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***** Okay since ElectricSavant attacked me for "not sharing", i have no choice but to share so that people searching for my post history will see 862 rubbish posts and 1 debatable semi-good post. :D ***** ----------------- Some things i noticed about trading... (which is "been there...

I think what seperate an addicted gambler with the common man is that the gambler can't quit even when he is losing badly.

Bottom line : anyone peddling "newbie to consistantly profitable" systems are CROOKS. Trading is about trading for profits. Not peddling false promises. :eek:

I understand that my posts may appear to be attacks of sort but rest assure i'm not trying to bring you down or anything. Just saying that hammers didn't work for me back then and it might not work for some newbies. Thanks for trying to help. I'll be sure to post questions with specifics...

Maybe IB should just put a out a very big announcement strongly advising everyone to upgrade to avoid that ISP problem instead of blatantly forcing it upon everyone. Forcing customers to do stuff has never been a good business decision, especially when the new stuff is bug/trouble ridden. Its...

Relax. Basically what we did was scour our charts for hammers and check what the price did after. It was noted that after a hammer candlestick, the price has around a 50% chance of going up by x ticks or down by x ticks. I could be wrong though.

Why the sudden attack? :confused: ET is about helping and sharing right? I'm merely doing my part by saving the hard earned dollars of newbies. Yes I would LOVE to go around encouraging everyone how they're gonna "make it big" by using a "power setup" or studying the "ancient secrets of...

oh great and we fell out because you insisted on sharing our work here. now even u don't want to share your own work. :eek: best of luck anyhow. i'm through with carry trades as of the moment. :D

i examined "hammers" with some other guy back when the original thread about them started. it ended with the conclusion : hammers have no edge. i noticed that different charting software or data sources display data differently so some might show hammers where others don't. also, each time...

some do but we have no proof and we'll never find out unless we're an employee or owner of a FX dealer. if you want a square deal, go FX Futures.

correct.

with all offence intended, i have never heard that sentence spoken from a non-crook. consistent profitability and finanical freedom for yours only for $x, our operators are standing by. now WHAT IS WRONG WITH THIS STATEMENT??? :eek:

because it doesn't. a simple backtest will show that.

bid 1230.01 then. :confused: hmmm is it possible to arb the SP and the ES as a retail? muhahahaha.

He is 100% right. You don't need price to trade. Only money. :D I'm a chinese and I can tell you that fengshui is hogwash lol. fengshui is chinese for "wind water". its just some lame con man trick to get idiots to pay up for shifting some furniture lol. think about it, china had fengshui...

probably none.

best of luck dude. remember to set a total cut off point where you stop trading and paper trade or take a holiday for at least 1 mth to find out where you went wrong. this is so you do not give back your $20k of profits. if all goes well, you will not reach this point. but black swans...

Oh yes it does. Start - $58,000 Year 1 - $130,500 Year 2 - $293,625 Year 3 - $660,656 Year 4 - $1.486 mil From $58k to multi-million in 4-5 years. I think there are about 500 people in the world that can do that trading...or less. With that kind of track record he is on par with...

oops my bad. it should be: "your capital is 225% of the initial".

7% return a month makes you one of the top wall street pros. Two statisical tally has been made and both agree that around 83% to 95% of traders lose money. So if you make money, you're top 10% to start with. 7% returns a month is 225% for 12 months or 1 year compounded. Lets assume u...