Posts by mistificator
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PS if you want to trade with classic strategies look for stock indicies mostly - they behave much better, even if nowhere near predictable like in old days where risk sentiment was an unknown word and please judged fundamentals and accumulation cycles. Markets now is panic-on panic-off mode and dealers simply take money from gunning participants' stops.
Currency market is so highly manipulated today as never before, and stock market where from all these strategies came can't even dream of manipulation of that sort. So beware. They do work, but mostly success is related to "hunch" of experienced trader. So if you simply trade by the rule the best you can expect is to be slightly positive on the year and accept big draw downs. The thing that works the best in currencies is what is happening mostly in currencies: stops runs. If you learn to trade with manipulators and enter where people exit you can make it in Forex.
I suggest you have a look at order flow trading with manipulation points. I am trading every day for 3 years and tried all sorts of styles, methods and systems, and this is the stuff that always works, nothing else does. Beware of "new systems" as they might well work but they exploit some market anomaly that is temporary this is why almost all these latest and greatest EAs and system stop working after a short while. You need something that is based on very principles of the markets. Google tape reading, "Reminiscents of Stock Operator", Bank manipulation trading, order Fl......
BTN Lightning 0408 In Trading Systems Oct 30 2012 at 15:27
I think people believe in what they want to believe. It cannot be changed by arguing. I would like BTN to keep doing their successful run, but on other end I would love them to close the doors ASAP for any new clientele, because many non-sensible punters will make troubles for the rest by making too much noise and not keeping their mouths shut and kill the golden goose for all of us.
Scott's FXPhantom In Trading Systems Jul 29 2012 at 18:08
50% loss means you need to win 100% only to get back. For me it means this account/trading method/robot is finished.
TM demo In Trading Systems Jul 20 2012 at 14:07
It's a statistical trading system off D1 charts.
Million Dollar Pips In Trading Systems Apr 28 2012 at 21:21
disregard Primeval.
Forex Growth Bot In Trading Systems Apr 27 2012 at 06:47
I think it is not so seasonal this time, rather fundamental, maybe now we are starting to move EURUSD again.
I would say being in the green most of the time is irrelevant. What relevant is make more than you lose. You can be in green +1000 one week and the next two -100 each, and this is how real traders work. You don't need to be right. You need to be in money.
this is another way to hell.. going up on balance down on equity! haha
Total Business Investment (QoQ) (2 min)
ECB’s QE works its magic on Eurozone eco...(4 min ago)
EURUSD 1.07392 GBPUSD 1.47593
USDJPY 120.152 USDCAD 1.27375
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