Sorry but that is a load of crap. Account size means nothing. The difference between a successful and an unsuccessful trader is not the account size, but his trading system and his understanding of the market. The money management employed will just ...

There is no Holy Grail

You make some good points. And yes, obviously not risiking much, makes much more sense over the long-term. I am just amazed that these two really famous investors/traders did it by risking a lot on only a few sure-fire bets, and made it really big.

Money management turned upside down

Sorry, but I just can't believe that a person can have luck over decades. He must be doing something very very right, otherwise compounding your money into the billions is not possible or extremely unlikely

Money management turned upside down

well, if you think stephen hawking's work is stupid then you are beyond help it makes it right until one can disprove them. That's what science is about. I am not sure where I pushed my statistics agenda and I called science what a leading ...

Do you believe this market is random?

you should read some steven hawking books, my friend. The universe has three main features, that helped define its shape: randomness, gravity and imperfection. With these inputs, computer models show you how galaxies developed out of randomly ...

Do you believe this market is random?

Ben Graham: "in the short term, the stock market behaves like a voting machine, but in the long term it acts like a weighing machine" Obviously the market in the long-term will reflect fundamentals, but in the short-term it is rather random.

Do you believe this market is random?

sorry if it sounded like an attack. But you are right, my post was not that constructive to begin with. So, let me post something more constructive: url The threadstarter really incorporated and analyzed the fundamentals and looked at what effect ...

I will either make it in Forex, or die trying

doesn't really sound like incorporating fundamentals. Sounds more like you just incorporate news into the strategy. Look up george soros and his analysis before he went short the gbp in 1992. THAT is called incorporating fundamentals. If you can ...

I will either make it in Forex, or die trying

how many predictions? That's science 101, should have been studied in high school. Things like these can't be proven right, they only can be proven wrong. So, if your hypothesis is that markets and charts are random at all times, then it is ...

Prediction of random charts w/poll

actually it is not really important to be able to identify when a trend ends, EXCEPT if you are a big guy and can only exit with the trend. Other than that you just trail your way up / down and wait till that trailing stop is hit. Or if you really ...

Trend Trading All Pairs

Hi Shomari! Long time no see! How have you been? Yeah, I personally don't find much use in posting trades. Who is gonna review them anyways? Some losers who don't know what works and what doesn't? So, not much use at all. But I enjoy reviewing other ...

Trend Trading All Pairs

good call, but I would wait for a break of the retracement trendline and then try to trade it down...

Trend Trading All Pairs

honestly, wouldn't have gone for any of these setups, why? Again, look at the higher time-frames. USD/CHF consolidating on the weekly, not a good sign, you want the institutions to push price in one direction. Trading directionless setups is rather ...

Trend Trading All Pairs

sorry, but this kind of threads is always almost certainly written by failures. It always amazes me that losers want to teach other losers how trading works. It's like wanting to teach maths to your classmates even though you always write an F or ...

Are You Ready/Prepared to trade Forex Live?

I certainly do. On a different note, AUD seems to be break out to continue its massive trend down. Also corresponds well to the fundamentals with china struggling to keep up the growth rates of the past...

Trend Trading All Pairs

a shame that you don't post your losses for others to learn and then analyzing what went wrong. Well, I can tell you guys what went wrong. We were banging against resistance on the daily and that is a low probability trade...

Trend Trading All Pairs

wow, would have never thought of that question. I guess if you asked anybody in another field what they do while working, they would all answer: "eh,... work, maybe drink coffee?" It wouldn't have even come to my mind that if you are a full-time ...

How to pass the time while trading?

However, winning in the long-term on price action alone is an unnecessarily difficult endeavour. Incorporate fundamentals, some common sense and some market psychology and you are much more likely to stand a chance in the long run.

Probability, Pyramiding and Money Management

Well, you probably need a drawdown threshold: i.e. your system historically produced 15% drawdown. Allow for some deviation from that historical drawdown and stop trading when you are down 25%. Then the system most likely failed and hopefully until ...

Probability, Pyramiding and Money Management