Ok, 2 things to add here 1) what works in your system is statistical in nature (certain periods of the day) 2) system sounds ok but works very well only in theroy. In reality small specualtors are not the driving force behind forex. The main players ...

Where is the EDGE in trading? The most important thing in trading!

Yes offcourse there will always be traders on both sides. Noone disagree with that. What im saying is this "in statistically favourable situations there are going to be more buyers/seller at certain periods and that give u an edge". TA tools dont ...

Where is the EDGE in trading? The most important thing in trading!

Even baby could understand why TA patterns cannot predict anything so they are completly random especially on short time frames. End of story until prooven otherwise. Yes showing account is not a problem at all as it doesnt reveal the mumbo jumbo ...

Where is the EDGE in trading? The most important thing in trading!

Nope. In cases that i mentioned statistically some things will happen more than others. Thats where the edge comes. And thats what TA cannot provide. I I believe TA doesnt work for anyone. I stated my reasons already and again i must say "i have yet ...

Where is the EDGE in trading? The most important thing in trading!

He said risk is 0,8:1 but for simplicity lets say its 1:1 Than the probability of loosing after 50 trades should be 0,2 * 0,2 * 0,2 ...and so on...50 times....very very low indeed.

Probability of trading outcomes

The probabilty of being in positive balance is way over 99% after 50 trades so i dont see a point in calculating the excat number.

Probability of trading outcomes

Yes, english is not my first language. If your system works on all timeframes thats fantastic and very good result but why dont you share some insight into what makes it work. Or do you just become one with market and u get a gut feeling on where ...

Where is the EDGE in trading? The most important thing in trading!

50 trades 40 winners 10 loosers winners bring 32 units, loosers loose 10...so thats 3,2 to 1 win loss ratio The most probably outcome is nice profit. What is your strategy based on?

Probability of trading outcomes

Yes and where is the edge ur claiming to have? Thats what we are discussing here. Dont say "oh well i cant give u my system"...just explain the logic behind the system so that i makes sense. Are you claiming that you have a system based only on TA ...

Where is the EDGE in trading? The most important thing in trading!

Than you dont have an edge if it always happens. In statistical analysis you do have an edge. That was my point and there is big difference. Yes TA can only be usefull for long term trend following as only than there u can see if many traders are ...

Where is the EDGE in trading? The most important thing in trading!

On the short timeframe u can easily be whiped out by random 20 pip spikes in either direction. Not to mention million other factors. This doesnt happen on monthly chart at all. Trading with price action alone is the way to loose the money. You are ...

Where is the EDGE in trading? The most important thing in trading!

Actually the first post is a bit provoking. I do have quite alot of ideas and know what is supposed to bring the edge but i always want to know others opinions which is very much valuble in this business. I got some very good data from Sunliner and ...

Where is the EDGE in trading? The most important thing in trading!

Well said ! That is...the route to getting a good system is hard but once u have it there is no problem executing it if only u know it works good on long term.

Where is the EDGE in trading? The most important thing in trading!

Hi Sunliner, i must say your post is fantastic and i agree on everything you said. I just wish there were more traders with this kind of open mind and rational thinking. Short term arbitrage is almost impossible to achieve becouse there are many big ...

Where is the EDGE in trading? The most important thing in trading!

Seems like a very interesting thing. I think you should make an EA and test it on different sudden volatility changes. EA is about 1 sec faster than human and also it can help you trade on 5 different pairs at the same time so maybe this can help ...

Where is the EDGE in trading? The most important thing in trading!

Hmmm you have a very interesting approach. This in theory can produce some edge in taking advantage of volatility. The problem that i see with this strategy is the complete randomness of entry points and so many times that you need to pay the ...

Where is the EDGE in trading? The most important thing in trading!

Yes exatly. Some strategy that works on certain time frame wont work on others. There is a fallacy. If it does work on all, than u can say there is an edge to it. But that wont happen and especially not in forex where currencies overlap.

Where is the EDGE in trading? The most important thing in trading!

Dude, random patterns dont work. Until u will keep charging money to people to teach them mumbo jumbo randomness u should feel sorry for yourself and u should not be surprised that you are not sucessful. You have to change the mindset and negativity ...

Where is the EDGE in trading? The most important thing in trading!

Those that are teaching for money are doing it becouse they cannot make money by trading themself. Thats also a fact. You should be teaching them for free and trying to get feedback through cooperation. You would achieve maybe more sucess that way. ...

Where is the EDGE in trading? The most important thing in trading!

Its not me. Its everyone. There is no sucessfull long term purely TA,PA trader. I dont need to trade this way to know this. I dont want to be rude but i see you are charging money to friends and relatives to teach them PA? This just prooves that u ...

Where is the EDGE in trading? The most important thing in trading!