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you read my mind, in coin toss enviroment it is not possible and not that I know of. But in trading environment there is a MATHS edge, I am not talking about TRADER edge (backtest, forward test, MA stochastic etc etc) Assuming market at Random, can you improve your MATHS edge? that is...

haha not a hard time trading. I have a couple of system running on that is my traders edge that I have. Now that I discover how I can improve the maths edge, I am trading live over the next 2 weeks to see if the maths edge has a advantage for me.

Trading scenario Trader A did a backtest with his most favorite system with a 70% winning rate using MA, Stochastic, MACD what have you. His system show a LONG signal with a profit of 1 point and stop loss 1 point away. Trader B using a counter trend has the exact same entry price but it...

How about this scenario A coin toss game turn up Head Head Head 3 times in a row Coin Player A Believe that tail is due and believe that tail has a higher chance of coming up next Coin Player B Did a backtest of the last 1000 toss and found that after 3 head in a row the next throw is...

well said you read my mind, finally someone understand what I am trying to said

very well said, I am assuming market is random, to argue if market is random or not will be off topic here. Just want to hear from others do you agree that there is no other way to increase the edge other than predicting the market. the problem Profit > Stop loss I have cover that a few...

Someone posted this ***************************** How to win with 30% accuracy: Expectation = (Win% x WinSize) - (Lose% - LoseSize) E = (30% x $1000) - (70% x $300) E = (0.3 x $1000) - (0.7 x $300) E = $90 ***************************** From Maths view the above is not VALID...

good post Nick, thanks

it is getting off topic, ok perhaps a simpler version first Toss a coin and it will land either head or tail 50% of the time assuming both side is equal. How do we let it turn head up > 50%?? 10 head in a row will not make the next toss turn tail up 51%. Agree on this??

nah that is not my point. Whether uptrend or downtrend or sideways. The % do not change. See it from a mathetician point of view. You enter a trade with a profit target of 1 points and stop loss 1 points (not counting commission to simplified this illustration), your chances of hitting either...

The below topic is for your thinking only. Regardless of whatever trading system or method you are using. Do you have a Edge over the markets? A coin toss will have a 50% chances of it landing head and 50% chance of it landing tail if we assume both sides is equal. Think about the...

backtesting is accurate to a certain extend if you did not over optimise it. I can easily sell you a system that work well in a backtest enviroment. In the system there can be 10 - 20 parameters to set. I can easily come up with this system in less than a days. Pay me $500 and tell me what...

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=4210610793&category=378&sspagename=STRK%3AMESSE%3AIT&rd=1 I just saw this on ebay, it is the course that I purchase 2 year ago except mine is on VHS while now they have it on CD. It is a good course in my opinion. His money management...

hi I wouldn't mind paying $600 for it. But how do we complete a transaction for this kind of deal? The buyer is usually more concern what happen if after I send the money and you didn't shipped me the products? Fellow forumers, any advice on how can we have a smooth transaction. I mean...

hi shipping is kind of expensive but is this course good? Have you try it? Appreciate if you could post some comments on the usefulness of the course.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=47103&item=4166443378&rd=1&ssPageName=WDVW is this course really good? Now going for only $105 I wouldn't mind paying for $200 for it. Any comments anyone. Hope to hear from someone that has this course give some comments within the...

good one I used to do that. If I had a $10000 account and my stop is $500. The moment I am in position and place my stop loss. I look at my current statement $10000 - $500 = $9500. I will tell myself my account TODAY is $9500 and if it is anything more than that it is a BONUS to me. I used to...

I use to have that problem occassionally I still have this problem but not much lately at least for this year I have manage to pull all the trigger. The first thing I tell myself when I have a setup is "this is going to be a losing trade I am going to get stop out on this" I EXPECT to lose on...

if we don't trade, there will be many brokers that will go jobless :). Day traders create job for brokers. In a way whenever I call my broker and ask for any information they treat me with respect cos they know I am their big clients and without me they most likely will go jobless. When I was...