entries and exits, and how spread makes the reversal lose too in the long term. But after one year trading I've figured out that the ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 9, 2010
OK, I'm not going to discuss with you the definition of randomness, just give me an EA with a true non-random system according to you and I will reverse it to continue arguing with proves, not with beliefs.
Why inverting trades doesn't work?
- forextrader01 replied Aug 9, 2010
NDD doesn't mean that they are not Market Makers, it means that they don't have human dealers, but a lot of supposed ECN brokers are really ECN-like brokers (like GoMarkets), this means that they are in fact MM. If you want to trade with a MM I ...
What does "no dealing desk" really mean?
- forextrader01 replied Aug 9, 2010
No, you can't, if you want to open trades at the same time, you have to open them at different prices, prices with the spread against you. This is the reality. Here we are talking about true reversing methods, with same prices, but you can modify my ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 9, 2010
This post is for you and for Craig and Razzle, here you have a simple EA coded by miself (you can edit it and fix mistakes, if they are) that is not random at all, a system with fixed entries, and the reversal method, it is a daily breakout EA: ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 9, 2010
I'm not agree with you, this is not the reason, I tested the same inverting the trades AND the SL and TP, if in the original the SL is 10 and the TP 20, in the inverted EA the TP is 10 and the SL 20, and results were the same, the total loss. ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 8, 2010
No, it couldn't, IT IS. With more than 2000 trades, I assure you that the spread is the reason of the failure. I did the same experiment many months ago, after testing a lot of estrategies and always blow up the virtual account, I have the ...
Why inverting trades doesn't work?
- forextrader01 replied Aug 8, 2010
ROLFMAO Well, if you don't like their customer service, it's so simple: look for another broker...
Broker wants email address to provide support
- forextrader01 replied Jul 28, 2010
If you want to invest less than 30,000 US$ I recommend you Oanda (the only reliable market maker IMHO) or MBTrading (ECN), they are the only 2 retail brokers in wich I have not had any issues that affect my money, if you open an account with MBT, ...
Price manipulation and SL hunting
- forextrader01 replied Jul 28, 2010
Alpari UK = SL hunting and price manipulation, I have not tested the Alpari Direct Pro (Currenex based). Gomarketsaus = SL hunting and price manipulation, troubles to get back your money. Primus = I have not tested them, I know nothing about them.
Opinions on FxPrimus, GoMarkets vs Alpari UK
- forextrader01 replied Jul 27, 2010
Only a small percentage, less than 5%, are you one of them? I doubt it, it seems that you spend more time posting here than trading, good luck.
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