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Done for today, here is the chart explaining today's best trade: http://www.cornixforex.com/2011/02/forex-scalp-trade-example-february-28.html

Short stopped out b/e.

Shorted 1.3827.

Went L @ 1.3785 and quickly picked +9 pips.

If speak seriously, I do show examples of my trades every day, but you do not believe that it's possible, so I don't think you'll bother to get interested. :p

Exactly, me neither. With the exceptions of good poker players or card counters, which do have an edge. Now, how do you think, if market is random and you enter randomly, applying a strategy, typical for addicts (not pro card players) to a market with negative expectancy against you (random -...

Bailed it for +6 pips.

Short EURUSD @ 1.3782.

If they are probably not entirely random, why don't you put your efforts into researching markets, finding those cases of them not being random and building a trading system around it, rather than trying a strategy, which is typical for casino addicts? Have you ever met a casino addict, who...

But do you consider market in general to be random, or to have certain occurences, when it is not random? What do you mean by "profitable indicator"? How do you check their profitability? How do you know if tool works or not if you don't know how to use it? If you give the electric saw...

If you say, market is random for the most part, that means it is NOT random at certain times, right? Are you sure they don't "work" for everyone or just you? No riddles, simple question: do you really think carpenter is able to do his job without learning and practice? Wrong. I've...

NoDoji already cited the excellent quote by Mark Douglas: "You don't need to know what is going to happen next in order to make money." Successful trading comes down to having a certain edge, which can be very small, but still make you decent money over a series of many trades. Edge is...

I don't get the point of the topic regarding existence or non-existence of the edge. Gaining edge is not that difficult at all, there are many of them, even available for free as complete trading strategies, and most can be studied quite simply. The fact that most lose money in trading is...

I couldn't post in the journal today, because had some weird Internet problems (ET and some other sites did not load for me). Results for today and this week can be seen here: http://www.cornixforex.com/2011/02/feb-21-25-weekly-forex-scalping-results.html

Well, then you are limited to relatively rare opportunities, such as December 2008-March 2009, when market was so much down and some stocks were dirt cheap as well as oil and many other commodities. Otherwise, in market conditions like last 6 months, it would require you to start from very...

Why martingale if you have the method, which gives you an edge? And if you don't, you are doomed, question of time.

Done for the day, here is an example of today's best trade: http://www.cornixforex.com/2011/02/forex-trade-example.html

Short got stopped out for -2 pips.

Shorted Euro at 1.3794.

Took +10 pips profit on that long.