Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

forexpipcatcher

Members
  • Content Count

    14
  • Joined

  • Last visited

Personal Information

  • First Name
    e
  • Last Name
    a
  • Country
    Australia

Trading Information

  • Vendor
    No
  1. You wouldn't know loser and it's no where near 3 fool and if you ever in this lifetime or your next get to the 2 side I would open the gate for you
  2. I get it now this must be the losers forum i.e the dumb and dumber, hence why the 98% exist here, that's why you exist here and not out enjoying the spoils. I better go look for the other 2%
  3. Mitsupoofy you're even clearer ...once a loser always a loser hence your existence here right? Foums attract losers and more and more losers like yourself, like always your lack of intellect won't phase me you waste of space. By the way when you say all you are putting all the losers in your class right? lol Idiots
  4. I understand that your R:R needs to be accounted for as it should be but that is one of many factors but if you can predict the R:R then what I suggest is you take out some lotto numbers very quickly. The whole point of this thread which was started by that guy 1acdasd whatever lol is he tackles the market from a random point of view. He copped a lot of criticism but the fact remains he is perfectly correct and he pointed out how to tackle a random market if one is to achieve success but as usual all the losers bite at reality, and hence will remain losers. I have created software to do what he suggested simply because I believe what he said was correct way before I read this thread and it is so far going well on demo and will be going live with a real account next week or the week after. Now if anyone is interested instead of bragging send me a private message to see the results.
  5. linear as in your mentality or aptitude? and since you claim your dummies then no explanation is needed after all if you were successful you wouldn't need explanation you would be achieving results and the fact that you're here nagging and bragging clearly demonstrates your ignorance to trading and the lack off understanding you have towards it. Now run along dummy and do your boss wants rather than wasting time here... get another job if needed but don't go pretending to be something your not other than what you claim a dummy. Anything else scout?
  6. I'll agree that my maths don't make any sense to a non mathematician like yourself. And so will many logics because people like yourself lack knowledge of probability but think there are miracles out there that produce so much all the time yet fail to find them. That is called a dream... so you are good at dreaming I stick to the probabilities so my example of winning 5 consecutive trades was perfect. With regards to people being ahead with 50% that is likely and so is being behind with less than 50% winners. I advise you go back and revise your mathematics because I made It clear that if the probability of winning a trade was more than 50% then in a population you will END up winning and I would advise you use 1000:1 leverage if this was the case, but keep dreaming. Will any broker allow such thing with large trade size? Or will they monitor every trade you take and have special stops and protections in place because you can send them broke? They will take a chance with peanuts as long as they protect themselves but that's another story that you don't know about otherwise you wouldn't introduce the leverage path. If Hedge funds can use higher leverage to produce more they would, anyone would the fact they don't means something from the worlds best performers. To answer your reply of the chance of being ahead in many trades taken...The question is that winning a trade is it >50% chance or less? Since bias results will occur. If in one trade your chances of winning is low then in many more trades the chances will be even smaller is what mathematics tells you. So being ahead or behind is actually winning/losing, if you want to consider a basket of trades then do so as "one trade". You vision is very limited because you believe in things rather than have the knowledge and record that you desire which is great in the non real world. The brokers will stand to lose to the small fish as long as the end result favours them. I will tell you and any other person reading this what.. show me evidence of 2 years or more that you have made consistent money to replace your income not just a few dollars from trading and I will shut up and go and lick my wounds but guess what you are looking at a minority and very low minority (can this happen? YES but like I said a very low percentage) because just like the casino so many brag about winning but fail to see the big picture where they lost so much to gain so little over an extended period of time. So I believe the odds of making an income from trading is something like 2% (but still possible)... this is almost equivalent to being wealthy in society. Truth is if you have a winning system better than hedge funds the whole universe wants it and it would spiral out of control lol...You don't have to trade it just sell it and make billions lol
