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exactly my dear watson..... and i stand beside my very early post that the 95% is not a realistic number, or at least not consistent.... It may be true for 1 year beginners who throw everything at the market... but it's definitely not true with people that stick wit the market long...

yeah, in fact i have one ball telling me when to sell and one when to cover (reverse for longs). I have applied a moving average on my left ball as i think it's trying to whipsaw me... that rascal... of course i don't have a "ball" setup. Of course i use cyphers, but i am not a math...

Freaking math geniuses. This is fun! YOU NEED BALLS, MAN! Math geniuses don't have balls. Trading is HUMAN. It's not a math game. It's not about sitting there and being the genius in order to find that perfect system.... It's about doing what you like, being relaxed, not thinking...

The answer for this lies neither in entry, nor in exit. :) It lies between them, during the trade, it's what is called trade management, and it could be represented by something as simple as the trailing stop to breakeven or you can go as far as scaling in, out, arithmetically...

For instance, in my swing trading i like to use an EMA Channel, and for instance if i go long, i usually place the stop halfway between the lowest point of the pullback and the lower channel line, and i target the upper channel line. Now, the lower the retracement goes without invalidating...

I think you should have a fixed rule for placing the stop, like a volatility based rule , but the need for standardization is clear... In other words, the only thing you should be able to control is size. And having that, there is a simple calculation based on risk in points and risk of...

Oh... and you don't even need a mentor. The market is the true mentor. Just open your eyes and let go of preconceptions. Be ready to be a contrarian to yourself. Be patient and always correct if there is a mistake. ALWAYS work with a plan and for a pre-established period of time. Draw...

It's quite logical if you think about it. Seasoned traders and market wizards don't have a 95% chance of losing. That's because they have been through the learning curve. But this is the difference between traders. Some go through the learning curve, some dodge it, some never make it...

this is turning into some market efficiency theory thingy that y'all don't wanna mess with. peace

Honestly i believe there are steps in trading. I have been through 4 out of 5 of them. The 95% ratio applies to the first 2 phases that most of the ones that make an attempt at trading go through. Phase 1: You don't know anything and you are generally losing Phase 2: You start...

maaan. the MACD video is the worst thing i have ever seen about the MACD! All noobs... DO NOT WATCH! Get Appel's Book if you need to know more about the tool.

oh man! stop running = stop hunting as in "run stops" or "hunt for stops" geez

my dear paperboy, let go of this stop thing. it's not leading anywhere. when you come up with a sound strategy based on stop running let us know and you'll have our ever grateful respect :) unless you are a market maker or a pit trader, i doubt you will come up with one that WORKS in real...

forex162: If your broker takes the other side of your trade.... well ... .it's simple! :) He will lose ! That is if you know when and what to do! Nobody can predict the market. And they can't do tricks on you because they are regulated and usually have a high profile. Nobody is going to mess...

Look. I have never complained about quotes and fills on the forex market. Never. You know why? Because i don't trade the news! Simple as that. You can find tonnes of sites with 90% of the brokers rated as SCAMs by people who want to trade the news (how's that for a market inefficiency :))...

What's wrong with spot forex? Ol' strategies not workin, eh ? :) What does easy to trade mean!??! What is easier than trading spot forex in terms of execution and leverage and so on? Enlighten me on this!

exactly. the higher you go in timeframe the better the swing setups become. I am not complaining about my regular short term swingers, but the problem with them is that more often than not, they show lack of conviction and i always have to quit a position because of see-sawing action making...

But still, strategies work. And what's the strangest thing is that (well, it not strange, it's rather annoying) when volatility is low, strategies tend to work in higher timeframes than usual. For instance, i use the 10 min to get in/out while looking at the conditions on the 60 min...

leverage to the retail sector or the institutions? if this is the case, there could not be a fair way out of this, would it? Unless, focus was switched heaviliy to currencies... say like in the event of a major stockmarket crash.... or?

I wonder if there's anyone that can point out why we have the lowest volatility intraday in about 5 years on all the major pairs? Thank you