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The 2% is the amount to risk, not the amount to invest. Obviously one does not open a store every day so there the utility function is different and the decision is based on other factors, like location, rent, etc. But in mid freq trading the 2% rule is reasonable because losses can accumulate...

Math is the only way to go and that guy is doing it the right way.

HFT which dominates the market knows nothing about chart patterns.

+ 1 But if dollar rallies gold will find a bad place.

Adobe reader updates, printer updates, etc. Delete processes.

MAR is what the industry cares about.

I think you are giving too much credit to TA. Most TA is ignorant of time-series analysis. An average is not time-series analysis. You must go up to Fourier analysis and beyond for that. I think for longer term trading analyzing series with the close is enough. But in principle you are correct...

You will only know after the fact but in general higher win rate if R:R is 1 the better it is.

How is folio different from portfolio? I want to start here.

No trader who understands the meaning of edge will recommend anything to other traders that provide an edge but only general information. General information is free in the web.

Regressions on what? linear models? Why so many?

You may be right but then I saw he is selling a trend-following system that allegedly adapts to market conditions.

+ 1 . It is already free with all the course videos in the web.

Concentrated wealth for party use.

OK, if momentum traders make money it means stat arb traders lose. Someone has got to lose. But they do not admit it. Momentum is the name of the game now. Use the sense you got.

Just keep on buying until you sell...

Very good statement. This is an excellent read. Here is another article from the same author. The point is that the survivors of the mean reversion game attribute their success to skill when in fact they were trading randomly. If you take the whole group there is no evidence of skill.

Monthly chart = less data = less significance but less noise intraday chart = more data = more noise = less significance but more adrenaline

Stat arb is dying. Just look at the charts. Low volatility, high momentum.

If you are sure about the higher time frame then you should put the order at the open of that time frame and exit at the close and save yourself a lot of trouble.