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  • #572,901
  • Dec 9, 2011 11:40pm Dec 9, 2011 11:40pm
Quoting The Fool

"Life's but a walking shadow, a poor player, that struts and frets his hour upon the stage, and then is heard no more; it is a tale told by an idiot, full of sound and fury, signifying nothing." -Macbeth

Only if you are lucky. For most people it is just blah, blah, blah...
Kill the ego, or it will kill the mission.
  • #572,902
  • Dec 10, 2011 12:05am Dec 10, 2011 12:05am
Quoting AaronWard
This trade is called life. The SL is called death. The trick is to enjoy the noise, adding to it as much as possible.
I always took profit of the noise.

Then my neighbor said that I'm wasting my money.
I answered him, no I spend 90% on women, fast cars and booze.
It is the rest I wasted.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #572,903
  • Dec 10, 2011 12:15am Dec 10, 2011 12:15am
Quoting pkimnyc
So... When do you take profit?
Very good question.................... What's your next question?
The Thief of Wall Street
  • #572,904
  • Dec 10, 2011 12:28am Dec 10, 2011 12:28am
Quoting AaronWard
This trade is called life. The SL is called death. The trick is to enjoy the noise, adding to it as much as possible.
This money business is the most stressful of all businesses (except Monkey Business). I am so unlucky that spent half my life in this business and the rest half seeing psychiatrists, attending counseling sessions and going to gym.

Finally learned what you just mentioned. "The trick is to enjoy the noise, adding to it as much as possible".
The Thief of Wall Street
  • #572,905
  • Dec 10, 2011 12:34am Dec 10, 2011 12:34am
Another good point, so very true.

Quoting mla
Interesting....

To this I would like to add my favourite motto on trading:

You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself.

mla
  • #572,906
  • Dec 10, 2011 12:47am Dec 10, 2011 12:47am
LOL, maybe I should stop trading noise and trade monthly TF. So I can take my extra free time and my last 10% and go have some fun with fast women, fast cars, and booze.



Quoting KillerWhale
I always took profit of the noise.

Then my neighbor said that I'm wasting my money.
I answered him, no I spend 90% on women, fast cars and booze.
It is the rest I wasted.
  • #572,907
  • Dec 10, 2011 12:47am Dec 10, 2011 12:47am
Quoting Chicky
The best would be to trade off Century Charts using Monthly and Quarterly for entries......................... You will save 80 years.
after long time your trade mark post . i love it
Mohan
  • #572,908
  • Dec 10, 2011 1:08am Dec 10, 2011 1:08am
My ex took the first 90%.

Quoting disegnosys
LOL, maybe I should stop trading noise and trade monthly TF. So I can take my extra free time and my last 10% and go have some fun with fast women, fast cars, and booze.

  • #572,909
  • Dec 10, 2011 2:09am Dec 10, 2011 2:09am
its rock on for this month as almost all S & R is respected
finding A M S
  • #572,910
  • Dec 10, 2011 2:13am Dec 10, 2011 2:13am


Nice conversation mates, vey subtle, enjoyable.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #572,911
  • Dec 10, 2011 3:05am Dec 10, 2011 3:05am
Quoting cloggie
Guys I really need your help with a few things.

Earlier this week some guy here kept having a go at me for adding to trades, he said something like "losers average losers", as you can see by the chart here, I keep doing that. I am still not sure what he was trying to say and I really want to learn.

Secondly, I only did a 155 pip trade yesterday, then called a 60pip trade last night, only did 120 pips here this morning and am now up 80 pips here, that is only 405 pips in 2 days, there is one guy here who posts every night how he does 800 pips...
Thanks for the healthy humor
  • #572,912
  • Dec 10, 2011 3:50am Dec 10, 2011 3:50am
Quoting cloggie
...there is one guy here who posts every night how he does 800 pips in one day, he never posts how he does it so he must be very good, I want to learn to trade like he does.
this is a gem, really

but now seriously.. why learn anything.. why just some lousy 800 pips a day! i guess you could take your trading to the highest possible level, abandoning this major flaw of your personality:

Quoting cloggie
I take my privacy and anonymity very serious.
..just post logins to all your live accounts here in this thread and let the pip wizards trade them for you
MarginTrader All Time Return: na
  • #572,913
  • Dec 10, 2011 4:47am Dec 10, 2011 4:47am
ended up this week with +80 and +50 still floating
When life gives you lemons, make lemonade
  • #572,914
  • Dec 10, 2011 5:59am Dec 10, 2011 5:59am
Quoting cloggie
Guys I really need your help with a few things.

