If you can't quantify discretion, how can you know whether the failure of the system is just temporary or permanent ? Discretion is an adaptation to changing market conditions. Some can adapt pretty quickly, others can not. Also, there could be ...

Are you a consistently profitable trader?

Since many people believe that the catastrophic event will have something to do with aliens, I predict that next year we will have to deal with alien markets and currencies, ie ACD (Alpha Centauri Dollar), GLD (Gliese Dinar) and CML (Canis Majoris ...

Trading the Apocolypse

3 people have lost more than 1 million ? And they are still here ? And I thought that *I* was persistent

Poll: How much money have you made/lost in forex ?

I would like to expand a little on that "belief' part. I have often heard this mantra, and I used to have a problem with this. Because this is not religion in order to blindly believe, this is trading. And one is supposed to have some kind of proof ...

Are you a consistently profitable trader?

Indeed, my first thought was to make a much more complicated poll, taking into account the starting capital, the timeframe, etc. Then I found out that the limit of 40 poll options was not enough

Poll: How much money have you made/lost in forex ?

Well, they say good trading is boring, so we must find something to do

Poll: How much money have you made/lost in forex ?

It would still be an anonymous poll, so confidentiality wouldn't be an issue. I don't know about telling the truth, maybe we would find that this place is full of millionaires

Are you a consistently profitable trader?

Maybe it would be interesting to see a poll about how much money people have won or lost in forex. Eg "won >1,000,000", "won 100,000 - 1,000,000", "won 10,000-100,000", "won 1,000-10,000", "won <1,000", "lost <1,000", etc.

Are you a consistently profitable trader?

No, not necessarily denial. They may not have even read the opening post of such a thread. If, for example, someone is too fat and has a body image problem, he may be very well aware of his issues, but he won't be spending his time in front of ...

Are you a consistently profitable trader?

I took the Tharp test a few months ago and it was very accurate. I would suspect confirmation bias, only that the test told me things I already had identified and to a certain extent I had already taken steps in order to fix them. So, it turns out I ...

It's A Heart-Mind Game... Are You Ready?

My take is that most unsuccessful traders won't even vote. People don't like to ponder about their failures. Instead, they will most likely frequent some new system thread. Results may be correct (ie, no fake voters), but only because successful ...

Are you a consistently profitable trader?

Well, I guess the same can happen with discretionary systems. EAs just have the advantage that we can quickly judge their historical performance, but we can't do the same with a discretionary system - we have to sit there and test it in real time ...

Are you a consistently profitable trader?

Depends on the system... I've been testing lots of EAs I built myself over a period of 5 years (tick data). There were some that would go very well for 2 years but fail in the previous or following years. Now, if I started trading such a system and ...

Are you a consistently profitable trader?

One more:

Trading Posters

And another one:

Trading Posters

Time for me to contribute

Trading Posters

I bought GBPUSD at 1.5900 in 1976. As of now, I'm 20 pips up.

What's the longest you've held a trade for?

Many times it's not random. I wouldn't take the bet if I thought it was random IN THIS CASE. Because all of us have some ability to judge people from what they write on these forums, even if it's the only thing we know about them. I've been reading ...

Are you a consistently profitable trader?

I said that trust is different than belief. But imagine that I am in a situation where I can't stay out of the game, I have to bet 50 bucks on your profitability or non-profitability. Eg, let's say I have a very good friend and I say to him "hey, ...

Are you a consistently profitable trader?