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The Swamp

  • #56,641
  • Mar 19, 2020 6:47am Mar 19, 2020 6:47am
Quoting DMA Trader
here i am commenting and my EUR drop like a rock without me
here the same.. sideline on my accounts... just watch Gator trading ...amazing,,, fearless...
  • #56,642
  • Mar 19, 2020 6:52am Mar 19, 2020 6:52am
If that could serve as a guide, during the 2008 financial crisis, from March to November 2008, the dollar index appreciated 22%
Since beginning of the year, that same index is up only about 6%

I think we are in the year of EU parity.
Simplicity is the Ultimate Sophistication.
  • #56,643
  • Mar 19, 2020 6:58am Mar 19, 2020 6:58am
Quoting kasper
{quote} No adding on a loss? But that one eur trade that you had since Feb, did you not trade eur during that time?

if i remember I've added short position all the way up
why ? because of my ego ? fundamental bs yes i was convinced that we will see parity like i am now. but like the maket cares about my opinion.

yet same thing will happen. i kill everything while it working

3.rd not going against daily trade. or take loss. but here Gator said take loss i take the loss differently

so on that position yes. i kept adding short after a while i switched to long and keep closing small fraction of the core position of EUR/USD
taking daily loss everyday. this i find it extremely powerful but sometimes loss goes above 10% so it's not getting professional. it's stupid and can we see EUR/USD to 1.5 yes so account will have big problems. going like that but this time worked almost perfect

after I've seen trend go back to short i shorted again and played short and wait with the remaining trend
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,644
  • Mar 19, 2020 6:59am Mar 19, 2020 6:59am
Just tested day uptrend stop, lets see bulls can hold at NY close ..1.0734
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  • #56,645
  • Mar 19, 2020 7:03am Mar 19, 2020 7:03am
Quoting Boulder
{quote} here the same.. sideline on my accounts... just watch Gator trading ...amazing,,, fearless...
closed most shorts, waiting for a bounce from 0734 area... Reload it on the way up, starting later.
those who can, do. those who cant, talk about those who can
  • #56,646
  • Mar 19, 2020 7:09am Mar 19, 2020 7:09am
Quoting broketrader
If that could serve as a guide, during the 2008 financial crisis, from March to November 2008, the dollar index appreciated 22% Since beginning of the year, that same index is up only about 6% I think we are in the year of EU parity.
ok so let's say it happens. i've traded 2008-2009 and it's a good example how things can go on panic

so we go to parity everybody want it maybe even below - simple strategy trend is intact and so on

what if at let's say 1.06 something happens EU cases go down while US lose control over corona.
and instead of going to parity we go to 1.2

we go short now. eu going up and we just add to short on different time frames then all the way up to change in trend you know
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,647
  • Mar 19, 2020 7:11am Mar 19, 2020 7:11am
no eur shorts no spx on stock market shorts

gold long all they way down. and some other bs trades that i will have to close
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,648
  • Mar 19, 2020 7:12am Mar 19, 2020 7:12am
Ray Dalio on CNBC
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,649
  • Mar 19, 2020 7:15am Mar 19, 2020 7:15am
Quoting gatorinla
{quote} closed most shorts, waiting for a bounce from 0734 area... Reload it on the way up, starting later.
oh well,,, i started again
those who can, do. those who cant, talk about those who can
  • #56,650
  • Mar 19, 2020 7:21am Mar 19, 2020 7:21am
Quoting DMA Trader
{quote} ok so let's say it happens. i've traded 2008-2009 and it's a good example how things can go on panic so we go to parity everybody want it maybe even below - simple strategy trend is intact and so on what if at let's say 1.06 something happens EU cases go down while US lose control over corona. and instead of going to parity we go to 1.2 we go short now. eu going up and we just add to short on different time frames then all the way up to change in trend you know
Well maybe I don't understand everything in your post but for me it makes no sense saying "... we just add to short on different time frames..."
I think we each trade our favorite time frame, you cannot trade the daily like the 5 min, so for example if you trade the 5 min and price changes direction significantly you have to act accordingly without caring what's going on on the weekly.

So in short, you trade your time frame, what is below (lower time frame) is noise for you, and what is above (higher time frame) just too far.
Simplicity is the Ultimate Sophistication.
  • #56,651
  • Mar 19, 2020 7:26am Mar 19, 2020 7:26am
Quoting DMA Trader
{quote} i don't believe in daily targets. i've gone aggressively as the market went. i made probably the expectation of an year this month - so why would i stop trading with leverage yes. this is mandatory
......i made probably the expectation of an year this month......
This is very good, congratulations

I try to trade with emotional envolvement very close to zero. It is the only way that works for me.
But I would certainly trade for more if I was able to
  • #56,652
  • Mar 19, 2020 7:31am Mar 19, 2020 7:31am
Break my rules. Long GU 1581. See if I can catch some 200 pip spike.
  • #56,653
  • Mar 19, 2020 7:33am Mar 19, 2020 7:33am
*u.s. Weekly jobless claims at 281,000 last week; est. 220,000

*u.s. March philadelphia fed factory index at -12.7 vs 36.7
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,654
  • Mar 19, 2020 7:35am Mar 19, 2020 7:35am
Quoting broketrader
{quote} Well maybe I don't understand everything in your post but for me it makes no sense saying "... we just add to short on different time frames..." I think we each trade our favorite time frame, you cannot trade the daily like the 5 min, so for example if you trade the 5 min and price changes direction significantly you have to act accordingly without caring what's going on on the weekly. So in short, you trade your time frame, what is below (lower time frame) is noise for you, and what is above (higher time frame) just too far.
perfect- you did get it.

but taking a small every time 1M 5M trend changes would mean you also get stop often.
so while yes we trade smaller timeframes market is full of noise in this tf

i
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,655
  • Mar 19, 2020 7:36am Mar 19, 2020 7:36am
Quoting Mitiblotch
Break my rules. Long GU 1581. See if I can catch some 200 pip spike.
bad data exp in Philadephia Fed Factory index - big drop -
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,656
  • Mar 19, 2020 7:40am Mar 19, 2020 7:40am
plain clear all gold bug no hedges
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,657
  • Mar 19, 2020 7:45am Mar 19, 2020 7:45am
Quoting DMA Trader
{quote} correct i think we are closed to a burning moment so while i see no way i would stop trading if it works lile "let your profits run" 1. reduce leverage what else ? what is the main thing after a one way direction right. ok - so how we will get above a counter rally without loosing big 2. I would add - No adding on a loss !
Here's two: tighter sl which will force you to seek real value levels and you quickly give up a habit of shooting from the hip which is so tempting in volatile markets. Also you can force yourself to reduce the total number of trades you allow yourself per day so again, you only take the best value opportunities.
  • #56,658
  • Mar 19, 2020 7:49am Mar 19, 2020 7:49am
Quoting xav
{quote} Here's two: tighter sl which will force you to seek real value levels and you quickly give up a habit of shooting from the hip which is so tempting in volatile markets. Also you can force yourself to reduce the total number of trades you allow yourself per day so again, you only take the best value opportunities.
in practice, and in my view, this over trading that i am doing brings very good results. we will see after things calm down
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #56,659
  • Mar 19, 2020 7:55am Mar 19, 2020 7:55am
Quoting The Fool
{quote}....you said short spx but whatevs good luck. /ES was almost limit down earlier and has come up 80 pts from there in the last hours.
  • #56,660
  • Mar 19, 2020 7:55am Mar 19, 2020 7:55am
Quoting Mitiblotch
Break my rules. Long GU 1581. See if I can catch some 200 pip spike.
Good job! Already 70 pips up. Killin' it man!
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