Trading with Oanda, they honoured my stoploss and got me out with no slippage. I haven't tried other brokers yet, did they do as well?

CHF move as a broker "Stress Test" - Which tried to honor SL's?

Lack of success has more to do with the trader than the system. Profitable technical systems aren't that hard to discover.

Pound Trader Weekly Message

The problem with this is that 'value' is subjective and specific rules / mantras will only ever be of value if they fit a trader's personal beliefs about the markets. I prefer to give general opinions because my specific trading style matches my own ...

Someone talk to me about trading

In all honesty, what I said was literally the opposite. Its buy high and sell low. If you say so. A successful trader is one who looks within. Perhaps you should examine your own beliefs and why you became defensive when I challenged them.

Someone talk to me about trading

Take a look at your standard trend following systems. Its possible and highly likely for such a system to produce 50-70% losing trades and a small number of very big winning trades that make the system profitable as a whole. The system was not at ...

Why moving averages are important?

If you believe in seasonal trading cycles, and it helps you trade well, I guess I shall not judge. Just to let you know, when developing trading systems, its very common to find particular months of a year to be very profitable or otherwise. This ...

Someone talk to me about trading

Paying attention to the time of day is valid if you trade intraday, but the idea regarding profitable months or specific dates is simply curve-fitting.

Someone talk to me about trading

Are you sure? A risk management plan involves: - Limiting your market risk exposure to a tolerable level - Using a position size that reduces risk of ruin - Selecting which markets to play to provide diversification benefits but avoid over-trading

Someone talk to me about trading

To be successful, you must stick to a plan that does the following: - Cut losers - Ride winners - Manage risk Your typical technical system can do the first 2, but you must pay attention to managing risk if you want long term survival?

Someone talk to me about trading

Describe them in simple terms. If they are difficult to stick with then you should probably find a strategy that is easier for you to stick with.

Someone talk to me about trading

I've never heard of that, please explain.

Someone talk to me about trading

Time frame is up to you, I prefer daily. I think it would also be helpful if you could design a system or method that does the buying and selling for you.

Someone talk to me about trading

An indicator does not have to predict future prices to be useful.

Why moving averages are important?

Buy when price is going up, sell back when it starts going down. Sell when price is going down, buy back when it starts going up.

Someone talk to me about trading

If a player is so large that his trading activity moves the market, entering and exiting the market becomes so costly that he can only make money from bigger long-term moves.

Technical Analysis Fallacy

Hi Andy. Allow me to chime in. Firstly, technical analysis as a form of price prediction tends to be no better than random and it is absurd for people to think that you can predict a future sequence of economic events by looking at a price chart. ...

Technical Analysis Fallacy

The idea that this kind of knowledge is required for good trading or that really large institutions want to 'feed' off the small insignificant retrail trader is really quite flawed. Technical analysis is really quite vacuous as a form of predictive ...

Technical Analysis Fallacy

Markets are just a manifestation of millions of buy and sell orders, they are being manipulated all the time. To purport that the game is somehow rigged to disadvantage a small group of retail traders is quite paranoid.

I have decided that forex is a losing game - moving to stocks

Define 'consistently profitable'. Tunnel-visioning on results alone while not understanding the underlying method of a trading system is pretty dangerous.

Have you found a profitable EA yet?

Believe it or not there have been profitable traders with beliefs even less valid than this. Regardless of your strange beliefs, your methodology has to have the following for it to be sound:1. Cutting losses2. Riding winners3. Managing risk

Test of some of my esoteric observations