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Stating The Obvious and The Quest For Wisdom

  • #1,121
  • Edited 6:17pm Mar 24, 2010 5:51pm | Edited 6:17pm
Quoting spekkiefx
You are quite right about scotty but I am pretty sure he lost his "I got it feeling".Maybe you are over estimating BrightStar, .
Just because trading is a competitive business doesn't mean you get to kick people when they are down. Stop acting like an emasculated punk.
.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #1,122
  • Mar 24, 2010 5:57pm Mar 24, 2010 5:57pm
Quoting spekkiefx
You are quite right about scotty but I am pretty sure he lost his "I got it feeling".

Maybe you are over estimating BrightStar, you may well have been deceived.
After all people like to idolize people. BrightStar could ofcourse post his 50k oanda loss to show that this loss is only minor on his "massive" account but I guess it is unlikely he will do so.

I guess this is maybe the biggest lesson, find your own way.

Yeah find your own way, BS!!! no one here has found there own way with out going through the curve, some things that are said here now wont be relevant for some time for some people,

some of the people here on FF (and yes i know it is a public forum) would run off jessie or george themself. what a pissing contest we have here. If any of you think this is a waste of reading time then turn the channel. I for one am greatful for the time(free by the way) of allot of the people here.. its that simple.
  • #1,123
  • Mar 24, 2010 6:05pm Mar 24, 2010 6:05pm
Quoting spekkiefx
BrightStar could ofcourse post his 50k oanda loss to show that this loss is only minor on his "massive" account but I guess it is unlikely he will do so.
I'm guessing that that 50K loss is anywhere from 5- 15% of Darkstars account. He's always said that his trades are high probability and therefore allow him to risk a high %. It's very unfortunate his 1st trade on the forum was a loser.
Living the adventure in my head.
  • #1,124
  • Mar 24, 2010 6:14pm Mar 24, 2010 6:14pm
Quoting Leonlorenzo
I'm guessing that that 50K loss is anywhere from 5- 15% of Darkstars account. He's always said that his trades are high probability and therefore allow him to risk a high %. It's very unfortunate his 1st trade on the forum was a loser.
It's even more unfortunate that people are taking it as an opportunity to attack him. On the bright side at least we are seeing some folks true character...

.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #1,125
  • Mar 24, 2010 6:18pm Mar 24, 2010 6:18pm
Quoting Leonlorenzo
I'm guessing that that 50K loss is anywhere from 5- 15% of Darkstars account. He's always said that his trades are high probability and therefore allow him to risk a high %. It's very unfortunate his 1st trade on the forum was a loser.

Ds said that now he averages in so I doubt its more than 5% total position would be the latter. , but then again why (other than encouragement) should we even be speculating on his account. Are we that small?
  • #1,126
  • Mar 24, 2010 6:20pm Mar 24, 2010 6:20pm
Quoting Deusomega
Are you trolling or something? Wtf is Brightstar.
Maybe you are the bright one or maybe not (-:
  • #1,127
  • Mar 24, 2010 6:27pm Mar 24, 2010 6:27pm
Quoting t2l&l2t
Ds said that now he averages in so I doubt its more than 5% total position would be the latter. , but then again why (other than encouragement) should we even be speculating on his account. Are we that small?
I was simply pointing out that DS isn't professing to have a $5million account. He might have, but we shouldn't assume that he's trading 1% risk per trade. In the past he has risked a lot more because of his high hit-rate, this is all I'm saying.

@ Lasvahgoose - Was that directed at me?
Living the adventure in my head.
  • #1,128
  • Mar 24, 2010 6:28pm Mar 24, 2010 6:28pm
Quoting Leonlorenzo
@ Lasvahgoose - Was that directed at me?
Sorry, not at all. I was just using your comment as a jump off point.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #1,129
  • Mar 24, 2010 6:34pm Mar 24, 2010 6:34pm
Quoting spekkiefx
Maybe you are the bright one or maybe not (-:
I guarantee I'm a bright shining supernova compared to you.
  • #1,130
  • Mar 24, 2010 6:37pm Mar 24, 2010 6:37pm
Seriously! some people here need to spend more time on their own trading than saying "see I told you so" "this crap doesn't work" "look this guy isn't so smart, he lost money" blah blah blah....

I don't know why everyone is getting their panties uptight over ONE lost. Its trading, losers will happen sooner or later.

This is a forum where people share ideas and "hopefully" learn something. I'm sure everyone can take a lesson on what happened here and I can guarantee DS will not make the same mistake twice. You should be glad it wasn't your 50k that was lost. He paid the price while you learned the lesson for FREE.

Instead of asking how much of his account was lost, why don't you ask yourselves if this order flow thingamajig will fit in with my style of trading? Does it let me see the markets in a perspective that I've never thought of before? if yes, then I encourage you to dig deeper down the rabbit hole. If not, then go read the thousands of other threads on FF and hopefully you will find something of value there. What is the point of trying to ridicule someone when they publicly admitted they made a mistake??!!

I for one, am thankful somebody decided to share something of value here. Hopefully this doesn't deter the contributors of this thread to rethink and decide to keep their ideas to themselves. I find this stuff interesting and it makes sense to ME AS A TRADER on why I would like to pursue it further, and frankly, that is all that matters at the end of the day.
  • #1,131
  • Mar 24, 2010 6:37pm Mar 24, 2010 6:37pm
Handbags at dawn!
The breaking of a wave cannot explain the whole sea.
  • #1,132
  • Mar 24, 2010 7:00pm Mar 24, 2010 7:00pm
Quoting bboyomega83
In my opinon that is why I think MOST succesful top traders are reclusive.
The inverse correlation between one's success at trading and the time one spends talking about trading in public forums deserves further exposition.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #1,133
  • Mar 24, 2010 7:56pm Mar 24, 2010 7:56pm
The Fool,
i think there is no need for that Sir.
sooner or later one will realize (if he/she hasnt yet) that it is true.

also, there seem to be an inverse correlation between one's success at trading and the time spent in public forums
  • #1,134
  • Mar 24, 2010 8:57pm Mar 24, 2010 8:57pm
Quoting Craig
Handbags at dawn!
I had to look that up.

Noun
handbags at dawn (uncountable)
(British, humorous) (idiomatic) a catty squabble
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #1,135
  • Mar 24, 2010 9:04pm Mar 24, 2010 9:04pm
Quoting LasVahGoose
I had to look that up.
...
Thanks to u, i dont have too.
(what i initially thought was women using their handbags as 'fighting tools')
  • #1,136
  • Mar 24, 2010 9:12pm Mar 24, 2010 9:12pm
Quoting supremeChaos
Thanks to u, i dont have too.
(what i initially thought was women using their handbags as 'fighting tools')
Your initial thought would be right because it comes from:

Etymology
An allusion to a duel (pistols at dawn); handbag may be a Thatcherite reference.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #1,137
  • Mar 24, 2010 9:28pm Mar 24, 2010 9:28pm
LasVahGoose,
Yes Sir, thanks.
&thanks to Craig too.
  • #1,138
  • Mar 24, 2010 9:31pm Mar 24, 2010 9:31pm
Quoting LasVahGoose
I had to look that up.

Noun
handbags at dawn (uncountable)
(British, humorous) (idiomatic) a catty squabble
Albatross!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #1,139
  • Mar 24, 2010 9:37pm Mar 24, 2010 9:37pm
The Fool,
this albatross?
hehe, we're going off-topic, but i appreciate it.
  • #1,140
  • Mar 24, 2010 9:47pm Mar 24, 2010 9:47pm
Monty Python was mentioned in that link too, Sir.

edit
(just viewed the video, lol)
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