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Forex is chaos, but you can overcome chaos
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Master_of_Chaos

Member Since Apr 14, 2012  23 posts Master_of_Chaos Apr 16 2012 at 06:40
The market always wins, be a part of it
dikraduni

Member Since Apr 06, 2012  3 posts dikraduni Apr 17 2012 at 06:19
It doesn't matter how much I read, In FX market the was is & will be chaos always. instead of fearing chaos we have to make better strategy so we can take opportunity of this moment.


TheCyclist

Member Since Feb 07, 2011  614 posts PipGnostic (TheCyclist) Apr 17 2012 at 06:22 (edited Apr 17 2012 at 06:33 )
Not chaos man.

If it was big business wouldn't exist. Need stable currencies for global business to work. If you want to leverage to +100:1 and put down gazillions to try make a quick buck, then yeah sure, it is chaos.

For the rest of us not so much.

Show me your pips!!
Master_of_Chaos

Member Since Apr 14, 2012  23 posts Master_of_Chaos Apr 17 2012 at 18:01
Congratulation, if you know whether the GBP/USD goes up or down tomorrow and how much. I don't know it and in addition I'm not interested in.
The only question for me is, will the movement of the currency strong enough to make money and even this I cannot answer. And at which time... in the morning, in the afternoon... nobody knows...... for me on a short and medium term view the movement is chaotic.
And that is the reason why most of the people in trading loose money. They try to predict or forecast something according to mathematical formula, which cannot be described with discrete formula.
That's what I say, not more. And that is of course not the view and the demand of an economist.

The market always wins, be a part of it
djack23

Member Since Jan 06, 2012  2 posts djack23 Apr 17 2012 at 21:39
Notice how the growth and equity growth lines are diverging more and more.

Master_of_Chaos

Member Since Apr 14, 2012  23 posts Master_of_Chaos Apr 18 2012 at 04:30

   djack23 posted:
   Notice how the growth and equity growth lines are diverging more and more.


I cannot see the divergence...... they simply run in a channel...... be sure tomorrow, in 2 days or in 5 days you will tell me that there is a convergence.... each interpretation depends on the time range ;-)

The market always wins, be a part of it
TheCyclist

Member Since Feb 07, 2011  614 posts PipGnostic (TheCyclist) Apr 25 2012 at 03:27
Divergence should be more evident now?

Show me your pips!!
Master_of_Chaos

Member Since Apr 14, 2012  23 posts Master_of_Chaos Apr 25 2012 at 04:36

   TheCyclist posted:
   Divergence should be more evident now?


Not at all........ it is the normal behaviour for a system which likes ranging markets. And the major part in a year we normally have ranging markets...... the only question for the demo system is: is the risk setting too high to survive the trend?.....But I don't think so ;-)

The market always wins, be a part of it
TheCyclist

Member Since Feb 07, 2011  614 posts PipGnostic (TheCyclist) Apr 25 2012 at 04:47
Me thinks you're running a fat tail with no stops mate.

In effect you're limiting your winners with Tp's and have unlimited open losses. Not very sophisticated and definitely not worth pursuing as a trading strategy.




Show me your pips!!
Master_of_Chaos

Member Since Apr 14, 2012  23 posts Master_of_Chaos Apr 25 2012 at 10:24
Sorry, but you make your conclusions without any knowledge about the system and the idea behind it. Nobody forces you to follow my accounts.
But if you follow, you'll see that it will run with profit.......... nobody's knows the future, but the profit of the real system can be estimated with 10 Euro/day and the demo system with about 150 Euro/day.

By the way, in regard to stops..... have you ever thought about hedging?

The market always wins, be a part of it
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