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I had been led to believe that the way to win at blackjack was to increase the stake size on hands that have an enhanced probability of being winners. A good way to win in trading is to progressively increase the position size (through pyramiding) on winning trades that have an increased...

Long-term TA - log charts can make more sense as they print equivalent vertical movements of price according to % change, rather than points or pips change. So a 100pt to 150pts would be the same vertical distance as 200pts to 300pts: same change in % but twice as much in pts. If price is...

This is just being obtuse surely?

No, genuine selling is no crime. Accidental sales due to "fat finger syndrome" is no crime. But generating unsustainable sell orders to artificially depress prices is a crime.

Log scale only aids analysis over multi-year charts with high percentage price changes. If the chart doesn't make sense within the terms of your strategy, you can't juggle the chart to make it fit. That would be like driving the car with your eyes shut and taking left and right turns where...

Good luck in all things learner2007.

I take it they're saying they can't trace the event to either deliberate depression of the market or an accidental sell campaign. Obviously given time every order can be traced. But what's the point? It does seem this was just a market functioning as a market - at the limit of its behaviour...

I missed all the fun. Out of the last part of my last remaining US index long last week, Friday 2nd Feb. Main longs all closed on the Tuesday, 30th Jan. Happy with that.

Well, this isn't going anywhere now. So long.

No. For one thing, no judgement is required with regards a particular trade. If the chart set-up matches the pre-determined parameters for a trend-following buy, then its a buy. I don't trouble over entry patterns as long as not buying at a new high. All trades are of equal stake. All trades...

Never played blackjack but I thought nickynoes was correct. And this was already making me think of the similarity with pyramiding a winning trade. Which is something I do.

Love it, this is exactly the point of pyramiding in a trend-following trade. I use the length and consistency ("smoothness") of the trend as optional criteria and the points score these contribute to gives me preference towards those charts. Using the straightforward % price change in x days is...

Nearly, its risk:reward, same thing.

That's great Cat88, clearly put. I don't use r:r but this grid system quickly breaks into double-digit r:r. I don't know of any other strategy that even considers double digit r:r as a possible outcome.

Jeez Brian.

Not quite everyone thanks...........

Nice Cat88. Its not where you get in that makes the money, its where you get out.

Not sure everyone uses the same definition for black swans. However, statistically, most of the largest one-day price falls on the Dow have come out of downtrends, not out of bull markets. I am exclusively trend-following and I try to be in and following as many trends as possible. The EUR/CHF...

Not sure what you're saying. What do you mean please? - a) they should prosecute the bank employees as well as the Hounslow trader? b) they shouldn't prosecute anyone because they can't prosecute everyone c) they shouldn't prosecute the Hounslow trader because they don't prosecute many bank...

Double like.