Recent content by Ferru

How do you know? And do you not find it suspicious that none of the people who give testimonials about him have Facebook accounts? BTW, it would have been good of Nick to have credited Alexander Elder for the basic ideas behind his trading systems... Jeff

I was reading Victor Niederhoffer's criticisms of trend following earlier - Negative Feedback and Trend Following, by Victor Niederhoffer : Daily Speculations. Significantly, Niederhoffer has no good counter-argument to the idea that the success of trend followers over many decades is evidence...

Thanks Andrew. :) Jeff

Thanks Andrew. Do you think that, even if counter-trend methods might not work across the board, there are circumstances in which they might be the best approach? For example, might selling at the top of a range be a good idea (providing you exit your position quickly if the market continues...

Interesting article: Improving Trend-Following Strategies With Counter-Trend Entries « CSSA Does anyone know of any other studies that look at combining the trend following 'cut your losses, let your profits run' approach with counter-trend entries? Thanks Jeff

Hi Simon Are you sure it wasn't simply the case that you weren't taught properly how to trade? If you haven't done so already, I'd recommend you read about the Turtles. :) The Complete TurtleTrader: The Legend, The Lessons, The Results: Amazon.co.uk: Michael W. Covel: Books Jeff

I've no idea who 'the Ferru (FX)' is, so I can safely say 'No', although I'm intrigued who you're referring to! :) Jeff

Whisperoci - Sorry, but I regard Nick as a con artist. The world's top traders don't get an 80% strike rate combined with a 1:1 risk:reward ratio, so I'm not prepared to believe Nick does. If he did, why doesn't he post his trades on Zulutrade? He'd make an absolute fortune, and would have...

Hi CC Thanks for sharing your thoughts. On the surface, Nick's systems seem plausible, as does Nick himself (although I've also encountered his reluctance to answer probing questions - at least post sale!). And when you look on the charts, you see instance after instance where Nick's methods...

Thanks Ivanchourilov I'll illustrate my concern with that approach with an analogy. I toss a coin. If it comes up heads, I give you a pound. If it comes up tails, we get a computer to generate a random number between 1 and 10, and you give me that number in pounds. If the coin was unbiased...

Does anyone know of any good scalping books? I'm already aware of the No BS Trading manual referred to elsewhere in this section of the forum - www.nobsdaytrading.com (which I'd recommend, btw). Thanks Jeff

I'm trying to pursuade someone not to short the Euro if Greece defaults. IMHO, the response of the markets if that happens will be unpredictable. They might fall, but they might actually rise, depending on what the market anticipates will happen next. For example, people might buy Euros if...

Is it a viable strategy to offer money on both sides of the spread in a tightly ranging market, and exit ASAP if the market moves against you, taking advantage of the fact that very quiet markets are more likely to remain quiet than suddenly spring into life? Thanks Jeff

Is it possible for an intra-day trader to act as a market maker using a Level II ladder? If so, does anyone know of any good resources? Thanks Jeff

Thanks. Why is that though? Jeff