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If you mean to say you can't profit from random data and from black swans you didn't understand Fooled by Randomness.

With fading you mean buying on a pullback or selling into a rally? I think the problem with that is: In a huge move you often won't get in because there is no pullback or rally. On the other hand when the trend breaks you get in for sure only it is at the wrong side.

I think it means: be short when it goes down and be long when it goes up. Don't be short before it goes down and don't be long before it goes up. A lot of traders think they need to predict in order to make money.

Most of the time internet is O.K. for me. Sometimes there are some problems or its gets slow. I have two connections at home + an aircard. So I always manage to put my orders in.

I live in Chiangmai in the North and am quite often in Ko Samui in the South as well.

I would say cocky-ness, arrogance, a strong convincing personality might help you in business in general. But also here, as so often, what is useful in normal life, doesn't help you a bit in trading. Markets are never impressed by cocky-ness, loud personalities. They sweep you away just as...

Ah, your explanation of what a remote trader is made me vote also now. Though I imagined that it meant trading from home with your own money I was not 100% sure.

Totally agree! I only look at weekly charts in forex and in the last five years I made tons of money trendtrading the longer term trends

If he still has to sell a lot of property, amongst others his New Mexican property, how can he be sure he is still worth 4 million. In such a situation his net equity could as easily be 4 million negative as that same amount positive.

Maybe this helps: When you sell an option as an opening position and your counterparty does a close buy on his short position, his short position becomes your short position. With open interest nothing changes in this case. But when you sell an option as an opening position and your...

When you sell an option, what does it matter to you wether you increase open interest or not? So I really don't understand your question.

I'm a Dutch citizen and I pay absolutely zero in taxes on the money I make by trading. The rule here is that everybody has to pay 30% on a "fictve" income of 4% on his capital. That makes 1.2% on your capital. What you really make doesn't matter. That for me, in my circomstances, is the only...

Another interesting book written by Curtis M. Faith (one of the turtles) is: WAY of the TURTLE. In my opinion it offers more practical insights about trendtrading. The Complete Turtletrader is a fascinating story though.

In this I agree with Ed Seykota: The caracteristics of a succesful and experienced trader are: 1. A lot of money. 2. Experience.

I don't follow you. Trading forex successfully has nothing to do with size. For futures it does have though. But it has everything to do with moneymanagement and the timeframes you trade. I am not trying to trick anybody.

Maybe that's true when you trade very short term. Logically they will hedge their positions on Forex. The money I made over the years will certainly not be lost by Oanda.

Oanda is not a broker but a marketmaker that's true. Nevertheless for the way I trade it doesn't matter. Probably don't try to scalp there (maybe nowhere). Trading at Oanda allready made me hundreds of thousands in a couple of years. Most customers at real brokers fail also.

Same for me. 08 best year since I started trading in 1986 Last year I was up 237% with my whole capital.

But not to the extend that they would have have their daughters married to them.

What is r/r ratio and what do you mean with "5 full trades max (not counting scaling)"