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If I want to profit from a price movement, my broker insists that I state both the direction and position size before the move happens. In English, this is the very definition of prediction: A statement before the fact. What makes it a prediction is not why you make it or whether you think...

I thought this was supposed to be a no BS thread. :confused:

Correct. Not simpler. And also not correct, if "aveProfit" stands for average profit. This formula only applies if there are only two possible outcomes. If there are more than two possible outcomes, you can't just average them and apply this equation.

How are they different?

It was a verified real account before he deleted it. He's just uploaded the same track record as a demo now so it doesn't look so stupid. "trade4you" .. err .. no thanks!

Something showing the account growth would have been good. Not just two separate profitable days. Especially since you say his dad put a lot of money into the account between those two days and you blanked out the account balance anyway. I can't see what you're trying to prove by picking...

Moderators that wish to take part in discussions could have a second account which they use only for moderating. Problem solved.

Yes, except the bank deposits have already been invested in government bonds and they've already spent it. The depositor haircut is just an admission that the money is already long gone.

This was neither a branch nor new, simply off-topic and deliberately so. I'm not sure what you are on about. Obviously the moderator decides, but any member can use the complain button to bring the problem to the moderator's attention.

Just pick a side and start hurling insults or you'll never fit in around here.

Do you mean the past direction or the predicted future direction?

It's the price drivers.

NoDoji gave you one earlier in this very thread and you promptly changed the subject. :D :confused:

What is your max position size on a $1 balance? Have you had time to calculate asset allocation algorithms for your $1 account yet? Still waiting for the stop.

How much is 'too much'?

Chit Chat would be the best place for all this. The journal section is for traders who want to concentrate on their development which is why it is heavily moderated. It is not the place for contests. Anyway it looks like we will have results posted in journals and the related discussion down...

So how come, when they cut the tax the number of people declaring earnings >£1m p.a. went back up? "In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This number fell to just 6,000 after Gordon Brown introduced the...

RCG seems only to be interested in trading insults. Luckily the market for this at ET P&R is always liquid. There's nothing to see here, unless you want to cheer on Lucrum in his combine attempt. How's it going Lucrum? No trades for me yet.

I'm a little confused. You issued the journal challenge to PT and he has accepted and started his journal. Isn't it your journal we are waiting for? Also you accepted the combine challenge from lucrum, he has started. Again, it is you we are waiting for. I thought you were keen to show...

FX futures are just the same. It's just a deposit, they give it back if you make $1 profit.