Recent content by RolloTape2025

LMFX is not regulated. That means your deposit is not even secured. I think that is enough for anyone sensible to avoid

Let me reverse the strategy. So now I buy at yesterday's low, I set my profit target at yesterday's high, and I use a stop loss that is the length of yesterday's bar What things conceptually are better and what are worse?

Hi 1nvest, not intending to knock Tom or anyone, just discuss a strategy. It is the strategy and nothing personal to him that I am questioning. You ask whether those same concepts will be in any strategy (paraphrasing a bit here). No For example, a rule of a trading strategy could be: Never...

So then what is good about the system? It enters in the direction price is 'recently' moving. It enters at lower than yesterday's low, therefore traders might now be willing to accept lower prices and therefore it may go lower and lower. These are good things conceptually. If it breaks the...

I think it is good to challenge the 'concepts' of a system. If we adopt the plan mentioned, then it is possible that we enter a sell order just below yesterdays low with a stop at yesterdays high. Let's say for example that is a 1000 point range. And then the system tells us to exit at the next...

Answer is yes to the backtesting and no to the 'just curve fitting'. If you are curve fitting it sounds like you are adjusting settings to try make a system work. Which is ok, but also has to be tested out of sample, right? Second answer is that some things are not easily backtestable but still...

In a simple way, there is one thing that all traders care about, and that is where they entered and the profit or loss of their current position. So price itself is the thing that everyone can see and care about, and highs and lows are something that everyone can see and care about. That is why...

Can I argue with you, but just for learning or discussion, not to create antagonism? There are certainly systems that can work that buy at the high. But they don't necessarily work because you bought at the high. When you buy at yesterdays high, you are buying at the absolute worst price from...

Yeah definitely some market wisdom from you there tomorton. Unfortunately I tried to trade these markets, and didn't go too well :)

I think sometimes it is ok to realise there is massive (Trump) manipulation going on right now, and maybe the setups aren't great. But might still work

Thankyou steven, I think it is helpful to see how you do it

Thanks for your work. If it isn't too rude, could you change the way you present the trades into something that is clear where entry, exit and stop loss are? Sorry to be a pain :) but I think it is more beneficial for everyone

What are the backtest results on this?

It is quite wild right now, and Trump is indeed annoying

Hi guys, I am probably misreading the rules, because the first rule seems redundant to me, the second rule seems to imply the first. What am I missing?