Philosophy presupposes the test. 'Testing' the philosophy implies a more fundamental philosophy that still demands to be tested by your requirement. You are correct in saying that future price movement is absolutely unpredictable. However, ...

Just a bit of advice, for anyone, for free

What is the purpose of this question Tyler?

How profitable are you?

Hi Z, 'Trends' and 'ranges' are subjective and based on your own individual interpretation.

Can you tell how the fundamentals are from the monthly chart?

Hi Spyderman, Why not cut some of the currency pairs and add some commodities to further diversify your portfolio? Regarding pyramiding; one should think of it as building up to an optimal position size. If you feel that undertaking your max pyramid ...

Reverse Engineering a Profitable System (REPS)

Wait, are you referring to a methodological difference or just a difference in data recency?

Machine Learning with algoTraderJo

Whats the difference? May as well do a backtest and not have to wait.

Machine Learning with algoTraderJo

In my opinion the only significant data point is the daily OHLC as it represents a full trading day. Anything lower is just noise. Anyway, regardless of the size of the historical test window, your backtest results will never be an accurate ...

Machine Learning with algoTraderJo

Backtest your strategy and adjust your trade size accordingly. If your strategy does not have a positive expectancy then design another.

How do you trade breakout without bleeding to death?

TraderJo has a point. 2 months of M15 data would never come close to representing the various and changing market conditions over 10 years of daily data. I would put my confidence in a system that generates a net profit from 10 trades over 10 years ...

Machine Learning with algoTraderJo

People on FF love to talk about price action as though it had some mystical quality. Price is ultimately just a lagging indicator of collective human behaviour, perception and reaction.

A jump to the beginning - chaos and market forces

"(Seykota) would reveal great sensitivity and insight into human behavior. Indeed, in recent years, Seykota has become very involved in the field of psychology. It appeared to me that psychology, and its application in helping people solve their ...

Motivation Zone - Share what/who motivates you

Could be either discretionary or mechanical or a mix of both.

How to start like a pro? - afraid to open trades

lol

How many strategies does one need?

The domain of speculative trading defies conventional statistical approaches. Price movement is an unpredictable chain of evolving perception rather than an effect produced by a cause known in advance. People who seek to solve the market as if it is ...

How many strategies does one need?

Your point?

How many strategies does one need?

Yes.

How many strategies does one need?

If the OP's goal is to speculate on that specific pair then yes.

How many strategies does one need?

There are many different ways to manage exposure but essentially it involves undertaking risk to speculate on price movement and being out of the market when no such opportunities are present.

How many strategies does one need?

Yes, undertaking exposure to currencies that demonstrate more directional movement and volatility is essentially what such a system does. The goal is not to eliminate risk but to control your risk exposure to minimize your risk of ruin.

How many strategies does one need?

Yeah I think we are on different pages. Heres an example of what I mean when it comes to diversifcation for a trading system: Concentrating your trading risk in one currency vs USD offers less diversification than spreading your risk across a basket ...

How many strategies does one need?