Last time I checked, the opposite of something being lucky was something being guaranteed..... Backed by scientific evidence that if A, then B. And I agree with you.... being diagnosed by a doctor correctly is a lucky thing.... it's unlucky if you ...

Admit it - your profits are based on luck

I can only provide my solution for this BS.... get out of EURUSD trades when the ATR(96) is above 0.0040 on the hourly timeframe.... In hindsight, it would have kept me in the market every week except for this last one!

EURUSD

You couldn't do the gracious thing and apologize. You remind me a lot of itme.... he didn't last long here. You go on believing that forex isn't based on luck. If that is true, then every trade should be a guaranteed profit. I'm sure everyone would ...

Admit it - your profits are based on luck

Rosscub, what you call cynical and bitter, Merlin calls healthy skepticism. It is whatever you percieve me to be. I am what I am. So my shift in perception of forex came after I spoke to a silent partner about trading a fund. I was hyping the great ...

Admit it - your profits are based on luck

for backtests in MT4: i usually set the lot size to 0.1 standard lots per trade. On EURUSD, the value is $1/pip, so the graph represents pip production. IE) if i run a backtest and make $15,000, I actually made 15,000 pips. You will need to divide ...

Account History- Report in Pips

I will bark every time at posts like these: url There are a multitude of other comments you made that "get my goat," so to speak. If you choose to isolate my comments and contradict me, as in this post: url At least preface it with "In my ...

Admit it - your profits are based on luck

I think you have a different outlook on forex than I do. It is like oil and water.... it just doesn't mix. I doubt any phone chat will change that. I think more conflict is inevitable, which is a shame.... Perhaps using the ignore button on each ...

Admit it - your profits are based on luck

Still at it, huh? I'd love to have a phone chat with you and straighten this out....

Admit it - your profits are based on luck

No.... (not in my opinion, anyway) Last I heard, it was $8/standard lot RT (round turn), which is less than a pip in most cases.... So if the spread goes to "choice" (where bid and ask are identical.... because the best prices are taken from all ...

Admit it - your profits are based on luck

You might want to keep an eye on ATC Broker's new Hotspot ECN bridge through MT4.... not prime time yet, but I have faith that they are getting there. The benefit: STP (straight through processing...) what you click is what you get without slippage ...

Admit it - your profits are based on luck

is it just me, or did this week's volatility mess you up too? i hope this new high ATR is a temporary thing.... my stops are too close to my entries for this kind of nonsense....

EURUSD

Apparently the MQ is 90%..... Do you have M1 data back to 2000 for EURGBP? If so, I'd like a copy please.... Thx. PS) I wrote almost an identical RSI EA that can be optimized (discussed in the "MA Optimization EA (very cool)" thread) ... If I find ...

Great EA. Anyone interested in forward testing?

Considering I didn't mention wavelets or ANYTHING that you brought up for discussion, I don't see how you can think I was addressing anything TO YOU, AT YOU, or AROUND YOU. You have a complex. I was speaking to the general idea of forex NNs, ...

You cant bs a bs-er.

How many licks does it take to get to the center of a tootsie pop? — I am pretty well versed in neural networks, and find that it is hard (if not impossible) to prove their validity. Case and point: how far back do you trade the NN? What ...

You cant bs a bs-er.

So, to reaffirm my own mindset about my own trading, I would be counting my lucky stars if I made 4000% with real money (like I did with play money over the last 9 months.) I would not look at myself as some "hotshot trader" because I can't explain ...

Admit it - your profits are based on luck

I don't use daily ATR.... I use 96 on the hourly.... It has climbed over 0.0040 since Monday, which is the new red zone for my trading. Anytime over 40, I will stay out.

Admit it - your profits are based on luck

Thanks.

Great EA. Anyone interested in forward testing?

It is But somebody has to do it, right? Thanks for that great post... it reaffirms my own thinking.

Admit it - your profits are based on luck

Could we get the source too?

Great EA. Anyone interested in forward testing?

eagle that is an excellent point. there's only one flaw in the logic. 1) i don't have a system that is profitable after 5000 trades 2) if such a system exists (and the edge is invisible) then the edge could be removed without us knowing it. case and ...

Admit it - your profits are based on luck