Why is everyone here fighting over Davit? The man is probably chilling painting right now 
Weekly Pivot trading with TDI
- #4,345
- Oct 3, 2018 10:06pm Oct 3, 2018 10:06pm
{quote} Wow! You seem like a reasonable person and one who would listen well. But you come here and use the method that someone freely invested time and money so that you can learn, prosper and be well...and all you have done is whine, insult and demand of this person. It was really nice having you here but I truly believe you won't be around for long. Feel free to blame, accuse and insult. Nothing like some DD and loses to bring out the true self. More money will only make you more of who you are now. - Mundo
Please quote me where i have blamed or demanded anything of davit?
Now if we are all to accept being called stupid for taking a profitable trade despite negative swaps, i guess we are all stupid from time to time?
No not even davit is infallable. The mistake on AC and NC and AU was breaking his own rules. Did not wait for clear PA and instead took a position based on feeling that AUD and nzd were bullish and that usd was bearish. There was a slight turn which also enticed people into the trade.
Also, Not enough thought given to potential outcome of nafta on cad. The latter was my mistake and reason for entering the same trade- i dont blindly follow anyone. I did not enter AU as i did not feel bearish on usd nor bullish on aud like davit did.
I also know what my mistakes were and have not blamed anyone for it- no idea where you dreamed that up? My mistake was believing the market was going to react negatively to nafta and push cad down from an already overbought level as i felt cad would be worse off than before -why else would the US want to renegotiate it- better for the US and worse for canada and Mexico!- i still believe this to be the case- just the market doesnt. There is still tarriffs on alum and steel, more caps on inported cars, plus they now have to prop up their dairy industry! Im not even sure the market has digested it yet.
But lessons learned- dont let preconcieved ideas affect your position- put them out of your head and wait for price action to tell you whats happening because thats all that matters at the end of the day
- #4,347
- Oct 3, 2018 11:45pm Oct 3, 2018 11:45pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,348
- Oct 3, 2018 11:53pm Oct 3, 2018 11:53pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
Now I do this not for your amusement groper...but I was one of those on Davits original thread which was destroyed but infantile members. So rest assured that I am one who will not stand aside and let the same happen to this thread. Folks here have helped and wish to help including you...but you were told many times AND rules state not to trade CHF pairs...guess what we all can trade it...you are not special...however we respect the rules and wish to trade successfully so we follow them regardless of how idiotic it might seem.
But I do understand that to be on the 5% you must be willing to do what 95% of traders do not wish to do.
But I do understand that to be on the 5% you must be willing to do what 95% of traders do not wish to do.
Invest in Life
- #4,354
- Edited 12:46am Oct 4, 2018 12:32am | Edited 12:46am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
watch EN guys nice level
Lesson 1: I do not trade EN...it is not one of the pairs I trade.
Lesson 2: Since I do not trade EN there is no way I can manage the trade properly.
Lesson 3: Therefore, I do not run and open EN to place trade blindly.
Lesson 4: I do not brake my Trading Plan just because a probability was called out.
Period
It's that simple...
Invest in Life
{quote} This is most likely a good call...but here is a quick reference guide for those following Davit or any other trader. Lesson 1: I do not trade EN...it is not one of the pairs I trade. Lesson 2: Since I do not trade EN there is no way I can manage the trade properly. Lesson 3: Therefore, I do not run and open EN to place trade blindly. Lesson 4: I do not brake my Trading Plan just because a probability was called out. Period It's that simple...
Correct and Well said - #4,358
- Oct 4, 2018 2:20am Oct 4, 2018 2:20am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
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