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Trading Without a StopLoss

  • #1,221
  • Dec 1, 2013 10:41am Dec 1, 2013 10:41am
Quoting nubcake
{quote} It makes me tired just thinking about the level of mental gymnastics you must be performing to convince yourself that you are profitable, and that I'm just a troll. Truly tiring, and I'm already tired from deciphering what you pass-off as words and sentences. Why is this thread still alive? Joe has you all transfixed with his no-stops. There is no spoon.

Nub your just a TROLL everyone on this site hates you and your rants and wants you banned.

I'll bet you don't even trade, just Troll!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,222
  • Dec 1, 2013 10:44am Dec 1, 2013 10:44am
Quoting Mikkk01
{quote} That sounds pretty arrogant Do you really believe that anybody except a couple of desperately needy newish newbies will even think of such a bullshitty crap complimented with your every moment escalating medical condition like of something more than a subject to laugh at?
Don't call Turveyd needy. Just that he has the positive mental attitude to succeed. I do what I can to help when it comes to knowledge and experience.
  • #1,223
  • Dec 1, 2013 10:44am Dec 1, 2013 10:44am
Quoting nubcake
{quote} Why is this thread still alive? Joe has you all transfixed with his no-stops. There is no spoon.
Cause it's SO FUNNY!!!

Yeah, I've been transfixed by a non-stopping laughter since I found this thread
The single most important factor is having control of your own life.
  • #1,224
  • Dec 1, 2013 10:46am Dec 1, 2013 10:46am
Quoting BeginnerJoe
{quote} Don't call Turveyd needy. Just that he has the positive mental attitude to succeed. I do what I can to help when it comes to knowledge and experience.

So nothing, cause you haven't got any!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,225
  • Dec 1, 2013 10:47am Dec 1, 2013 10:47am
Quoting Mikkk01
{quote} Cause it's SO FUNNY!!! Yeah, I've been transfixed by a non-stopping laughter since I found this thread

But making fun of people with serious mental issues, does after a while start to feel a bit sick sadly!! cause it was fun until then.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,226
  • Dec 1, 2013 10:51am Dec 1, 2013 10:51am
Quoting Turveyd
{quote} Nub your just a TROLL everyone on this site hates you and your rants and wants you banned. I'll bet you don't even trade, just Troll!!
I'm sure if I had a journal thread with nothing but my dribble, for years, and getting nowhere then you'd come to understand why you... are a muppet.

http://www.gunnuts.net/wp-content/up...y-trolling.jpg
Congratulations ScalaFX for coming out of the closet!
  • #1,227
  • Dec 1, 2013 10:51am Dec 1, 2013 10:51am
Quoting BeginnerJoe
{quote} Don't call Turveyd needy. Just that he has the positive mental attitude to succeed. I do what I can to help when it comes to knowledge and experience.
Seems to me he doesn't think your yappin makes any sense, but you always write some uncanny crap so I won't even ask, at the very least you agreed with the rest - you're moving forward.
The single most important factor is having control of your own life.
  • #1,228
  • Dec 1, 2013 10:55am Dec 1, 2013 10:55am
Quoting nubcake
{quote} I'm sure if I had a journal thread with nothing but my dribble, for years, and getting nowhere then you'd come to understand why you... are a muppet. http://www.gunnuts.net/wp-content/up...y-trolling.jpg

Thanks Nubs for reading it, bet you wish you could comment hey, sorry no low life TROLL's allowed.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,229
  • Dec 1, 2013 10:59am Dec 1, 2013 10:59am
Quoting Turveyd
{quote} Thanks Nubs for reading it, bet you wish you could comment hey, sorry no low life TROLL's allowed.
I bet I haven't read it, other than the tool-tip popup when you manage to make it into the recent posts list at the bottom of the forum front. I bet I open it up now and all it is are pages upon pages upon more pages of hidden posts by just you, and occasionally some dumb newb who hasn't figured-out yet that you are useless, and then more pages of just you dribbling to yourself. I bet if I picked a random post on a random page you'd be talking shit.

I bet I don't wish I could comment, because it's bad enough that you are here stinking up the thread with posts, some of which I unhide just to see what it is exactly that is going-on between you and Joe. 2 peas in a pod of clown makeup.
Congratulations ScalaFX for coming out of the closet!
  • #1,230
  • Dec 1, 2013 10:59am Dec 1, 2013 10:59am
Quoting Turveyd
{quote} But making fun of people with serious mental issues, does after a while start to feel a bit sick sadly!! cause it was fun until then.
I thought that first also, but, anyway, I never intended to contribute to his severe desease, I just show him how crazy he is using his own words And he seem to agree with some No, no more laugh at sick people ... ...
The single most important factor is having control of your own life.
  • #1,231
  • Dec 1, 2013 11:03am Dec 1, 2013 11:03am
Quoting nubcake
{quote} I bet I haven't read it, other than the tool-tip popup when you manage to make it into the recent posts list at the bottom of the forum front. I bet I open it up now and all it is are pages upon pages upon more pages of hidden posts by just you, and occasionally some dumb newb who hasn't figured-out yet that you are useless, and then more pages of just you dribbling to yourself. I bet if I picked a random post on a random page you'd be talking shit. I bet I don't wish I could comment, because it's bad enough that you are here stinking up...

And I read some of your recent posts, general Trolling and picking fights and being Nasty as we expect from you.

Your opinion is lower than Joe's.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,232
  • Dec 1, 2013 11:11am Dec 1, 2013 11:11am
Quoting Turveyd
{quote} And I read some of your recent posts, general Trolling and picking fights and being Nasty as we expect from you. Your opinion is lower than Joe's.
And yet, some people have found my posting to be on point. Nasty or not.

