Have you looked at probability distributions for markets other than FX, or is there something about the currency markets that make them distinctive?
The IQ of the average retail Forex trader is massively below average, it's clear from reading trading forex threads. Therefore, it's easy fishing for scum stealth vendors.
I am aware that retail FX is a honeypot for many vendors, quite true! But my question to TRO still stands. I don't know anything about TRO's track record in trading, but he is legendary as a programmer. If probability distributions for other markets besides FX show a skew in the distribution, that would be interesting to hear about.
I could not agree more. It's the primary reason why I have stopped following most fx threads. Especially "how forex trading can make you rich" one, it's really bad. Guys there who keep posting the same BS over and over, I feel like seeing dump and dumpers.
Nowdays, all financial markets are highly correlated. So, there is less benefit from divesification perspective. I think you're talking about price points where there is excess selling(buying). There are more than one way to find out that. In my first, PhD research on us commodity futures market, there is excess selling(buying) above/below round numbers. And my results confirms the previous studies' finding on US stock market. Anyway, long sentence to a short one, you can find that skew distribution in almost all markets. Soon, I will be able to find out correlation between markets. My second research is about systematic market efficiency. For that, I will have to use data from all sort of financial markets e.g stock, derivative etc...very scary seriously that I have to deal with such a huge data
Why would any well accomplished trader want to visit to E T and waste his time , reading 50 new threads from a bunch of forex rebates goons , these goons are sponsored by forex bucket shops saying FOREX WILL MAKE YOU RICH FOREX IS PROFITABLE FOREX CAN GIVE YOU A GOOD INCOME Why would intelligent traders want to waste their time here? lies on demo trading
I am an information hunter. I can utilise information that ET traders talk about and by coming here I can overcome selection bias. TA without fundamental information analysis is simply a gambling in the long run.
Easylanguage programming for very complex indicators (that I looked at many years ago). You would have to be a Tradestation brokerage customer to be aware of this.