My Story, Need Advice - Page 3
Page 3 of 845 FirstFirst 12345 LastLast
Results 21 to 30 of 41

Thread: My Story, Need Advice

  1. #21
    Quote Originally Posted by ;
    ....his fingernails are dirty, he did not shave nor brushed his teeth for weeks, he has bruises from fighting roaming dogs,....
    You mean this man?



  2. #22

  3. #23
    Read this site by ff penis Far East Man:

    http://somewhere-far-east.blogspot.c...ot-sizing.html


    Additionally, excerpt by Binnooh:
    https://www.forexforum.co.za/trading...-scalping.html


    If you risk 5% #8211; you'll wipe out as soon as you've 20 consecutive losing trades #8211; 1 opportunity in 1,048,576 (about a million)

    If you risk two% #8211; you may wipe out as soon as you've 50 consecutive losing trades #8211; 1 opportunity in 1,125,899,906,842,620 or about a BILLION! ...

    Does that make you feel much better?

    As for exiting too early, can try out any of the following:


    1) Instead of buying 1 micro or mini lot, buy 2, and when you exit, shut 1/2 of your position, and leave the other 1/2 open.

    2) When using 1 micro or mini lot, enter a new position in precisely the exact same direction when you shut the 1st position.

  4. #24
    Quote Originally Posted by ;
    Read this blog....

    Additionally....

    Does that make you feel much better?

    As for leaving too early....
    Oh boy....and the hits just keep on comin'

  5. #25
    Quote Originally Posted by ;
    Read this site by ff penis Far East Person:

    http://somewhere-far-east.blogspot.c...ot-sizing.html


    Additionally, excerpt by Binnooh:
    https://www.forexforum.co.za/general...realistic.html


    If you risk 5 percent -- you'll wipe out as soon as you have 20 consecutive losing trades -- 1 opportunity at 1,048,576 (about a thousand )

    If you risk 2 percent -- you will wipe out as soon as you have 50 consecutive losing trades -- 1 opportunity at 1,125,899,906,842,620 or about a BILLION! ...

    Does that make you feel better?

    As...
    Fifty consecutive losing trades, twenty consecutive losing trades. Mist all chucking frighty. I realise this just pointed out opportunities and odd's, but forget all about mm, r/r and all sorts of other bs. Stop way before 20 losse's, and cotton on to a system, method, edge which works. The issue that is most crucial is to have more trades than losing trades, I know easier said than done, but once you get their mm, the rest of the bs, and r/r, is really immaterial. And yes I am on micro lots, but I am ahead.

  6. #26
    Quote Originally Posted by ;
    In trading? Really? I believed every traders prime motive was money, the more the better,...
    ...
    yes, I will say it again.
    It is all relative.
    Not everybody is trading to your cash.
    Or at least, cash is not the primary motivation for all traders....

    There are far superior, intangible reasons/motivations than cash.

    Quote Originally Posted by ;
    why else would anybody trade?
    I think'the search' (for the reply to your question) is your next quest.

  7. #27
    Quote Originally Posted by ;
    forget about mm, r/r and all sorts of different bs....The most important issue would be to get more winning trades than losing trades, so I know easier said than done, but as soon as you get their mm, r/r, and the rest of the bs, is so immaterial....
    OMG, enough already!

    Money management and risk:reward are certainly not BS or trivial, and no the most significant issue is not more winning trades than losing trades!

    Seriously, what world are some of you guys on?

    The figures in eagle-4x's post that you quoted, which he quoted from another equally clueless noobs post, are screwed, they don't make sense! The blog which he published a link to is pathetic, half a page of convoluted description about how to exercise 2% of your account and trade size, and the rest is some misleading nonsense about predetermined risk. The proposal to shut out a trade can be misleading, risk on the whole and profit on half? Followed up by some more nonsense about opening a new trade in the same way for a trade you shut paying spread for FA! And to top it off you are announcing and R:R is immaterial!

    And that is just the past few articles, this and other threads are filled with similar crap.

    Chrisonabike whatever happened to these forums, this is embarrassing! It is ok not understanding ask questions, post thoughts and ideas, discuss them, but to offer other people that are equally clueless guidance is the blind leading the blind and so is inexcusable!

    Come on folks, wise up, otherwise these forums will end up a standing joke in the trading community rather than an effective and valuable resource!

    -

  8. #28
    Quote Originally Posted by ;
    yes, I will say it again.

    You will find far superior, intangible reasons/motivations than money.
    Repeating it does not make it authentic!

    Give us an illustration of a number of these far superior, intangible reasons/motivations than money, unless you are another one who's full of it!

  9. #29
    Quote Originally Posted by ;
    Come on folks, wise up, otherwise these forums will wind up a standing joke in the trading community as opposed to a practical and valuable resource!
    '. .end upward...'?

    Come on Pip, I do not think 14 years at the game entitles you to some worthy opinion does it. . .wait... exactly what?

  10. #30
    Quote Originally Posted by ;
    much superior, intangible reasons/motivations than cash
    I'm here for the women.

    Wait. What?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.