that is a matter of philosophy. large swings are acceptible if i am trading aggressively.

Admit it - your profits are based on luck

i think its more like a lottery distribution. you have several very small winners, and one or two very large ones.

Admit it - your profits are based on luck

any system that is not based on cause/effect is luck. triangle breakouts, 123 patterns, fibs, etc. the reason: market trends can change at any time. therefore, your probabilities change without warning. take the EURUSD this past week. the ATR has ...

Admit it - your profits are based on luck

i noticed the ATR for the EURUSD was VERY high this week.... the highest i've seen in years.... and my EURUSD EA got creamed as a result.

3.58% of Forex Volume is Gone?

well i am confident that the POTENTIAL is there to make several thousand percent, as several years of backtests have shown. (in fact, i was up 4000% on the year until this week ) my reconciliation: i can't identify the cause/effect of any of my ...

Admit it - your profits are based on luck

jeff, you are always welcomed to post anything you want, anytime you want.

Admit it - your profits are based on luck

i did not remove any strategies, but i did add one a few months ago. here is the performance from Jan 1, 2001 to the present date. that is 18,800 pips total (after spreads and rollover premiums) i am up 2,200 pips this year.

tdion's Almost Live Trades

first, you are calling me "one questionable individual" when YOU are the newbie here. check the join dates. ted was the first to mention gambling on page 3 (7 pages ago) not me. obviously there is no changing your point of view. there is no changing ...

Admit it - your profits are based on luck

it seems to me that everyone is enjoying the discussion, or we wouldn't have 10 pages of responses. maybe you could contribute something useful for once.... (by the way, you are doing a good job of looking ignorant.)

Admit it - your profits are based on luck

how will you ever know when they start and stop? you've got to always be in....

tdion's Almost Live Trades

where does one find information about "what goes on behind the candles?" without working at a bank, and observing how the CBs and trading desks react, how can you ever know? is there a book out there that covers forex fundamentals? not the stupid ...

Admit it - your profits are based on luck

i didn't need your approval.

Admit it - your profits are based on luck

been getting creamed lately in this sideways EURUSD market.... down about 600 pips ATM (each pips is $1 on the graph)

tdion's Almost Live Trades

hey mike, the real reason for the debate is not to pick a fight... it is topic worth discussing, and i'd rather write about it than ignore it.

Admit it - your profits are based on luck

The live trade calls will speak for themselves.

Admit it - your profits are based on luck

Well, I've heard people say "learning and understanding the market" about 1000 times, but never seen anyone actually define it. It sure looks like voodoo to me. I can tell you that without cause/effect, we are without a true edge. If I can't ...

Admit it - your profits are based on luck

What does this mean, exactly?

Admit it - your profits are based on luck

not everyone is fortunate enough to have (or ever find) an edge, mike.

Admit it - your profits are based on luck

This is way off of the thread's topic.

Admit it - your profits are based on luck

Dopey.... The purpose of the thread was to get people to stop and think. If it didn't do that for you, "I don't give a shit."

Admit it - your profits are based on luck