Well that's another total myth! On the contrary, trading different markets IS the key to success. Diversification will smooth your equity curve and reduce your drawdowns. Look at the previous backtests for example, some markets are always losing ...

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

Oh, now you can curve-fit the data itself, thanks, I did not know that

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

Well I think most traders will never have the patience to wait for a trading setup for a full year

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

Are you drunk or simply quoting paragraphs out of context? On page 226 the author clearly says : "Optimization and/or re-optimization is NOT the answer to the ever-changing markets" The whole book is about finding ROBUST trading systems, not ...

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

90% of traders lose because their "system" has no trading edge to begin with. If you place 3,000 trades with a 3 pip spread you WILL lose 9,000 pips on average if your system has no trading edge, PERIOD. If you don't understand that simple ...

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

EXACTLY! And this is something Reres will never understand.

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

So if backtests have "no meaning" then you wouldn't mind trading a system that generated a 8,500 pip loss during the last 15 years of backtest now would you?

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

Oh I see, so now I am a liar and I am just making these backtests up, is that it? For your information you can find all these backtests and dozens of others in The Ultimate Trading Guide (How to spot short-term trends, trading systems that work, ...

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

Hi Egkid, here is another perfect textbook example of that pattern. This time the 3AM hourly bar was the fake, phony bar. From A to B it seems like the euro is in a downtrend. Day traders notice that downtrend and are thinking about going short. ...

EURUSD

The faulty reasoning lies in the addition at the end. 3 x $9 does equal $27, but the $2 tip is included in that $27, so it makes no sense to add the $2 to $27 to make $29. They paid $25 for the hotel room, $2 for the tip ($27), and then got $1 back ...

EURUSD

Yep yep yep, certainly some serious downside potential on NZD/CHF, I will short this pair when it touches 0.6275, that should be good for an easy 50 pips. Thanks for the tip Rattyo and good day. Andorra eh? Beautiful place indeed

EURUSD

Oh yeah? Let me see.

EURUSD

Goodnight too Sofia, I was thinking the same thing, no action on the Euro. I am switching to CHF/JPY. Take care all.

EURUSD

Come on you guys in gorgeous Paris, finish eating your croissants and your Cafe Au Lait and move that lazy Euro.

EURUSD

Amen to that

EURUSD

While we are waiting for the news here is something to think about. According to a lot of brokers, women have more discipline than men when it comes to trading. They also take less risk and respect their stop more often. Psychologists think that the ...

EURUSD

French Gross Domestic Product is due in 45 min, that should move the Euro one way or the other. And then at 8:30 AM and 9:30 AM (EST) the US retail sales report and the U. of Michigan Confidence report will reverse the trend and bring us all to ...

EURUSD

She is probably thinking : "Hmmm, NFP is due in 10 minutes, I better get dressed and check those Fib levels again, Euro has been strong for days so I will buy the first pullback that comes along"

EURUSD

Piters, there is a huge difference between over the counter markets (like the Forex) and exchange traded markets (like CME), you can find plenty of info on the net.

EURUSD