You're absolutely right. Only the second is "AI"; the first isn't at all. Again, you're absolutely right, in the sense that almost nobody in a forum where the members are trading spot forex is actually able to discuss it. There are other places ...

Certainly looks that way.

Yes There's only one kumo. The "kumo" is the shaded/clouded area between Senkou Span A and Senkou Span B (the lines that are projected forward). It's not quite clear what you mean by "kumo up" and "kumo down". I know English isn't everyone's first ...

Guys, am I right in thinking that because TraderOtakar started this thread, if someone (perhaps Vitek?) asks him simply to add this PaulMF person to his ignore list, that would prevent PaulMF from continually undermining the entire purpose of the ...

No. They don't. Exactly as pah explains in his reply to you, the spread is simply the difference in points between Bid and Ask prices for any given instrument. You should ignore "williamhall"'s reply just above this post: he's totally misunderstood ...

I hear you there - but it depends on exactly what you mean by "best", doesn't it? When colleagues and I used to trade a very similar system (on currency futures) many years ago, we always found that doing what you suggest significantly increased the ...

My understanding is that the daily loss limit for the 100k account is $5,000. One of us is mistaken.

Sounds like that took you well over the daily loss limit, which trails open equity as well as closed positions.

I don't like it at all. There's too much overhead resistance (which is one of the things that detracts from the usefulness of MA's as a trend-indicator). I pass.

Some are; others aren't. People who are successfully making their livings through their trading tend to be extra-cautious at the start of a trend. The great majority of retail traders tend to be less cautious. This is a counter-intuitive and ...

Very interesting post, thanks, Dave. What kind of stop-loss have you been using for this?

Virtually everyone who becomes steadily profitable, and has a little bit of capital, eventually does. (Why wouldn't you? It's all gain and no disadvantages, really.)

Not surprised your post already has several "likes". I strongly agree. The forum's packed with people not making a living from their trading, who would like to. I'd suggest that "reinventing the wheel" is a significant issue for most of them. The ...

You wouldn't, obviously. But if you're "already trading off a much higher sum", then you're not in FRMO's target market in the first place, are you? Their service is designed for people with trading skills and without their own capital. Clearly ...

Absolutely right. In reality, of course, one thing is certain: if you can't trade a small account safely and profitably, then you can't trade a big account safely and profitably.

"Volume bars" and "forex trading" are mutually exclusive, for exactly the reason Karl rightly explains above. You'll need to trade currency futures, to do that. Bar structure based systems (i.e. price action systems) like this do sometimes perform ...

Lol, agreed - this one's a bit too good to get much attention, here.

I've always assumed that if 8% get through, about 4% get as far as refund eligibility. But that figure is probably also on the high side, because some who are eligible for it don't take it but take another Challenge instead, and some of those must ...

This isn't quite right. They don't actually place YOUR orders into the market - they offset THEIR OWN net liabilities in the market. They are still counterparties, but it therefore makes no net difference to them which clients win and which lose. ...

I don't think it will work like that at all. The first month is by far the hardest. I think there won't be too much attrition, after that (though some, obviously). In that sense, FTMO have worked it out well, to retain a high proportion of those who ...