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Pitbull Trader with Position Building

  • #981
  • Feb 22, 2012 11:36am Feb 22, 2012 11:36am
Quoting moodybot
Hi Roughtrader

Lilly asks for the pitbull script, he asks for mptm, he asks to be shown loss profit loss.

Well, it a funny thing that having shown him loss profit loss cycle with the script and mptm the script doesn't count because its a basket script...WTF?

His next questions asking how to enter a trade just absolutely sums up the fact that the chap has just not bothered to read the thread or demo the method., as for bosuns, did he even look at the gifs, probably not...

I will ultimately have to switch him off but for entertainment value it...
mooddy its you who doesnt read/understand what i say..or you just simple just ignore it....lol

i wont say you are stupid..but i will seartenly not claim the oposite.

you guys keeps the cycle of bullshit....control DD--re read the thread--and so on...

why the H dont you just prove you are right in plain and simple manner..

if one can trade it...one can explain it...

and moody ..regarding you so called proff of the loss,profit,loss...
just keep dreaming.....its the same as having your 1st trade ever and it positive...then claim you cant be wrong...
StopLoss is for none belivers... Trust the Gurus..
  • #982
  • Feb 22, 2012 11:37am Feb 22, 2012 11:37am
Quoting roughtrader
it sure does
btw, while im learning DD control,
money managment is important for me,
Im trying to incorporate it inside the DD control somehow,
by using strikt rules, this is something I will try to develope further,
Im interested if this is something you already do, Thanks

Money management..... now your starting to think, most systems will stand a fair chance with decent money management, this one certainly teaches that but a certain amount has to come from the individual and before lilly pipes up, im alluding to the fact that the markets are slightly different depending on the session traded.

Chips is quiet right, if you hit DD more than 5%, stop trading, sit back think, Courtney understands that, what lilly the pink thinks is anyones guess.

M
  • #983
  • Feb 22, 2012 11:45am Feb 22, 2012 11:45am
Quoting moodybot
Money management..... now your starting to think, most systems will stand a fair chance with decent money management, this one certainly teaches that but a certain amount has to come from the individual and before lilly pipes up, im alluding to the fact that the markets are slightly different depending on the session traded.

Chips is quiet right, if you hit DD more than 5%, stop trading, sit back think, Courtney understands that, what lilly the pink thinks is anyones guess.

M
Moody you claim your basket..will always go loss.profit,loss

...so actually what your saying is this is the holy grail....
cause then ,,the only thing one have to do is open that basket..and sit and wait for it to profit....close it out...

and then open another again....repeating this......NO way to lose..

if you and your crew realy belive that BS,,,,then no wonder the world is mad...
StopLoss is for none belivers... Trust the Gurus..
  • #984
  • Feb 22, 2012 11:45am Feb 22, 2012 11:45am
Quoting moodybot
Money management..... now your starting to think, most systems will stand a fair chance with decent money management, this one certainly teaches that but a certain amount has to come from the individual and before lilly pipes up, im alluding to the fact that the markets are slightly different depending on the session traded.

Chips is quiet right, if you hit DD more than 5%, stop trading, sit back think, Courtney understands that, what lilly the pink thinks is anyones guess.

M
lilly the pink, now that is very funny. And to quote them

and so on...

They like to dish out insults but they hate to be the BUTT of jokes... which they are becoming.
  • #985
  • Edited 2:12pm Feb 22, 2012 11:49am | Edited 2:12pm
Quoting lillelise
Moodybot..

Once again you have just proved,that you have no clue at all......

you just fool your self..with your loss.profit.loss cycle..
any basket/hedge that is not calculated will sooner or later go into big loss or profit...

you guys are still talking pure nonsens..

but let me try to give a short resume of the method/system.

1 : enter trades according to the indicator/basket, and hope it will go into profit.

2: if a trade goes in loss..enter oposite way with a much bigger lot,,and...

You are not correct on all steps...
why do you do this....bro...if you are not able to understand...then
[b]don't try to be negative...

all steps you listed ..here are not correct...
there are finer points to control loosing trades...but only if you practice with patience....STOP adding Trades to existing trades....is one way of controlling DD.

IF you risk nothing you loose nothing....

Hedging with the SAME LOT size..Freeze losses.... think about it now....

The loss is locked in ...price is trapped.. What do you when price starts to move....do you sit a twiddle your thumb or do you stack in the direction of the move....

Never risk more than you are willing to loose
  • #986
  • Feb 22, 2012 12:06pm Feb 22, 2012 12:06pm
Quoting chips
You are not correct on all steps...
why do you do this....bro...if you are not able to understand...then
don't try to be negative...

all steps you listed ..here are not correct...
there are finer points to control loosing trades...but only if you practice with patience....STOP adding Trades to existing trades....is one way of controlling DD.

IF you risk nothing you loose nothing....

