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  • #5,761
  • Dec 22, 2011 2:16am Dec 22, 2011 2:16am
Quoting Tony112
epic "floater" win explained by a sudden use of c*caine by the Euro
You know Tony, you're amazing
this is the first time im using the method live, and i had no gut to go along with the flows, so i was out when it booked me $36
but the flows still up but im out....weeew oh boy.....
i am still learning trade properly....
  • #5,762
  • Dec 22, 2011 2:17am Dec 22, 2011 2:17am
Quoting geomink
unfortunately I've no more money, cause gambling with Oanda account over and over :-(

so, scan a copy of NYT and send it to me; I will be lucky :-)
I've cleared my bank accounts several times due to gambling in the past, casino+forex. You must stop.
Invest in alarm clocks
  • #5,763
  • Dec 22, 2011 2:18am Dec 22, 2011 2:18am
Quoting Tony112
I've cleared my bank accounts several times due to gambling in the past, casino+forex. You must stop.
I stopped oh yeah! No more money for gambling....
Don't give up
  • #5,764
  • Dec 22, 2011 2:21am Dec 22, 2011 2:21am
We are now way past eye sight... approaching 434 light years away from London open
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Invest in alarm clocks
  • #5,765
  • Dec 22, 2011 2:22am Dec 22, 2011 2:22am
Quoting geomink
I stopped oh yeah! No more money for gambling....
You have to stop even when you get your pay... i know it might be hard... look for stability and happiness
Invest in alarm clocks
  • #5,766
  • Dec 22, 2011 2:24am Dec 22, 2011 2:24am
Quoting Tony112
You have to stop even when you get your pay... i know it might be hard... look for stability and happiness
Tony,
have a great holiday and an happy new year
for you and your family
and thanks for all

G

:-)
Don't give up
  • #5,767
  • Dec 22, 2011 2:28am Dec 22, 2011 2:28am
Quoting hells angels
You know Tony, you're amazing
this is the first time im using the method live, and i had no gut to go along with the flows, so i was out when it booked me $36
but the flows still up but im out....weeew oh boy.....

Since it is the first time, don't get illusionned by a win.... my technique is destined to fail at an extremely high rate.... go by the book and don't settle down for small wins next time even though it's hard to resist....
Invest in alarm clocks
  • #5,768
  • Dec 22, 2011 2:32am Dec 22, 2011 2:32am
Quoting geomink
Tony,
have a great holiday and an happy new year
for you and your family
and thanks for all

G

:-)
Happy holidays... money comes and goes... i was discouraged a few weeks ago because of an unexpected $ loss too (not forex) I'm fine now
Invest in alarm clocks
  • #5,769
  • Dec 22, 2011 2:49am Dec 22, 2011 2:49am
Merry Christmas
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Invest in alarm clocks
  • #5,770
  • Dec 22, 2011 4:15am Dec 22, 2011 4:15am
almost 60 virtual pips gain turned off in BE

the same as yesterday NY O
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Don't give up
  • #5,771
  • Dec 22, 2011 6:08am Dec 22, 2011 6:08am
Quoting Tony112
Merry Christmas
AWESOME! Congrads Tony! EPIC WIN

I know I'm not going for the full +140, im going for +20, but Im loving this system, Tony!
  • #5,772
  • Dec 22, 2011 6:34am Dec 22, 2011 6:34am
Quoting SmartGXL
I'm not going for the full +140, im going for +20
how can you win with this system in the long run with a tight TP as that?
Don't give up
  • #5,773
  • Dec 22, 2011 6:48am Dec 22, 2011 6:48am
Quoting geomink
how can you win with this system in the long run with a tight TP as that?
We are still testing the idea, but the theory that we are working with, is that this approach is actually more profitable than the +140, due to the fact that you win a lot more frequently than the +140 does. The +20 TP wins on average, at least once per week (possibly two per week, one per Opening). The more frequent wins gives us the ability to compound more often, which gives us more profit over the long run.
  • #5,774
  • Dec 22, 2011 6:53am Dec 22, 2011 6:53am
Quoting SmartGXL
We are still testing the idea, but the theory that we are working with, is that this approach is actually more profitable than the +140, due to the fact that you win a lot more frequently than the +140 does. The +20 TP wins on average, at least once per week (possibly two per week, one per Opening). The more frequent wins gives us the ability to compound more often, which gives us more profit over the long run.
I see
What does Tony say about it?
Don't give up
  • #5,775
  • Edited 11:22am Dec 22, 2011 7:03am | Edited 11:22am
Thursday Dec 22 2011:

LO: +20
NYO: -2
  • #5,776
  • Dec 22, 2011 7:34am Dec 22, 2011 7:34am
so funny, pumping up the adrenaline
but close only got +4 hahaha.... i think i love this game
i am still learning trade properly....
  • #5,777
  • Edited 8:38am Dec 22, 2011 8:23am | Edited 8:38am
Quoting geomink
I see
What does Tony say about it?
Well the discussion lasted for many pages on this thread, but basically Tony feels that the +140 is the way to go.

But with all due respect to Tony (HE IS THE MAN), the math seems to show that the +20 makes more sense over the long run. The +20 has regular wins (although there is some evidence that the LO went 6 weeks last year without hitting), whereas the +140 has, in the past, gone months (2+) without hitting.

For me, I need some sort of regular wins, for now anyway. Maybe in the future, I will add the +140 as an extra system, for extra income, but to do that will require having twice as many funds available, because you are placing two trades at the same time, therefore having twice the draw down. The alternative idea I am playing around with, is using a 20-pip Trailing Stop on the +20 system, so that we lock in the +20, but have a chance to let a +20 winner run towards +140. I know for a fact that the +140 win that we had at the end of November, would have been a situation where a +20 win would have turned into a +140 win, as the price never retraced back to the nearest +20 level, it shot pretty much straight up and hit +140.
  • #5,778
  • Dec 22, 2011 9:41am Dec 22, 2011 9:41am
The Christmas scrooge ruined my stacks at 5 a.m....
Invest in alarm clocks
  • #5,779
  • Dec 22, 2011 10:49am Dec 22, 2011 10:49am
Quoting Tony112
The Christmas scrooge ruined my stacks at 5 a.m....
Tony - not sure what you mean - wasnt today a full +140 Epic Win? I thought that it was?
  • #5,780
  • Dec 22, 2011 11:13am Dec 22, 2011 11:13am
Quoting SmartGXL
wasnt today a full +140 Epic Win? I thought that it was?
if you read my previous messages you can see the SL@BE
Don't give up
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