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Hence my surprise. But a redesigned indicator might bear little resemblance to its progenitor. It all comes down to the creativity of the trader.

Apparently so! Congratulations.

A holy grail based on CCI?? :eek: That must be one helluva redesign.

Is your trading system based on conventional technical indicators or something proprietary?

Please explain the difference between your Win/Lose and Profit/Loss ratios.

Actually, with 50:1 or greater leverage, you absolutely can get rich with forex trading. But anybody asking that question here almost certainly doesn't have what it takes (an edge, proper command of position sizing, a sense of when to press an advantage with leverage) to do so. The OP would do...

Geez, surf! You said people who believed PTJ still supported all of the listed rules were naive. That's an attack. So you have nothing to say other than proclaiming (without evidence) that Jones no longer supports all of the listed rules. Typical.

So where do we find a list of PTJ's current rules? C'mon, surf, be constructive here rather than always attacking.

So what you're saying is that exit strategy(s) matter. Duh! Everybody knows that. My issue with you that you,re also saying entry strategy does NOT matter. I call bullshit on that. What you're saying is that, so long as they both use good exit strategy, there's no difference between a...

What's with the guessing and accident stuff? That's not what the OP said btw. What he said was being wrong on the entrance doesn't matter, whether it is done randomly or systematically. This is utter nonsense of course. Entrances matter. Even if you can salvage a small loss from "guessing...

6. Avoid random entries. Learn how to enter with trends, vastly increasing your chances for success.

Let's review the Four Cardinal Rules of Trading, which I'm sure many of you fellow ETers learned as I did. Rule #1 - Trade with the Trend. This is the rule for entering a trade. No details are given but if you can successfully enter a market in the direction of an extant trend, your chances...

Of course it's ridiculous. One of the advantages of true Kelly sizing is that there is never risk of ruin. But Chan has accepted without question Thorp's approximation, which is an approximation of an approximation. This compounding of errors leads to a completely nonoptimal and dangerous...

No. Cut losses short = exit strategy. Let winners run = exit strategy. Money management = position sizing ("how much money do I place on my next trade?") It's not rocket science. Seriously, it's not.

That's not money management.

LOL. His Kelly stuff is ridiculous.

I forgot about this guy: Apparently luxor has it all figured out. Go, luxor! :cool:

Google choppiness index. There are formulas in some of the links. They may give you something useful to start with. Good luck. I cannot vouch for how good Catscan is. I have no idea how my choppiness index compares to theirs. But I'm satisfied with mine so never felt the need to buy their...

In the context of a pure chop, how would you trade it? Be as generic or as specific as you wish. We've already seen a couple methods put forth in this thread : use martingale; turn the chop into ranges by moving to a quicker timeframe. Maybe something using orders will work. I don't know...

There are indicators that tell you how much chop is present. Some are public, others are private. Sorry, mine is private. If you really need a private one and don't mind paying for it : http://www.mindfire-systems.com/Catscan.html