not fooled by random market and by technical analysis

padutrader said:
i already said if i show my old stats it will prove i was bad trader.but everyone know that.taht i am a bad trader
i am posting trades so that those who are interested can discuss those trades so that all of us may learn something about those trades.
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30 years and you still call yourself a bad trader..? I've presented facts upon facts with empirical evidence and you think I am crazy. Respectfully, put your disgust of me aside and take a look at what is proposed with a sincere intention to learn, and God willing, you'll turn into a good trader.
 
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Amahrix said:
Do you believe luck plays a factor in ANY of these trades you've shown?

Yes or No?

I am not looking for why or why not.

Just a simple yes or no.

Thank you.

Does luck play a role? Yes, or no?

Note: It is a yes or no.

If you ignore this question for any reason, I will assume it is a yes.
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Despite me disagreeing with you in your other thread, this thread is asinine.

The 5m is untradeable except by institutional HFTs. You are trading noise and it is all luck. I will agree with you, anyone who thinks this timeframe is anything but a roulette wheel is deluded, a fool, or both. @padutrader could've posted a year long backtest of 5m data on a simple trend trade (like 1 MA) and proved or disproved this without blowing an account.

@padutrader Trends don't exist in the 5m. The microstructure you are trading should be in the order book, but here you are drawing lines on charts. Your strategy makes no sense. Try trading the order book assuming your forex "broker" doesn't hide orders - which im sure they do for the right price.
 
gaussian said:
Despite me disagreeing with you in your other thread, this thread is asinine.

The 5m is untradeable except by institutional HFTs. You are trading noise and it is all luck. I will agree with you, anyone who thinks this timeframe is anything but a roulette wheel is deluded, a fool, or both. @padutrader could've posted a year long backtest of 5m data on a simple trend trade (like 1 MA) and proved or disproved this without blowing an account.

@padutrader Trends don't exist in the 5m. The microstructure you are trading should be in the order book, but here you are drawing lines on charts. Your strategy makes no sense. Try trading the order book assuming your forex "broker" doesn't hide orders - which im sure they do for the right price.
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If you disagree with me on the other thread, you've misunderstood me.

This is precisely my point. Peace.
 
gaussian said:
rends don't exist in the 5m. The microstructure you are trading should be in the order book, but here you are drawing lines on charts. Your strategy makes no sense. Try trading the order book assuming your forex "broker" doesn't hide orders - which im sure they do for the right price.
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you do not know my strategy and i have not made a loss in this journal.......

this is the same strategies used by Brooks and Hansen. Brooks uses only 5 min.
it is possible to make money trading in 5 min.

also to say that there are no trends in 5 min is the most ridiculous statement. IN A 5 MIN BULL bar there is a trend.
i am surprised you can write such pompous ideas on a public forum and refuse to open your eyes and see my profit in every trade
 
gaussian said:
this thread is asinine.
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then why are you here.
this is a journal it is open to discussion only about trading and not make ridiculous pompous declarations about what you believe.
you will find many world class traders trading 5 min.
there are none so blind as those who will not see.
please do not reply to this because you do not deserve any consideration
 
gaussian said:
a roulette wheel
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how can casinos [owners] get rich if roulette is luck?

you are just making pompous comments:i could list all the world class traders who use 5 min but i do not have time to waste
 
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