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The Really Useless Thread

  • #55,041
  • Feb 7, 2012 2:30pm Feb 7, 2012 2:30pm
Quoting attila
I don't think so. PHDs, smart people failed at this. It's not that simple. Being smart does not matter here. I think what makes all the difference is endurance... and huge tolerance to pain. The Market shows you who you are, pretty much. Question is, can one face that?

Getting all philosophical here. Somebody hand me those napkins..
They make things much complicated than it should be. Most think they are very smart. That's the downfall.
  • #55,042
  • Feb 7, 2012 2:32pm Feb 7, 2012 2:32pm
Quoting pkimnyc
They make things much complicated than it should be. Most think they are very smart. That's the downfall.
Like I said, it's simple. But not easy.
  • #55,043
  • Feb 7, 2012 2:34pm Feb 7, 2012 2:34pm
Quoting pkimnyc
95% fails to learn from their mistakes. Along with many other things.
Took me forever to learn take a loss... To thick headed because I was so accurate, pulling in 90%+ ... but it's not much good if those last 10% clear out your account down to a margin call.

Now, I just welcome the loss. Stop out? Sure, whatever. switch directions? Wrong again? Oh well. Doesn't matter. Now one win for me takes care of around 10 losses or better. Today's monster trade I had today just paid for my next 15-20 losses on the 5m. And something tells me I'm going to have another win in there somewhere... LOL.

All that matters to me is my equity line trends upwards. Keep making that HH and HL on it
  • #55,044
  • Feb 7, 2012 2:37pm Feb 7, 2012 2:37pm
Quoting attila
Like I said, it's simple. But not easy.
40% win, 60% loss can still give you good profits. It's not about being right. Keep things simple, then it becomes easier.
  • #55,045
  • Feb 7, 2012 2:38pm Feb 7, 2012 2:38pm
Quoting pkimnyc
40% win, 60% loss can still give you good profits. It's not about being right. Keep things simple, then it becomes easier.
It's about managing risk.

Being right is awesome though too. A high accuracy + solid r/r... yeah, golden.
  • #55,046
  • Feb 7, 2012 2:39pm Feb 7, 2012 2:39pm
Just snatched a quick 10 pips on the short
  • #55,047
  • Feb 7, 2012 2:50pm Feb 7, 2012 2:50pm
I think I'm missing something here. Anyway, it doesn't matter...
Quoting Fudomyo
having died and come back I can tell you the afterlife is highly overated.

(I was dead 11 minutes)

so is combat. blah. all of it. peple attach so much mystery and interest to things that are so completely boring. shooting people until they are dead is completely overrated.

why do people think it's cool? it's a pain in the ass like any other job.

you can be the most expert stapler in your division and get a fucking trophy for connecting two pieces of paper together.

fck ya!
  • #55,048
  • Feb 7, 2012 2:58pm Feb 7, 2012 2:58pm
Quoting Fudomyo
yeah, I was ranting, no offense intended. I'm on a tear tonight....
It's OK. That's what this place is for.
  • #55,049
  • Feb 7, 2012 3:11pm Feb 7, 2012 3:11pm
s/o 3206 s.. if it looks right att.. i will scalp s 3274 area. to target 3232/37 or 3196. just looking atm. 3274 is half way from 2962 till 3587
those who can, do. those who cant, talk about those who can
  • #55,050
  • Feb 7, 2012 3:15pm Feb 7, 2012 3:15pm
Quoting gatorinla
s/o 3206 s.. if it looks right att.. i will scalp s 3274 area. yo target 3232/37 or 3196. just looking atm.
say gator, you have anything near 3307/14, thanks PTL..
Look Sharp/Trade Tight
  • #55,051
  • Feb 7, 2012 3:25pm Feb 7, 2012 3:25pm
Quoting PayTheLimit
say gator, you have anything near 3307/14, thanks PTL..
near.. the yellow is the mirror for 2918. those yellow are the mid for 3389.
i don't know why.. but the pair remembers where is was going. more times then not it does go back. the problem is timing it.
Attached Image
those who can, do. those who cant, talk about those who can
  • #55,052
  • Feb 7, 2012 3:26pm Feb 7, 2012 3:26pm
hope u don't mind me answering too: Weekly H5 1.3317, where big bulls rest some.
Quoting PayTheLimit
say gator, you have anything near 3307/14, thanks PTL..
dreams do come true.
  • #55,053
  • Feb 7, 2012 3:32pm Feb 7, 2012 3:32pm
You should see me ranting... LOL. I'm very sorry for your loss. This year was very though for me too. Lost my mother, a couple of very good friends. I can't take it to hear anybody else dying on me...

So yea let's clean the bastards' watches.. .lol.

Quoting Fudomyo
thanks mate

sometimes I feel like I need to say something to some one.

I haven't been able to say. and I can't complain to the people close to me because they look to me for support.

so I have been very quiet. I am a pillar for people around me. I have no choice.

but truthfully, I have been through hell this year. I miss my mother and son so much. I cry even though I'm a tough son of a bitch. I miss them so much there are no words. this is my life and I getting on with it.

we are here to trade. let's go
  • #55,054
  • Feb 7, 2012 3:46pm Feb 7, 2012 3:46pm
Quoting PayTheLimit
say gator, you have anything near 3307/14, thanks PTL..
3308 bro
  • #55,055
  • Feb 7, 2012 3:49pm Feb 7, 2012 3:49pm
Quoting wannaberich
hope u don't mind me answering too: Weekly H5 1.3317, where big bulls rest some.

are u ok with spike
  • #55,056
  • Feb 7, 2012 3:50pm Feb 7, 2012 3:50pm
Quoting wannaberich
hope u don't mind me answering too: Weekly H5 1.3317, where big bulls rest some.
dont mind at all..
Look Sharp/Trade Tight
  • #55,057
  • Feb 7, 2012 3:51pm Feb 7, 2012 3:51pm
Quoting kill56
3308 bro
Look Sharp/Trade Tight
  • #55,058
  • Feb 7, 2012 3:51pm Feb 7, 2012 3:51pm
Quoting gatorinla
near.. the yellow is the mirror for 2918. those yellow are the mid for 3389.
i don't know why.. but the pair remembers where is was going. more times then not it does go back. the problem is timing it.

history


line in tha sand what do u think
  • #55,059
  • Feb 7, 2012 4:02pm Feb 7, 2012 4:02pm
[quote=gatorinla;5360063]

they also buy less (they have less money) they buy less from exporters like Germany. Greece is small.. add in a few of the other smaller ones. when a country like Germany has a 3% growth outlook. and you take away most of the spending of a few small countries that 3% turns negative real quick. #54567

kill...
anyone saw what happened with German industrial production report?
those who can, do. those who cant, talk about those who can
  • #55,060
  • Feb 7, 2012 4:02pm Feb 7, 2012 4:02pm
Quoting gatorinla
near.. the yellow is the mirror for 2918. those yellow are the mid for 3389.
3378 is a quarter of last years range, and 3385 is 125% of last months range, both in range today..
Attached Image (click to enlarge)
Click to Enlarge Name: chart5.gif Size: 22 KB
Look Sharp/Trade Tight
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