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On the menu this evening, the JPY Trade Balance at 7:50 PM, and the AUD Business Confidence report at 9:30 PM, New York time, so let's start with these two currencies first...

No no, absolutely no revenge trading here Boskop, on the contrary, it's called trading with confidence.

Thanks for your support Pinkman :) But you see, when I "lose" money trading, in reality I am not losing anything, I am simply loaning money to the market. After a losing trade, I look at the chart and simply say : "Ok Mister Market, you win this time, so go ahead, take a few bucks from my...

If you say so. Any suggestion on how to deal with this situation then, O Great Master?

Why not re-enter the trade you said? Let me ask you a question Tiddlywinks: who said that a systematic position re-entry after a losing position (your stop was hit) will make you money in the long run? Re-enter all your losing trades and see what happens... On the other hand, if the logic...

This position triggered my stop by only 1.5 pips and THEN moved 50 pips higher in the expected direction. Oh well, things like that do happen from time to time, there is no way around this type of scenario. Total so far for me personally (since the beginning of this thread), minus 143 pips...

Include spread and commissions and most seemingly winning systems (like yours) become losing systems, or mediocre at best. And if your indicator is working why do you want to sell it and kill the golden goose?

Are spread and commissions included in the test? Please forget about making 20% a month consistently (892% compound return a year), this is pure utopia. Here are the facts: if a trader can consistently make 2% a month, he is already a super trader!

Sure, but apparently some traders swear that it is possible to profit from mispriced options, here is one of them: http://www.moneyshow.com/articles.asp?aid=OptionsIdea-19436 From the article: "This likely sounds crazy in the day and age of computers, but up until about 2003, floor traders...

Sure, anything is possible with only 8 months of data and 300 trades. Now run the backtest since the beginning of the NQ contract and see if you still get the same equity curve.

Drownpruf, your aggressive attitude towards board members is absolutely amazing, relax or you are going to have a heart attack one day.

Tell you what, why don't we just all communicate via emails and forget about the forum?

And yet you are commenting. :p You are trading options Martin?

Typical Drownpruf's response. This guy does not have a single clue on how I usually use the option skew and yet he is here lecturing us in every single thread. Drownpruf, take five (or your pills), you are becoming EXTREMELY annoying.

No need to wait a year, with a 100:1 leverage (like in Forex) a trader can make 100% in a few seconds, after the Non-Farm Payroll or some other important financial report. And then he could brag all about it at his local bar, between two cold Heineken. But making that consistently, that's...

You never quit, do you? I suppose you have a 100% winning rate? And of course the expression "to have a string of losses" does not even exist in your vocabulary, I presume? No, of course not, Drownpruf is beyond all that nonsense, he just need to push the sell or buy button and a truckload of...

Slightly off topic but here it is : some option software can supposedly find (and profit from) "mispriced" (over valued, under valued) options in real time using their respective volatility skew graphs. Can anyone comment on that?

Entire books have been devoted to the subject of option volatility alone. No doubt that option volatility is the least understood element behind the option pricing scheme. Traders who can fully understand the importance of volatility as it relates to the price of an option will definitively...

Trade secret, sorry. It has to do with volatility, one of the key element in option pricing.

Just for having the pleasure of seeing post you another meaningless comment.