Recent content by moog

  1. M

    Quiz

    Joe's profit averages out to 1% per trade. He gains 3% half the time and loses 1% the other half. 3/2 - 1/2 = 1. A quick compound interest calculation in Excel tells me he will be a millionaire after 463 trades, and amazingly, he'll be a billionaire after only 1158 trades. One thought that...
  2. M

    FinSpreads

    The DOW dropped 50 points just now, guess what, phone trades only... They suck you in with 8 weeks penny practice time, but what they don't tell you is that unless you bet in pounds then you can't place a stop or use the phone trading system to take profit when they lock you out. Once my...
  3. M

    FinSpreads

    Has anyone else had problems with the new finspreads site switching to 'phone trading only' intermittently? (It usually happens when the spread is in a profitable range for me :-/ )
  4. M

    Historic IntraDay Dow Jones Charts

    you can download this data from www.dukascopy.com in csv format, just follow the data feed links on the left hand menu. They store 3 months worth of per minute data, but you can only download 10,000 data points at a time (about 6 days) so it's a bit tedious.
  5. M

    reading study...

    You are on the right track fudgestain. Hebrew words generally need no vowels to space out the sounds. So Yahweh (God) is spelt YHWH, but they still had vowels like A and O which I whink were mainly used to start words with. BTW I'm not Jewish and I don't speak Hebrew so this is all IMHO, I...
  6. M

    reading study...

    The ancient Hebrew alphabet starts with an A, so maybe not...
  7. M

    Advice for a beginner...

    Wow, thanks Jimmy. That site looks excellent and perhaps will provide me with the ability to forward test while I'm working :)
  8. M

    Advice for a beginner...

    A quick question regarding trading while working full-time: how? :) I can't trade during UK hours because I am at work and I don't generally get any time till about 8pm in the evening... My plan is to get part-time work before even starting to trade, but if there's another way...
  9. M

    Advice for a beginner...

    Steve, "i promise u that the very fact that u make that statement is a real proof you would get wiped out" Hmm, you're gonna have to explain that one. Given that I only ever risk a max of 1% and I walk away after losing say half my money, how is it that I can get 'wiped out'? Unless by wiped...
  10. M

    Advice for a beginner...

    Thanks, that's a great help. As for the money, it is simply not possible for me to get wiped out, as my risk would be minimal and I would go back to the drawing board if it doesn't work. Why do you say backtesting is an intellectual and technical nightmare? Maybe I am missing something, but...
  11. M

    Advice for a beginner...

    Thanks for all the advice. I know the risk, but I don't see why you think I'd lose all my money. Sure I might lose some of it, but if my strategies don't work I'm not stupid enough to continue... I have backtested some of my strategies and both my EOD and Intraday runs have shown a profit...
  12. M

    Advice for a beginner...

    Hi, I've been lingering on this board for a while now soaking up all this amazing info. I started to look into investment due to claims from a friend that neural nets could predict stock-market moves (I'm a software developer...) and to be frank trading looks like a far more interesting career...
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