Disliked{quote}at least you amuse yourself I suppose. Read post 10,143, you don't have to listen to me, listen to fti. or read post 40,098 where he says that scouts are expendable...Ignored
PS you try 20 times -5% ... that best!
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Disliked{quote}at least you amuse yourself I suppose. Read post 10,143, you don't have to listen to me, listen to fti. or read post 40,098 where he says that scouts are expendable...Ignored
Disliked{quote} but who or why rescue, or why turn of wind? PS you try 20 times -5% ... that best!Ignored
Disliked{quote} hey Nomadic, Regarding your question about potentially buying at the top of a trend. If you had entered the market with your scout then position size is insignificant. Only after the market begins to move in your favour would you being to scale into the position for your attack. Only when you being to attack does your exposure and risk begin to increase. So you must be careful and well timed when you decide to attack. So if you had bought at the top of a major uptrend you would notice the top occur on the 5m chart first and trend on the...Ignored
/ikˈspendəbəl/Adjective
I personally have found it to my advantage to use more than one scout often and generally abandon some or all to be collected/soaked up during a later trade/battle. I nearly always have some scouts in the field to help relay info and feel back to me, I accept I only have about a 50% chance of being right on my entries so I have a strategy to try to prevent loss that allows for my limitations in reading the market, I guess I personally lean more towards the second part of this definition in my trading.
AOW.
MY RESPONABLITY
18. In war, then, let your great object be victory, not lengthy campaigns.
19. Thus it may be known that the leader of armies is the arbiter of the people’s
fate, the man on whom it depends whether the nation shall be in
peace or in peril.
MY SCOUTS RESPONBILITY TO ME.
1. Sun Tzu said: Whoever is first in the field and awaits the coming of the
enemy, will be fresh for the fight; whoever is second in the field and has
to hasten to battle will arrive exhausted.
2. Therefore the clever combatant imposes his will on the enemy, but does
not allow the enemy’s will to be imposed on him.
7. You can be sure of succeeding in your attacks if you only attack places
which are undefended. You can ensure the safety of your defense if you
only hold positions that cannot be attacked.
MY RESPONABLITY TO STRATEGISE.
21. The natural formation of the country is the soldier’s best ally; but a power
of estimating the adversary, of controlling the forces of victory, and of
shrewdly calculating difficulties, dangers and distances, constitutes the
test of a great general.
22. He who knows these things, and in fighting puts his knowledge into practice,
will win his battles. He who knows them not, nor practices them, will
surely be defeated.
MY RESPONSIBIITY TO MY BOOK.
34. Thus the skillful general conducts his army just as though he were leading
a single man, willy-nilly, by the hand.
Regards
Phil.
DislikedNice post Phil. My apologies for bickering on the thread - I wasn't really adding anything useful to the discussion, sorry.Ignored
Disliked{quote} Hi ukmanthailand thanks. you are as entitled to your opinion as is the next person, this is fti's thread and he encourages trading discussion here, I believe it is helpful to everyone to hear others opinions. I am not trading for the next few weeks and will not be around much, I see you have started your full time endeavour in this field now, I wish you every success. Regards Phil.Ignored
Disliked"Win large, lose small" is an approach you might consider. This implies that it is necessary to cut the scout trade with a small loss to protect your margin account.Ignored
DislikedNice post Phil. My apologies for bickering on the thread - I wasn't really adding anything useful to the discussion, sorry.Ignored
Disliked{quote}I think I know what you were trying to say Gro. By flipping a position, I am still trying to save my troops / book. I just didn't want people to think they had to fight to the death for every scout they enter because it isn't always the best option (IMO) and logically speaking, when you flip, you do take a loss on your initial position (unless I have misunderstood the procedure completely).Ignored
Disliked{quote} if it rescue scout, using fibo or more.OK?If you are "turning on the wind" how much you use ...? scout is not hocus-pocus, but the first starting position in your fishing netIgnored
Disliked{quote} little detail.when a scout poorly? PS "turn the wind" is carried in the cross-pair (EU bad > turn in GU etc.)Ignored