razorboy

your level of insight and analysis is, to say the least quite astounding............

what exactly would that settle? That Avery knows how to trade? Straight and to the point, when I started trading about a year ago, I used a lot of TRO's indicators and lost a pile of pips (thank god for 10 cent pips), but it had nothing to do with TRO's indicators, it had to do with how I approached the market and getting my head around trading. Did I think right off the bat that TRO's indicators would make me money instantly.......of course I did, but that is because I was clueless about trading and had to learn it myself, it had nothing to do with TRO Any money I donated to him was money well spent on my education and while I do not use his indicators much any more, they were important stepping stones along the path to where I am today. Take his indicators, build a system/approach from them and back test it or maybe you want him to build a system for you too. This is not rocket science, its grade 5 math.

I really hope the structure of your argument is due to English not being your first language rather than your level of insight and analysis....... Excuse me while I go take out my frustrations revenge trading.................

Dude, You so figured me out. Its like we must be brothers............... TRO gives people some tools.........and some people figure out how to use them. As far as having many losses.......ya, you are right tons.........depending on how I'm trading, sometimes it gets up to 80 percent, but with an average payoff ratio of about 13 to 1, I only have to be right about 10 percent of the time. I am sure if you ask TRO nicely, he will program a neural net for you.......... Thanks for the laugh Razorboy.AKA.........the biggest loser...........

That's like blaming Santa Claus for bringing you a gift you didnt like or didnt know how to use. Until you learn to think in terms of probablities, no system/indicator in the world will make you a better trader. You would be better served reading up on mechanical trading systems, understanding how they are evaluated (a breakout system, a mean reverting system) and implementing those rules in a systematical manner. It all comes down to win/loss ratio, probabilities and realizing how few good entries their are in a 24 hour period, even on the 5 minute chart. Newbies have to get their asses kicked.........its part of the game....you either figure it out or you don't. At some point you realize that this game is exactly like counting card while playing blackjack or you come to the conclusion that you will never win. Calling Avery irresponsible is misguided. You just think he should be feeding people pips.....

While I have noticed a few of you have tossed around the term "high probability set up" but has anyone actually looked at the EV of this approach? Without systematically forward testing it and better defining the rules, most of your thoughts and opinions are sheer speculation What is the win loss rate? Avg win? Avg loss? - When does it win? When does it lose? - This is the important stuff