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Leonlorenzo replied Mar 2, 2010I'm always sure to let people know what I say is just my own opinion and I'm honest in admitting that I have no long term profits to show. There is no need for you to offer warning about me to any person responding to my posts, I'm not misleading ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 2, 2010If one cannot identify a market move before it happens -more than 50% of the time with a 1:1 RR on average method- how can one profit? Not knowing what will happen in the future, to me, is the same as the randomness of a coin toss. To know, or be ...
Stating The Obvious and The Quest For Wisdom
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Leonlorenzo replied Mar 1, 2010Blast from the past. This was a great thread, I'll have to give it another read again some time.
Dead end...
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Leonlorenzo replied Feb 24, 2010Think about what you are saying. The absence of what one thing means that you will not profit in the long term? You've said it yourself that MM used with random entries will not yield profits. The extra ingredient that turns the method from loser to ...
A trader's edge - myth or reality?
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Leonlorenzo replied Feb 22, 2010Domino, So we have established that your edge isn't MM/Position sizing; the reason for taking the trade (IE. the fundamentals you use to pick your Companies or a chart pattern) is. I'd say those example screen shots in your post are pretty week. ...
A trader's edge - myth or reality?
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Leonlorenzo replied Feb 22, 2010You sound like you might know a thing or two, but I'm still not convinced that money management/position sizing is capable of making you profitable without a variable to your method that makes an outcome more likely than not (profits exceed losses ...
A trader's edge - myth or reality?
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Leonlorenzo replied Feb 22, 2010To be fair I hadn't read your post. I was replying to hanover. Are you the OP? and that is an assumption I have the right to make.
anti-martingale by Lauriston Livermore
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Leonlorenzo replied Feb 21, 2010I was speaking about people in general, that's why I didn't address my post directly toward you. If you have something you think would be of value to the people on this forum then by all means go ahead. I'll be just as interested as the next person ...
anti-martingale by Lauriston Livermore
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Leonlorenzo replied Feb 21, 2010Well, it sure would cut some time of the learning curve if everyone represented their methods and intentions honestly. But other than that, of course your completely correct.
anti-martingale by Lauriston Livermore
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Leonlorenzo replied Feb 21, 2010Your a much more trusting man than I am David. Although I fail to understand the reason why some of the people you mention would lie about their profits I can't bring myself to believe them.
anti-martingale by Lauriston Livermore
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Leonlorenzo replied Feb 12, 2010I'm not a great believer in technical indicators either.
Help...Market Ignoring Fundamentals?
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Leonlorenzo replied Feb 12, 2010This is the argument offered back to a post of mine where I said two things that the poster didn't like, these being... a) Nobody makes money in the long-term by following trends b) I then compared following trends to lagging indicators "I'm still ...
Help...Market Ignoring Fundamentals?
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Help...Market Ignoring Fundamentals?
Started Feb 10, 2010|Trading Discussion|15 replies
OK, I'm trying to win an argument for arguments sake. Can someone give me some (strong) ...
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Leonlorenzo replied Jan 31, 2010I wouldn't want to be mentored by anyone who would be my mentor. I'd have to be able to offer the mentor something in return, which wasn't a fee, that would make the whole venture mutually benefitial... and make sense. But Alas, I have no such thing ...
James16 Group vs Van Tharp
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Leonlorenzo replied Jan 30, 2010Have a real reason to believe you will be profitable. You can't believe it without proof, this isn't religion; luckily if you don't seek proof you wont have to wait till your dead to find out if your belief was justified.
The most important lesson’s I’ve learned trading Forex, so far...
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Leonlorenzo replied Jan 29, 2010Wow, what an original topic. Seems like it's getting plenty of attention though... so continue!

What's the point of hedging?
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Leonlorenzo replied Jan 27, 2010But maybe your a nonce, and the 'fools' are really telling you what you need to be told. Your coming across as one of those religious self-righteous wackos so I'm out of this thread now. PS. I'll tell you right now... nobody is going to give you ...
Different Market Conditions/ Sentiments
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Leonlorenzo replied Jan 27, 2010My take... People like to create nice neat little boxes to put things in: The idea of directional bias or sentiment is no exception. The neat little boxes are up down or range for a given TF, but what is a range? How many pips? Who the feck knows? ...
Different Market Conditions/ Sentiments
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Leonlorenzo replied Jan 22, 2010You may not be deemed intelligent enough to make rational decisions regarding whats in your best interest. Chances are, if your trading retail, you have very little money and have very little education because you weren't intelligent enough to do ...
New Leverage rule for FX COMING?