Hi LuSan, Far from me trying to discourage anybody from experimenting what he/she feels the best for his/her style/personality. But I think the most important part of all this is your PA reading skills. If you are good at it, you may trade without ...

Technical Analysis Fallacy

Hi Leighsww, That happened some 6 months before discovering this thread. I doubled every 20 pips against my position (whatever the direction). All positions were closed when market turned and the biggest position was yielding 27 pips profit. Stops ...

Technical Analysis Fallacy

Hi Scott, Here are my weekly returns on equity: 0,03 1,51 6,03 2,20 1,22 0,63 2,34 1,62 0,33 0,83 44,61 1,15 2,35 0,52 1,05 0,48 0,82 6,40 2,62 1,57 0,70 1,00 1,45 This is the plot: (44.jpg - I couldn't post the image here ) OMG, this is ...

Caution: Math Geek at Work

Hi Scott, WOW, thank you very much for your very enlightening reply. I am not so strong in statistics as you, so I must digest your comments for a while. The numbers I posted were taken from a fund. I took them as example only. My personal numbers ...

Caution: Math Geek at Work

Hi all, Let me put a little nose here... hmmm ... maybe not so little... You have been making a great job writing spreadsheets, calculating skews and so. Fine. But aren't you missing a little point here? Let me explain. Rescues use to work with ...

Technical Analysis Fallacy

Great! Ooops! Is the latter valid?

Technical Analysis Fallacy

Randomness test on ROE figures — Hi Scott, This is my first “nosing in” here. I very much appreciate your math background and congratulate for your nice research work. I beg you pardon if the doubt I describe in the following would be ...

Caution: Math Geek at Work

Hi leighsww, Have you saved fti's full comments in feb2865's thread? A few weeks ago, I read that thread and could find only some fragments. I know fti decided to delete them from there but maybe they are appropriate to be posted here. After all, ...

Technical Analysis Fallacy

Based on the thread they have on forex tsd, I thought this was a ghost broker, a broker simulation game, a pure and simple mouse trap... Does including in this list mean they are real? A real scam, that's what I think they are. Nothing ...

Proposed NFA Capital Requirement

Hi LuSan, There are some stones in this path... there is the psychological side of going bigger... there is the scalability of the trading technique itself... and there is one important property of snowballing techniques: they tend to lurk the ...

Technical Analysis Fallacy

Hi BabeFX, This is a very important point, imho. I would go further: I believe there are not two traders in the world that trade exactly the same way! Each person has to find his/her own way, learning from other people, study and personal ...

Technical Analysis Fallacy

Hi David, About eurusd (the only pair I am following at this moment), my point of view is: looking at 15M yesterday... as you suggest... I will check the main trend ---> up. The intermediate trend ---> up. Then I will NOT short eurusd at all. Even ...

Technical Analysis Fallacy

Hi David, I am very curious about the dead in the waters scenario you mentioned.

Technical Analysis Fallacy

Hi jest and BabeFX, I think the point at which you are thinking to place your stops may be excellent entries... With 0.0x lots in an xK standard 100:1 account, NFP release volatility is a breeze... About asian crisis and alike (my debut in the ...

Technical Analysis Fallacy

Cool!! Exactly the way I trade!!... Hmm, the red heads, I mean...

Technical Analysis Fallacy

Hi Zoran, I don't know if I understand you correctly. You decided to use a stop at breakeven +1? I have a small overnighter in eurusd at the moment. Why? Because I don't think there is a reversal sign in the main trend. So I suppose the highest high ...

Technical Analysis Fallacy

Hi jest, With proper size I think stops are not necessary (nor advisable). You would probably be caught in the next stop cluster killing, just before the party begins... Good trading.

Technical Analysis Fallacy

My 0,00 cents... On an xK standard account, I think it is perfectly safe to let 0.0x lots carry overnight: 1) In the direction of the main trend (if there is one); 2) If the main trend is in line with the intermediate trend; 3) Staying aware of ...

Technical Analysis Fallacy

Hi leighsww, You rival fti on who is the greatest contributor to this thread! Your willingness to help people is a real gift to all of us. Thank you very much. I promise that if I open my mouth (or stretch my fingers) again, I will be ten times more ...

Technical Analysis Fallacy

Hi Leighsww, I thank you very much for your kind words, but I can imagine (now, too late!) that he probably thought something like "OMG, after all this effort there comes this stupid guy talking BS about managed accounts. He must have learned ...

Technical Analysis Fallacy