A message to those that are failing....

[short&naked]

The EUR/USD scalper's strategy was "go for broke"! They were trading with play money, therefore the results are meaningless!

 

[BlindLemonBoosh]

Quote from short&naked:

The EUR/USD scalper's strategy was "go for broke"! They were trading with play money, therefore the results are meaningless!

Your "go for broke" hypothesis would work better if the sample size of Burke's currency trades was a lot smaller.

Backtesting is also done with play money. That doesn't affect the validity of the results.

 

[Boib]

Quote from TraderZones:

TA, absent of Price Action (for those TA charlatans who keep dragging price action under the TA umbrella) is by and large trash

Charts without lines and squiggles is what has promise.

TA is something people believe in. It is something that most studies discredit. This makes the TA lovers angry.

Their evidence? "I know someone who uses it successfully" or "Works for me, you just have to know how to transmogrify it..."

If you consider this as part of success, you really are short and naked.

Isn't TA just a manipulation of Price Action to make it visually pleasing.

 

[short&naked]

Quote from BlindLemonBoosh:

Your "go for broke" hypothesis would work better if the sample size of Burke's currency trades was a lot smaller.

Backtesting is also done with play money. That doesn't affect the validity of the results.

That show was BS and you know it! Have him replicate the results with real money.

 

[jack hershey]

i use a dichotomous key once in a while to better understand whats going on.

This one explains how people work their way to failure most of the time.

 

[jack hershey]

Quote from jack hershey:

i use a dichotomous key once in a while to better understand whats going on.

This one explains how people work their way to failure most of the time.

This dichotomous key is useful in figuring out how to be an expert trade.

By combining both you get to look at how the range of failure (the message topic here) has been created.

 

[robbie380]

Quote from highlifejoker:

i can't tell you what I use. sorry!

Jo K Er

lol what a douche. you want to sit back and rip on one guy's trading methods but you won't even give a vague description of how you trade. it's not that hard to do.

for example, I use everything I can get my hands on...fundamentals, technicals (simple ones), displayed orders, news, knowledge of how various programs work, imbalances, economic numbers, and whatever else I find useful. I use all this stuff to minimize my risk and to guage my potential reward.

was that hard to do?