Kreslik.com - traders community since 2006

As far as I understand it Michal pops in from time to time. He is busy managing his proprietary algos (strategies) for a major hedge fund. He has a standard non-disclosure agreement and naturally can't say much about how he trades. I don't know the exact nature of his trading but I suspect it involv...

thanks a lot guys, that helps. You were given gibberish. You shouldn't thank for this. Several links and a near essay on things to look for don't constitute as help? For FREE advice on an internet forum I'd say it was pretty useful. I'm sorry you don't SEE the use in having a horizontal line (simpl...

Hi Tex - thanks for posting - you are not alone in making a few mistakes - it's all part of learning I suppose. I got stopped out first thing this morning on a GBPUSD and clawed my way back with several one pip trades and then the following EURUSD trades. when I was stopped again on the last one. I...

Ok, so I lost 9.6 (which prompted me to write the previous note) and then proceeded to gain 10.7. I really should have been stopped out on the second trade because price went more than 10 pips against me, but my SL includes spread so it was about 12.x. http://kreslik.com/forums/userpix/11296_got_10...

I think you may have misunderstood Michal. They are his client not the other way round. As far as what you need to do this? You need automated algos that can mint so much money the Bank wants to buy/lease you and your knowledge. Or as Michal told me a couple years ago very succiently... You must KNO...

Pretty much AJ. And yet his website (I assume it was his) was clearly selling stuff! And yes on the internet no one will believe unverified (probably photoshopped) account statements. However, I might believe an audited statement from a top 5 accounting firm or a phone number to your broker (assumin...

Ironman sounds like another wannabe Guru complete with scammy sales website. Selling another magical girl blackbox wonder child no doubt lol.

Nothing new under the sun.

It's not often that I find anything on trading websites worth mentioning. Most are about more indicators. Do we really need another golf club to improve our swing? This article is an exception: http://www.eminiplayer.com/2009/06/learning-to-become-successfultrader.html "..When adversity strikes...

Along these lines I'd say that trading knowledge is largely tacit. Books will only take you so far. Can you teach someone to ski, surf, or create great paintings through a book, forum, or static picture? Of course not. Trading is the same way. That is the Art of Trading.

Zen,

You make a good point. Perhaps it is time to move to eastern Europe?

Any suggestions?