Normally, I would be the first person to defend the merits of a purely technical system. However, I think the average person here would benefit by taking the message of this thread to heart. The game that you play is speculation and there are no ...

Technical Analysis alone will not give you an edge

Hmm... interesting clue on the origin of the Mingary persona.

Most dollar amount lost on a single trade?

This is new territory for me. Can't wait to hear what you have.

Diversified Trend Trading Approach

1% a day is literally possession of the Holy Grail of Trading.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

I don't have much to say on diversification that isn't already known. Basically just spreading your risk among as many loosely correlated markets as possible.

Diversified Trend Trading Approach

1) What's the most important activity in your trading business? Sitting down. And letting winning positions win more without interference. 2) Do you have any pain associated with that activity and why? (ie pain in the ass) Happy to say that I ...

What's the most important activity in your trading business?

Hey Copernicus, Do you mind sharing the list of products you trade? Im always keen for new ideas on diversifying a portfolio. *EDIT* Oh nevermind, I think you posted it in post number 8.

Diversified Trend Trading Approach

You have it backward. The point of developing your own system is to have intimate understanding of your rules.

What happens when you have a flawed trading system

I believe such methods provide psychological fortitude to assist in staying long during a bull market and short during a bear market.

Technical Analysis alone will not give you an edge

Can a person trade profitably while maintaining that the outcomes of his trades are a manifestation of his will? Perhaps if he can somehow find a justification for taking frequent small losses and rare out-sized wins.

Technical Analysis alone will not give you an edge

I understand that you may be referring to the application of concepts learned at the subconcious level. Many great speculators have a kind of 'trader sense' that comes from years of experience, I don't think this is superstitious at all. However, ...

Technical Analysis alone will not give you an edge

Whats even more intriguing is how some traders manage to make money despite unconventional and even superstitious ideas on the market.

Technical Analysis alone will not give you an edge

You know, CJ, I just realized that you probably thought I was addressing you with that post. Well, I hope you realized that my post occurring just after yours was mere coincidence.

Technical Analysis alone will not give you an edge

I believe that guy was being truthful. Perhaps the unbelievability of his claim granted him an edge. If everybody exploited those signals then the system would cease to be profitable!

Technical Analysis alone will not give you an edge

I don't know, im not the one making the assertion. Depends on how you define random. Exactly. The guy you should be furthering this discussion with is Redlion. Though I will say something in his defense; the ability to trade profitably is not ...

Technical Analysis alone will not give you an edge

Alright, time for a serious conversation on the subject. If we accept that price is random and the trends in price data are no different from the trends that may also occur in random data then people who profit from trading are simply lucky ...

Technical Analysis alone will not give you an edge

I wholeheartedly agree that price is not random and predictions can be made to grant an edge. Over the years I came to realize that the markets are inefficient. I have a friend who is an economist. He would try to explain to me, as if talking to a ...

Why it is possible to predict price movement?

Wholeheartedly agree. I haven't met a rich technician. Excluding, of course, technicians who sell their technical services and make a lot of money.

Technical Analysis alone will not give you an edge

What steps did you take to assess the viability of your chosen method?

Cutting the cord with M1 scalps

I wasn't being sarcastic. Randomly drawn lines can also work.

Do Pivot Points really work?