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If every trader in the world suffered from anterograde amnesia from one second to the next, then yes, you could probably make the case that each moment is independent from the next. Otherwise it's a pretty useless assumption for the markets. The one game conventional casinos offer that can...

Increasing risk after a loss would make sense to me in a game such as blackjack, where presumably if a greater number of "negative-count" cards have been dealt so far, the player would have probably experienced a "drawdown" in equity for that part of the shoe; however, this now leaves the rest...

Gut feel from someone trading just a few months is one thing, for 10 years quite another.

When accessing my email account from their website, I noticed that at each keystroke when I type in my address to login, the cursor turns into an hourglass for a split second and I see that IE is "Downloading picture 'https://webmail.*******.net/wam/images/*******/email_errbox_RED.gif" Is...

Yeah, my posts were more directed at your assumption that entries were not crucial, and that proper money management can somehow trump a poor entry. MM is a critical element of any trader's method -- however, I don't think performance of any method can be "enhanced", other than the proper use...

How does any trader get better? With more experience, learning from your mistakes, etc. No one starts out profitable from the start -- you are telling me that it is impossible to improve one's entries, say a thousand trades from a trader's first trade? Do you think it's just a coincidence...

Definitely disagree with that one. Sure every trade and every case is different, but yes, you can learn to time your trades better. On the shorter time frames in fx, timing one's entry is just about 85% of the game. And yes it can be done, and can be improved upon. Those that would have...

Yes, a futures contract on a currency that offers higher rates than USD (NZD for example) will trade below the spot rate, and slowly converge by expiration. The difference = interest earned from holding spot. Reverse that for currencies with lower rates, like EUR.

It was just a counter-example to a rather pompous argument. There are always occasions where one looks like the idiot compared to the other. And hey, there's nothing out there that says you can't do both.

The problem that getting bigger after losers/drawdown is that often you begin to rely on this alone to "get you back", instead of focusing on improving your entries. All you do by increasing size is increase exposure to both loss and gain, it may "appear" that increasing size helps to speed up...

There's always a trader who thinks he is superior to another; in your case, someone can look down in disdain at you "position" traders that sit through swings just to take out a "major" move in one trade. The position trader takes 100 pts out of a weekly move, while this other trader takes out...

Still using the first one I've bought, 8 years now, and still fits like a glove.

What will drop, yuan or USD/CNY? In other words, chinese currency strengthens or weakens? We've had cross-rate confusion lately on ET.

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For an individual futures account, 10% monthly up to seven figures.

If it was true that the market was always "gunning" for the stops you put in, then use them to get great entries going the other way. Want to buy 5 lots of X at 100 while it's trading at 101? Put a sell stop for 1 lot at 99.90 and bid 100 for 6.

Something was wrong in that last post (short yen must = short USD/JPY). Anyways, in the example from Soros he is simply long DM/JPY -- I don't know where "fully hedged" comes in, because a pair like that moves.

None taken at all. Just trying to point out that there is no "idea" to chase here in the first place. A couple of threads like this have popped up lately, maybe retail fx shills trying to drum up interest with phantom "arbitrage"?

If you haven't gotten the answers from the very first post of this thread straightened out in your mind, you are trying to run before learning to crawl.

Why do you need to be "short spot/long future" to take advantage of a price "shock" that brings one market out of line with the other? The idea is along the same lines of all those threads that advocate "going long EUR/USD and short EUR/USD at the same time, and take advantage of/close out...