Sorry 21vs7, can't really say I've understood what you meant. If you meant what mathematics branch do I think is important for trading. I meant statistics (basic understanding). Otherwise, could you reformulate please?

Do you think statistics work in trading?

If no backtest is valid, then what alternative do you suggest? Putting money on a guess on where the price is going? I can only agree with you up to the point that the future is not a copy paste of the past. Backtests are a must do regardless, and ...

My progress as a full-time investor & trader

Hello mim2005, What are the start and end dates of your backtests? Disclaimer: Please do not take my comment the wrong way. I entirely respect your effort, but I have to be honest and realistic at the same time. You seem on the right track here ...

My progress as a full-time investor & trader

They are equally important, regardless of what most say or think. Entries and exits are not independent of each other, so logically how can one be more important than the other? Don't take what anyone says in a internet forum blindly. Don't take ...

Your exit is more important than your entry?

'Knowing' is a possible way to consistent profits. Another way is to accept (even embrace) one's own ignorance about the market's intentions. The way of knowledge can be very dangerous, because what most achieve is not knowledge, but merely an ...

Which Trading System Or Strategy Is The Most Profitable?

and/or the one you take the time to study and optimize yourself. As long as it makes consistent profit, who developed strategy doesn't matter at all.

Which Trading System Or Strategy Is The Most Profitable?

Coding an exit logic is a great idea! Often offers better average R:R than getting full stop. Overall looking promising

critique my EA

Brokers are in the business of making money, not losing. If trading to BE to gain rebates ever worked it was only briefly.

Could this be what HFT's are doing to the market?

Well, you are absolutely right about one thing. The system the OP presented might not be profitable. Now saying EA trading is BS, completely disagree. With just a little research you'll find there are a few profitable EAs. The same way there are ...

Simple EMA mechanical system!

Hi again Dranix, You are welcome. Please note that one should never build strategy/optimize parameters using all data available. Data should always be broken into 2 sets. Strategy is built and optimized using the most recent data set. Then the ...

critique my EA

Trader888's advice a few years back Of course this only valid advice assuming high degree of discretion is used. Something I'm very against. High discretion could easily blur into having no trade plan. Only a very exceptional and ...

Holding on to Losses

Hi Dranix, When developing/evaluating a EA one needs both backtest and live test. Without a backtest one has nothing. With a backtest one may still have nothing. Only live testing results matching backtest results justify putting an EA trading any ...

critique my EA

Hello Silat. Credit for the post content should go to Glen. The bottom line here is that it is possible to make a lot of money trading the news, be it spike, straddle, or the retrace immediately after release. Afterall news is what moves price. ...

Why aren't traders who straddle the news successful?

Here's a better post by Glen shedding some light on most brokers true face. Easier to read it at the source: url Lets Start a Forex Brokerage Imagine that we are no longer traders, but a group of busniness people who wish to go into the forex ...

Why aren't traders who straddle the news successful?

If he's The Fool, what does that makes us?

Trading vs gambling

Read and weep. Source: Glen's website @ url Liquidity - Where does it come from? The original question: "What happens when crown forex has soo many spike traders sending Thousands of orders at the very same moment? Will the liquidity be available ...

Why aren't traders who straddle the news successful?

Exactly, and neither do you, or anyone else, and that is the beauty of trading

Trading as I know it...

Forget multiple pairs question. Think instead about what you've wrote (in bold).

Why Trade Multiple Pairs?