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    Bollinger BS

    I'm prolly not telling anyone anything new but its worth bearing in mind that BollingerBands are entirely based on historical events (like any indicator). So even though 95% of prices were within the bands its not to say that prices are conforming to the bands but rather the bands are conforming...
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    add to a losing positon

    The problem with adding to losers is that it dilutes the effect of the winners. I have two tradeable moves today, the first a big winner the second a loser. But if I add to the second one I get a third winner. Trouble is in order to do this I without added risk I have to cut my trade size in...
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    Is trading Gambling or not .."What say You" Vote here.

    Currently the poll says 64% think NotGambling. You know if I was a gambling man I would've bet NotGambling :D But seriously it depends on your definition of gambling doesnt it? Im guessing for many traders gambling is defined by certain habits we try to avoid, might be averaging down or...
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    Why so hard on indicators?

    A pressure guage (and past experience) will tell you whether to pump your tyres. But it wont tell you the weather. Every indicator tells us something, the real trick is deciding what we need to know in order for a given entry/exit strategy to be profitable.
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    Obtaining Trading Capital

    Forgive me for asking (I'm not very up to date with tradeStation), how can you be sure how your system trades if tradestation doesn't do portfolio testing? Do you have a way around this. The system I test on allows portfolio testing and I have learnt some useful insights from it. Your chart...
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    Obtaining Trading Capital

    funky many of the the things you are saying about trading multiple markets are exactly what I've been saying to everyone I know. My systems scan the entire market (over 5000 stocks) and return trades on around 10-100 per day. The beauty is the systems can be traded successfully on a small or...
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    The Flaw in Trading System Reasoning...?

    It doesn't matter that two systems might 'track together for some time, if they're different then they will eventually show different trades and need to be considered as different. As long as we are prepared to consider the example of real big numbers as finite, then we need to consider the...
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    The Flaw in Trading System Reasoning...?

    You know the saying 'more than one way to skin a cat'? Well for every different 'way' thats found you add one. You dont add zerro on the basis that the result is the same. Skinning a cat is a good example of trading in that its a verry simple rssult we want, make money, buy low sell high. But...
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    The Flaw in Trading System Reasoning...?

    If a tree falls in a forest and no one is around to hear it, and if it causes a butterfly to flap its wings, will there be a tornado in Brazil? Or what if a tree falls in a forest and there is a machine recording air vibration but no-one ever see the results? Seriously I never understood...
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    Gambling?

    My guess, if you took all speculators out of the market you would still see a panic run up. Don't forget when speculators themselves see the price as over inflated they'll go short, you gotta expect volatility right now speculators or not.
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    Gambling?

    Again its not my area but wasn't Japan recently a low interest country to the point of no interest? I believe they got themselves in a pickle because of it.
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    Gambling?

    Free markets are the best way to arrive at prices which actually ballance supply and demand. Systems which allow monopolies to set the agenda on price or distribution are mostly destabilising for the economy.
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    Gambling?

    "what problems are you referring to here, Toe ?" Well just refering to events like price fixing among companies. In Australia for example it is widely believed that 'competing' petrol companies talk to each other about setting prices. Also regarding governments setting prices, remember how...
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    Gambling?

    "is it better for different countries to have different currencies rather than one common world currency??" It's not my area, but my question to you is what would a world currency hope to provide? If we had a world currency it would not stop a packet of breackfast cereal being several times...
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    Gambling?

    "Gambling as I would lossley define it would mean the making of profit without providing a service needed by people" Trading in currency markets provides the critical service creating liquidity, and efficiency of pricing. The primary reason for the existence of forex markets is to facilitate...
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    Looking for delisted stock list

    Some time ago I came upon this issue, there was quite a bit of discussion on it at wealth-lab.com. Back then we found that WallStreetCity would allow you to download some delisted stock data in their free historical download. They had to be delisted recently and still trading on OTCBBs. Here are...
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