The Thief of Wall Street
Your and My Lessons Learned Losing and Gaining in Trading 5 replies
Lessons Learned during System Development 29 replies
Rookie Lessons Learned 5 replies
What i learned today 14 replies
Things I've learned (as a n00b) 6 replies
Disliked...there is a difference between thrill and fear. If you are riding a roller coaster, it is thrill, not fear. This thrill will change to fear as soon as you find something wrong with the safety system of roller coaster. .......Ignored
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No matter what is our edge, it is not definite and is very small. We cannot afford to lose this meager edge. But the good thing about this market is that we live in a very rich land. Plenty of opportunities show every now and then. If we have a system that is not reliant on big size of the moves, we can afford to watch opportunities develop and vanish without feeling left behind. There is always another opportunity not too far...........Ignored
DislikedInformation
This is not some kind of a Trading Journal. Its a trading method thread. We are just trying to test application of a method described earlier in this thread. All recent posts are part of a demonstration showing how to apply that method.
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Waiting for the next opportunity. We are not in a hurry. We can only take chances on opportunities presented to us. Because:Ignored
DislikedTrade 3
Buy order placed at 1.3575. But minutes after we placed this order pa started moving up. We therefore may have to revise this order because we do not want pa to hit this order on its way down.Ignored
DislikedTrade 3
How many times it's going to miss our tp by a couple of pips?Ignored
DislikedTrade 4
Pending buy order placed.
Information
This is not some kind of a Trading Journal. Its a trading method thread. We are just trying to test application of a method described earlier in this thread. All recent posts are part of a demonstration showing how to apply that method.Ignored
Dislikedgreat posts above.
i dare not challenge your effort if sober, so you may consider i am not .
if i understand you are trying to display your concept by adapting a strict 1% win or lose situation.
but you see, once again price plays a game with your TP. in the previous trade it hit it, in the last one it took your SL. but in a real situation would it be wise to leave your original SL in place and to NOT at least BE after the price almost reached your expected TP?
what i want to say, is in a real situation not losing is almost as good as winning,...Ignored