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The System (Irony included) 1,175 replies

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The System II (Yes with irony)

  • #6,901
  • Sep 24, 2009 5:45am Sep 24, 2009 5:45am
Quoting en0x
Okay, it confirmed what i thought.


The one thing I have learnt about the market while trying to learn this is that, the Market is a horrible horrible teacher.
It will sometimes reward you for doing the wrong thing
and sometimes punish you for dong the right thing.

The wrong thing is not following a system and acting out of emotion
the right thing is sticking to your plan no matter what.

I still fail at that and am learning 1 day at a time, hard task but I see FX and Moneda are miles ahead in this process. I watch Paul now move into that step...
have been a lurker for a long time. great thread, great trading, great camaraderie.

just wanted to say en0x post describes in a nutshell the sometimes cruel illogicality of the market. you just have to remember its a numbers game, and no indvidual trade is any more special than another; its the aggregate result that shows your edge.
  • #6,902
  • Sep 24, 2009 5:46am Sep 24, 2009 5:46am
if it is its very narrow eh? lie a 4 pip bracket
Quoting en0x
Could we call it a bracket?
Survive and Preserve
  • #6,903
  • Sep 24, 2009 5:50am Sep 24, 2009 5:50am
Quoting benkm108
i dont think we can call that an fcr yet cos it doesnt have our last little swing high

Doesn't it retrace - 3 bears and then one bull giving us 1,2 and 3?
$urvive, Pre$erve & RESPECT THE TEACHER
  • #6,904
  • Sep 24, 2009 5:52am Sep 24, 2009 5:52am
Quoting mac1956
Anyone rate a short at 14769?
no Sir.Mac.. let it develop.. don't jum the gun again.. lol
  • #6,905
  • Sep 24, 2009 5:54am Sep 24, 2009 5:54am
Quoting fxachilies
no Sir.Mac.. let it develop.. don't jum the gun again.. lol

I've always told myself that size doesn't matter - it appears that it does!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #6,906
  • Sep 24, 2009 5:55am Sep 24, 2009 5:55am
Quoting en0x
I want to be like Paul and Jplo

Still ages away but one day at a time.
Quoting mac1956
Jplo is a cool trader-dude for sure!

Are you guyz kidding me?... jejeje

You meant "wanna be like The Boss", sure.......

I'm a simple student of the game as yourselves... Just in the begin (or even still in the start line) of a marathon (I hope so.. )....

  • #6,907
  • Sep 24, 2009 5:57am Sep 24, 2009 5:57am
Sometimes I feel its not a marathon, its an IRON MAN, and we just at the start of the swim.....

Quoting jplo
Are you guyz kidding me?... jejeje

You meant "wanna be like The Boss", sure.......

I'm a simple student of the game as yourselves... Just in the begin (or even still in the start line) of a marathon (I hope so.. )....

Survive and Preserve
  • #6,908
  • Sep 24, 2009 5:58am Sep 24, 2009 5:58am
Quoting jplo
Are you guyz kidding me?... jejeje

You meant "wanna be like The Boss", sure.......

I'm a simple student of the game as yourselves... Just in the begin (or even still in the start line) of a marathon (I hope so.. )....


I have learnt enormously from your posts old chap - don't underestimate how good they are.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #6,909
  • Sep 24, 2009 6:03am Sep 24, 2009 6:03am
any takers for the 14762 fcr?
  • #6,910
  • Sep 24, 2009 6:03am Sep 24, 2009 6:03am
Quoting fxachilies
i had my my sl hit.. -30..
now eating lunch..
It is so good to us seeing that even Federer can hit balls out of the court, and........................ what happens to him?........Nothing at all, ready for the next one........

Really instructional as far as his winner mentality goes...
  • #6,911
  • Sep 24, 2009 6:04am Sep 24, 2009 6:04am
Quoting benkm108
any takers for the 14762 fcr?
I am looking to short there.
"Save your ass, then go for profit"
  • #6,912
  • Sep 24, 2009 6:09am Sep 24, 2009 6:09am
enox,
I am begining to see great comments and better charts/trades from you..
that also goes for a few others in here aswell..

your post earlier raised a level of my respect for you.. well said my friend..

absorb and keep up the good work
  • #6,913
  • Sep 24, 2009 6:11am Sep 24, 2009 6:11am
Quoting en0x
Sometimes I feel its not a marathon, its an IRON MAN, and we just at the start of the swim.....
You are totally right....
  • #6,914
  • Sep 24, 2009 6:12am Sep 24, 2009 6:12am
Quoting en0x
Gev, where(price wise) did you go long and why did you go long?

OR did you just reverse as soon as you closed your short?
did you just reverse as soon as you closed your short?yes, i put my buy stop above the 4754 FCR
it's a huge gap tony, a huge gap.
  • #6,915
  • Sep 24, 2009 6:14am Sep 24, 2009 6:14am
i missd gbpusd , very bad
  • #6,916
  • Sep 24, 2009 6:18am Sep 24, 2009 6:18am
Go back to trading it then, we just dont trade it here.

Quoting feline207
i missd gbpusd , very bad
Survive and Preserve
  • #6,917
  • Sep 24, 2009 6:21am Sep 24, 2009 6:21am
I am officially sitting out now until after unemployment claims (in an hour)
Then we going to see some fun happening , once the dust settles

Have fun guys.
Survive and Preserve
  • #6,918
  • Sep 24, 2009 6:23am Sep 24, 2009 6:23am
Quoting feline207
i missd gbpusd , very bad

Interesting reversal pattern happening there - but I didn't say that, nor am I trading it - I SWEAR!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #6,919
  • Sep 24, 2009 6:28am Sep 24, 2009 6:28am
Sooo dont say it , now you have a tonne of newbies looking at GBPUSD and agggh, the cycle continues.
Dont even humour people who mention other things then what we trading here , lets get focused and stay on track to win the iron man.

Ready for the swim?
Quoting mac1956
Interesting reversal pattern happening there - but I didn't say that, nor am I trading it - I SWEAR!
Survive and Preserve
  • #6,920
  • Sep 24, 2009 6:30am Sep 24, 2009 6:30am
come on guys take it easy with FELINE207..
he is just fun loving guy that enjoys getting whiplash up his ass..
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