Cindy, good luck with your study first of all...Math and Statistics are essential components I have to say when it comes to trading based on probabilities and system design... I am an Electrical Engineer, so I studied lots of Mathematics in my life, ...

Calling all Quants and Statistical Analysts

Goes without thinking Regards, Nader

Robustness in trading systems

Forever.... 5 Years is better than 3 Years....10 Years is even better....20 Years is awesome... Your whole trading career would be the best ever... Sorry for being sarcastic If you are looking for the typical track record for ...

Number of trades before counting consistency

As mentioned in other posts, it's about getting a larger sample as possible... If you test on 10 years of data while only generating 50 trades, that's not a decent sample at all...If your strategy generated 50 trades in 10 years, it means that it's ...

How much backtesting is enough?

Well, you won't find a filter improving the win/loss while keeping the R:R the same.... All you can find, although rare, is a filter that can improve the win/loss more than it worsens the R:R so that the total impact would be slightly to your ...

Robustness in trading systems

I do believe that the expectancy is actually the result of both R:R and the win/loss ratio...Of course it takes the actual R:R (Average Winner and Average Loser) as it happened, not your theoretical R:R.... There is nothing wrong with having a high ...

Robustness in trading systems

Well, I don't think this can be possible....I would assume the payout will never approach the principle, i.e. you will never get a 100% payout....The maximum I have seen was something like 85% payout.... And something else, it's not to be touched, ...

Binary Options: Is this possible?

LOL....I really like this statement.... Regards, Nader

32 Rules for Traders

Daily and Weekly...It's amazing and less stressing... Regards, Nader

What is your trading timeframe?

Well, You can trade the options on currency futures.....They are traded on GLOBEX and both American style and European style are available... Weekly options are available too.... The below link will take you directly to the options on EUR/USD ...

Options Trading in Forex

Totally agree....If the engine of the car is not working, adding new rims, spoilers, hoods and other stuff will never make the car move an inch... Regards, Nader

How to improve my percent rate of profitable trades

Interesting question.....Have you checked how the Turtles used to trade before? I mean have you ever had a look at their trading strategy, how they entered the markets they traded, how they decided upon their stop loss and their position size? If ...

How do you use ATR for a stop loss?

That's right....However, it's not actually the current price, it's just the current best bid and current best offer... That's true as well... Fine... No....If someone enters the market to buy 40 lots at 1.3465 and given the order book you mentioned, ...

how to determine a price during trading?

Well, sure the Bloomberg terminal must be overrated for retail traders, especially that they are always focused on Spot FX prices and charts and economic releases and related news, which is pretty much represent some 1% of the content and data ...

Bloomberg Terminal overrated?

Well, you are basically trying to solve for 2 unknowns while having only 1 equation.... In such cases, you can't precisely solve for the 2 unknowns, but you can always get hundreds of solutions (Based on assuming values for unknowns)....I believe ...

Avoiding Sideways Markets

I am afraid that this can't be possible in reality...If you see an uptrend on M5 and M15, then surely you must see an uptrend on anything lower than M5, M1 included.... The reverse might be true, which is, what if you can see an uptrend on M15 ...

Avoiding Sideways Markets

You can say that market action is based entirely on supply and demand within the market...With all due respect to pre-determined price levels, supply and demand will dominate.... I will agree that sometimes pre-determined levels can have an effect ...

Is market action based on predetermined levels?

You are most welcomed.... Would you be kind enough to share your findings in the same thread in order to spread the benefit for forum members.....I am sure a lot of members will find this information useful... Regards, Nader

Volatility indicators in non-US markets

I slightly disagree with you...Amazon do show some good books to start with: A Complete Guide to the Futures Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options url Understanding Futures Markets url Fundamentals of ...

Futures Market Structure

Hi Martin, If your system is not a trend follower and produces on average a 75% failure rate, then what is it? No one can suggest any filters for you to improve the performance without knowing some basic information or the concept behind your ...

How to improve my percent rate of profitable trades