I don't see anyone seriously suggesting a phone is a complete solution - it's a mobile solution, a supplement. Many of those traders you mention are wasting time spending so much time in front of the screen. I could argue that staring at a screen ...

What to use for Trading - Apple iPhone or Computer?

You weren't the only one who noticed it. It's unlikely they should have a similar necessary intake anyway, as their bodies and activity levels will have different needs. 1500 is extremely low for a pretty active person. In fact, it's below what most ...

What's your way to keep fit, strong and healthy?

Apparently a 1:3 female-to-male ration in Dubai. Not my preferred demographic.

Best place in the world to trade from?

It should have been clear that I was talking specifically about the comparison between participants of completely different sizes. For the purpose of comparing the returns of small and large traders, emphasising the skill that is required to achieve ...

Why do hedge funds have such poor returns compared to successful retail traders?

It's not all that matters - think of the skill required for a large trader to achieve a similar risk-adjusted return to that of a small skilled trader.

Why do hedge funds have such poor returns compared to successful retail traders?

Large hedge funds and smaller traders aren't comparable, pratically playing different games. Same ecosystem, but very different animals. 1. Size. A small trader can get in and out far quicker and at better prices than a large fund. They move the ...

Why do hedge funds have such poor returns compared to successful retail traders?

Years ago someone suggested I couldn't do something. I disagreed, stating that I just won't do it. Upon reflecting, I realised there was no difference between the two. I wouldn't write an individual off, but as the group increases in size the ...

Order Flow - Finding cluster of stops on chart

Most people won't get it because they can't. If concepts were so easily understood, people wouldn't need so badly to be taught. As logical as a concept may be, people for whatever reason just won't grasp it. It's quite amazing. I consider it part of ...

Order Flow - Finding cluster of stops on chart

I do not limit myself to mere millions.

Make Millions Trading Fx

It's not an issue of logic. I would expect most skilled traders to be highly logical. And who would be teaching you? The failed trader who cannot do so is forced to teach? Sure, there will be some skilled traders willing to teach others, but they ...

"You cannot make money (in the long run) from a price chart alone"

Academics with an ounce of understanding of markets are even rarer than skilled traders.

"You cannot make money (in the long run) from a price chart alone"

There are others, but I've found Oanda has the best user interface. As for the topic question, both as they compliment each other. A desktop can't be beaten as a proper trading solution, and a smartphone can handle tactical decisions while out and ...

What to use for Trading - Apple iPhone or Computer?

How does the transfer of power to a minority help the majority? It could be argued that the powerful minority keep the system together, and that the system benefits everyone overall, but I would argue that the system is an inevitable result (and ...

Unadaptive trading systems are doomed

My argument is that we are predictable, not that we aren't . Yes, our brains are complex, but the vast majority of our thoughts are quite simple. The thoughts and actions of any particular individual may vary significantly, but overall human ...

Unadaptive trading systems are doomed

With variance it could be any of them. Without variance, trader E. The first four are overbetting, while the latter two lack the balls make the most of their high winrate. None are impressive.

Brain teaser 2: Who made the most?

There's a lot of talk of markets changing, and in some ways they do, but the important characteristics remain the same. A market is just the human extension of the ecology around us that has played out for millions if not billions of years. And no, ...

Unadaptive trading systems are doomed

Yes, it's basically the argument for developing a hypothesis grounded in skill and experience, rather than developing one through datamining.

Twelve widely believed forex myths

Why put faith in a test? My confidence stems from understanding my philosophy, being able to apply it, and knowing why it is profitable. If we are to test something, I'd prefer to test positioning of entries rather than wins and losses, because a ...

Twelve widely believed forex myths

It's a game of who best positions themselves. I would argue that small but skilled traders are best able to do this, which would include good retail traders.

How to keep in faith with a statistically profitable system?

In theory, we should be willing to tolerate a losing streak that would send us broke, if the system has positive expectancy. Such negative variance is extremely rare, and if we're unfortunate enough to experience it, hopefully we've done very well ...

How to keep in faith with a statistically profitable system?