Recent content by debrox

The easiest way to grasp it is to ignore the fact that there are two currencies. Let us say you are trading: potato sacks/usd So you can buy potatoes with usd or sell them for usd. The going rate here will start at $10 for a potato sack, meaning the currency rate is $10.0. making a profit...

This is a really good post. I'm bringing it up, because I don't see any replies to it.

You guys are pretty weird at trading since you are hinting the amount of money on the line changes things. I don't care about money, to be honest. I even donated $8k of my scholarship money while in college, leaving me only $2k. I did it, because it was all I needed. Now, with all that said, I...

How comfortable are you to say that? I'm not an expert on these types of probabilities, but my natural inclination is to think a random guesser would have less than a 50% chance of performing better than the bottom 50% of traders. If there isn't any skew in the distribution of the performance of...

How did you test the theory? And did you also place the random trades during the same times during which you permit your current algorithm to trade (assuming some times are off limits)?

The trading community might be the #1 source for made up statistics in the world. They always have a (made up) number to describe how difficult it is to make it in the markets. Say, what if instead of 90% losing and 10% making a killing, what if 10% lost everything and 90% made a decent...

I wonder: If you randomly longed and shorted, using the same leverage, stop losses, maximum trading periods, etc., would you realize the same performance as your EA has realized?

That's the problem, probability just doesn't work in markets for most, normal trading styles. You have three counterexamples that intend to demonstrate the need or at least benefit of having knowledge in probability. 1.) you wish to be around to trade after a series of drawdowns ( a...

Were you looking at the right chart (ask/bid)?

This is a bit misleading -- desirable over what? I could say anything is desirable if I have in mind to compare it with something less desirable. Also, saying desirable is not a statement of best. Are you claiming a Ph.D. in math or economics is better than any other Ph.D. you could earn? Are...

I mean, do you need our permission to give it a shot? Just apply. The worst will be you being rejected, landing you back at your current state of joblessness.

This has to be sarcasm. George Soros And in general, probabilities and statistics has little use in trading. I recall my cousin, who is quite the math guy himself (as well as a trader working on Wall Street for 10 years), telling me some of his research he did to open a hedge fund potentially...

A website I sometimes go to says So I was wondering: does Morgan Stanley need to be telling the truth here? If so, why would they disclose their trades? Do you think they do it sort of as a pump/dump sort of mentality (that people will trade with them, helping their profits)? The website is...

I think it would be a good idea (if it's not already like that) to allow people to hide indicators momentarily.

In regards to a previous suggestion, I think it would be cool to have some way to generate a page like this with the report tool: $2,000,000 Goal System | Myfxbook As a follow up suggestion, I would think it wise for a broker to offer a way to generate a website link like the one above with the...