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0.7% per position

Good luck with the book!

:) :) :) :) :) :)

Interesting idea.

Trading is not rigorous science and people can claim their own definitions and standards as long as they define them properly and are consistent with their use. I like the definition Michael Harris has offered for price action trading: "Price action trading is a methodology that bases trading...

If you purchased a copy of this book you should return it and ask for a refund. The authors don't know what they are talking about. They are totally confused in this subject. Their formula is totally wrong. I wonder how many traders they have misguided. The correct formula gives 68.15% for...

Where did you get that? Do you have a reference. It is certainly wrong. Optimal and secure f are based on max loss and max drawdown resp. and are complicated to calculate. What you wrote looks similar to %Kelly but the formula is wrong. Aha, I just figured out your error. You basically...

How to you expect young people to find jobs when old farts control society. Just look at the average age of politicians.

If you don't see the difference it is only because you have no real backtesting experience as many other noobs here with thousands of posts in chit-chat.

I think you are a gambler.

Very vague term indeed. You can have an edge and still get wiped out. A proper trading edge must include a profitable trading method plus risk and money management. It is also depended on skill and psychology. Too complex to define IMO. Below is a link to one of the best references on the...

You need to do something otherwise with current inflation rate your money will worth almost nothing in 10 years and you will be flat broke, old and unable to start anything new. Unless you have something like 10M in the bank. Remember 72/i with a real inflation rate of 10%, your money...

Thanks Alex, I will have to look for the paper about ratio adjusted data. Yep, Price Action Lab produces some interesting signals. One of them was for the open of last Friday in SPY. The PAL people had listed that in their blog.

+1 Only gamblers think otherwise. Trading is not gambling in principle although some ex-poker players can turn it into one. Oh man, they make such ridiculus statements, like that in both poker and trading position size is important, just forgetting that in poker as soon as you size your...

You did not provide enough information to back your conclusions. Did you say the model trades at each close? Why do you do that? What is the exit? What do you trade specifically? Your post is way too vague.

I use continuous series, backwards adjusted on the day of volume switch. I have found out these work best.

I have the same problem. How do you turn off direct2 rendering? I marked the option so that pages can choose their own font but still no improvement.

Anything that allows forex positions in different currencies?

Little scientific innovation and no great progress for society has come from Asia. No medical breakthrough has ever been made in Asia. No technological breakthrough. India has 600,000 Gods, China executes people daily and Japan only showed signs of civilization because of technology transfer...

They are protecting your account from getting frozen.