Sorry that you didn't like Avatar, the story is of course trivial but the effects worth the money. You evidently didn't catch my idea, being too fast to draw conclusions without understanding what I have to say. I'm not looking for the holy grail ...

Why Indicators will fail you

Great! Can you post it?

Why Indicators will fail you

Can somebody show me an indicator which fails, in the sense that taking all the signals I will lose money? It should be easy after 9 pages in which the discussion seems to converge to this conclusion.

Why Indicators will fail you

5-6% per month in average over 12 months is possible and realistic by risking maximum 2% per trade. This rate doubles the account. The big achievement is to minimize the drawdown. As Hedginghog mentioned, a good trader spends more time trying to ...

Realistic Account Growth?

Your strategy is your strategy. But. Buy something nice with 8K. And then use 20K. If you lose 15K than you quit and you remain with your initial investment. You must give yourself a chance to win big.

Make or Break Year for Petra!

Risk the smallest possible percentage on every trade. If the system will prove himself to be a loser, your loss will be small. If it is profitable, you'll regain your confidence.

Psychological Warfare

Multiplying your account more than 5 times in less than a year is not easy at all, so congratulations for your success. Now, I'm not understading why you start over with 5K. If you need the 23K then it's ok but otherwise use them as capital for the ...

Make or Break Year for Petra!

Simply because you're only one variable and there are thousands which you can't control. For example, the fact that you want to be profitable fast means that you don't have enough experience to understand the nature of the market. You can't give the ...

How long to be profitable?

I don't know how the aforementioned personalities trade but I'm 100% sure that they don't lose a lot and hope for some big tail which will recover their loses. Not when some of them have billions of dollars under management. Completely off-topic, ...

The DIBS Method... No Free Lunch continues

This idea will keep you out from 20-30 losses in a row if you trade 2 pairs and you take all the signals. It will also make the equity curve smoother. It is not a holy grail. If you don't find it usefull don't use it and take all the trades. There ...

The DIBS Method... No Free Lunch continues

You don't enter after the signal but you wait till the trade loses or reaches BE or 1:1 or how you want to call it. If it loses you do nothing. It it reaches BE you enter. The stop loss is the one which you would use if you have entered. You use the ...

The DIBS Method... No Free Lunch continues

razorboy, you enter after the trade has reached its breakeven. Be sure that I know enough about edges to write book but english is not my mother tongue so it is possible that what I'm trying to say isn't exactly right. Anyway, if you read my posts ...

The DIBS Method... No Free Lunch continues

I gave an idea to takingthepip and it is a good question for every trader. If the entry doesn't provide an edge you could skip every entry till the trade goes on your favor. It applies perfectly to DIBS, where you should take partial profits after ...

The DIBS Method... No Free Lunch continues

takingthepip, I will try to make it easier by speaking about facts and not the usual crap about emotion and personality. Take any breakout after an IB according to the rules of PC for one pair during one year. You'll find out that the number of ...

The DIBS Method... No Free Lunch continues

Believe it or not, 99% from this forum are lying regarding their profits, either as pips or as percent. Jacko's people are not an exception.

Forex Mentors - The Best Investment You Can Make?

What moving average did you use? And what is the "right side" of a moving average?

The DIBS Method... No Free Lunch continues

You can use any number of pips as long as the sum of them is constant. One example would be: They both win 1000 pips after 100 trades. They have the same stop loss, 30 pips. Trader A has a system which wins 30% of the time and loses 70% of the time. ...

Trading Successfully

No, I will not share the system. I consider that I have ab edge which can be traded profitably and that's my little secret. I don't know if it will work in the future so I'm always searching for improvements. I use this forum to find ideas and to ...

Trading Successfully

Trader A has a system which wins 30% of the time and loses 70% of the time. Trader B has a system which wins 70% of the time and loses 30% of the time. We consider both to be succesfull traders. And after 100 trades they have the same profit in ...

Trading Successfully

These are half-truths and often misleading. Point #2 is not true at all. I can prove mathematically that cutting winnings short and let your losses run will bring more profit than the other praised statement. But hey, who am I not to believing the ...

Trading Successfully