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Re: Trading XARD system (Christmas Setup)

josi, Wed Apr 08, 2020 5:34 pm

ImpLaNT wrote: Wed Apr 08, 2020 3:46 pm
   And I would like to say once again, that trading on major pairs and crosses, which include instruments of about the same value in relation to the dollar, is extremely difficult and inefficient! That is why instruments with a high ADR value are selected, and if crosses, then only with a maximum spread of the instruments, included in their composition. For example, GBPJPY - expensive in relation to the dollar, GBP, and cheap JPY. This condition provides cross good volatility.
Sorry to interfere once again - I apologize right from the start:
I should have kept my mouth shut - but these are pure claims - no real reasons given. Strange for a self-proclaimed logical-scientific person.
People - I mean, really, really lots of them - trade for example EURUSD because it has minimal spread - they tend to counteract less volatility with an increase in Lot-size.
Al Brooks has written three books on trading:
a) Trading Reversals
b) Trend Trading
c) Trading Ranges
I wonder why that is.
If someone repeatedly tries to trade an obvious RANGE using a trend trading method/system one does start to wonder how scientifically logical that can be (it's a bit like playing tennis with a golf club) and if he ever took the time to differentiate clearly between the three.
The market does not care about your system - it just does whatever it does. The market does not care whether you like your system and believe it to be logical (it may or may not be so). The market does not behave in a logical fashion - it just does what it does.
If you want to succeed you have to adapt your system(s) to the market.
I hope this is my last contribution!
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