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- 28 Results (2 Threads, 26 Replies)
- ThePipDoctor replied Dec 16, 2009
Trade examples — Here are some examples of entries and exits, these are typical of the system. Note the frequency of the trades, this isnt a rapid fire system, it uses sensible stops and targets and has a good degree of robustness and ...
GeppyTrader Forex System
- GeppyTrader Forex SystemStarted Dec 14, 2009|Commercial Content|1 reply
Looks like my first post didnt really get the attention I think it deserves. I've been trading ...
- ThePipDoctor replied Sep 17, 2009
Never trade without a stoploss. Never risk on any one trade what you cannot lose without it bothering you. For gods sake, don't trade forex in your IRA. Or if you absolutely must, wait till you've got several good years of profitable trading under ...
4% A Day Forever
- ThePipDoctor replied Sep 12, 2009
Trading Rules — 1) Don't lose money. 2) Follow rule number one. 3) If you do lose money, only lose a little.
What Are Your Trading Rules?
- ThePipDoctor replied Sep 1, 2009
Far better is it to dare mighty things, to win glorius triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows neither victory nor defeat. ...
Advice Only. 1 Liners Concise.
- ThePipDoctor replied Aug 25, 2009
I think he has answered it in a way, and what hes saying is intuition plays an important part. And remember, just because you have a postive expectancy doesnt mean you can print money at will, granted with decent capital you can make a lot but if ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 24, 2009
I agree with this, having a decent method/system is a start, but experience and the ability to pick up on small things tip the odds even further on your side. Consistent trading requires experience, and that does come from spending endless hours in ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 23, 2009
Not heard that one before. I love it.
Consistent daily/weekly profits
- ThePipDoctor replied Aug 23, 2009
As in the case of an agreed exchange between two willing parties, I agree that there is absolutely no question of morality there, a deal is a deal. For the large part though, huge numbers of people gain market exposure without a say in it. The stock ...
The Ethics of Trading - Is Trading Parasitic?
- ThePipDoctor replied Aug 23, 2009
Another point which comes to mind is that there are absolutely ZERO long term winners in casinos, and certainly over much less than 10000 bets. The very fact that there are 5% winners in the market (11% if you believe the NASS) goes some way to ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 22, 2009
I like a good debate, and I wanted to spark off some decent replies. It looks like this good be a good thread. I have my own opinions. But I do think that ethics change as society changes. Freely available abortions are one example, some people ...
The Ethics of Trading - Is Trading Parasitic?
- ThePipDoctor replied Aug 21, 2009
Have you actually read it? One minute your saying that everyone who believes the market is not random is a fool for thinking that and can't make any money. The next you say that the key to successful trading is in your name, suggesting you do think ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 21, 2009
For one method I use, I normally place about an average of one trade per day, about half the time they are closed within the day, the rest of the time they are left to run, sometimes for one, occasionally for two days. I know it makes money. Its ...
Long term Profits within Negative Expectancy
- The Ethics of Trading - Is Trading Parasitic?Started Aug 21, 2009|Trading Discussion|95 replies
Is trading moral? Is it parasitic? How do you rationalise it? Comments?
- ThePipDoctor replied Aug 21, 2009
You're missing the point. You do not need to accurately predict market direction, or even have a large number of winning trades to make money consistently over the long haul. You just need to take advantage of the markets uncanny ability to run in ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 20, 2009
Trading is a Zero sum game. Money changes hands but is neither created nor destroyed. That paper about the stock market creating wealth for everyone in a long position is technically incorrect. On paper everyone gets richer, but if everyone tried to ...
Long term Profits within Negative Expectancy
- ThePipDoctor replied Aug 17, 2009
Dude, stick to your guns, and don't listen to anyone on here about what you can and cannot do. What people say you cannot do is what THEY cannot do. I personally know someone (an ex poker player) who opened a trading account with $5000 and in 18 ...
4% A Day Forever
- ThePipDoctor replied Jul 26, 2009
Yes, the euro yen CME futures contract is very illiquid, I wouldn't reccomend trading it, you'll get better pricing with almost any spot contract, even with slippage on both ends and the spread.
NFA - "No more Limit or Stop Loss orders"
- ThePipDoctor replied Jul 26, 2009
FXCM — Since nearly all retail traders lose money in the long run (this is a fact) the most profitable course of action for a brokerage house is to hold your trades in house so that they never reach the open market. The vast majority of losing ...
NFA - "No more Limit or Stop Loss orders"