Do you still believe in the perfect trading system? -
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thread: Do you still believe in the perfect trading system?

  1. #271
    Junior Member Irleensaanchwz's Avatar
    3
    Time alone is not a sample. A month might be rather significant for a scalper, and 10 years may be nothing for an extremely longterm trader.
    Yesbut you got the notion, right. What I mean is that I've occasionally seen people telling they've discovered a fantastic system simply because they backtested some transactions.

    Sorry, I'll be far more specific next time.


    There is no randomness in the market.
    Okay, I'll be more specific, like previously.

    I ardently think that almost nothing in this world is random, and I say almost because there might be something that it's really random and I've just not known about it yet. If you know the specific variables and their values, you could always calculate what is going to take place.

    The Exact Same applies to the market. You might actually predict every motion the market does, but it just has TOO many variables that you just can't place them all together into a formulation.

    This is where its randomness come from.

    Like I said, I'll be far more specific. I said that it's ALMOST random. I don't understand how to measure randomness, but I believed it would be clear enough.

    The nearly randomness I'm talking about is that we can experiment a rally of 2000 pips every moment. It may happen. The market could stay still for 13 minutes just at this time. Who knows?

    If the market was not that random, more than 5 percent of the traders would earn money with the market. And I state that 5% of the traders that actually earn money, are the individuals who actually understand that non-random region of the market.


    Being able to view the trades is more useful, but your suggestions also work if providing we have an ounce of ability.
    SorryI didn't get you on this part.

    The market is not nearly random, and is not nearly 50-50.
    I explained the thing about the randomness above.

    Today, about the 50-50. Then what's the ratio? You might say It is dependent on a lot of variables to determine the ratio, after which I would say afterward, the most sensible thing to do is to simply take the only well known variable we have: the market only rises or only drops, then the ratio would be 50-50.

    You could also say it depends on how's the market acting, if it's going down, the most secure thing to do would be to market. But how the hell are you going to understand what the market will do precisely after you place your transaction? Maybe you see that the market is heading down, which means you place a sell order. You place also a 50 SL and a 50 TP. The market could move up 60 points and fall for 300 points. You're right, but you couldn't predict the market was going to catch up 60 points .

    The RANDOM role in ALMOST RANDOM means it might happen whatever from the market at any given moment. The ALMOST part means we could be quite certain the market isn't going to rally for just one million pips for the next 2 seconds.

    It's the greatest system for you, that you've discovered.
    Oh my God, are you angry or something? This is only like, whenever someone says guy, this really is the very best metal band EVER and you say ya, it's the right for you. That just doesn't sound polite.

    I believed it would be clear that... well, clearly it isn't the supreme strategy. If it was, everyone would be thanking me personally and I'd find the market nobel prize.

    Additionally, that you have so far noticed part really made me feel awful. It looks like if you were telling me ya, you've been trading for 5 minutes, and that's the best you've got so far, fantastic try though. Maybe you'll say something like I didn't mean that, don't take it private, but I simply don't expect somebody with the word humble in his signature to state something like this.

    I also expect you to realize it's evident that everything being submitted on this thread will probably be relative to every individual, and not complete. Each individual has it's own trading style, some folks like to scalp, some others like to utilize mysticism to commerce, I don't understand. And all these approaches will probably be felt like the greatest system for them. We are going to get excited about what we have worked and learned, and try to convince others because we would like to HELP OTHER PEOPLE.

  2. #272
    Junior Member Irleensaanchwz's Avatar
    3
    I simply thought about just a small experimentation to describe my notion of market randomness. I will post a thread about this following this post.

    Imagine the following:

    When I toss a coin and it is heads, I buy. If it's tails, I sell. I create 1 trade each day after this rule, together with 10 TP and 10 SL. I don't see a chart.

    How many pips could I make at the end of the year? Who knows right? But let us think that I lost X number of pips.

    Booo!!! See? You lost cash!!! It's not 50-50... however... what might have happened, if another person did the exact same transaction, but in opposition to mine. When I bought, he offered; when I offered, he bought. He'd have won right?

    Who will win in the long run? WHO KNOWS? This smells like arbitrary to me.

    Today... here is the interesting part about this randomness... the almost part in ALMOST RANDOMNESS... When it was the EUR/USD, I would say the one who took the most buy transactions would get a better chances of winning. When it was the USD/JPY, I would say the one who took the most sell transactions could get a better chances of winning. Why? Because the EUR/USD is known for it's uptrend strenght, but you only know that because of a fundamentalist fact. In the instance of the USD/JPY, this is because the yen is always becoming lower and lower cause Japan needs a cheap currency... hmm... actually, invert the thing together with the USD/JPY, for a moment I thought it was JPY/USD instead of USD/JPY.