Earlier this week some guy here kept having a go at me for adding to trades, he said something like "losers average losers", as you can see by the chart here, I keep doing that. I am still not sure what he was trying to say and I really want to learn.

Secondly, I only did a 155 pip trade yesterday, then called a 60pip trade last night, only did 120 pips here this morning and am now up 80 pips here, that is only 405 pips in 2 days, there is one guy here who posts every night how he does 800 pips...

Good read! You should write a sitcom or start a standup act.
  • #572,915
  • Dec 10, 2011 6:30am Dec 10, 2011 6:30am
1.29 in few days....
Let us be green
  • #572,916
  • Dec 10, 2011 6:33am Dec 10, 2011 6:33am
Adding to losers / averaging down is 1 of the best tactics available to us traders, it's interesting how it's a no no, I wonder which bank started that myth to stop retail taking there money.

Major part of my method, yes it adds 50% to my loss but for that it over doubles my profits, or gives me a lower BE exit and as I've only had 3 losers in the last 3 months might aswell focus on the profits

Adding to winners, makes the BE near and is retarded its interesting how they switched it around.


Before you flame me, think about it objectively for a while and thank me later!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #572,917
  • Dec 10, 2011 6:33am Dec 10, 2011 6:33am
Quoting disegnosys
Another good point, so very true.
1% a day? i just try 1% a week....
Let us be green
  • #572,918
  • Dec 10, 2011 7:28am Dec 10, 2011 7:28am
Quoting dbfusion
interesting , so the pros ...
interesting , so the pros and gurus can trade only on certain brokers who have less than 2 pips spread and guarantee no slippage .
and commission instead of pips ! , that's hilarious . and the commission worth how many pips ?
No, in fact it is your incompetence, what is hillarious here. As you keep meddling like a retard here, spread and slippage create significant costs while scalping. Every competent trader knows how it works. You dont as it seems. Ofc, when you have significant costs of your trading, you want to lower them as much as possible. You find lowering of costs hillarious? Dont make me laugh kiddo.

listen to your self mate .
I do. And I even listen to you. Yet it seems you dont listen to me.

man you need to search for something called the risk of ruin and read about it .
betting on roulette gives much better odds than scalping 10 or even 30 pips!
Omfg this has nothing in common with roulette. If it is your style of trading, than god save you.

if you don't trade it and not successful on scalping it , and not having any physical proof not nescessary by you . but by any one . and I litterally mean it . there is none .
Kiddo. The fact that you are incompetent and havent seen proof doesnt mean it is impossible. You are making mistake after mistake. You count math with wrong numbers, you find hillarious that there can be spreads lower than 2 pips, as well as you have probably never heard about commisions.

only brokers and their propaganda fake nicknames and marketing team flood the net with such bogus info.
I just read Goebbels. Propaganda is a great tool. But this, what I am doing right now is not a propaganda but an enlightment of your blind eyes.

there is no proof of long term scalper who succeeds . its wrong and its not how traders trade .
Please stop repeating yourself, you are making fool of yourself.

its called GAMBLING.
Nope. Gambling is if you make uneducated decisions and hope for result without deeper understanding of issue. It is knowledge what gives you edge. The more you know about scalping, the less you gamble.

he lost and tried for 6 months .
all beginners try to do this and all of them lose .
he should STOP .
he should learn properly .
Yes, Thats what I have told him. That he should study before trading. But if his personality is more suitable for scalping than swing trading, than there is no reason why he shouldnt learn to do it properly.

be helpful to others instead of being negative and slaming the one who genuinely was trying to help a newbie
I am helpful. Right now, I am helping you to open your eyes to other methods and not state they are impossible because you dont understand them.

T
"I know one thing, that I know nothing." Sokrates
  • #572,919
  • Dec 10, 2011 7:33am Dec 10, 2011 7:33am
Quoting AaronWard
This trade is called life. The SL is called death. The trick is to enjoy the noise, adding to it as much as possible.
Ok, I will add some noise .

T
"I know one thing, that I know nothing." Sokrates
  • #572,920
  • Dec 10, 2011 7:33am Dec 10, 2011 7:33am
Quoting Tom_D_Trader
I am helpful. Right now, I am helping you to open your eyes to other methods and not state they are impossible because you dont understand them.

T

Except thats not helping anyone cause there NOT, there is nothing in them, it's not a matter of doesn't work for me, it's doesn't work at all full stop.

Yes you'll find someone who claims to be using Fib's or Pivot Points and that's why there profitable, but really isn't that, there just good.

And look around at how all the standard BS trading logic is doing ?? very few are making $$$.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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