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I demand a miracle! Show me and I'll be your apostle! :P

Theory is good for explaining majority of the outcomes in a population, but it does not mean that there is perfect cause and effect relationship. There is also (and always) a chance where the researcher fail to reject the hypothesis when it is indeed false (Type II Error). As well, if you...

First of all, efficient market is a theory and is not a fact. Secondly, in reality, there is no single right price for an asset at a particular point in time due to different discount rates used by investors. To an ordinary investor, a stock might worth $10, but to a corporation (with the...

"You can thank your parents and friends for TRADING failure" I know they could be very negative, but are they really the ones to blame for our failure?

It depends a lot on how the price moved on that particular day and the pattern it just formed after your entry..

This is the most amazing thing I have ever seen! I predict that it will go sideway to infinity.

Thanks for bumping up the thread. This is gold.

Get a job?

http://youtube.com/watch?v=8RorxM0AQYw JUST A LITTLE MORE TIME IS ALL WE'RE ASKING FOR CAUSE JUST A LITTLE MORE TIME COULD OPEN CLOSING DOORS JUST A LITTLE UNCERTAINTY CAN BRING YOU DOWN AND NOBODY WANTS TO KNOW YOU NOW AND NOBODY WANTS TO SHOW YOU HOW SO IF YOU'RE LOST AND ON YOUR OWN...

http://www.youtube.com/watch?v=Jfr66UnTzfE For some reason, this video reminds me of those guys who play music in the subway. This is kind of depressing. :(

I have to admit that I am a loser. That is something I don't denied or pretend not to be. I know a lot of "losers" try to pretend that they are the top 5% winners as well. The bottom line is, I don't care if the OP is the top 5% or the other 95%. To me, trading success is not something...

I don't usually post on here, but this got to be the most worthless and self-serving thread I have ever seen on ET.

Thanks for the reply, but I still think the coin flipping method may not work. In the case of testing on MSFT, the test itself may be survivor biased. Also, it would be interesting to see how it compare to buy and hold. Also, what risk/reward do you use in your system and where do you...

My experience with coin flip hasn't been so great and I also come to a conclusion that the market is not random. However, I still would like to know if anybody is using this strategy and that if they are profitable from using it. Pension_Admin

Without FA and TA, one will have time and price. There will be trend, but no trendlines, there will be stops and take-profit, but no support and no resistance. One will trade counter intuitively, but use good money management strategy to trade the market.

Thanks for the valuable responses guys. I have learned a lot during my past years from various sources. When I trade, I toss out all fundamental analysis as well as some technical analysis. I am trying to keep everything simple....so simple that I don't use moving average or RSI anymore...

I heard that a lot of people suggested that in order to trade successfully, one must filter and forget some of the stuffs they know about trading. So, to what extend should one forget?

You mean what Gnome is currently doing? :)

I guess, to me, no one really need to know. The glory is all from knowing that I could do what most other couldn't do, and that I have reached my highest potential. That is all. However, if I decided that I want to make myself known, I could start a hedge fund/trading operation pretty...

I would definitely, absolutely and without a doubt trade my own account. I am sure the money would be nice from selling it to the IB, but I am not in it for the money. I am in it to prove to the world what I am capable of and what I could achieve. Selling my system to someone would just...