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Trading Without a StopLoss

  • #1,141
  • Nov 29, 2013 7:27pm Nov 29, 2013 7:27pm
Quoting BeginnerJoe
{quote} I don't understand why someone with an 80% success rate need to ask other people what their method is. You don't see me asking you what your method is. I still wouldn't ask if you have 100% success because I know whatever you have is self-defeating by your own stops. This thread is for talking about not using stops, and not about the specifics of anyone's method.

My Method and every change for better or worse is in my journal, my testing data is all there aswell, don't see a point in hiding it, unless I'm trying to make money selling my method to people.

Stop are an important part of how I trade, without them despite being right well 100% of the time ( shoulda waited 15mins more LOL ) this last week a large move against me would kill me, but I don't trade at 0.01% risk level or want to.

I'm actually an alien from the plant Zipladodo, hey don't ask for proof!


Prove your profitable at this or shut up IMHO!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,142
  • Nov 29, 2013 7:35pm Nov 29, 2013 7:35pm
Quoting Turveyd
{quote} My Method and every change for better or worse is in my journal, my testing data is all there aswell, don't see a point in hiding it, unless I'm trying to make money selling my method to people. Stop are an important part of how I trade, without them despite being right well 100% of the time ( shoulda waited 15mins more LOL ) this last week a large move against me would kill me, but I don't trade at 0.01% risk level or want to. I'm actually an alien from the plant Zipladodo, hey don't ask for proof! Prove your profitable at this or shut...
If you are profitable, then be content with it. Whether someone else is, shouldn't affect you. I have no need to ask you to prove anything. I think you can guess why.
  • #1,143
  • Nov 29, 2013 7:44pm Nov 29, 2013 7:44pm
Quoting BeginnerJoe
{quote} If you are profitable, then be content with it. Whether someone else is, shouldn't affect you. I have no need to ask you to prove anything. I think you can guess why.

Your trying to stop people using SL's all together with your belief that there BAD, not saying it can't be done, but I'd like you to type 1 real thing that lets me believe your real and not just a newbie or a scammer!!


Me and most others think this is generally going to end badly and wipe peoples account much much faster than they normally would do.

You have to trade at such a small risk level, it's likely barely worth your time even if you are profitable.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,144
  • Nov 29, 2013 7:46pm Nov 29, 2013 7:46pm
Quoting BeginnerJoe
{quote} If you are profitable, then be content with it. Whether someone else is, shouldn't affect you. I have no need to ask you to prove anything. I think you can guess why.

I'm getting there, wouldn't say profitable yet, a work in progress but starting to look like I'm very close to being there, trying to make money for my given time currently.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,145
  • Nov 29, 2013 7:49pm Nov 29, 2013 7:49pm
Quoting BeginnerJoe
{quote} I explained it many times previously. But you are only here to argue. So explaining makes no difference.

LOL !!
You and Dave Barry .......

Living under the influence of the Weirdness Magnet


Read more here: http://www.miamiherald.com/2007/02/2...#storylink=cpy
http://www.miamiherald.com/2007/02/2...luence-of.html

are my favorites.

See, no argument? Just a laugh.
When the Joker is in the deck.. fear not and play it well
  • #1,146
  • Edited 8:21pm Nov 29, 2013 8:08pm | Edited 8:21pm
Quoting Turveyd
{quote} I'm getting there, wouldn't say profitable yet, a work in progress but starting to look like I'm very close to being there, trying to make money for my given time currently.
The fact you are looking in here suggests you are not going to get there, and you already know why because your subconscious has been telling you the reason all along. Unfortunately you will just have to find the solution or give up. Very few people succeed in this. If you are not doing better than the 99.9% of the people who fail, then you are not doing that badly.

The professional fund managers, with all their institutional advantages, are happy with a 7% annual gain. If you want more than that then your ambition exceeds you capability by miles. People trade small because they are aware of the risk. If you are not aware, then you are gambling. When you gamble, you will lose in the end.
  • #1,147
  • Nov 29, 2013 8:09pm Nov 29, 2013 8:09pm
Quoting BeginnerJoe
{quote} I think he gives enough to sign up with his other account.
What 'other account?'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,148
  • Nov 29, 2013 8:12pm Nov 29, 2013 8:12pm
Quoting BeginnerJoe
If you are not doing better than the 99.9% of the people who fail,
Which is just a number plucked out of your ass....backed up by 'my study is based of forum users'......which even that crock of shit you won't show, because you can't....because there is no study...because JoeKerr...you're full of shit!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,149
  • Nov 29, 2013 8:21pm Nov 29, 2013 8:21pm
Quoting realjumper
{quote} Which is just a number plucked out of your ass....backed up by 'my study is based of forum users'......which even that crock of shit you won't show, because you can't....because there is no study...because JoeKerr...you're full of shit!!
Why is my number so upsetting to you ? Is it destroying your dream ? I have a good feel for numbers. 99.9% is what I feel from people.
  • #1,150
  • Nov 29, 2013 8:22pm Nov 29, 2013 8:22pm
Quoting BeginnerJoe
{quote} Why is my number so upsetting to you ? Is it destroying your dream ? I have a good feel for numbers. 99.9% is what I feel from people.
It doesn't upset me....it just shows how full of shit you are.

