Kreslik.com - traders community since 2006

1) It's not necessarily the point about the spread where the problem lies, sure he threw that in there but the key I pull from this bullet is in making your trades count. I see numerous people scalp, make a little, then give it back all the time (plus some usually). I know your style is to scalp TRO...

12) Trading Too Short-term - If your profit target is less than 20 points don't do the trade; the spread you pay to enter the trade makes the odds way against you when you go for these tiny profits. 13) Picking Tops and Bottoms - Looking for bargains works well at the supermarket but not trading fo...

cvax hit the nail on the head. There is a huge difference between those who are truly qualified to profit from teaching others, and those who teach as a way to profit because they can play the part. Of course i'm not throwing soultrader into either one of these categories because I have no knowledge...

My question to you is this: Why must professional and talented traders create a business out of teaching people how to trade? It seems to me if someone truly had knowledge and they also wished to pass this knowledge along, they would find a way to do it for free. Otherwise I personally would just ta...

Downrivertrader, I think here at Kreslik.com we are more subject to the method of accepting other people's ideas and modifying them further to incorporate into our own systems when we understand what drives the idea in the first place. This helps you out also because 2 or more minds are always bette...

Hujer: If you used a $100 PT and a larger than $100 SL your system is definitely going to present negative results because everytime you lose you have to win twice to make up for it. This screws with the statistics. It is also my opinion that this system can not be traded mechanically. There are man...

TRO, I understand where you're coming from, and I realize the form of your statement. But just as Michal's statement is not always right, it is not always wrong either, that is why I say this is a clash of the literals. There are examples where changing the stoploss affects ALL outcomes and doesn't ...

I think this is just a clash of the literal use of the definition of changing your stoploss changes the outcome. You are both right depending on how you state it. Michal is examing the system's outcome over a lengthy period of time, I would guess at least a month or longer for daily trades, shorter ...

I've thrown real money on it. It works but doesn't really fit my trading style. You definitely have to cut out if you even think the trade is setup against you because you're usually right. If the trade is going to be profitable, it will do it smoothly and relatively quickly. If it hangs around the ...

Looks to me like you're using SRDC, if that's the case you had correct entries. If you were using $Trillion, according to my chart, your GBP/USD buy would have turned out in profit instead of loss.