  7. I don't think it's random I know its random from a mathematical point of view, regardless what you think or I or anyone else thinks. There will always be someone who outperforms the market at any instance in which I've already stated that like the example of a casino, the thing is it will not always be the same person or body. Here's the trick Siuya, put yourself on the other side of the fence, if someone was trading with you as the broker and liquidator and was making money consistently what would it do to your bank account and fortune? What will you do to accommodate this? What if this person was making lots and lots from you? What will you do? Sit there like a dummy and lose all your daddy's money? Or perhaps you have a counter to this person/body making so much from you? I will let you on a little piece of info with no names mentioned... this was happening to a broker last year and the broker simply altered the MT4 lol, I'm not going into more/any details, this was the only way to ensure not much money is made from the trader. At the end of the month the balance of any broker needs to be positive otherwise they are losing money and declining and soon will go bankrupt. However, if the broker is making hundreds of thousands a month and losing 10k a month for you or another that's ok to them because the NET worth of the broker is positive, cashflow is positive so no problem. This is a business to the broker not a hobby and if they don't make money means they are losing money. The issue with speculators on forums is they look at the point of view of a trader only and hardly ever look at the brokers point of view to understand the business sense of the whole picture. I will leave you with a fact.... the best trader(system) in the world is hedge funds which only make about 30%p.a at best. That is your measuring stone. The rest are fiction... today some trader makes 5k and tomorrow or next month they blew a 20k account etc. You do want consistency which will need incorporated a very good MM and a well supporting your trading habits. Now last thing is you seem to think many will outperform the market right? lol mathematically here is something to think about I'm going to assume a 50% chance of winning a trade right? Which is extremely high and doesn't exist... if you traded 5 times in a row thats 0.5 x 0.5 x 0.5 x 0.5 x 0.5 = approx. 3% chance of winning for an UNBIAS SYSTEM, so imagine taking 100 trades. Now does anyone want to know how to make money from a casino to beat the odds? But if you get banned don't blame me lol (P.S it is legal and they will change the rules if they observe you doing it, how do I know this? They did it to me! . This will happen!) If you want a similar system in trading do come and ask me. I'm just a mathematician!
  8. You're kidding right? Since the market is random and not systematic due to it being a population very little people make CONSISTENT profit. They only make money in demo and in their heads. The market is no different to a casino, the majority lose and someone wins is it always the same one? No except the casino they always get their few percent cut no matter who wins!
  9. I forgot to fully enlighten you... flipping a coin has two outcomes just like price...UP or DOWN they are both linear if you take the time out of them. Anything else you would like clarified?
  10. Also I forgot to add it can NEVER BE 50/50 not while so many other variables are at hand... no offence but you have no idea about probabilities. I would trade if it were 50/50 or more because the GAME will be fair lol Think of it this way once you enter a trade you go straight to NEGATIVEEEEEEE, you never start at 0 or in the positive which means you have to make up for the negative percentage before you can be positive. Come to my lectures I can show you only one instance in a casino where you can turn the odds to be in your favour and even then when I applied it they changed the rules lol. i.e IF the odds becomes in your favour they will change rules which could be increasing spreads, delaying trade entrance/exits slippage etc. In the casino they limited the betting amount. Damn it! When trading you are trading against either the broker or usually the liquidators of the broker. If you lose they make money. If you win they lose money. The reason they are the brokers liquidators are because they expect accumulative returns right? If there were so many winning traders would the liquidators stick around and lose all there money? Learn about the business and it's operation. Learn about how and what they control and what you can control. Is it fair? Are the odds ever in your favour? There is one way to make CONSISTENT money from trading.....I'm sure many worked it out... it's not the traders and they can show you many years history such as I.B
  11. No linear has nothing to do with it. Everything has time base in it some price with time others binary results with time. Before you bag me I suggest don't brag and learn your probability since I am only stating mathematical possibilities and you lot are only bragging rather than having the full mathematical understanding.
  12. I've already said that...re-read what I wrote
  13. I'm not having a go at anyone but clarifying several things from a mathematical perspective but do correct me if you know Im incorrect at any stage. "Still, even mathematically random principle says that over time can earn half the time and half the time you can lose - regardless of any strategy" Hmmmm not true! if you were a mathematician you would know odds are against you! In a Roulette wheel your best probability of winning is about 46%. Hence why casino's exist! You forgot that a ZEROOOOOO/GREENNNNNNN is placed there! Mathematically that 1acb guy is purely correct that if a trade taken it is purely random and not mean reverted because to have a mean you are referring to having a sample and not a population. In trading you can't have a sample (unless it's in the past). At any given time your probability of winning a trade in a POPULATION isn't 50/50 and can never be 50/50 because other variables/factors come into play and vary most times such as size of win, spread, slippage etc. If it were 50/50 I have a series to use to ensure you always win but that's unrealistic.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.