Ah, very good sir. Merry Christmas! A shame to have to start the day like this. Again, shouts to redlion for a thought provoking thread.

why have you accepted the price-predictability assumption?

Absolutely pathetic. Let me get this straight. In no way did I refer to you directly. I did not comment or criticize on anything you had to say. You ignore me because I called someone based on my limited experience with him, intelligent. The same ...

why have you accepted the price-predictability assumption?

So in conclusion, those that are arguing that the market is not random, finish with: Yes, it is predictable, but with absolutely no real accuracy, consistency or empirical data what so ever to back it up. GEfx, in his reply here, sums up ...

why have you accepted the price-predictability assumption?

I agree with you jmn5611. It seems our trading method may be very similar. The "problem" is that it's not as sexy as pouring over charts or spending hours at a time reading news. Plus, you can't impress your friends over drinks since you don't have ...

why have you accepted the price-predictability assumption?

Jasus, You must be be a multimillionaire since you can predict market movement. I'd love to hear more about how Forex is not a random walk from you. Empirical data people. F*ck theory. Show us results!!

why have you accepted the price-predictability assumption?

In 2013, the Nobel prizes in Economics went to three individuals. Two of them based on their analysis of asset pricing. Out of the two one argued for efficient markets and the other for inefficient markets; both won Nobel prizes. There is no cut and ...

why have you accepted the price-predictability assumption?

To those saying this thread is a waste of time, it's not. At least you can see the arguments for and against trading without stop loss. However, these threads don't really get that far; the main reason being no one is going to divulge their trading ...

Trading Without a StopLoss

Why can't you enter another trade? If you are referring to the backward, barbaric US regulations regarding not being able to have both a long and short of the same currency then that does not apply to me. If you are referring to margin then I do not ...

Trading Without a StopLoss

2+2=4ex, I don't doubt you are a successful trader. Matter of fact, if you are profitable long term and earn a living off of currency trading using stops then you are light years ahead of where I want to be. I really don't know how big your stops ...

Trading Without a StopLoss

Don't let they nay-sayers distract you. You can absolutely trade without stop loss. It's hilarious to see the 1% per trade, 2:1 RR crowd out in full force. Claiming to be accurate more than 50% of the time long term on pure speculation is laughable. ...

Trading Without a StopLoss

Hi Linus, I agree. What I meant was the reward is going to match the risk; and you may just lose it all. But in order to make any kind of substantial gains in Forex or any other capital market you have to take the plunge and take on an amount of ...

Trader or Gambler?

diceman555, I agree and like your perspective. Gambling has a negative connotation probably due to the fact that people who go to casinos and blow their life savings are termed "gamblers". In the finance industry, these people who "gamble" are ...

Trader or Gambler?

You need to risk your capital to make any kind of gains. Forex is also a random walk which means it's luck that determines if you hit your TP or SL. Sounds a lot like a gambler to me.

Trader or Gambler?

Apologies if I came across too strong. I know how frustrating this process can be and the vast majority of heartaches are a result of relying solely on settings and trying to predict future performance from historical data. Agent Orange, over time ...

Extracted Thread (per thread starter's request)

I just couldn't stay on the sidelines anymore. I'm going to try and sum it up in a nutshell: Delete the indicator from your charts! It's a sideshow! There are no perfect settings and there never will be! The minute Squalou released the first ...

Extracted Thread (per thread starter's request)

Great post Spaceduck. I agree with others. Plenty to learn from this thread.

The clarity thread

Beautifully done SpaceDuck and FXSaint!

The clarity thread

What's the verdict yall?

Central Banks & Big Players

Very nice Spaceduck! Thank you for providing those excellent examples. My question regarding stop loss is this. I understand what you say about keeping an emergency stop loss handy and a great distance away from entry. However, when the stop loss ...

The clarity thread

I agree with Pipalicious, Spaceduck. I would enjoy your commentary on stop losses.

The clarity thread