Now...what 'other account?'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,151
  • Nov 29, 2013 8:26pm Nov 29, 2013 8:26pm
Quoting BeginnerJoe
{quote} . The professional fund managers, with all their institutional advantages, are happy with a 7% annual gain. If you want more than that then your ambition exceeds you capability by miles. People trade small because they are aware of the risk. If you are not aware, then you are gambling. When you gamble, you will lose in the end.
The above post plus this post..

Quoting BeginnerJoe
{quote} I have no idea what kind of forex I am trading. But the cost is acceptable relative to the cash I can generate.
equals this post....

Quoting Slim Buffett
{quote} .... Living under the influence of the Weirdness Magnet Read more here:

http://www.miamiherald.com/2007/02/2...luence-of.html .
I continue to live under the "weirdness magnet" simply via a reply.
Not sure why... It's the Weirdness Magnet !!
When the Joker is in the deck.. fear not and play it well
  • #1,152
  • Nov 29, 2013 10:18pm Nov 29, 2013 10:18pm
Quoting Nefser
Jexter - appreciate the well thought out reply. I think I need to be careful about the length of my posts, as compounding seems to be kicking in, so I'll try to be specific about certain things per post and therefore make this easier on the eyes (and quoting). jmn5611 - What death trade? Why would it have the massive, negative impact you seem to envision? Consider an initial buy lot of 4 at 135. Market keeps dropping, sell order for 2 @ 134 kicks in. Market keeps dropping, sell order for 2 @ 133 kicks in. Fully hedged - roughly equivalent to a stop...
With those numbers, your hedge would need a 75% retrace for breakeven. What if you only get 50%? What if it just continues straight down. As far as frequency goes, it only needs to happen once a year. Only once in 220 trading days does price need to take a hard move against you. Martingale, of any kind, is lethal....not if.....when.
If you are good at something, never do it for free--Joker
  • #1,153
  • Nov 29, 2013 10:19pm Nov 29, 2013 10:19pm
Quoting BeginnerJoe
For some people, just because they have no way of not using stop loss, they think nobody else can survive without it either. This is just indicative of lack of imagination or lack of experience/knowledge. It's even more amazing that they can tell someone's technique doesn't work even before knowing what the technique is. People like that are demoralized losers who can think of nothing but losing. jmn5611 provided a link to an excellent method in an earlier post that did not require use of negative stops....

I guessed you would benefit from that link. Anyone learns to trade this way will ultimately be a success.
If you are good at something, never do it for free--Joker
  • #1,154
  • Nov 29, 2013 10:35pm Nov 29, 2013 10:35pm
Quoting BeginnerJoe
{quote} If you are profitable, then be content with it. Whether someone else is, shouldn't affect you. .

Well THERE you said it Joe. "If you are profitable, then be content with it".

Then why dog those who might "dare" to use a S/L while you call it gambling.

STOP being such a hypocrite !!

You're worse than a government.
When the Joker is in the deck.. fear not and play it well
  • #1,155
  • Nov 29, 2013 11:14pm Nov 29, 2013 11:14pm
Quoting BeginnerJoe
{quote} I think he gives enough to sign up with his other account.
ok-OK he's gotta be after you as well, such a bastard! - sit tight, my friend, Mr. Snowden will catch him
The single most important factor is having control of your own life.
  • #1,156
  • Nov 29, 2013 11:41pm Nov 29, 2013 11:41pm
Quoting Mikkk01
{quote} ok-OK he's gotta be after you as well, such a bastard! - sit tight, my friend, Mr. Snowden will catch him
"This old man I've talked about
Broke his own heart, poured it in the ground
Big red tree grew up and out
Throw up its leaves, spins round and round

I know all this and more

So take your hat off when you're talking to me
And be there when I feed the tree"

It's the password Mr. Mikk01

Believe it.... or don't. Mr. Snowden is listening.


Inserted Video
When the Joker is in the deck.. fear not and play it well
  • #1,157
  • Nov 30, 2013 1:25am Nov 30, 2013 1:25am
Inserted Video
With a good book and quality paper you can fine wipe your ass.
  • #1,158
  • Nov 30, 2013 5:50am Nov 30, 2013 5:50am
Quoting BeginnerJoe
{quote} The fact you are looking in here suggests you are not going to get there, and you already know why because your subconscious has been telling you the reason all along. Unfortunately you will just have to find the solution or give up. Very few people succeed in this. If you are not doing better than the 99.9% of the people who fail, then you are not doing that badly. The professional fund managers, with all their institutional advantages, are happy with a 7% annual gain. If you want more than that then your ambition exceeds you capability...
Or I could be here because I'm bored and your funny well a complete nutter, who has had his SL hit to many times cause you can't trade at all.

Lol your 7% going slow is barely covering inflation, that would get me $35 per year, your method is really worth while to me lol


First month back trading I'm up 15% but barely any time to trade to busy, full time soon maybe then think 200% per month at first.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,159
  • Nov 30, 2013 6:08am Nov 30, 2013 6:08am
Quoting Turveyd
{quote} Or I could be here because I'm bored and your funny well a complete nutter,



I could never have put that so well.
When the Joker is in the deck.. fear not and play it well
  • #1,160
  • Nov 30, 2013 7:18am Nov 30, 2013 7:18am
Quoting Turveyd
full time soon maybe then think 200% per month at first.
Your are the only one in the world who can achieve 80% win rate and 200% account growth a month while still too busy doing something else. You are beyond special, and you should get on it straight away instead of here arguing.

I hope not everyone in this thread is like you. Otherwise the federal reserve won't be able to print money fast enough to cover your winnings. There will be nothing left for anyone else.
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