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ouch. the guy put an end to his life after going bust for the third time. better keep livermoore model at certain distance for your well being.:)

fear of losing is the single most important draining aspect of the trader P&L. the real question you should ask yourself is: do i feel confortable doing the reverse trade? if the answer is no, you're probably making emotional deciosions based on greed and fear. if the answer is yes, then go...

you're right. i was referring to a simple fair game ie coin toss. in the market an edge that could be achieved and sustained would translate into positive expectancy. A TS could be part of it or not, it is up to you. in my experience the TS is not a good method because the market is most...

let the winners run. cut your losers short. stop trying to smart out the market, the market couldn't care less about your winning position. just a couple of home runs pay for hundreds of losing trades, if you take out those home runs from your trading records, then you end up most likely...

coming from voodoo king thats not much of a surprising revelation.

ahahah. a TS is just another trade put on. like when it reaches 9 and new SL is set at 8. so it is like adding a new bet. the probs are compounded such as: trade reaches 10 with 10% prob. then it has 50% chances of hitting 11 and 50% chances of hitting 9 (a compounded prob of .1*.5=5%). so...

sure. if you put on a PT of 10 and SL 1, you have 90% chances of being stopped and around 10% chances of hitting PT (assuming no edge of course). expectancy couldn't care less about the the setup we put on. as we tweak the PT and SL, the prob of success varies accordingly so one ends up...

you can have extensive periods of positive expectancy followed by negative expectancy, etc, etc. Like I said, the more you play it, the more you get to zero expected value in a fair game. it doesnt matter much the PT and SL you put on since the prob of success varies accordingly. In the end...

no, you can have a positive expectancy in a fair game eg coin toss game, provided that the number of tosses is finite. in such a game all you need to end up with positive expectancy is LUCK. But when looked on a perpetual basis any fair game expected result is zero becuase LUCK doesn't affect...

the Kyoto Protocol is an amendment to the international treaty on climate change, assigning mandatory targets for the reduction of greenhouse gas emissions to signatory nations. almost all developed countries signed it because they agreed that climate is changing due to gas emissions. it was...

well it looks like thousands of scientists know better than that. it is an undeniable fact that the recent exponential growth in emissions pumped into the atmosphere by, amosgst other, millions of petrol based engines, industrial air pollution and massive electrical production based on non...

who cares about global warming? as long as we have fancy 5L engine SUV's and lots air conditioning in our offices/homes, it is OK if the world falls apart in a couple of years. Notice that all of sudden GW has became a top priority in the political agenda...sure it can yield good votes so lets...

Are you guys (and anyone else who answers this) mostly writing your own code from scratch (or from open source) or using popular applications like amibroker, tradestation, strategy runner, or neoticker to develop in? More effective to build on top of an existent platform. trading algorithms...

How long did it take before you had coded an automatic trading system (bot) which earned consistent income? (Not when it was perfected.) three months is my usual development cycle for any of my hi freq bots. that includes planning, programming and testing the concept against millions of...

fx does the performance figures in your site include the fx spread incurred? this is important because they charge as much as 2 pip in eurusd and on top of it there's one pip uplift. so looking at the signal providers history, the best performers come up with hundreds of trades that are...

he is just trying to buy some time until the end of his term. the instable situation at iraq is good excuse to launch further preventive strikes abroad, ie bomb iran or korea and in the end he can dump the shit over the next president whoever he is. quite incompetent and naive though. he will...

whitster the fact is i am not a scalper and honestly i dont recommend anyone becoming one. thats why i recommended 20 points target instead of a couple of ticks. scalping is by definition an extremely negative expectancy activity because of the huge burden of comms and slippage which are...

and commision is around $5 per roundtrip. So you have to give in 1 point just to pay for the trade. We should come clean, this has to be targeted for at least 20 points target and SL otherwise is just a way of financing the broker and exchange at the trader expense.

yeahh thats the way to go bust in a couple of roundtrips.

is this how it looks? ------------------------ Steve you may grant the back dated stock options you want if you still come up with this stuff. signed, the appl board of directors