Hey scherzi, here's a suggestion. Get a few like minded traders to trade together in a room. Each one of us is allotted responsibility to scan certain pairs. Wait for the shitty setup to appear then sound the alarm. This is one solution provided ...

The brutal truth of day trading

Hi BN, you made a good point in the discussion. Retail trading forum is like the wild wild west. Showing off the big dick. You brought up this point about risk of ruin. Nobody interested to discuss how to structure their capital exposure allocated ...

The brutal truth of day trading

There's a lot more benefit to assume the role of a newbie and loser on forum. The inverse gain us nothing. Perhaps there's ulterior motive. Think about that.

The brutal truth of day trading

No claims from me, never made one on FF. If anyone is so hell bent to make claims on FF, then be prepared to include ALL the money parameters to give context to his sacred ROI% claim. Basic finance. What's funny is that such members don't even know ...

The brutal truth of day trading

ROI% claims that's bandied about on FF is grossly flawed. That figure is totally meaningless. There's so many more required parameters behind that sacred number before it bears any valid meaning. Have you guys figure it out yet? Yea, I made 1000% ...

The brutal truth of day trading

Be extra careful to make such a ROI claim. Make your money, be happy, enjoy the bs, drama and entertainment on FF. Never make claim, that's the golden rule of engagement on forum.

The brutal truth of day trading

That's why I keep harping that scalping for points is a waste of time. We both know it's a fact. Such a simple basic fact yet pro traders don't know. Wtf else do we expect from forum. Just enjoy the bs quarrels, great entertainment. There's ...

The brutal truth of day trading

A well defined objectively quantified rules based strategy can be evaluated without TE. If the trader can't figure out the details to know if it's a good strategy, then too bad he's way below the line. The real problem is IF such a money churning ...

The brutal truth of day trading

The money value gives context. Without it we don't know if he's a 0.01lot trader, 1lot trader or 10lot trader. Winrate, pip gain, drawdown, ROI mean nothing without money value. When evaluating a trading strategy or trader there must be money ...

The brutal truth of day trading

About the Cad trade, it's a good example how algo and fundamentals interplay. There were 2 clear contradicting conditions on the table - fundies were good for strong dollar, algo wants to take out low this hour. This presents the opportunity for bet ...

Flying Dutchman

Which trader has earned $1,000,000? How about $100,000? Anything less is NOT success yet. Who cares about nice TE. Who cares about win rate. Who cares pips win. Show me real money. The rest is bs.

The brutal truth of day trading

I was reading the Cable thread. There're lots of buyers trying to buy the bottom when the jobless claims and PPI data is good. Weird right ? What else to expect as algo keep hitting new low. Now take a look at UCAD. If the trader wants to try catch ...

Flying Dutchman

Hi Ihlas, I made a few posts about how I use fibs. Check it out. Now I use hands free algo math.

Flying Dutchman

Is baby going back or not ?

Flying Dutchman

Made the target call in Asia market, trade against the algo bluff.

Flying Dutchman

Hi mixedbags, which thread is this NUT's usage of FIBO?

Flying Dutchman

Hi Andy, few months ago I wrote to tell you I can mark the algo target of interest of any pair. Earlier today I made a few quick calls from my phone in Asia market, first time I have done this on FF. Here's the update before NY open.

Flying Dutchman

FTI's scout is similar to poker's bet made before the flop. The "scout" bet is for the purpose to draw other players in to build a sizable pot when there's a chance to win. In poker, bets before the flop can also be a bluff. Scout bets can be large ...

Flying Dutchman

For the rest of the year, I don't see gold trade above this month's high.

Flying Dutchman

After that dramatic plunge gold has been selling lightly the rallies. Today is the key day testing yesterday's high with a "thou shall not pass" 1739.80. Should see a strong reaction from the "high".

Flying Dutchman