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How is that working out for you. Is it really an edge? (Edge = being able to see something in the market in time to be able to exploit it.)

They believe what ever they want. To become a Freemason you have to believe in a higher power but it doesn't matter which one. You will find all religious denominations in a lodge. For the most part religion and politics are not discussed.

Well that was a long read.:) I don't see the equation as being a definable edge. Too many "if you think" & "you assign a probability" parts of the equation for me to be able to nail down something I can use consistently. I happen to believe a good equity curve is better. There is a difference...

I know nothing about forex. As an interested spectator what I would like to know is what kind of return you are able to generate with your capital. I don't care how much you make a day, month or year as that is meaningless with knowing how much capital you have at risk. Hopefully you can add...

Knowing the probability of winning might be considered an edge. How do you figure out the probability of any random trade being a winner. I know the probability of my set-ups being winners. I know what my risk is. I don't really know what the reward is because I don't have a set target. My...

Did it work?

I agree with you in theory. Couple points though. Won't size move the market? Doesn't trader psychology move the market? (Fear and Greed)

Being Canadian I'm not sure about US politics but up here the politicians job is to get re-elected. If they do anything it's at the bidding of the people who paid for their election campaign.

But 2000 and 10 million are not equal.:)

How are you going to fix it?

I would guess the difference is between the ears. No one minds losing $10 but dropping $1000 is a big deal to most traders. If you don't have the discipline to take your losses you will fail.

Why not show the whole blotter. Let's see the bottom where the losing trades reside.

What criteria do you teach?:)

I remember someone, somewhere saying that if you can't identify a trend, ask a six year old.

I don't recall saying anything about fading. I'm saying trade something else. Trading the most active means you are trading against the pro's. To each his own but not something I do.

Or is it an epic fail because you didn't take a full position to begin with.;)

If you want different results from everyone else; don't do what everyone else is doing.:)

I think if you run the numbers will find that you are better off buying and selling a full position, rather than scaling in or out. This of course assumes you have some sort of quantifiable edge. With out an edge your are just burning your cash more slowly. I scale in to keep my risk at a...

If you take the time to plot the indicator on your own, that is use the formula to compute the indicator values, you soon figure out how the price movement affects the indicator. So by watching what price does you can determine what the indicator is likely to do. Indicators just manipulate...

I like the analogy of trading and golf. There are a lot of similarities. In theory it is a simple game. All you have to do is hit a little ball down a field and put it in a hole. The best of the best earn millions of dollars doing it. Anyone can buy a set of clubs and call themselves a...