I'll be starting another thread on maxims or postulates, not sure what I'm going to call them. Theorems, maybe. Things that are not axioms, but might be true. Things that are arguable, or aren't self-evident. Most of what's being posted here would ...

Axioms of trading

In roughly 95% of cases, the final defeat is a single defeat. Not an axiom.

Axioms of trading

I think that one is close.

Axioms of trading

This is a tough one. Up until today I would have agreed. I don't believe that there's a system that can be traded mechanically. I don't believe in EA's. I've concluded that discretion is what makes a good trader. But today I sent off money for a ...

Axioms of trading

If you shut off your computer, the EA will not be running. Same thing with trailing stops on MT platforms. The stop will not be moved MT is not running.

Autotrading with Metatrader while spleeping

That's all I can come up with. Some may offer the criticism that they are vague, and general. I think they have to be, in order to apply to all markets at all times. These are basics. If they are true, then a trader would do well to make them a part ...

Axioms of trading

Axiom 5: It is easier to lose money than to make it. I read this somewhere, I don't remember where, and I apologize for not crediting the person who said it. It really made me take pause. It really "sticks in my craw"!!!! We know it is true. But how ...

Axioms of trading

Axiom 4: Price action consists of repeating patterns, random events, and noise. Someone asked me if I thought price was totally random. There are those that believe this is true, even though it is clearly not. There are repeating patterns. There are ...

Axioms of trading

Axiom 3: Markets change. What works now will not work at some point in the future.

Axioms of trading

Axiom 2: There is no perfect trade. Therefore, you will always be wrong to some degree. Corollary: The trade could always have been better.

Axioms of trading

OK, we're getting somewhere. This is nearly the same as my #1. Axiom 1: Price can go up, down, or sideways at any time. You can not predict direction. Some might argue with that, since, if you say it will go up and it goes up, you predicted ...

Axioms of trading

Does this always work? Is this always true? If not, then it's not an axiom.

Axioms of trading

Wow. I'm amazed at the number of responses. I'll pose the question again.... Can there be such a thing as an axiom in something so artfully diverse as trading? Something that is always true? Of course there can. But, I’ll forewarn you, in order to ...

Axioms of trading

What I really don't like is the roundoff game. I'll be in a trade with Oanda, and I'm looking at my account page which says I have 10 pips profit. I bring up a window to close the trade, it says I have 10 pips profit. I click and close the trade, ...

Weird Plobrem.. be careful

I know this doesn't answer the question, but should help put things in perspective. My money is in IRA's. I've been getting 20 - 30% per year for several years now without taking a lot of risk. I spend 20 - 30 minutes each Saturday morning on it, ...

Expectations then and now?

I see. You're drawing a line across the tops. Where do you get the 100? Looks to me like it should pull back to at least 3500.

Jacko's Forex House of Pleasure and Pain

Sure it's easy to see the stalling action on the 4 hour chart for the last couple weeks. However, I see two other times since early June when it stalled for a week. Why wasn't that the "roll over"? Instead, it broke out each time. Traders that ...

Jacko's Forex House of Pleasure and Pain

I add the ones I use to the favorites folder, then just switch to that tab. MT4 will run faster if there are fewer indicators attached to charts. Each one uses processor time on each tick of the chart it's on. Rob

Cleanup Indicators List

Yes, LOL, isn't that something! I read the first post and thunk on it a little, then saw the date and cracked up. I was going to post, "at this point, my plan is to go long on pullbacks until the trend change is well confirmed". I guess I would have ...

Are we close to TREND REVERSAL?