I have to agree with whoever called this comment 'retarded', this is all time forum comedy gold of the highest order. Wow! so that's where everybody was going wrong! (slaps head), the answer was down at the local bookstore all this time! I bet we ...

Developing an edge

The short answer is yes, one can see this effect for instance in the declining performance over the past years of the statistical arbitrage funds as more people fight over the same edges. Another example would be the amount of false breakouts, ...

Can a system stop working when many people use it?

I am agnostic, I let the market tell me what works and what doesn't.

Who Are You?

I live in New Zealand, so my night is the Markets day... 1. At 8:30 PM NZ time I check all systems are up a running for London open. 2. At about 9:30 PM I check we are in and trading with no problems. ...goto bed and sleep...I may be woken via SMS ...

Describe your trading day

I would completely back that advise, Topherhk88's posts are IMHO the best on the site.

All strategies work

Nice reply, I think where we have perhaps misunderstood each other is that you seem to equate a ~50% win rate with a random entry (or at least that is how it reads in my head ). I would contend the two are very different. You obviously enter the ...

All strategies work

I don't want to belabor the point, but you still have not answered the question. Nobody is saying MM isn't important, but you still have not tabled any evidence of your original assertion that random entries are profitable. Note: at no point did I ...

All strategies work

So you are saying that you get a R/R of > 2:1 by randomly entering the market? I don't see what R/R has to do with flipping a coin to make money, your original post stated that it is possible to achieve positive expectancy via random entry.

All strategies work

I'm not saying he is lying, what I am saying is that I have never seen the 'pulling profits from random entries' technique to trading successfully applied, however I have seen it unsuccessfully applied many times. However, I don't know everything so ...

All strategies work

Groan...the old standard is wheeled out once again, can you actually back up this claim with evidence?

All strategies work

If anybody is of a mechanical bent I would suggest, - The Encyclopedia of Trading Strategies by Katz & McCormick - Pairs Trading by Vidyamurthy - Evidence Based Technical Analysis by Aronson - Quantitative Trading by Chan - Way of the Turtle by Fath ...

Recommended forex books

In that case I retract my statement, can you point me at something as I could not find anything apart from seminar advertising. Edit: I see on his website 'successful trader since 1980's' hmmm....I could apply occam's razor here, but I think I'll ...

The Importance of Mental Analysis

...does Mark Douglas actually trade? I suspect not, if so why does anybody think he has anything to offer beyond self-help psychobabble?

The Importance of Mental Analysis

- The quote server only gives real time data, I have a service running which collects it in real time to a database, which I then use to backfill my strategies. One can get historical data via the Nav COM API. - The quote server does offer book ...

Automated longer term trading with MT4

There is a fee for the MB gateway as well, but you have a couple more options in terms of getting market data, you can connect directly to their quote server (which is what I do), or you can use the Nav COM object to access data and history. Yeah, ...

Automated longer term trading with MT4

You could go the FIX route with MB, this way your code will be broker independent to some extent.

Automated longer term trading with MT4

This might be interesting, url . The translation is fairly turged, but I'm sure you will get the general idea.

Thoughts on randomness and systems

You guys should check out pitchforks.

self enjoy TL

Note how this little ray of fact does not stop the fantasy train from plunging on.

Simplest Daily EMA Cross System

Desending Wedge — Breakout time? Rain perhaps?

Can anyone explain resistance and support?