Hedging with the SAME LOT size..Freeze losses....
its same as taking the loss..

ps. would rather like to hear moodybut....about his claim..
StopLoss is for none belivers... Trust the Gurus..
  • #987
  • Feb 22, 2012 12:17pm Feb 22, 2012 12:17pm
Quoting lillelise
Moody you claim your basket..will always go loss.profit,loss

...so actually what your saying is this is the holy grail....
cause then ,,the only thing one have to do is open that basket..and sit and wait for it to profit....close it out...

and then open another again....repeating this......NO way to lose..

if you and your crew realy belive that BS,,,,then no wonder the world is mad...
You are the only one who has mentioned the holy grail.... no one else on this thread.

As it stands, the script i placed last night, the one that you are in denial about stands at $2.12, I might close that and run another one...... what do you think?

In fact, here is the gif, enjoy
Attached Image (click to enlarge)
Click to Enlarge Name: basket 14 (1).gif Size: 49 KB
  • #988
  • Feb 22, 2012 12:19pm Feb 22, 2012 12:19pm
Quoting moodybot
You are the only one who has mentioned the holy grail.... no one else on this thread.

As it stands, the script i placed last night, the one that you are in denial about stands at $2.12, I might close that and run another one...... what do you think?

In fact, here is the gif, enjoy
it is a holygrail...when you claim what you do....

no matter how many pics you post.
StopLoss is for none belivers... Trust the Gurus..
  • #989
  • Feb 22, 2012 12:38pm Feb 22, 2012 12:38pm
Quoting lillelise
it is a holygrail...when you claim what you do....

no matter how many pics you post.
Lilly, let me tell you a story, and before you start, yes it is true.

A mate of mine, retired now, in fact about the same age as brian you know, the one you despise..., well my mate was CEO of a very large company, he has engine design awards etc, he had 3000 staff working under him, now he said almost every day he would go talk to the staff, even the janitors.. and of course we said was that to kick some butt.

No, he spoke to the lowest on the shop floor because however much he knew, there was always someone that might say something that could make a difference to the operation of the company.

You might consider cutting people here some slack, maybe open your eyes and perhaps consider that there might be another way to do things.
  • #990
  • Feb 22, 2012 12:41pm Feb 22, 2012 12:41pm
Quoting moodybot
Lilly, let me tell you a story, and before you start, yes it is true.

A mate of mine, retired now, in fact about the same age as brian you know, the one you despise..., well my mate was CEO of a very large company, he has engine design awards etc, he had 3000 staff working under him, now he said almost every day he would go talk to the staff, even the janitors.. and of course we said was that to kick some butt.

No, he spoke to the lowest on the shop floor because however much he knew, there was always someone that might say something that could...
nice story...but why not just keep to the subject...

i reapet it just in case you didnt see it...:

Moody you claim your basket..will always go loss.profit,loss

...so actually what your saying is this is the holy grail....
cause then ,,the only thing one have to do is open that basket..and sit and wait for it to profit....close it out...

and then open another again....repeating this......NO way to lose..

right ? wrong ??
StopLoss is for none belivers... Trust the Gurus..
  • #991
  • Feb 22, 2012 1:10pm Feb 22, 2012 1:10pm
Quoting lillelise
nice story...but why not just keep to the subject...

i reapet it just in case you didnt see it...:

Moody you claim your basket..will always go loss.profit,loss

...so actually what your saying is this is the holy grail....
cause then ,,the only thing one have to do is open that basket..and sit and wait for it to profit....close it out...

and then open another again....repeating this......NO way to lose..

right ? wrong ??
Well, tell you what, why dont you take a few baskets and see......do some work, If one dissapears to infinity report on here, otherwise enjoy the money, probably be the first time that you are profitable.

And re read the story, you still havn't got it.
  • #992
  • Feb 22, 2012 1:15pm Feb 22, 2012 1:15pm
Quoting moodybot
Well, tell you what, why dont you take a few baskets and see......do some work, If one dissapears to infinity report on here, otherwise enjoy the money, probably be the first time that you are profitable.

And re read the story, you still havn't got it.

was the question to difficult ????????????
StopLoss is for none belivers... Trust the Gurus..
  • #993
  • Feb 22, 2012 1:20pm Feb 22, 2012 1:20pm
Quoting lillelise
was the question to difficult ????????????

Nope, just your ignorance.
  • #994
  • Feb 22, 2012 1:38pm Feb 22, 2012 1:38pm
Quoting moodybot
Nope, just your ignorance.

ignorance.???? hmmm lol rubbish

more because you know what you preach is totally bullshit..

and cant answer
cause you got caught...
StopLoss is for none belivers... Trust the Gurus..
  • #995
  • Feb 22, 2012 1:41pm Feb 22, 2012 1:41pm
Hi Chips and CW, thank you for all... I did a lot of mistakes volontairy just to learn... it is funny AND you learn a lot.... I have a question about the bazon indicator ... how do you use it?


