There is no real reason to take a counter-trend trade. My exit strategy is just to take a profit. It's unrelated to entry.

Trading Without a StopLoss

So what is you explanation for the difference in result between demo and real ? Surely not psychology like everyone says ?

Trading Without a StopLoss

Demo pips are useless, you can't buy lunch with it. Also demo candlesticks are like dummies, they never fight back. Maybe you want to start a hedge fund making demo pips for people. I am convinced you will become the biggest demo pip maker in the ...

Trading Without a StopLoss

Given that many have indicated they can live with no stop loss, I'd say you don't need such a great edge. You'd just need to be able to deal with the risks and have countermeasures for them.

Trading Without a StopLoss

You will be richer than soros by next month. Good job.

Trading Without a StopLoss

Well this brings us back to the original point of the argument. Given that the market is highly unpredictable, it's not right to arbitrarily decide the losing direction is predictable but the winning direction is not. The point is that both are ...

Trading Without a StopLoss

Ok bye. You give up too quick. That's no way to make it in trading. To seriously make it, you have to give it all.

Trading Without a StopLoss

Indeed I have. I have the holy grail. They didn't like it so they banned me. They were so used to losing that they saw nothing else was possible. The reason I challenged them was to find out if they had anything and not to do with my wanting them to ...

Trading Without a StopLoss

I probably am.

Trading Without a StopLoss

Erh, I keep positions precisely to not give brokers commissions. Why should I sell and buy back later when I have already bought ? You are not being logical.

Trading Without a StopLoss

Not bad for 4% a month. But no match for my 5% for last 6 days, 3 of which had no volatility. Mine is real account of course. Not sure if yours is demo.

Trading Without a StopLoss

Why must you just have one sell ? Can you not have one sell and 5 buys ? Then when the moment is right 10 sells follow by 10 sells follow by 5 buys, and so on. But if you are talking about casino plays, then I would have to defer to your knowledge ...

Trading Without a StopLoss

I can easily cope with that and made tons more than the initial loss. It has to do with capital allocation. But obviously a typical casino player would be wiped out as he bets it all in one direction. Real traders trade in all directions that are ...

Trading Without a StopLoss

Like 2+2, you are unable to see tons of profits in shorts in your own chart. Real trading isn't like playing casinos. It's about managing positions. As for how that is done, you will never find out as you are blinded by the fear of losing more than ...

Trading Without a StopLoss

Try a bucketshop. The institutional brokers will laugh at you if you don't have 200. But why not just retire with it and live frugally. The relaxed and peaceful life is much better than the sweat and tears involved with gambling.

Best broker for trading big amounts

Are you saying trends and probabilities will predict a drawdown will continue for years ?

Trading Without a StopLoss

If no trader can predict with accuracy over a long stretch, then how come you can predict with accuracy that a paper loss will continue over a long stretch ? Maybe it won't continue, maybe it will reverse tomorrow into a huge profit ? So cutting a ...

Trading Without a StopLoss

I comprehend very well. I just find your rationale confusing. On the one hand, you say the market is not predictable. On the other hand, you say the market is predictable to make a multi-year move against someone. So which is it, is the market ...

Trading Without a StopLoss

Yet you are able to predict with great accuracy the market will make a multi-year move against the other guy. Maybe you want to ask him what bet he is making. Then you take an opposite bet. It will be an easier way to make money than your 123 system. ...

Trading Without a StopLoss

Not necessarily. There is a chance CAD will be breaking out. Cyclically, the CAD break out is due.

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