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blueruby replied Feb 4, 2008While this might provide insight &/or entertainment, I think the key is that this person practiced demo for 2 1/2 years before going live. I'm not recommending this, my belief is that learning goes more quickly with real money, even if it's a very ...
Why do 99% of the people who wants to be traders fail?
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blueruby replied Feb 4, 2008"Successful traders" know how to trade. Therefore, the only problem at that point is controlling ego, impulses, etc, i.e. psychology. This is their opinion AFTER THEY KNOW HOW TO TRADE. Regardless of your psychological makeup, you must learn to ...
Why do 99% of the people who wants to be traders fail?
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blueruby replied Feb 3, 2008I just can't imagine having the problem. I can easily imagine being rich. I got an email from a buddy with a plane for sale a couple weeks ago. A beautiful Hatz, what a great toy, and only 30 grand. I don't know when I'll own a house again, I don't ...
How did you manage your windfall?
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blueruby replied Feb 3, 2008On the last day of the month, many times banks or big traders want to clear positions for whatever reason, so the market can be more unpredictable. This is more true during the last day or two of the quarter, and I usually stay out. Under no ...
Transition from Losing to Winning
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blueruby replied Feb 2, 2008Looking over my stats, I see that I have never made money on the last trading day of the month. I'm not sure what value my stats back before November have, since I was always doing different things, however, I will always be cautious during the last ...
Transition from Losing to Winning
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blueruby replied Feb 2, 2008I would really like to know how you trade, but don't explain it here, start another thread. I am always interested in how to obtain "real profits".
Why trading system don't work
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blueruby replied Feb 2, 2008Maybe we have a different definition of gambling, but for me this is about NEVER gambling. To me gambling means taking a trade when I don't know that the probabilities are in my favor.
Why trading system don't work
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blueruby replied Feb 2, 2008No problemo. This is interesting. I've said for a long time that a good trader can use anything and make money, but don't have a lot to back that up. I talk often to a friend and mentor that trades for a living. He helps me out quite a bit, and I do ...
Why trading system don't work
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blueruby replied Feb 2, 2008Money Management — These scripts helped my trading considerably. url If you want to read that thread, ignore everything before post 83, there's not much of value up to that point!
Is There A Way ?
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blueruby replied Feb 2, 2008No bull! At least this one is a new twist -- "HEEELP! I'M RICH, NOW WHAT DO I DO?????"
How did you manage your windfall?
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blueruby replied Feb 2, 2008Dude, you need to learn to progarm, this is basic stuff. Or forget it and just learn to trade. You have to add the VQ2, it would be calculated on the candle before VQ1 double VQ0 = iCustom(NULL, 0, "VQ", ...
Little code help from the experts :)
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blueruby replied Feb 2, 2008You have to trade what works for you. I wasted so many months trying to catch bigger moves ("let my profits run") and for some reason it just doesn't work for me. It still affects my trading and my bottom line. The only times I've been consistently ...
Accuracy vs. net profit
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blueruby replied Feb 1, 2008I don't fully understand how your indicators work, let's just assume they each give a "buy" or "sell" signal. Put in an "if" statement such that: if ((VQ0 = buy && VQ1 != buy) && (QQEA0 = buy && QQEA1 != buy)) buycondition = true; this will only set ...
Little code help from the experts :)
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blueruby replied Feb 1, 2008Did you mean "pore" over, or really "pour" over. I mean, nothing like a shot or two while doing analysis or programming in the evening, hehehe
cheers1Clever Asians
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blueruby replied Feb 1, 2008Time to walk away — With 2 profitable months under my belt I added some money to my account yesterday, starting off Feb with a fatter number. Not a lot of money, but it did quadruple the account. Now I'm like a kid with a new toy. Feels just ...
Transition from Losing to Winning
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blueruby replied Feb 1, 2008Oh, my mistake. I think he was referring to people on FF maybe. Just a guesstimate from reading so many threads on here, I'd say the majority of "old-timers" preach trading naked. I also know there are plenty of pros that use indicators, Rob Booker ...
Why trading system don't work
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blueruby replied Jan 31, 2008Improving — January started off very well. Toward the end of the month I was getting sloppy and not following my rules as well on a couple trades, and it cost me a little. Nevertheless, I must be doing it right. And, there were a couple that ...
Transition from Losing to Winning
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blueruby replied Jan 31, 2008All good advice above. Study, read, trade, keep the trades very small, trade a penny a pip or less if possible until you are consistent. It may take a year, it may take 2 or 3. You will see advice that spans the spectrum, in the end you will pick ...
Is There A Way ?