Have a nice day
  • #996
  • Feb 22, 2012 1:52pm Feb 22, 2012 1:52pm
Quoting lillelise

ignorance.???? hmmm lol rubbish

more because you know what you preach is totally bullshit..

and cant answer
cause you got caught...

Oh Dear,

Lilly has snapped, cant trade, wont trade, cant prove that he trades....

Waste of good oxygen....... just a brokers mole, nothing more.

As you are such a rude fu"^er I think its time for the ignore button, you have been caught out this time Lilly, you offer nothing, clutching at straws still.... thoroughly unpleasant twat.
  • #997
  • Feb 22, 2012 1:55pm Feb 22, 2012 1:55pm
Ah, ignore button, the sound of silence.......bliss.
  • #998
  • Feb 22, 2012 2:01pm Feb 22, 2012 2:01pm
Quoting moodybot
Oh Dear,

Lilly has snapped, cant trade, wont trade, cant prove that he trades....

Waste of good oxygen....... just a brokers mole, nothing more.

As you are such a rude fu"^er I think its time for the ignore button, you have been caught out this time Lilly, you offer nothing, clutching at straws still.... thoroughly unpleasant twat.
LOL pure BS....

if you wont do it for me...then please answer for the others...im sure they would love the answer....

but instead..you keep ignoring a concrete question..and trying to turn it with some other bs posts...sad sad sad......but ofcourse thats answer enoughf in it self........

you wont give an answer..cause you know your wrong and caught in it...

StopLoss is for none belivers... Trust the Gurus..
  • #999
  • Feb 22, 2012 2:19pm Feb 22, 2012 2:19pm
Guys,

I have discovered a thread, which according to the thread originator could turn 75% lossers to 75% winners. The thread is only a few pages long, but it could be the "holy grai"l everyone wanted to have:

http://www.forexfactory.com/showthread.php?t=88786

Just practice, demo, don't ask the originator of the thread how he do it because he has none, and will not reveal to you nor can not explain to you how to do it. Just practice for a few weeks. Enjoy.

Edd
  • #1,000
  • Edited 3:06pm Feb 22, 2012 2:25pm | Edited 3:06pm
Quoting liberty55
Hi Chips and CW, thank you for all... I did a lot of mistakes volontairy just to learn... it is funny AND you learn a lot.... I have a question about the bazon indicator ... how do you use it?


Have a nice day
bosun lines gives you support and resistance based on some complicated calculations...looked it up...before you start using it.

on the 4H TF, using the main Trend( i use weekly....)
Trade in the direction of the weekly by BUYing/Selling at the weekly open in the line the weekly Trend.
- Price most times trades back to the previous weekly open...Better entry price is located at Bosun support.
- Using Position averaging.. you can pretty ...BUY at the LL and SELL at the HH and with time and patience wait the the trend to resume...

Well if there is now a major trrend change....you iimplement Loss prevention techniques...it simply means that the stock you purchase are now bad stocks..and will not be worthwhile to have.....GET RID OF THEM

I use it to identify the main points of S/R and location of price now.

But also with the square 48 indicator to identify HH and LL..you can place
limit orders and let the market fill those...

HH and LL gives ....common reversal points...and you are basically selling High and buying low
This is a classic old school method of controlling DD.

But these techniques....are use after practicing DD control the base method...you will feel the market and the cycle..and will build confidence...you will realize that position size and greed control is totally what's at stake here.


Its the second phase ....of the pitbul trader....but practicing the base method

Trading the strongest fastest currency...
1.using Position reduction
2. hedging to freeze lossing trades..then profit from the breakout movement
3. STOP Trading for the swings to move back to entries..this have huge impact on the DD..as the swings actually Reduces the DD Automatically...
4. Control Greed...Larger postions size compare to account size
5. Implement a business plan..to achieve the target
6. OPM is what we are working with...it takes time and sales to pull your business out of overdraft...NO RUSH
7. Trade SWAP run up and hold for interest payments... high paid intr currencies
8. BUY above the previous close and SELL Below-- Daily
9. SET your MAX DD limits and implement the techniques to keep it below

U can trade any currecy using the techqiues...and it builds confidence if you are trading live.....
Taking profit and paying the bills is all apart of business operation....SO if you keep making sales....you can pay the bills from those sales...instead of paying from your initial startup capital...

Happy trading keep growing the account.....

The truth is you can use these techniques trading any currency..

Pitbull Indicator is JUST the indicator..ONE use it for Market realtime information on the price and flow of money in and out of currencies.
However, this will cycle -Ve +VE -Ve....patience is key here


IT's NO holy grail..as some said....

There is no wrong or right way to trade...BUT by practicing any method..
you will discover you own path...
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