DislikedTrading is an art rather than a mechanical process...............if so computers can beat humans in tradingIgnored
It takes money to make money.
The lie of it all - systems and their weaknesses 8 replies
Indicators... The Beautiful Lie 52 replies
CHECKstar's Lie Trading Journal 34 replies
Why do charts lie??? 1 reply
DislikedTrading is an art rather than a mechanical process...............if so computers can beat humans in tradingIgnored
Disliked{quote} My guess is computers are beating humans in trading. Maybe some professional traders could let us know how it is mostly done in the non-retail space.Ignored
Disliked{quote} If computers can beat humans.........why humans are hired for trading positions............Ignored
Disliked{quote} Nothing is ever 100% one thing or another whether it's robots making cars or it's humans making clothes. There is always a mixture of both. If I were to take a guess, I would say there are more trades being executed by robots than by humans. Furthermore, my guess is that their combined net gain is higher than that of humans. Just my opinionsIgnored
Disliked{quote} Thanks for the article. I'm really trying not to disagree but that article is pointing out that the firms are just (spending) more on humans than robots. It's an ambiguous statement and doesn't necessarily imply the number of human traders (or number of placed trades or volume of trades) is increasing over that of robots. Anyway, I think retail forex traders can beat the pants off of institutional traders any day of the week. We have access to a much more liquid spot market and with the leverage we have, with the competitive broker options...Ignored
Dislikedfood for thought . . . John was sold a lie. It's a lie so easy to believe. Because it makes so much sense. Near impossible to challenge its logic. And, really it's not a lie, per se. I mean, if you believe in something so much, and then spread this belief to other people, is it a lie? Didn't matter anyway. John believed the lie: - you put indicator a on your chart. - then you put indicator b on your chart. - then you put indicator c on you chart. - if a, b, c (and e, f, g...) are all telling you that the price is gonna go up, then the probability...Ignored
Disliked{quote} again and again and agin and one million times i will say it in full mouth..... Leverage is the answer for the john angry issues.. How and why ahhh my heart if the leverage is 1:500 then if john opens one trade by 1 lot price is going up , then he makes 1 lot = so the real is 500 lots in the market .. Then there will be force to the south equal or more than 10 times your 500 lots ( i expect 5000 to 50,000 ) lots to trigger his stop loss by the guru or his broker or the related banks who can see his trade wowIgnored
Disliked{quote} This is nonsense. using USD 1 lot = 100,000 face value leverage 1:500 = need only 200 USD to hold the position. 20 pips = 200 USD ... now if you only have 300 usd in your account guess what will happen (;Ignored
Disliked{quote} DEAR MINGARY YOU ARE A TEACHER FOR ALL SO I RESPECT YOUR WAY OF ADDING THINGS UP IT IS NOT AT ALL NONSENSE BUT LET'S FACE THE TRUTH ARE YOU GOOD IN MATH, I GUESS SO, SO IF YOU READ MY COMPLETE EXPLINATION HERE, YOU WILL FEEL SORRY THAT WE ARE SPEAKING THE SAME BUT YOU RUSHED IN YOUR JUDGEMENT : this is martinage used in rollet wheel--- gambling... I chose black randomly 1 usd win i go back to 1 usd if i lose i double my bet 2 if i win i return to zero but if i lose i use 3 and so on in forex this is meaning killing your account, do not forget...Ignored
Disliked{quote} I am not a teacher. My apologies I did not understand you were referring to a martingale scheme. You are absolutely correct.Ignored
Disliked{quote} Depends on the words the salesman used. While I do agree with venividivici that you do not need indicators and the picture SulemanMehmo posted shows a good part of my decision making , I still do not think indicators are a lie. Sure, if the description tells you that it is making decisions for you and you just need to follow what it says it probably was a lie. But that should raise the question why is it an indicator at all, it should be an EA. IMHO indicators are used the wrong way by people who do not understand what they do in the...Ignored
Disliked{quote} If computers can beat humans.........why humans are hired for trading positions............Ignored
Dislikedfood for thought . . . John was sold a lie. It's a lie so easy to believe. Because it makes so much sense. Near impossible to challenge its logic. And, really it's not a lie, per se. I mean, if you believe in something so much, and then spread this belief to other people, is it a lie? Didn't matter anyway. John believed the lie: - You put indicator A on your chart. - Then you put indicator B on your chart. - Then you put indicator C on you chart. - If A, B, C (and E, F, G...) are ALL telling you that the price is gonna go up, then the probability...Ignored
Disliked{quote} I dont believe !! John has not found out yet the best indicator?! Tell John to download covfefe and everything will change. Covefefe is all John needs.Ignored
Disliked{quote} IMHO I wouldn't recommend Covefefe based systems as they're based on drawdown. Coverage based systems are generally positive equity systems. Also, Covefefe repaints.Ignored