If the statement: "A liquid market is efficient to all available information" is a form of EMH and a method of selecting trades using only price as an input uses a form of TA then the statement espousing a form of EMH is logically compatible with ...

Voodoo Science-Statistical Analysis

image image Inspired by imaginary entities purported to exist in Loch Ness and Forex Factory.

Neomodern Drawing Board -Serious

I humbly beg to differ. Any of you played the original Doom on 'Nightmare'? That game whooped my ass and scared the crap outta me when I was a kid. Never could finish it on 'Nightmare'. Trading? - Make a bunch of buy/sell orders. - Check it every ...

The hardest game in the world

All methods of defining trends compare various combinations of historical price points. The direction of the trend depends upon the method we use to perform the comparison. We have an enormous supply of historical points to use to determine trend. ...

What are the big Ideas in successful trading?

He actually did do that. The location of his assets wasn't the problem, a lifetime of untreated depression was. Livermore's fate doesn't concern me, his ideas are what matter.

What are the big Ideas in successful trading?

Thanks, however, I do not regard that as a 'big idea'. I have never really shared what I consider to be the 'big ideas' because I wouldn't be quite as capable in doing them as much justice as Edwin Lefevre in his magnum opus Reminiscences of a Stock ...

What are the big Ideas in successful trading?

You may objectively define a 'trend' or a 'range' according to a particular method but accepting that definition is a purely subjective matter. You may apply your model to the market and conclude that "the market is currently trending up" while ...

What are the big Ideas in successful trading?

Being objective in the method you use to measure and define a 'trend' or 'range' does little to avoid the fact that accepting such a definition is completely subjective. You are being objective in saying that within a chosen price series your chosen ...

What are the big Ideas in successful trading?

Yes, these are my thoughts as well. The speculator is required to establish a method with a positive expectancy from the start and run it into perpetuity with little deviation from the core strategy. You have to reach the peak before you even begin ...

Are there any successful Traders in Forex Factory?

Of course it doesn't, darling, collective buying and selling does that. Obviously. I wonder how you could infer that meaning from my original message; that the interpretation of a trend or range and how to trade on these concepts are your personal ...

What are the big Ideas in successful trading?

It depends on your very personal and subjective opinion. I observe that trend followers tend only to reduce exposure of profitable positions to ensure that positions stay in line with a predefined risk budget. The decision is never whimsical or ...

What are the big Ideas in successful trading?

Strange, I couldve sworn Hanover made a great post regarding the comparison between speculation and other professions. Its gone missing, however, I shall attempt to agree with and reply to a non-existent post. Most of the comparisons between trading ...

Are there any successful Traders in Forex Factory?

I hope you didn't mistake my post as braggadocious. When I refer to the best speculators as brilliant I do not speak of myself (hell no), I am referring to people like Livermore and Seykota. Anyway, my style is basically trend following, with some ...

Simplicity is the key to brilliance

I will go even further and say that brilliance is the key to simplicity. Great speculators have used systems that are so deceptively simple they belie the brilliance from which they were derived. I concur with Feline207 in the view that being simple ...

Simplicity is the key to brilliance

ROFL

Trading Dailies, 1HR a day?

Less than 5 minutes a day.

Trading Dailies, 1HR a day?

Wasn't a commentary on leverage. While traders refer to specific markets and trading instruments the layperson would just oversimplify by grouping most of these as "leveraged trading". The point being made is that most laypeople are naturally risk ...

Forex as a Future?

Same reason a person like myself would touch each other sector that makes up a diversified portfolio. I sense that you would rather blame the instrument than accept that the responsibility of failure is borne solely by the people who bring it upon ...

Forex as a Future?

Blake was a fund timer and a pioneer in that strategy class. His type of trading is wholly different from speculating the highly efficient and well-arbitraged currency markets. That said, the systematic approach to trading is something many would ...

Forex as a Future?

Calm down friend. No need to take things personally. I know I really shouldn't have expected any better from someone who spent "thousands of hours" just to realize what the average layperson has always known about leveraged trading. Sorry I ...

Forex as a Future?