Amusing how someone with a low IQ such as yourself can't seem to tell the difference between something they read that is smart versus something that is dumb. If you could do that you'd never press the post button on any of your replies. In a forum full of idiots you stand-out like a sore thumb.

I'm surprised you bother to use stops. You are the perfect candidate for no-stops. You've got that special something.

So I tire greatly from this for now. I feel stupider for having read your posts, like usual. But it was worth a brief laugh. Please leave plenty more stupidity for me to read later. I have no doubt you will oblige.
Congratulations ScalaFX for coming out of the closet!
  • #1,233
  • Dec 1, 2013 11:26am Dec 1, 2013 11:26am
Quoting Turveyd
Your opinion is lower than Joe's.
That's low. So low, it's below the belt.
  • #1,234
  • Dec 1, 2013 11:38am Dec 1, 2013 11:38am
Quoting BeginnerJoe
{quote} I have pointed out numerous times previously that stops are but one of several equally valid options to deal with that situation. The argument has been that stops are the only option because the loss is predicted to run for many years, indefinitely, or any other similarly enduring lengths. I have never stated people can't use stops. But I have consistently pointed out to people the mathematical fallacy of stops. When you put yourself in a position where you guarantee yourself a negative edge, it shouldn't be surprising that you will end...
A stop loss is not a negative edge any more than a "take profit" is a positive edge. Otherwise you could just put a TP and no SL and have a positive edge. And about the whole "guaranteed to buy high and sell low" with a SL, likewise you are "guaranteed" to buy low and sell high with a TP. So? What happens when you trade with both a SL and TP, is a single trade both guaranteed to buy high and sell low, but also buy low and sell high? Or are some trades guaranteed to buy high and sell low, while others are guaranteed to buy low and sell high?
  • #1,235
  • Edited 12:14pm Dec 1, 2013 12:04pm | Edited 12:14pm
Quoting eurotrash
{quote} A stop loss is not a negative edge any more than a "take profit" is a positive edge. Otherwise you could just put a TP and no SL and have a positive edge. And about the whole "guaranteed to buy high and sell low" with a SL, likewise you are "guaranteed" to buy low and sell high with a TP. So? What happens when you trade with both a SL and TP, is a single trade both guaranteed to buy high and sell low, but also buy low and sell high? Or are some trades guaranteed to buy high and sell low, while others are guaranteed to buy low and sell high?...
No bank will exercise a guarantee so that they would buy high and sell low, unless the loss is offset by greater profit elsewhere. So no, on the whole, TP doesn't give a positive edge, but occasionally it will. If you use TP and SL, SL will be hit majority of the time and the tiny TP edge cannot balance the loss. But if you use TP and don't use SL, then there is a positive mathematical edge. But the banks will ensure this is as small as possible. This is their business and their job.

Most people with some experience would have noticed quite frequently the price moves as close as possible to the TP but never touches it. You might dismiss this as coincidence. It isn't, and it's just the banks doing their job. You can use this as an advantage: set the TP slight further than you want and exit early manually when the price approaches the fake TP.
  • #1,236
  • Dec 1, 2013 12:30pm Dec 1, 2013 12:30pm
Quoting BeginnerJoe
{quote} No bank will exercise a guarantee so that they would buy high and sell low, unless the loss is offset by greater profit elsewhere. So no, on the whole, TP doesn't give a positive edge, but occasionally it will. If you use TP and SL, SL will be hit majority of the time and the tiny TP edge cannot balance the loss. But if you use TP and don't use SL, then there is a positive mathematical edge. But the banks will ensure this is as small as possible. This is their business and their job. Most people with some experience would have noticed quite...
What a load of crap!

Yes, of course banks will track your 0.1 lot activity but in a couple of months they'll all run out of money - there will be nothing to pay for those who do that.

And as you exude so much turd you must look something like that:

http://i1.ytimg.com/vi/NzyOtl4MDC4/hqdefault.jpg

I hope banks will show some mercy to such a creature.
The single most important factor is having control of your own life.
  • #1,237
  • Dec 1, 2013 12:38pm Dec 1, 2013 12:38pm
Quoting Mikkk01
Yes, of course banks will track your 0.1 lot activity
Indeed they do. They would even track 0.00001 lot. Any profit greater than 0 is interesting to them. They lapped it up when I used to toss them 0.0001 penny - 1/1000th of a penny for fun and testing.
  • #1,238
  • Dec 1, 2013 12:40pm Dec 1, 2013 12:40pm
Quoting BeginnerJoe
{quote} Indeed they do. They would even track 0.00001 lot. Any profit greater than 0 is interesting to them. They lapped it up when I used to toss them 0.0001 penny - 1/1000th of a penny for fun and testing.
Oh my gosh
The single most important factor is having control of your own life.
  • #1,239
  • Dec 1, 2013 12:49pm Dec 1, 2013 12:49pm
Quoting nubcake
{quote} And yet, some people have found my posting to be on point. Nasty or not. Amusing how someone with a low IQ such as yourself can't seem to tell the difference between something they read that is smart versus something that is dumb. If you could do that you'd never press the post button on any of your replies. In a forum full of idiots you stand-out like a sore thumb. I'm surprised you bother to use stops. You are the perfect candidate for no-stops. You've got that special something. So I tire greatly from this for now. I feel stupider for...

LOL see the issue is Nub's I actually have a proven Genius IQ, therefore all of that applies to yep you, LOL!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,240
  • Dec 1, 2013 12:50pm Dec 1, 2013 12:50pm
Quoting Mikkk01
{quote} Oh my gosh

But he's right, if you set your SL at 0.00001 pips away then 99.9999% of the time the banks will take your money LOL

Do you think he's really this stupid or just equally as bored as we are and trolling for fun ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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