systems are used by amateurs and when using systems based on junk , those 6 tick stocks get taken out more frequently , traders end up with more and more losses , hence 95% club .......this bs about optimizing noise is false beliefs.You can not optimize noise and wind.I guess the 95 % club follow your beliefs. How can u apply junk science , based on past ,to trade noise in day trading?How can you optimize noise and wind using junk unreliable science ?Provide some evidence.
Why are they not selling these indicators based on t/a , why are they giving them away for free , are they worth any thing?are these indicators not based on t/a?
Why are they all selling books , courses ,systems , software etc in this gold rush?Can't they get the gold itself using these tools? Brannan never looked for gold, but selling shovels, picks, and supplies to the wide-eyed miners made him Californiaâs first gold-rush millionaire. His store was selling as much as $5,000 a day (about $140,000 in 2008 dollars) in goods to the miners. Did all the miners find their âpot of gold?â Not a chance. Most of them wasted time and meager resources only to return to their original homes, poor and discouraged. Brannan made money from them all â whether they found gold or not. http://www.cbn.com/finance/miller/goldrush.aspx So exprt is going to sell a course/s on technical trading?
How do you know that's false? Because of your own failure? Is it your "proof" that nobody else can do it too? Can you beat or even remotely reach Bolt's score in running 100/200M distance? Does it prove nobody can do it? Think brother Oily, think better to catch your false beliefs which hold you back in pathetic state of consistent losing. You just called any action based on statistics a "junk science". Trading is not unique in using past data to predict probability of future events. Once again I ask you the same question: do you call whole theory of probability "junk science"? I recommend you watch "Moneyball" movie, it is based on the real story and will be very educative for you. As for the evidence, I provide it literally every day, if you ask politely, I can still make you real money, not imaginery 40,000 pips you dream about.
Got it Oily! I found this amateur offering junk systems. He's so off his rocker he's offering 40,000 pips and a no-loss strategy. Is this good junk, or mad junk, or do I even need to ask? https://www.google.co.uk/#hl=en&sug...pw.r_qf.&fp=ff301ef4d48490c5&biw=1680&bih=918
I m so bloody stupid to try and trade using t/a ,and offering free t/a based systems.It would be easier to set up websites and sell courses and scam noobs , the only profitable trading strategy.How come I did not think of it?
Not the only, brother Oily, not the only... But you once again expose beliefs which limit you... You must accept the reality of trading, believe in those basic concepts which make a profitable trader and start learning from scratch. Then you'll have a chance to achieve consistent profitability too.
If your system is so good , why bother with a tiny stop?Infact wider stops are known to make good systems more profitable , because of spread re-entering and relative cost of trading.
Known by whom? I don't use "tiny" neither "wide" stops. I use optimal stops, which statistically make the most sense. If a given signal statistics shows, that 6 ticks stop is optimal, such stop should be used, because it makes the most sense. Optimal stops are integral part of the winning system. Change stop from 6 ticks to 60 ticks for a certain day trading setup and you'll get a very ugly equity curve if it stays any profitable at all.