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- BeginnerJoe replied Nov 24, 2013
That's the dna map of my new strategy. It describes all balanced states of the strategy.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
Then let me state it for you once again. People lose because they offer the banks a guarantee to buy high and sell low, by way of using stops. You said you use stops. Therefore you guarantee to buy high and sell low. Therefore you lose, and banks ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 23, 2013
I have stated why people lose. Since you say you do what they do in guaranteeing to buy high and sell low, therefore the conclusion has to be you lose like they do. My buying and selling strategy is my invention and I even have a unique strategy ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 23, 2013
No, buying high at 10 and stopping low at 5 is buying high and selling low in any time frame. People who engage in this practice are bound to lose even if not 100% of the time. They will be bled to death sooner or later. I have not stated my method, ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 23, 2013
Going large on events that you largely have no control make no sense. That is the direction of gambling. I think people should not be afraid of work if such work produces a return. I would understand it if people avoid work when there's no obvious ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 23, 2013
I have been saying since the beginning of this thread that making a guarantee to buy high and sell low is a major reason that people are going wrong. Since you follow this practice, there's no way for you to succeed either. The added trouble for you ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
It happened many pages ago. But I have a feeling you are going to follow me everywhere I go.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
I can't tell where everyone has gone wrong. But I can tell you where you have gone wrong, that you are not convincing enough. You have none of the characteristics of the other people who convinced me.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Yes, it will involve work. But nothing more than what I already do. Since I look at the screen all day anyway, doing something makes it less boring. There' will be no precision needed because the market itself is not precise.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
No need. I regularly handle a horde coming at me at me single-handedly.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Stops are good so long as no one else knows where it is. Especially, you don't want to tell the banks because they love buy low sell high too much.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
I have not read your thread at all, and I have no reason to believe you are profitable. You haven't said anything that would make me think, hmmm, this guy's got something.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
No, I don't understand this formula. Feel free to explain. As I haven't stated what my technique is, I see no reason to believe your formula would describe it.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
If you are making money then that is definitely the idea. You clearly have plenty of counter measures for the market. My definition of active measures fits you perfectly. I have been advocating occasionally that taking opposite direction trades ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Yes, I think some kind of a trading franchise could work for you. Have a word with realjumper. He seems to have something going.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Shooting ducks ? I am no expert on ducks, but I think they are out of season right now, aren't they ? Maybe it's the cheap beer doing the talking. I am not peddling anything. I am here chatting about trading and maybe the philosophy of it.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Can you also make it work for slim ? He's in need of help I think. Are your live trades done with demo ? I will show an example if I ever make a thread like yours. Right now I have no such plans.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Trading with the market is good. But buying at market top has its risks. You can counter this market by not doing anything or by trading with it. Going against it can also work if the market turns. So it all depends on your starting disposition and ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
You are not getting it. My saying of being a business is just a metaphor for getting things done differently. Imagine you are running a burger/hotdog stall on the street. Imagine further that the guy who supplies you with the raw burgers/hotdogs is ...
Trading Without a StopLoss