Recent content by beatt

TD, thank you for the latest info from your personal life, because I am also reading the long "Making Money" thread now and was interested if anything changed. Please, can you make a comment too about your usage of fibonaci levels, how important do you consider them nowaday? Thank you very much.

Sorry, by 95% I didn't mean the winning/loosing ratio of each trade. I mean the overall probability of having your portfolio balance in profits in the end. I don't care about each trade if the balance will be positive. I am now learning to really like systems with many small losses and huge profits.

mrptraderman: do you have like 5 profitable days with this strategy? or do you trade it for a longer time?

You will get stopped many times for -35. But you can always reenter or reverse trade. I am not sure how many of you tested this simple strategy and tried to tweak it? I am learning MetaTrader programming and will test it.

I have read just now at the MoneyTec forum, the trader "theposer" wrote there years ago: Can it be that simple? Anyone tested this strategy? Or even using it profitably?

adamscj: that seems to me like a very nice answer, thank you ;-) I just want to add: I can believe that there is logic (that they are not random) in the charts that could be exploited and used to my advantage by the help of some signals. But I wonder, if the money management doesn't govern...

rikrok: but is there any backtested results, that prove that for example breakouts are really providing the higher probability of price movement in one direction? Isn't that an ilusion? Because for example there are two groups of breakout traders. One group do follow the new breakout...

I think many people already conducted this "random entry" experiment. I only read it mentioned here and there, but still I am don't get it, I don't understand if the whole trading is about money management, or if we really need charts and support & resistance, or indicators, anything to screen...

I suppose there were lots of experiments already.

Thank you arabianights. Maybe I gave a bad title to this post. I don't mean only 1% advantage above the 50. I mean 1 and more percent advantage, with 51% being as the start of making any system profitable, if the loss/profit is of the same amount. I am interested if there are some patterns...

Why is trading so complicated. Let me make this presumption: If I would take trades randomly and do set the same pip amount for profit and the same for loss (for example 15 pips), would be the result after many trades 1:1 (if I don't take into account the broker costs now) ? I suppose it...

I have the following question to experienced traders please. We all know, that enormous amount of newbie traders do loose their money (often numbered as 95%). But it tells me one thing. They know how to move their portfolio amount in minus direction. And what can happen if you completely...

Hi all, I am returning back to trading after 2 years. I lost nearly all of my small $5000 portfolio while holding stocks, that had no initial stops and I thought, that they will recover (I am still holding them, so maybe they will recover). Now I think I am more prepared with all these main...