Know your opponent

[bredin]

because many of the trading programs are neural nets.....

G.

[genlogins]

The article about entering and exiting within a few seconds makes sence.

Because, When I use to have a demo growing constantly at just 0.4 of a pip TP. Yes, 0.4, constant winnings that raise my winning to losses ratio from 70% loss to 98% winnings.

I have tried on the Real account but, being afraid sets in. And it makes all different.

[Humble]

"SilverArrow00
Why are we then talking about phych lines??"




I didn't know we were, I thought you had been talking about the identity of professional traders.

[SilverArrow00]

I would sure like to here more about those neural nets in trading.

[eudamonia]

Because any type of artifical intelligence in trading is artificial and ultimately based on human psychology.

Fear and greed still rule the markets, day in and day out. Computers don't change that.

[ZEN]

So.. being a true tourist regarding forex trading, I thought I would invite for a discussion about who is actually trading this market.

The two categories are: Professional & private.

The private dudes include folks like me (tourist) and TRO and MO and all other people posting at this site + like 100 times more people lurking and not posting, no need of discussing that.

But the professionals? Who are those cats? How much of the volumes are caused by them versus the private traders. Whos money are they trading with? Am I missing a category here..

Let's shed some light!

Dear silverarrow, read all the posts of TRO and MO and other people of this forum and you will see the light of forex and eventualy you will learn the most of human psichology and other scientific things of life and you will learn the most about your self. Do this, otherwise you will learn nothing. After 3 or 6 months of reading you will have all the answers you were wating for your entire life.

Best regards!!!

[ZEN]

And this morning (GMT+2) from 9.28 to 9.47 I've just made 1715$ on GBPUSD.
My edge!? I realy do not know. All I know is that I wake every morning and I do my job. That's it!!!
And for today I've done my work. Now I just enjoy the rest of the day.

[ZEN]

For SilverArrow00:

And just a little psichology.
Once, Tro asked about the edge, but he knew why.

You asked about an edge. What edge? What edge? There it's no edge!!!
If you think or start to think about the edge you will never winn, you will never do something, you will never play any game. If you think of edge you will never winn any game, any war.
It's all about the game. You go and play the game, THIS IS THE EDGE.
You like football, you go and play, you like baseball, you go and play. You like something you go and do that something. There it's no edge but the life it's self.
Go and play! Enjoy the game!

[tfg]

Zen, do you trade RAT? Or, some other methods?

For SilverArrow00:

And just a little psichology.
Once, Tro asked about the edge, but he knew why.

You asked about an edge. What edge? What edge? There it's no edge!!!
If you think or start to think about the edge you will never winn, you will never do something, you will never play any game. If you think of edge you will never winn any game, any war.
It's all about the game. You go and play the game, THIS IS THE EDGE.
You like football, you go and play, you like baseball, you go and play. You like something you go and do that something. There it's no edge but the life it's self.
Go and play! Enjoy the game!

[ZEN]

Zen, do you trade RAT? Or, some other methods?

For SilverArrow00:

And just a little psichology.
Once, Tro asked about the edge, but he knew why.

You asked about an edge. What edge? What edge? There it's no edge!!!
If you think or start to think about the edge you will never winn, you will never do something, you will never play any game. If you think of edge you will never winn any game, any war.
It's all about the game. You go and play the game, THIS IS THE EDGE.
You like football, you go and play, you like baseball, you go and play. You like something you go and do that something. There it's no edge but the life it's self.
Go and play! Enjoy the game!

I do not have any specifical method. Today I was not a rat. There are many good methods but it's not the method it's self who make money for you but it's how you aply this methods.
Some times I just wach the charts and I see that I have to go long or short. I only know one thing: what goes up must come down and what goes down must come up.
Some times I use some signals but not alone. There it's another rule I use: the 4 week rule. I don't trade every day. I don't use indicators of any kind.
Pacience is another name of the game.