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- DashRiprock replied Apr 29, 2016
Some good reads from those who have walked the walk and their take on the relationship between belief and success and the importance of visualising goals: url url url url url url Ruth Barrons Roosevelt, Anxiety and Faith Trading in ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
Cat, that is absolutely beautiful what your Father told you and the effect that had. If one can be so positive when leaving this realm one must have had a peaceful passing. I've actually always believed that the by far most important determinant of ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
I agree Cat. What I meant was the mechanics are simple enough. Identify the path of least resistance. Enter on a pullback. Shoot for bigger winners than losers. And you ARE set for life. But of course it isn't easy, absolutely true, because it's ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
Great minds thinking alike: Paul Tudor Jones: “The illusion has been created that there is an explanation for everything with the primary task to find that explanation.” https://www.trendfollowing.com/2012/...appears-at-85/ Trading may be lots of ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
Hmm tried to quote sthg no idea why that didn't show up. What I meant was what Numbnuts wrote here in post 5: "Out of complexity find simplicity. It kind of describes what I've been trying to do in trading for a long time - boiling down a lot of ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
Cat, wow, that's terrible !!! Really sad that he didn't see you succeed. But that's only on our level here. Somewhere else he will know. Calculus - always loved Tintin :-))) - I agree there is the odd nugget to be found on boards, but generally ...
The Big secret to trading success
- DashRiprock replied Apr 29, 2016
Cat, great thread here. You wrote OUTSIDE of this forum most don't understand what trading is all about. That's one point I'd like to disagree on. By far most HERE don't have the slightest clue, and what they write is completely representative of ...
The Big secret to trading success
- DashRiprock replied Apr 28, 2016
Err the first part, of the, umm, last part, of what Linda wrote up there went MIA: Linda [16:50:20]> That is the nature of a trend following game Linda [16:50:24]> lower win loss ratio Linda [16:50:37]> lots of frustrating stop outs, but you WILL ...
Higher low, lower high system
- DashRiprock replied Apr 28, 2016
PS re the chat we had a while ago re overall system expectancy and the rather irrelevant role winning percentages play in that. Posted an excerpt of this elsewhere just now, and makes pretty relevant reading: From Linda Raschke: "Linda [16:18:07]> ...
Higher low, lower high system
- DashRiprock replied Apr 28, 2016
Yay looked at charts of GBPJPY best and worst of Brits and Japanese combined in one place
Higher low, lower high system
- DashRiprock replied Apr 28, 2016
Good trade there mate. You've definitely chosen a market that no one could accuse of being a sleepyhead. Great volatility there. :-)
Higher low, lower high system
- DashRiprock replied Apr 28, 2016
Yup quite agree with that. I know a guy who has been trading a long long time, pretty much just like here has one MA for ABCD trend visualisation help, and trades pullbacks plus a spot of Elliot Wave chucked in for good measure, the simple stuff, ...
Higher low, lower high system
- DashRiprock replied Apr 28, 2016
Hey Jakucha, it's all good the way it is. This is actually kinda what I've been harping on about, trading just being a probability game with inherent, system immanent uncertainty: In real life trading, without the benefit of a crystal ball telling ...
Advanced TST
- DashRiprock replied Apr 28, 2016
..."putting your exit farther away means bigger winners but you'll probably take more losses in the long run."... Yup completely agree with that. Quick take profits equate to higher winning percentages, generous trailing stops to lower winning %, ...
Advanced TST
- DashRiprock replied Apr 27, 2016
Haha nope absolutely done wasting my time here. Since trading boards have been around absolutely nothing has changed: Those who don't have a chance hope and pray for finding gurus and holy grails, whilst the few that make it just get on with ...
More simple is impossible
- DashRiprock replied Apr 27, 2016
As someone here mentioned Ed Seykota and the advice he would or would not give aspiring traders, this hits the nail right on the head again. For those who honestly haven't heard about him, he was in Market Wizards, and, normalized for withdrawals, ...
More simple is impossible
- DashRiprock replied Apr 27, 2016
Forgot to add to method above: Ability to cut your losses and RUN YOUR WINNERS. Simple and old truths, but 100% valid nevertheless. Trading is NOT Rocket Science, it's very, very simple, if not always easy until you learn to tame your inner demons. ...
More simple is impossible
- DashRiprock replied Apr 27, 2016
Lol the point is for the umpteenth time... THERE IS NO SECRET SAUCE to learn in trading... Identify a trend using price action, moving averages, momentum, whatever... Identify a pullback using your flavour of choice as per above, channels, ...
More simple is impossible
- DashRiprock replied Apr 27, 2016
"Good luck to you all, really mean" it !!! :-)
More simple is impossible