    That's my notion of market randomness. There is a random part, and also a predictable part.

  3. #273
    Senior Member Tataylo's Avatar
    435
    Can I think in the system? One having a 100% win rate, or generates a consistent profit, with zero risk? Of course not.

    Is it possible to trade profitably? If there's at least one trader who's reaching it, then of course it's possible.

  4. #274
    I just thought about just a little experiment to describe my notion of market randomness. I'll post a thread about this.

    Imagine the following:

    If I toss a coin and it's heads, I buy. I promote if it's tails. 1 trade daily is made by me following this rule, with 10 TP and 10 SL. I don't watch a chart.

    How many pips could I make at the end of the year? Who knows right? But let's think I lost X amount of pips.

    Booo!!! See? You lost cash!!! It's not 50-50... however... what could have occurred, if a different person did the precise...
    In the trading scenario even the other person could lose money, both of two would shed.

    There can be a close 0 amount (marginally negative for prices like disperse and exchange ) only if the traders in the example always use the exact same lotsize and have a balance big enough to afford the up and down of trading.

    But in fact, the further your accuont grow, the further the lotsize you use accordingly.

    So, following a few wins and balance growth a trader would higher the lotsize, or perhaps more important after x losses the lotsize will be diminished.

    Now, trader a did lost 30pips till today, and trader b did create 30pips.

    The thing isthat if you loose 10 percent of the acct you will trade littler lotsizes (also it will be even worst), and to recover the 10 percent you should made much more pips than you losed to eliminate the 10%.

    Trader b is a lot better, and he now trade larger lotsizes.

    Then trader a beginning making 30pips, and trader b loose 30pips.

    At this time trader b will shed all the previous profit and bring the account on a reduction (less balance prior to the beginning ), and trader a will have make profit from that 30pips but not enough to let the account return on green.

    Result: both in red

    At the conclusion, all two will finish the cash, trading a 50:50 probability market.

    Even with 50:50 nobody profit.

  5. #275
    I believe that anybody can learn and trade forex successfully because this is just like any company, I believe that anybody can create a rather large accuracy profitable system, but Perfect Trading System is just words that novice traders like, keep in mind that'Nothing is perfect', Forex is art concerning the way to losing, not about winning as far as possible. If you do not want to give away your money on any trade, so don't presume that market will Provide you any Fantastic opportunity

    Regards

  6. #276
    Junior Member Server's Avatar
    1
    Hi all, after many years of gambling, some question come to me, and it make me really curious about what other people believe.

    Be honest, tnx
    I don't feel that there is the perfect system. You can discover a lousy system, a fantastic system or even a superb system, but there will not be a PERFECT one. The main reason is that markets are shifting all the time, and a system that worked 5 years back, doesn't necessary works now. I think that trying to discover a perfect strategy is a complete waste of time. For me, any system that makes my bank account grow is ideal. Bear that in mind.

  7. #277
    Junior Member Ana_1999's Avatar
    22
    I must confess I looked for the grail and I started trading with the concept of getting. This desire to locate it kept pushing me farther each time, although it never occurred. Falling that I started to find things that worked and did not.
    You should have the desire in wanting to learn, exactly like the first time you ride a bike you can't tell me you did not fall more than once... but you got better, right? You wanted to prove everybody including yourself which you could also perform at their level or better, and of course how much pleasure it would be.

    We have been brought up in society which when something works, it has to work all of the time and we automatically relate it to achievement. This is were as most know nothing is 100 percent in trading trading is different.
    My definition of a perfect system is self-study. Knowing your limits and you are into this career. Profitability has nothing to do with a gain but with what you need out of this market and you picture yourself.

    There is lots of talk about technicals and fundamentals, but have you noticed how small hype about self-analysis there's?

    S.

  8. #278
    There's lots of talk about technicals and fundamentals, but have you ever noticed how little hype about self-analysis there is?

    S.
    How little? There is so much talk about self-analysis and developing plogy here on ff, that it makes me puke.

  9. #279
    Member Fuark's Avatar
    41
    How little? There is so much talk about self-analysis and growing plogy here on ff, it makes me puke.
    Did you create an analysis on why you believe this way? Bear in mind the holy grail is YOU. blah blah blah. herp derp derp. plogy... koolaid... weeeeeee.

    It is fairly obvious that the ones that encircle the self-help mantra's without backing it up with some thing of material simply don't have anything to add. Mouth-breathing at it's best.

    Self-help is fine. Strengthening and self-delusion ignorance isn't.

  10. #280
    Member rheny's Avatar
    40
    I don't believe in Holy Grail. I believe in profitable trading systems.

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