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Ted1983 replied Apr 2, 2010More wishful thinking, with 0 substance to back it up. My intention is to go long on GBP/USD and for it to be at 10.0000 (make that 20) on monday morning. How does that sound?
How certain can you be that you have an edge?
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Ted1983 replied Apr 2, 2010I was talking in a general sense. For example someone may believe that a god made the Universe. I don't believe that. Therefore one of us is wrong. kk007 stated, "Whatever you believe, it is true to you." That just strikes me as wish thinking and ...
How certain can you be that you have an edge?
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Ted1983 replied Apr 1, 2010So did you ever answer Darkstars' question? (Ninja bump of the decade IMHO)
I Had No Idea I Took So Much For Granted
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Ted1983 replied Apr 1, 2010I see. So with regard to this chart; image You're counting the consolidation areas as places to add to a trade, should you end up in short position on the way back down? If that's the case, may I ask if you add to a position with equal weight all ...
Support and Resistance Trading Simplified
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Ted1983 replied Apr 1, 2010Does that mean you posted without the acount holders permission? Man he is gonna be pissed with you! I feel sorry for those taking the signals.

Screen Shot of a good trader about to get $ 6K margin call !!
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Ted1983 replied Apr 1, 2010If you ever know that in advance you'll be one rich mofo. Might be a feasible method to filter for breakout though, as you say.
MTF - ATR
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Ted1983 replied Apr 1, 2010Note that "significantly" is the operative word. If you've ever played poker you'll know how often you need to take a 1 or 2 percent edge to come out ahead in the long run.
New study shows only 1% of traders are consistently successful
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Ted1983 replied Apr 1, 2010@ FX-Petra. I don't mean to be rude, but your assertion that the market is random on an intraday basis yet ordered (so to speak) on a daily time frame is ludicrous. By what mechanism can series of random events magically coagulate into order? The ...
New study shows only 1% of traders are consistently successful
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Ted1983 replied Apr 1, 2010It is a different sentence to be fair. But I think he probably was lucky rather than disciplined in the first instance.
Screen Shot of a good trader about to get $ 6K margin call !!
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Ted1983 replied Apr 1, 2010Hi. What's the "10F" part? (I guess RZ is resistance zone). Is 10 the nuber of touches at the level? Thanks, Ed.
Support and Resistance Trading Simplified
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Ted1983 replied Apr 1, 2010Wouldn't you assume a normal distribution for each 1000 trades sample. So the return should lie within 2SDs of 800 most of the time.
How certain can you be that you have an edge?
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Ted1983 replied Apr 1, 2010So if two people have simultaneous, but mutually exclusive beliefs, does the Universe undergo some kind of decoherence?
How certain can you be that you have an edge?
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Ted1983 replied Mar 31, 2010^^ I was discussing this very thing yesterday. The sad thing is a human life isn't long enough for the "luck" to even out. I guess it's no coincidence that some peole seem to live "charmed lives".
Double up and get rich???
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Ted1983 replied Mar 31, 2010Nice coin Sir! Did you get it at the carnival? edit: Is this thread a big joke?
Double up and get rich???
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Ted1983 replied Mar 31, 2010It is true averaged over a big sample. I give you the, "law of large numbers"
Double up and get rich???