can you explain with detail how the edge woul wear off in case of trading only?

How can an "edge" wear off - Shouldn't it be the opposite?

not the same thing. do you think scientists sharing their discoveries will improve science ? YES it will

How can an "edge" wear off - Shouldn't it be the opposite?

NO what's impressive is my Holy Grail that nobody thought about : buy low, sell high. imagine making 100000 trades a day that way !! it can bring so much!! I think i'm the first human being to ever think of that strategy !! must be some kind of ...

Just learned about hedging, does anyone use it for scalping?

"from 1 cent to $100 Quadrillions in 5 seconds! !!! " i'll give you the secret for only 30 bucks ! (because i need it) haha

$10 to $20806.27 in 5 days

yeah but you only know it "won't cross 0.25 levels" at the close of the day, then it's too late to enter any trade

What I learned after losing $300,000 trading forex

I have the same stats the mean is around 70% not 85% for any pair on D1 on other TFs it doesn't work at all

What I learned after losing $300,000 trading forex

what's that?

What I learned after losing $300,000 trading forex

so. what did you do? did you short it and get lucky or did you follow the statistics and longed it to that you fall into the 70% hitrate ? Because if you hit the 0.5 level then there is statistically 70% chance that the day closes above, NOT under. ...

What I learned after losing $300,000 trading forex

yes I know it's not 85% it's closer to 70% which makes his claim even falser his system is so vague and unhelpful, define some rules please. I defined some rules and came with the exact same opposite logic as he did meaning if you break 0.5% level, ...

What I learned after losing $300,000 trading forex

well the "85%" stat is based on the assumption that 85% of the time price will close between +0.5 and -0.5 but if price doesn't cross +0.5 or -0.5 then what good does it make ? It means price will simply stay between -0.5 and 0.5 most of the time ...

What I learned after losing $300,000 trading forex

I think your numbers are correct, but you're only verifying if the price closes within +0.5 -0.5% now if you check if the price went above +0.5 then closed under +0.5, then the stats are not the same. I got around 30% hitrate then. Meaning you would ...

What I learned after losing $300,000 trading forex

yep you would have to time your entries so perfectly you would be the best trader in the whole universe

I blew my account today!

the rule is to use 0.01 lot for $1000 doesn't matter if you account is small and you want to make big bucks in a few minutes you're gonna blow up your account, it's inevitable

I blew my account today!

why is it only one month? why did you stop the tests?

$10 to $20806.27 in 5 days

well not really repaint but it is different live and when you put it on a chart. so kinda repainting

Experiments - while waiting for an order to get closed

yeah you got yourself a tick scalper that won't hold for long once you include slippage at highers lots. anyway I don't think tick scalpers work live because they exploit tick synthesis during high volatility/low liquidity phases of the market good ...

Do brokers do something when our EA win rate is 100%?

I don't think it's possible to detect trends as soon as they begin, because price can go in the other direction any moment...how do you know it's the reversal time ? there is no way to know. Also to detect a trend you need some kind of reversal, at ...

Any indicator that tells when Choppy/Ranging starts/ends?

yeah the problem with lagging indicators, is that you're always late. One could argue that you need to use bigger periods then, but the delay is bigger with the higher period, so it's not the solution. I think MAs are useless used isolated, and even ...

Any indicator that tells when Choppy/Ranging starts/ends?

to detect ranging markets you can use ADX of course but you can also try : - when ATR is below a N-Period Moving Average then it's considered ranging. - when RSI is outside OBOS zones (for example between 35 and 65) cheers

Any indicator that tells when Choppy/Ranging starts/ends?