This is a daily mashup trading method for foreign currencies and metals. It can also be used for stocks or other commodities. Its a very simple method that has a very high success rate. It is a compilation of things I have learned over the past two years about forex trading and I'm giving it away. For most of it I got for free by hard work and studying. I've learned so much here and even though I haven't achieved millions I know I am on the right track.
This method takes about twenty minutes out of you day and is performed between 5 and 7 pm Eastern standard time (New York time) On stocks it can be applied to opening bell of the market that stock or option participates. I do not watch stocks so i do not know a lot about them as well as futures. I know mainly spot currencies and metals.
The CFTC has made grid trading difficult with its new margin requirements. That along with my current employers disdain for me seeking profit outside of its corporate bondage has forced me to come up with a quick and simple method of trading currencies that does not require a lot of time.
This is a mix up of things I have learned form the following people:
mp6140
The rumpled one
James 16
FXCM training course
Verb theory
Maxfactor (a great guy and a true friend)
"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.
The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."
This method takes about twenty minutes out of you day and is performed between 5 and 7 pm Eastern standard time (New York time) On stocks it can be applied to opening bell of the market that stock or option participates. I do not watch stocks so i do not know a lot about them as well as futures. I know mainly spot currencies and metals.
The CFTC has made grid trading difficult with its new margin requirements. That along with my current employers disdain for me seeking profit outside of its corporate bondage has forced me to come up with a quick and simple method of trading currencies that does not require a lot of time.
This is a mix up of things I have learned form the following people:
mp6140
The rumpled one
James 16
FXCM training course
Verb theory
Maxfactor (a great guy and a true friend)
"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.
The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."
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