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The Really Useless Thread

  • #2,501
  • Aug 24, 2011 2:15pm Aug 24, 2011 2:15pm
Quoting PipChick
You NEED to stop with the lies and stop badgering me. You are beginning to piss me off.
Lies?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,502
  • Aug 24, 2011 2:16pm Aug 24, 2011 2:16pm
Quoting Magix
Lies?
I didnt studder. I am SURE I said LIES!
  • #2,503
  • Aug 24, 2011 2:17pm Aug 24, 2011 2:17pm
Quoting attila
It is not really hedge in the true sense of the world. That would not take me anywhere. A target can be reached many different ways. It's about going after different targets on different TFs. They can be in the same direction or opposite. And yes I do add to trades in DD (not losers). I do close trades at a loss yes. I trade lower size trades, so when things get ugly I can easily increase the size and do some clean up.
I guess you must be very discipline and have iron MM with that approach. I personally don't like that idea as I have seen it before traders with a snowflake becoming a snowball when market extend the range (in major moves obviously) and they get caught in wrong side.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,504
  • Aug 24, 2011 2:19pm Aug 24, 2011 2:19pm
Quoting needpips
yes, wrong terminology, lotta ups an downs on the faster times....while directionally relevant on the higher time frames
Right, I edited the post before. Right now I have 7 trades running with a slight ratio on the long side.

18 closed trades for today.
  • #2,505
  • Aug 24, 2011 2:21pm Aug 24, 2011 2:21pm
Quoting sisse
I guess you must be very discipline and have iron MM with that approach. I personally don't like that idea as I have seen it before traders with a snowflake becoming a snowball when market extend the range (in major moves obviously) and they get caught in wrong side.

sisse
I'm all about MM. My account grows very very slowly. Most people would not have this kind of patience. The rule of thumb is, when the entry falls off the H1 range, I start thinking of phasing it out, or close it altogether. It hurts, but that's the rule I have to live by.
  • #2,506
  • Aug 24, 2011 2:22pm Aug 24, 2011 2:22pm
Love blossoming again i see lol

Quoting PipChick
Well, I really do not care what YOU think of my analysis. Just iggy me and you wont see them anymore
Disclaimer: Check your 1m charts
  • #2,507
  • Aug 24, 2011 2:23pm Aug 24, 2011 2:23pm
Great thread Ken.. Nice one
Disclaimer: Check your 1m charts
  • #2,508
  • Aug 24, 2011 2:25pm Aug 24, 2011 2:25pm
Quoting pipper
Great thread Ken.. Nice one
i just saw:

108.711 visitors in 4 days.. that's massive.

well impressive..

congratulation..
  • #2,509
  • Aug 24, 2011 2:25pm Aug 24, 2011 2:25pm
Quoting pipper
Great thread Ken.. Nice one
Yeah pippers..I have about had it with Magix's stalking and harrassment.Seems everywhere I go, he follows simply to harass me. Therefore, I am out. I will not continue to participate in Magix ruining this thread which Ken has put a lot of work into.I wish you all luck and happiness
  • #2,510
  • Aug 24, 2011 2:25pm Aug 24, 2011 2:25pm
Quoting attila
I'm all about MM. My account grows very very slowly. The rule of thumb is, when the entry falls off the H1 range, I start thinking of phasing it out, or close it altogether. It hurts, but that's the rule I have to live by.
I see. Have you consider trading options?. From what you said it may suit your style and give you more flexibility and powerful tools to play but reducing the risk and micromanagement.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,511
  • Aug 24, 2011 2:26pm Aug 24, 2011 2:26pm
Quoting PipChick
I didnt studder. I am SURE I said LIES!
Are you sure you wanna go here?
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,512
  • Aug 24, 2011 2:27pm Aug 24, 2011 2:27pm
It's the Irish charm Piters Hope you are well mate

Quoting Piters
i just saw:

108.711 visitors in 4 days.. that's massive.

well impressive..

congratulation..
Disclaimer: Check your 1m charts
  • #2,513
  • Aug 24, 2011 2:27pm Aug 24, 2011 2:27pm
Quoting pipper
It's the Irish charm Piters Hope you are well mate
never better
  • #2,514
  • Aug 24, 2011 2:27pm Aug 24, 2011 2:27pm
Quoting PipChick
Yeah pippers..I have about had it with Magix's stalking and harrassment.Seems everywhere I go, he follows simply to harass me. Therefore, I am out. I will not continue to participate in Magix ruining this thread which Ken has put a lot of work into.I wish you all luck and happiness
Don't let the door hit your ass on the way out.
Inserted Video
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,515
  • Aug 24, 2011 2:27pm Aug 24, 2011 2:27pm
Quoting sisse
I see. Have you consider trading options?. From what you said it may suit your style and give you more flexibility and powerful tools to play but reducing the risk and micromanagement.

sisse
I haven't. Thanks for the pointer. I will have to do some reading.
  • #2,516
  • Aug 24, 2011 2:28pm Aug 24, 2011 2:28pm
Have been out for a bit with day job. Still waiting for a clear break above 1.4447 for me
Attached Image (click to enlarge)
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Disclaimer: Check your 1m charts
  • #2,517
  • Aug 24, 2011 2:34pm Aug 24, 2011 2:34pm
Wish you all the best guys I am OUT.
  • #2,518
  • Aug 24, 2011 2:36pm Aug 24, 2011 2:36pm
Quoting PipChick
Wish you all the best guys I am OUT.
Sorry you're leaving. Take care PC.
  • #2,519
  • Aug 24, 2011 2:39pm Aug 24, 2011 2:39pm
Hey, PipChick, no need no leave. We need good traders around like you.. Magix is a great trader also but he's a wind up merchant also i see


Quoting PipChick
Wish you all the best guys I am OUT.
Disclaimer: Check your 1m charts
  • #2,520
  • Aug 24, 2011 2:43pm Aug 24, 2011 2:43pm
Quoting pipper
Hey, PipChick, no need no leave. We need good traders around like you.. Magix is a great trader also but he's a wind up merchant also i see

Nope Magix is spot on. PC runs a website and only uses the threads here to lure the unsuspected over there. She approached several here already and everytime someone's outing her she runs over to Twee together with her little club to complain about them. You should see some of the emails she send Twee about me, hilarious.

Ken is fully aware of the antics of PC. No need to defend her, her taking her shop elsewhere is no loss to this thread. I have ignored the PC issue since the start of the thread, but as Magix is bringing it up, I have to back him up on that one.

Magix was actually trying to point out the missing link in her analysis, but PC won't hear it, can't admit she is wrong now can she, her followers and subscribers won't be too happy.....

Nice game of footy BTW, Arsenal are in the sh!t.
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