Recent content by sethmo

Actually, there is, try: www.babypips.com

Ja, I'd rather take a 10 point sprung stop kick in the nuts, than a hope-it-will-bounce-back 100 point shot in the head any time. I guess that's why I'm more drawn to a more mechanical system. I know when it stops me out of a trade, it's for a good reason, the very reason I set that stop there...

If you're using Amibroker: https://www.amibroker.com/guide/h_timeframe.html

I'm sure there is a lot of information regarding what you're asking on this forum, however, I'll humour you. A few tips: http://www.trade2win.com/boards/first-steps/ The first three stickies should be really useful to you. Other handy tips you'll probably see on those stickies that you...

Well, that's why it's called a stop - you're supposed to stop! I know, I've been there, man. I know it's a cliche, but if you keep getting stopped out, maybe look at your system again. Like I've noticed with a lot of systems I've developed, a system that generates a lot of trades, that you...

Had a good giggle reading through some of these stories, not because I'm laughing at the author, but because I've been there. The two most memorable for me were when I was still fresh to trading, I played with binary trading. Practised a little on the demo account (for about a week -...

It also makes you appreciate the power of the human mind in making decisions and seeing patterns and how translating that into code is near-impossible. But it's a satisfying challenge. Are you going for a full automated system?

The saying's a rehash of "Buy Low, Sell High" that I remixed from retail theory. I come from a business background, so when I design or evaluate strategies, it gives me some foundation to work on and a measure of success and it gives me a concept I can understand from the get-go, rather than...

My personal philosophy is, "You make money when you buy (enter long/short), you get paid when you sell (exit long/short)."

To expand on your concept, there would be no edge/secret/way of making money if we ALL traded the exact same strategy on the exact same timeframe in the exact same way! Variety of personalities and styles in the very many combinations that exist will always create a gap somewhere in the market...

:clap: I, like every other trader, have searched for the holy grail of indicators and indicator combos. I'm for the price action approach, I'm for the indicator approach. One thing I've noticed in both approaches, is that simpler tends to work better. So long gone are the days of the Triple...

Any time. Actually (this is me personally), I'd advise you to post your trades, not the system, but real trades. I plan to, although, not real-time, probably on a blog at the end of the week. One, as a journal, and second, for any aspiring system developers out there. I'd have loved to see...

At the risk of adding fuel to a rather useless philosophical argument (I'm in the mood to sh*t stir): Solas, while there may be nothing new under the sun, there are still gaps in knowledge that exist. All those people you mention use what works, it does not necessarily mean that they've...

I beg to differ. A tool's usefulness is determined by the user, not the tool. If you use a hammer to paint, it's not the hammer's fault you chose it and did a bad job. I use indicators, for example, but in a way that suits my personality and trading style in a way I haven't seen on the net...

I'm in a similar situation as you. Although, I've been asked a few times by people I meet whether I'd consider selling it - my answer is, "Not until it makes me a billion dollars, then I can sell people an actual system that actually made a billion dollars!" :clap: Much like Vasco said. My...