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Van and Ken talks about a SQN number: System Quality Number: (Expectancy/Standard Deviation R) X square root number of trades. If you can agree with that ranking for how good a system is, you can go to the next step and determine how much it is worth. IMO: No automated system is worth...

Is that thread not long enough?:p

This is a very nice visualization of having no clue how traders become traders in the real world... Give me a person that ask how, and I will show you failure after failure... give me a person that ask why, and I will show you a succes in life. That is the only difference OP must understand to...

It is not what you do not know, that will hurt you. It's what you do know and isn't so, that will hurt you. I would educate myself real good about trading in real life before 'believing' any computer model developed by a non trader person...

I think that the point is, that you have a return of 200% and that your stoploss did what it has to do: prevent you from a major loss in the case you or your trading system went wrong. Yes, you can search for the reason why your stop was hit at that moment, but if you did your research and...

Did you also look at astronomy events?

I have found out the following when applying for (big) loans while being a trader: Deposit every week or month the same amount in one of your bank accounts for a year or two, three. When you apply for a loan, you are selfemployed, and if they ask you what you do, you say that you sell and...

trader198: are you 'projecting'? :D

When I started to trade, I learned a very good lesson about consistency that is still helpfull today for me: I had to change my believe from good or bad, related to the outcome in money, too following the rules of my system. I had to reward myself for following the system no matter what the...

Trading is a business and requires a lot of skills that are very, very real... Maybe not the skills you need when you work in a 9-5 job, hence, the reason why many can not make it in the real world of trading.

Do you have a clear and writen trading plan? Setup, trigger and exits? If you do have such a plan, did you confirm for yourself that it works in realtime? If you confirm that you tradingplan works, did you make a profile of your believes about the market and do you know yourself enough to...

I use them for two things: 1) When the shorter average is above the longer one we are in a buying mode and I look for pullbacks to buy. And vice versa for shorts. 2) I use them as a kind of support tool for price. When I see a pullback, I would like to see the pullback to come close to the...

You are over thinking it... Just use two averages to determine to buy a pullback or not...

You asked ;-)... - Shallow people although they are friendly. - opponent mentallity to the extreme. - wich hunts that are even endorsed by government. - I will sue you, is the most common solution by an indifference between two people. - Schools are setting standards to let people pas a...

It's not my intention to go off topic with your thread, so I apologize for my answer in advance : First a disclosure: I have an Amway business since 1997 and that is the reason I must answer to let people know that they are not 'suckers' when they start their own Amway business. You have a...

Second sure thing is that you are not so 'smart' if you think the mlm industry is the same thing as a ponzi or pyramid scheme... Educate yourself...

NOOOOOOooooooo, do not encourage him to post his most and only line he has through the years here on ET.

"Socialists cry “Power to the people”, and raise the clenched fist as they say it. We all know what they really mean—power over people, power to the State." "The problem with socialisme is that eventually they will run out of other people money" Margaret Thatcher

Don't forget problems you are not thinking about now: I was in the same position as you 12 years ago... a friend of mine could raise some money from his relationships he had with other people who had money. Long story short: Because I 'knew' we were going to have a crash in the stock...

I have two questions: One: Over 30 years from now, can you pm to let me know how you did? Two: Do you hope for a hyperinflation economy? I mean, if the US dollar for example follow the Zimbabwe historie, then you can find a dollar bill with your goal on it in the near by future... Or...