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  • #1,170,421
  • May 20, 2020 9:59am May 20, 2020 9:59am
Quoting kuroro001
{quote} 400% a day ? hahaha Please stop the joke, you embarass yourself
lol
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  • #1,170,422
  • May 20, 2020 10:00am May 20, 2020 10:00am
Quoting kuroro001
{quote} 400% a day ? hahaha Please stop the joke, you embarass yourself
im waiting to see yours
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  • #1,170,423
  • May 20, 2020 10:02am May 20, 2020 10:02am
Quoting mistaouting
{quote} im waiting to see yours
2% a day is making me a happy man

But go for it with your 400%, typical retail "trader"

Enjoy while it lasts
COT: The precious data ignored
  • #1,170,424
  • May 20, 2020 10:08am May 20, 2020 10:08am
Quoting kuroro001
{quote} 2% a day is making me a happy man But go for it with your 400%, typical retail "trader" Enjoy while it lasts
2% is very very good. At the same time, we can sometimes expect to lose 2% per day.
400% per day is lala land, I'm sorry but it just is. Are you prepared to lose 400% per day too?
A fool and his money are easily parted
  • #1,170,425
  • May 20, 2020 10:09am May 20, 2020 10:09am
Quoting kuroro001
{quote} 400% a day ? hahaha Please stop the joke, you embarass yourself

Probably a 10$ account with 1:1000 leverage and not more than 3 days old. Thats how it usually goes...
  • #1,170,426
  • May 20, 2020 10:10am May 20, 2020 10:10am
The fruitless arguing never ends on this thread.

Sometimes I don't use a stop loss. Sometimes I do use a stop loss. Does it really matter? It's my money. I count the cost.
Learn from your mistakes and march on.
  • #1,170,427
  • May 20, 2020 10:11am May 20, 2020 10:11am
Quoting MozzChops
{quote} 2% is very very good. At the same time, we can sometimes expect to lose 2% per day. 400% per day is lala land, I'm sorry but it just is. Are you prepared to lose 400% per day too?
True, sometimes its less, even 1% is the good thing. I'm happy whatever i guess

But when i see 400%, i'm happy for him, but i just can only laugh at it
COT: The precious data ignored
  • #1,170,428
  • May 20, 2020 10:13am May 20, 2020 10:13am
Quoting xtradex
{quote} Probably a 10$ account with 1:1000 leverage and not more than 3 days old. Thats how it usually goes...
not a $10 dollar account...lol

people often cant see past there limitations...and put them on others.
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  • #1,170,429
  • May 20, 2020 10:17am May 20, 2020 10:17am
Quoting mistaouting
{quote} not a $10 dollar account...lol people often cant see past there limitations...and put them on others.
I'd love to know the leverage you are using because 400% doesn't add up unless it's recklessly high.
This is all a numbers game. And based on your numbers of 400% in a day, it's simply impossible.
A fool and his money are easily parted
  • #1,170,430
  • May 20, 2020 10:17am May 20, 2020 10:17am
Quoting mistaouting
{quote} not a $10 dollar account...lol people often cant see past there limitations...and put them on others.
Ok good, can i give you 100 bucks ? So within 2 weeks you give me 10 millions ?

Show us the unlimited path...
COT: The precious data ignored
  • #1,170,431
  • May 20, 2020 10:17am May 20, 2020 10:17am
Sigh... relax guys. Stop acting like bunch of 13 years old. Dont matter how much money you make. If you want to earn respect, learn to respect. You can be the richest guy on earth and still be the mosted hated person. I am sure you don’t want that. We share our post to try and help each other do we not?
its like if someone made a wrong call, you call them out... thats not how life works. If it is for you, then you will only survive for so long. Look at you guys arguing and everyone else one forum reading your post... Does that not embarrass you?? Please drop everything and help each other get up and make money...

back on topic, my view for the rest of today is bull, tomorrow may be a retracement and friday will take off... I will not exit and go sell.
1. i do not want to catch flying daggers (against trend)
2. I will only add extra longs if it retrace.
Trade what you see, take what the market gives you.
  • #1,170,432
  • May 20, 2020 10:17am May 20, 2020 10:17am
Quoting MozzChops
{quote} 2% is very very good. At the same time, we can sometimes expect to lose 2% per day. 400% per day is lala land, I'm sorry but it just is. Are you prepared to lose 400% per day too?
i wouldn't lose 400% STOP LOSSES...which is why we are here

