The model for me is not important, I'll only be using one assumption of the Black-Scholes model - prices follow a log-normal distribution. Maybe a best thing to do is to verify if this really happens, and if it doesn't, try other distributions. Do ...

Securities prices follow a log-normal distribution - a winning system?

I have that in mind, but Black-Scholes is used widely to price options, so shouldn't it work? If it didn't work it wouldn't be used anymore right? I'm not sure, but if it didn't work the issuers of these options would lose in the long term and they ...

Securities prices follow a log-normal distribution - a winning system?

Yes Black-Scholes model doesn't explain big price movements, but that's not a big problem because the possibility of sharp moves isn't so great. And it says prices follow a log-normal distribution, not a normal distribution, and a log-normal ...

Securities prices follow a log-normal distribution - a winning system?

They say to live in a democracy is to be free, but we can't even use and invest our money like we want. They must think the problems in the economy comes from speculation. I'm already expecting european faggots to implement something like this. You ...

OTC metals trading to become illegal?

I think it's a shakeout because it was on an uptrend and it a very wide spread down bar with high volume and the next bar up. MTM shows a shake-out like that, on the dow jones industrials at 1987 crash. Yes prices could continue to go down but it ...

vsa with Malcolm

But they're working on making a global tax too: Yes economically it's a good tax, but then why not go ahead and tax poker, online betting, etc... It takes away your freedom. It's difficult to do work hard learning how to trade and developing your ...

Tax on financial transactions on European Union proposed yesterday

But Tobin tax was never implemented was it? And a 0.05% or 0.1% tax would effectively kill day-trading.

Tax on financial transactions on European Union proposed yesterday

Nice entry I usually don't enter on high volume bars, thanks for the suggestion

vsa with Malcolm

I didn't take this trade on AU because that NS made a higher high, but the 30m chart just made a test when that bar finished and it showed no supply, so should have entered And because I'm new to trade with triggers, can you confirm if ...

vsa with Malcolm

I took a long on GU today. #1 - I interpreted that as a no supply, but it made a higher high so it could indicate no demand also. The next bar shows supply, but I didn't worry about it because the background was strong.

vsa with Malcolm

Hi CodeBreaker, could you recommend any mathematics books that have useful theory to apply on trading?

Optimized Trend Trading

Thanks for explaining

vsa with Malcolm

Can anyone watch this video? It doesn't play on my browsers (chrome and IE) http://www.tradeguider.com/customer/downloads/VSA_intro/5a.aspx

vsa with Malcolm

I wouldn't have got stopped out, I just thought the prices were going ot go down. I'd get like 7.5 pips if I didn't get out Yea I saw that entry and the move after it happened, wasn't trading at those hours... It would've been good ...

vsa with Malcolm

Can you post charts of what led you to trade it rather than your profits/losses please? It's more educative to us all

vsa with Malcolm

I wouldn't enter because of the time, and even so in my opinion EU is not so weak... EU is coming from a saucer pattern, which shows accumulation. To turn this around I think there would have to be more selling, this might just be a pause in the ...

vsa with Malcolm

From my volume feed it looks like a lot of supply entered on that bar, but it's an up bar after a test and with strength on the background it's unlikely that SM wouldn't absorb that supply. My exit was too early I guess... But if you were in that ...

vsa with Malcolm

I went long on EU but closed too early and had a small loss. I usually don't know when to exit the market, was my exit fine here?

vsa with Malcolm