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  • #1,200,861
  • Oct 20, 2021 9:55am Oct 20, 2021 9:55am
You do not know da wae.
Founder of Sutherland Wave Principle
  • #1,200,862
  • Oct 20, 2021 9:55am Oct 20, 2021 9:55am
Quoting JotaP
Things took many today by surprise, even guru Tom Hougaard is having problems. {image} Of course, I don't believe in wave theories within trading but Suthmo is fine, don't bother anyone, just pursue his own beliefs. It bothers me and most other people in general see what happens in this forum when some rude individuals land here.
It bothers me when a salesman come up, like Suthmo and take the newbies' money. Stand with the traders, not with the salesmen.
You have to have an IQ higher than 90 to interact with this user.
  • #1,200,863
  • Oct 20, 2021 9:56am Oct 20, 2021 9:56am
Quoting suthmo
You do not know da wae.
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  • #1,200,864
  • Oct 20, 2021 9:56am Oct 20, 2021 9:56am
Quoting Nordling00
{quote} Thanks! Euro is still a safe game for me but GU is getting closer to my SL. I asked for it though, should have played safe and paid more attention to the BoE I love how forex market punishes me when i do something wrong or get too confident. Tough love
Technical side, I think euro is cheap currently. Why don't we buy it?
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  • #1,200,865
  • Oct 20, 2021 9:57am Oct 20, 2021 9:57am
3 insider sock puppets ha ha haaaa! I love to count.
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Founder of Sutherland Wave Principle
  • #1,200,866
  • Oct 20, 2021 9:58am Oct 20, 2021 9:58am
Quoting suthmo
3 insider sock puppets ha ha haaaa I love to count.
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  • #1,200,867
  • Oct 20, 2021 10:00am Oct 20, 2021 10:00am
Quoting suthmo
3 insider sock puppets ha ha haaaa! I love to count. {image}
You are already reported, salesman. Don't try your luck hard.
You have to have an IQ higher than 90 to interact with this user.
  • #1,200,868
  • Oct 20, 2021 10:01am Oct 20, 2021 10:01am
Quoting IPMan
{quote} Technical side, I think euro is cheap currently. Why don't we buy it? {image}{image}
At least my money is going to someone kind and smart! Congratulations buddy!
You have to have an IQ higher than 90 to interact with this user.
  • #1,200,869
  • Oct 20, 2021 10:17am Oct 20, 2021 10:17am
Wave theories are not worse than the algorithms that are behind 99% of indicators people use and cause 95% of them lose lots of money in the short term.

Some people boast being great traders showing more than 60% drawdown and a 3-months gain of 13.9% with 2 losing months. Sad.
Follow your guts, if you want to lose your money...
  • #1,200,870
  • Oct 20, 2021 10:21am Oct 20, 2021 10:21am
Quoting JotaP
Wave theories are not worse than the algorithms that are behind 99% of indicators people use and cause 95% of them lose lots of money in the short term. Some people boast being great traders showing more than 60% drawdown and a 3-months gain of 13.9% with 2 losing months. Sad.
I didn't say that i am a great trader dude. But i am still in profit overall, my max drawdown is big yes, but that's my second account and it is for taking high risks. After that drawdown, i made it to the where i started and still in 13% gain

So don't worry about me, i got my money back.

So you are standing with the salesman. Buy his book, looks like you are into reading bs
You have to have an IQ higher than 90 to interact with this user.
  • #1,200,871
  • Oct 20, 2021 10:38am Oct 20, 2021 10:38am
I am on my 3rd FTMO 15-day Trial Challenge that can be monitored on Trade Explorer,
I am struggling a bit with the FED-manipulated EURUSD, but I still have 6 days to go to reach the target.

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Follow your guts, if you want to lose your money...
  • #1,200,872
  • Oct 20, 2021 10:49am Oct 20, 2021 10:49am
Two days left for the end of the week. A quick run to 1680, or a drop to the weekly open again.

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Looking for profitable short term trades ...|
  • #1,200,873
  • Edited 11:24am Oct 20, 2021 10:54am | Edited 11:24am
My scammy wave principle says we're gonna form a contracting running triangle to finish this run up.
Will go into a triangle that will break out in position E over the top of the triangle before it starts to come down.
Founder of Sutherland Wave Principle
  • #1,200,874
  • Oct 20, 2021 11:04am Oct 20, 2021 11:04am
Quoting suthmo
3 insider sock puppets ha ha haaaa! I love to count. {image}
3 waves
POSTMASTER
  • #1,200,875
  • Oct 20, 2021 11:06am Oct 20, 2021 11:06am
Quoting JotaP
Things took many today by surprise, even guru Tom Hougaard is having problems. {image}

Makes me wonder if anyone in the world has ever made consistent profits over an extended period from day trading.
  • #1,200,876
  • Oct 20, 2021 11:10am Oct 20, 2021 11:10am
Quoting JauntyLoon
{quote} Makes me wonder if anyone in the world has ever made consistent profits over an extended period from day trading.
Of course, some people do, around 5% because 95% don't.

Sure, long term trading may be safer, but still not many will succeed, because long losing strikes are common.
Follow your guts, if you want to lose your money...
  • #1,200,877
  • Oct 20, 2021 11:14am Oct 20, 2021 11:14am
Quoting JotaP
{quote} Of course, some people do, around 5% because 95% don't. Sure, long term trading may be safer, but still not many will succeed, because long losing strikes are common.
whats problem to make every day 2 or 3 scalp by 4-5p+?no problem
  • #1,200,878
  • Oct 20, 2021 11:18am Oct 20, 2021 11:18am
Quoting pridolfx
{quote} whats problem to make every day 2 or 3 scalp by 4-5p+?no problem
Some people do well with scalping, guru Tom Hougaard is one of them, but some days they don't get it right, as mentioned above.
Follow your guts, if you want to lose your money...
  • #1,200,879
  • Oct 20, 2021 11:22am Oct 20, 2021 11:22am
Quoting JotaP
{quote} Some people do well with scalping, guru Tom Hougaard is one of them, but some days they don't get it right, as mentioned above.
Surprising that he is a guru, I thought all successful traders used money management and employed their edge to get a R:R ratio in their favour. Hence they shouldn't have huge unexpected down days that get them raffled and make them quit.
  • #1,200,880
  • Oct 20, 2021 11:30am Oct 20, 2021 11:30am
Quoting JauntyLoon
{quote} Surprising that he is a guru, I thought all successful traders used money management and employed their edge to get a R:R ratio in their favour. Hence they shouldn't have huge unexpected down days that get them raffled and make them quit.
People that go for a high R/R (reward to risk ratio) always have a very low win rate. So need to stand long losing strikes. Of course, they can also wait ages to find an ideal position, but this will translate in a low profit rate.
Other people go for a high win rate with low R/R. They may have long winning strikes, but when they lose, they may lose a lot.
Both strategies can work.
Follow your guts, if you want to lose your money...
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