Quoting kuroro001
{quote} Ok good, can i give you 100 bucks ? So within 2 weeks you give me 10 millions ? Show us the unlimited path...
start the path buy not telling people not to use stop losses
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  • #1,170,433
  • May 20, 2020 10:20am May 20, 2020 10:20am
Quoting kuroro001
{quote} Ok good, can i give you 100 bucks ? So within 2 weeks you give me 10 millions ? Show us the unlimited path...
Is that assuming EVERY DAY my P/L is 400%.....whats wrong you guy! No some days -150%..... EDIT: some days im like you and only do 2%
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  • #1,170,434
  • May 20, 2020 10:22am May 20, 2020 10:22am
Quoting mistaouting
{quote} i wouldn't lose 400% STOP LOSSES...which is why we are here {quote} start the path buy not telling people not to use stop losses
Is your brain not fully working? Stop repeating over and over the same thing. You are annoying yourself

Im trading without stops, doesn't mean people have to follow me.

You got serious problems of communications
COT: The precious data ignored
  • #1,170,435
  • May 20, 2020 10:23am May 20, 2020 10:23am
Best thing to do when testosterone is high in here

1. Get your **** out on the table

2. Measure with a ruler or tape measure... or even your kids growth chart that is on their bedroom wall (if applicable)

3. Longest one wins

You can lead a horse to water, but you can't make it drink
  • #1,170,436
  • May 20, 2020 10:28am May 20, 2020 10:28am
Quoting kuroro001
{quote} Is your brain not fully working? Stop repeating over and over the same thing. You are annoying yourself Im trading without stops, doesn't mean people have to follow me. You got serious problems of communications
yeah but out of all the post i put on this forum… you end up in the two that involved me saying use a stop loss....your quoting me replying to someone else advising them to use them and here you come saying "don't need stop loss" you even said my path is flawed because I use them

if your in the 2% use stop losses lol
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  • #1,170,437
  • Edited 10:45am May 20, 2020 10:29am | Edited 10:45am
Quoting xkwisit2001
Best thing to do when testosterone is high in here 1. Get your **** out on the table 2. Measure with a ruler or tape measure... or even your kids growth chart that is on their bedroom wall (if applicable) 3. Longest one wins
Are you talking about "Resume(s)"?. The thing you might be talking about starts here. BTW still LONG
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Can you afford to take that chance?
  • #1,170,438
  • May 20, 2020 10:30am May 20, 2020 10:30am
Take the money and run
Fundamental provide Volume, Technical shows Direction
  • #1,170,439
  • May 20, 2020 10:33am May 20, 2020 10:33am
Sharing my take regarding stop loss. It is a double edge sword. Advantage and disadvantage. Depending on your trading style or method, it can do good or bad.

Reason of a lose trade;
1. You decide to close it manually accepting you lose.
2. You put a stop loss and hit.
3. You get stopped out (margun call)

To those who don't want to close manually on a negative, you definitely adjust your lots size accordingly so it won't be easily hit. There is one reason left... stop loss. If you don't want to give them any reason, you don't put any stop loss. You will be fine but depending on what method or trading strategy you have. Remember, a trade on a drawdown is not a loss until you close it or margin called or SL hit. Like a winning trade is not a win untill you take profit.

Advantages of using stop loss;
You can set a line how much you can afford to lose. You can leave or sleep without the worry being blown. It can protect your account frrom further drawdown. It gives you a chance to re-enter without being in a bigger drawdown in a much better price.

Disadvantage of using stop loss;
When the market is in accumulation, distribution or simply ranging.. distorted stage. Chances are, it will be hit. And you just gave them reason for you to lose. (Important to be aware of ADR)
During this stage, you shouldn't be worry even if you are in a negative becouse chances are, market will pull back and bring you to positve, all you have to do is wait. You will not lose becouse it goes up and down. The most likely way you will lose is if you put stop loss and hit. So why use it? (Again, only during distorted market conditions).

If you are scalping and using big lots, having stop loss is advantage.

Depending on the strategy, method, style, market condition and the kind of personality or character as atrader you are, timeframe and whether you are intraday trading, swing, investing or scalping, lot size you are using, there's equal advantage and disadvantage using it. So use, accordingly.

I, personally, most of the time don't use it. But there are some approach I use that I must use it.

This is just my point of view. I stand to be corrected. Green pips to all.
Only an idiot knows with certainty to where the market is going.
  • #1,170,440
  • May 20, 2020 10:33am May 20, 2020 10:33am
Quoting auricforecas
{quote} Are you talking about "Resume(s)"?). The thing you might be talking about starts here. BTW still LONG https://www.youtube.com/watch?v=RFp4uVRbjaA
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