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Understand how energy moves, then you can trade the universe. - Anon

Thanks all for your suggestions, I'll have a look.

Sergio77 I'll ask you again, what do you mean? These kind of comments are not helpful for beginners. I would have thought that these forums exist to help everyone, from beginners to seasoned traders. It's not a place for rampant and misguided egos to spout off.

I see you are touching on my sports analogy that I made earlier. Your best work comes through inspiration. Take from that what you will.

Then show them the way if you know, or would that rob you of your abundance. Violence doesn't solve anything, it only destroys. Are you a destroyer? Is this how you would treat your child?

The odds sound a little like professional sportspeople. Think about it. Where there's a will there's a way. When a beginner's looking for guidance, quoting this kind of information is of little help. Don't let your intellect rule you, it's like going around a golf course with only a putter...

What do you mean?

Wax on, wax off, Daniel-san.

Learn how, then how much.

Thanks, I'll have a look. In my earlier version of Metastock I was able to copy/paste the historical price data in Metastock to a spreadsheet. Is this possible with these packages you mention. I always prefer to double-check my trading approach using a simple spreadsheet approach where I can...

And a good two cents it is too. I can see that at least one of us is switched on. The DMI is once removed from price and can be used independently of the ADX as an indicator, with less lag. I think the DMI, or a variation of it, is used by the inde benchmark as a starting point. In other...

When you backtest forex using price indicators, and I mean properly backtest where you can see all the code and intra-period movement, these markets perform poorly compared to other markets. This is why new traders need to be very wary, as price indicators are usually the first trading methods...

If using indicators, for signals and/or backtesting, make sure the chosen one takes account of the full range of price movement for each period and not just the close/current price. The most well known indicator that does this is Wilder's Directional Movement System. The problem with the ADX...

Guys It's been a while since I've been trading, but my intuition's tingling and feel it's a good time to get back into the fray. I used to use Metastock but wondering if any other programmable systems have come more into favour, or if Metastock's still a decent mainstay. Also need a good...

By managing emotions do you mean suppressing them, or understanding why they arise in the first place?

A trading strategy which involves emotions, yes. A trading strategy which does not involve emotions, no. It depends on how human you are. If your trading strategy means you have to think, or more specifically, decide, then it will generate emotions. If other emotional factors are going on in...

Find a strategy that can at least outperform the inde benchmark in the first instance. Steady your ship, then plot a new course from there.

And that is why an EGO is one cycle of 360 degrees (E=3, G=6, O=0). We start out with knowledge, and end with knowing, ready to begin another revolution of learning. I think that's in Kung Fu Panda somewhere? Something like that anyway.

Not sure if you're familiar with Hurst's cyclic analysis but when you take the mathematics to the extreme you realise that there wavelengths at work which are beyond our present detection, simply because insufficient time has passed for enough data to have formed to calculate the sums, or...

Why don't you set stops to anticipate probable movements? This means you don't have to keeping watching over things too often (very tiring!)