As i have mentioned in my previous posts to have a longterm consistanly profitable ststem or method i need 1 element of descresion within it. we are trying to bring the odds closer to a even playing field,because the brokers have a positive edge ...

The life of a trading system on Forex Factory

dakoo yes that clears it up,proper clients with proper brokers,that figure seems fair

Are you a consistently profitable trader?

come on,40 to 50 % on retail forex, dont be shy talk to your gp ,there are creams and gels available remember most of us dont even show up on stats with brokers,most of us are in bucket shops,were very irelevent

Are you a consistently profitable trader?

hi fx4newbies as i said earlier when voting was around the 55% positive with 25 polls,were now at 37 and still between the 50 and 60 % positive, unlike some ,im not surprised by these results for 2 reasons, 2 minute love syndrome,when polling men ...

Are you a consistently profitable trader?

The problem with many of us retail traders, is we seem to think that the forex market is all about traders sitting in banks or for that matter sitting at home trying to make lots of bucks or a few bucks . the forex market is made up of 1000,s of ...

My theory about forex market

[quote=Aldente;5521041]Depends on your definition or interpretation of randomness. I like this one: Applied usage in science, mathematics and statistics recognizes a lack of predictability when referring to randomness, but admits regularities in the ...

My theory about forex market

lets assume everybody is answering the questionaire with integrity. and we can assume 99% are short term traders. then its possible we could have such a present reading that 55% are positive over the last 3 months. 1 additional question would be ...

Are you a consistently profitable trader?

50 % of the time they work, but what i find helps me is,whilst the market is behaving in a random way they have no use what so ever,however when the market is being driven by non randon pricing,they are extremly benificial, a diaganal channel ...

Do you believe in Support and Resistance?

thats right,the reason spreadbetting in uk is tax free is because its clasified as gambling,and due to the losses incured,being 90 % across the field it was decided it would actually incur a cost to the goverment as the losses could be set against ...

The life of a trading system on Forex Factory

exactly, im still have not seen a method or system that does not have a certain descresionary element,even consistantly profitable EA s are only so because the user determines through descresion when to run it.

The life of a trading system on Forex Factory

i completly agree with you,yes the quants have done so. i havnt put so much time into that particular area of trading unless i believed theres away of tweaking the maths,ill continue to try.im very opened minded and not closed to new ideas.we know ...

The life of a trading system on Forex Factory

[quote=micmic;5510891]In any case, it's not very surprising that most threads degenerate the way the op describes. It happens mostly because people are very VERY gullible. I won't be naming names in order not to cause unnecessary havoc, but I will ...

The life of a trading system on Forex Factory

yep keep it simple,nothing wrong with that and it works,with descresion mmaker were misunderstanding one and other, all im saying is if the posters on those threads that are profitable understand the reason they would be indefiantly profitable,if ...

The life of a trading system on Forex Factory

zero is not the piont,you will always return to were you started minus the spread, im not sure what your point is with me,ive stated many times that some can profit from these methods,i m just stating they are descrionary and the reason some make ...

The life of a trading system on Forex Factory

exactly its not profitable, but if you looked to trade it at 1min past or 2,with that descretion you may well have a profitable system

The life of a trading system on Forex Factory

yes i do know that your 100% mechanical system works but only because you apply it at the correct moment,so i would sugest it has an element of descresion within it,

The life of a trading system on Forex Factory

custos, with respect i just dont believe that a 100 % mechanical system exists,there has to be a variant of descresion,

The life of a trading system on Forex Factory

im not relating to any particular system,all systems that do not use stops ,mathamatically end in zero,minus the spread,what makes them profitable is the descrenionary exit, if you never closed a loosing trade ,all the collecting of pips would equal ...

The life of a trading system on Forex Factory

your missing my piont. and i didnt say they are not profitable,im saying they have not identified what breaks the maths .and if you cant identify whats skewering the maths then evetually you will return back to zero. im refering to systems that dont ...

The life of a trading system on Forex Factory