The major Asian centres are only a little behind Sydney. Not sure I'd want to live anywhere between HK and Europe. I'm a slower intraday trader though, so unless I'm babysitting the early stages of a trade/position, the occasional check-in is all ...

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The day is always young somewhere. Here, the day is over. I wouldn't mind living somewhere half a dozen hours behind.

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Love the pic . I didn't literally mean everyone, it was an intentional exaggeration. Just seems that often people won't admit to being the statue, and I'm not talking about anyone in particular. But of course there's going to be a bit of that and ...

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I don't doubt that some did it, but others I think are just embarressed they were caught pants around ankles with someone behind them.

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Funny how everyone seems to have magically reversed their positions and captured 20 pips .

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So, where are your stops placed?

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No, the slow times are good for surfing the net, doing the dishes or watching some tv.

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All but inevitable .

Double up and get rich???

The test is very easy. The smoother is usually real, and I guess most of us would go with it due to the inertia/momentum in the markets, while the noisier option looks like it better reflects common random distribution. I imagine the examples are ...

Can you tell with naked eyes?

I can guarantee that traders much better than you or I have had more than 10 losses in a row. I have an example for you to counter: I flip coins and get paid 2:1. I clearly have an edge. Are you really going to suggest I can't lose 10 flips in a row? ...

Double up and get rich???

Sorry, I was talking about our perception. I.e. we take random data and our brain picks out data points to reflect known patterns. I don't know. I don't think it's the data itself that it's important, but the fact that it represents human action. I ...

Can you tell with naked eyes?

TL, channel, fork, R2, S&R, take your pick.

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There can certainly be patterns and repetitions in random data. We can flip heads ten times in a row, and the same principle allows random chart data to appear as a wedge, s&r, waves etc. Instead of heads, we're just getting the data points. The ...

Can you tell with naked eyes?

Are you suggesting that Martingale somehow exploits a bias in the markets, limiting the number of consecutive losses to a practical amount? I think we all act under uncertainty, and therefore there's always the possibility of losing the next trade. ...

Double up and get rich???

It's possible to be profitable immediately, but to be profitable constantly will vary significantly from person to person.

How long to be profitable?

I wasn't laughing at the trade - for all I know it could be a great trade - but the suggestion that we should all run for cover after a bot takes a position! No offense to the poster, I just found it funny .

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Considering that a trader deals with stats and probability, it's a question for a trader as well. I can't imagine a good trader without a decent grasp of the underlying maths. No it isn't. The difference is only a shuffling of numbers. Same ...

Double up and get rich???

Unsure about the seriousness of the comment, but

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Some statistics will change, but many won't because they reflect overall general behaviour. Humans change little over time, so why is there an assumption that overall general market behaviour will change significantly? My own assumption is that the ...

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Your post is actually an argument against the original poster I quoted. My argument is that neither emotion or an understanding of it is necessary for trading. Overall I would say we are trading people, but the mass of this human action creates ...

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