VEE, I do appreciate your kind words. It appears we're reading from the same page. I mention the word 'variables' a lot, but the longer I'm in this game, the more I believe that this word needs to dominate our thinking. Again, with all of these ...

Higher Edge within a Single Candlestick

I've read this thread with great interest. But many times I think that even with our great minds and intellect, we are unable to capture the plethora of all the 'variables' that are factored into this market every minute of every day. In example, I ...

Higher Edge within a Single Candlestick

You don't really have a clue do you?

killer strategy

It will take most traders years upon years to discover that absolutely nothing placed on a trading chart will have any significance whatsoever on a moving price. It is the biggest fallacy ever perpetrated on the investing public.

There is no such thing as technical analysis

I repeat once more - There is nothing, absolutely nothing that can be placed on a chart, including indicators, trend lines, computer generated signals, or anything else that can have any effect or significance whatsoever on a moving price - period. ...

Which indicator has the highest probability to predict price

There is nothing, absolutely nothing you can place on a chart, including indicators, trend lines, computer generated signals, or anything else that can have any effect or significance whatsoever on a moving price. Period. I personally believe that ...

How much would you spend max for a great indicator?

'Trend Following' as a trading methodology will be one of the most difficult strategies mentally speaking, that you will probably ever encounter as a trader. However, I personally believe the time and effort to structure such a method is well worth ...

Non-Predictive Trading

It's obviously your money - you spend it any way you want to. But 'hidden divergence' is actually a fallacy. There are a lot of experienced traders on here that will tell you the same. You're trying to convert a 'variable' into a 'constant' and it ...

Hidden divergence

Bilstein - they just don't understand.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

You don't need me to tell you, but from a position of 12 years full-time trading and 30,000 hours of trading screen time - you're doing it right.

Trading Without a StopLoss

My personal opinion is that the market is random with structure - meaning that a small percentage of the time a majority of traders are all observing the same market structure to the extent of forming a probability of a particular outcome (a ...

Forex Dream Chasers - The 90% rule of randomness

Simply put, traders basically fall into a category of either "waiters" or "followers" in their trading methodology. If you're a 'waiter', you're choosing your entries and exits based on things you personally are 'waiting' on. These may be support & ...

Forex Dream Chasers - The 90% rule of randomness

Read Post 19 again and accept it for that's just the way it is. Someone mentioned support and resistance. Looking at this or any a number of (indicators) and my first question to you is "What time frame are you talking about?" As we all know - one ...

Do you think statistics work in trading?

Statisticians have gone back over 60 years examining distribution curves for all markets traded. The results - the markets are indeed random, at least to the extent of ever predicting the next candle. I personally like to say that the market ...

Do you think statistics work in trading?

It's All There — If I may remind us of something we've heard many times before - if I have a system that produces 100% positive results and I show it to you, piece by piece, you may take this same system and fail miserably with it. Why? ...

Extracted Thread (per thread starter's request)

Speaking of Driving — One of the most important lessons I've acquired after nine years of trading is the realization of "constants" and "variables" when trading. In continuing with the ongoing theme - occasionally when driving in town, you ...

Extracted Thread (per thread starter's request)

For The New Trader — Through my trading career, I have created formulas, invented algorithms, bent lines, designed the most sophisticated of indicators, developed EAs, utilized robots, and mixed a plethora of strategies and methodologies. ...

Trading Major Lines

Standardization — Mr. Nub is right on target. I found out years ago that the #1 factor that makes trading difficult is "time frames". Most traders look at their chosen time frame and make decisions based on what they see. As we all know, one ...

Thinking Outside the Box!?!

Waiting Versus Following — I am somewhat hesitant to break the continuity of someone else's thread with my out-of-the box mindset, however, I believe that every trader has to determine whether they trade "in waiting" or trade "in following" in ...

Building an equity millipede

DazzDude - 1-Hour Candle — I spoke with a very accomplished trader several years ago, who at that time, had completed 476 positive trades in a row. Searching for insight, he agreed to give me a million-dollar tip - DON'T EVER TRADE AGAINST THE ...

Building an equity millipede