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You have a system that is awesome, great stats, performs well in all kinds of markets and by the looks of it, will continue to do well. However, you have absolutely no economics/finance education and almost no means by which to raise money. You look shitty on paper and probably will have a...

Which I suppose makes TA even more important for trading them because you can be assured some big player always knows more than you do.

Wasn't George Soros investigated for insider trading? He trades currencies.

A major terrorist bombing in the U.S. would rally the dollar? How's that?

Right, and where would investigators even start to look? If it's the U.S. market they're investigating, they'll review the suspicious trades, trace them to whatever brokerage, then get the info of who did it. Where would they look in forex? There are people all over the world trading 24...

Thanks, but my question was purely hypothetical.

Asuming you have prior knowledge of a major event that will move currency, and you act on that, making a large profit, how would you be tracked down? Isn't the forex market decentralized? You can't even get the volume for any given day, much less who made the trade connected to a certain...

I would think the opposite-- when all you have in the market is sophistocated professionals, the markets become more efficient. When the dumb money enters, that's when the inefficincies pop up.

because nobody I meet or interact with in person gives a shit about the market.

The reason I posted the poll is because in my backtesting, I've found that my strategy has better results when I first take into account the indices direction. This leads me to think that the indices lead stocks, big cap stocks anyway.

Or do stocks lead the indices?

Isn't TA just visually represented quantative anlysis? I mean, you can be the guy who knows "the look" of a H&S pattern, or you can be the guy who quantifies the H&S pattern into a computer, backtests it and never knows what it looks like on a chart. Aren't they just different ways of...

HAHAHAHHAAAAAA

Simvesting's website looks shady. I couldn't find a simple way of using their services. It seems like if you're a business they'll work with you, but it doesn't seem meant for joe shcmoe to pratice trading.

You know, the guy on FOX's "Bulls and Bears," runs a hedge fund called Capitalist Pig Asset Management at capitalistpig.com Before capitalistpig.com took down their results, they were pretty impressive-- 100%+ returns a year. But like I said, the performance isn't on the site anymore. So...

If you presented a random weather report (clouds, humidity, wind, temp etc.) and a real weather report to a bunch of weathermen, and most couldn't tell the difference, would you then conclude that weathermen should stop trying to use meterological data to predict the weather? Asinine analogy...

On the daily chart, the SPX looks pretty bullish...forming a nice bull flag that rests on 08/2002's support. However, I don't get why you guys would turn to perma-bull mode in the short term until the SPX at least breaks out of its daily bull-flag.

and the Nasdaq

The S&P and the Nasdaq look purdy as hell to me!!!:D

So I was thinking... Certain industries are very dependent on the economy, i.e. they do well in very good economies (private jets), do badly in down economies (brokerages), or even do well in bad economies (bankruptcy lawyers). I've thought of a couple of industries that are mostly...