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Nothing could be further from the truth. I can show you trading systems that are still profitable 20 or 30 years after their creation, over 20 or 30 different financial instruments and with the same exact and simple trading rules. The idea that a profitable trading system will cease to...

Absolutely. But here is the thing: let's say the maximum drawdown of a profitable trading system is 15% of equity. Your system has been winning for quite a while but now you are in a 15% drawdown (from the last equity high). What is the probabliity of going through a 30% drawdown? And...

I am not sure about that, NoDoji. If a trading system has a positive mathematical expectancy then, by definition, after X amount of drawdown (or series of losses), the probability of going through even more drawdown becomes close to zero. In other words, in this situation, the past...

Superb, this is the exact and only good response to that kind of question! :) The (all important) exit point is of course a vital component of any profitable trading strategy and must be clearly defined right from the start. If a trader initiates a trade and then later says something like...

Is that so...? http://www.ucg.org/doctrinal-beliefs/biblical-evidence-shows-jesus-christ-wasnt-born-dec-25/

Just a quick update on that short EUR/CAD trade I initiated yesterday...

:D Been living in this great city for decades, you have no idea what you are talking about.

Shrinking space?? Who told you that lie? :D Do you know that you can put the entire planet in a small country like Yugoslavia, and still get a density of population like New York City? Please, stop believing freaking TV and mainstream media.

My friend, one day you will realize that you still have a lot of things to learn. Humility is one of them. Here is a quick tip : you can ALWAYS learn something new even from seemingly perfect "idiots". I will let you meditate on that...

Call me stupid but are you trying to evade the - very simple - question?

+1? :confused: You mean MINUS 1 Bpatson. You can ALWAYS learn something new from a fellow trader, good or bad, if you can check your ego at the door. Humility is the key word here ...

So what's the big deal, then? If our friend TradingJournals is indeed a "babbling moron" like you said (how rude, shame on you), then fade his trades and you will make money, no? Otherwise leave him alone, he has the right to express himself like anyone else in this forum.

But of course, what do you expect, this whole new electronic currency system has been created by the banksters and for the benefit of the banksters.

Hi Nkhoi: Is this just your personal opinion or did you study E.T. traffic/log activity to make that assumption? After all, there are hundreds of ways to (artificially) create "traffic" to a website.

No this a Forex trade, I am simply looking for a 50 pip profit ($450 profit per standard lot). I wish you the best of luck then :)

How about some nice romantic music, Gloria? :) http://www.youtube.com/watch?v=Jm1anurhbeg PS: what are you trading these days? Personally I am short the EUR/CAD at 1.4655

Money as we know it will soon cease to exist. In it's place will be "Electronic Money", initially utilised via "Biometric ID Cards" being introduced at the moment in the UK and elsewhere, which in turn will be replaced by "Personal Microchips" replete with RFID technology. This "progress"...

But what is the issue here, exactly?? :confused: If you have a very, very profitable trading system then just trade it manually, why use a third party software in the first place, if you strongly believe the software is spying on you (not a far-fetched idea, mind you...), unless you are...

Obviously your thread/question will create some conflict of interest in trading forums like this, since a lot of brokers and market makers sponsor the website.

Well I read all of his books on Amazon and yes, they are just so-so, but you can still find a few gems here and there on some chapters.