Excellent!
I feel that mindset #3 is something similar to a'zen' country, where the trader gets entirely focused on the market, rather than basing his conclusions on the outcomes of previous...
Type: Posts; User: anaslaclaxxas
Excellent!
I feel that mindset #3 is something similar to a'zen' country, where the trader gets entirely focused on the market, rather than basing his conclusions on the outcomes of previous...
Thank you for your positive comments.
Maybe I should have put the word ridiculous inside speech marks. I was working on the premise that mindsets #2 and #3 would look silly to many traders,...
Thanks everybody for your answers.
All I attempted to present was some open-ended insight to the manner in which distinct mindsets toward P/L, both 8216;textbook#8217; and otherwise, could...
Why trade naked.... When you're able to exchange Versace?
https://www.forexsoutheast.asia/attachments/1519365019353127332.png
94966Juan, this topic has been discussed many times before, e.g. here. It's inevitable that you'll get comment from those who trade profitably using indiors (or know others who do). And, on the...
Real blackjack pros NEVER use martingale. They gamble a unit consistently, when the probabilities are in their favor, increasing bet size just. And they must do this very carefully, lest they...
As I've mentioned earlier, I think than poker is, blackjack is much more akin to FX trading. Three motives, just off the top of my head:
1. In blackjack you're playing with a negative...
Re the plogy, I may have a trade move $50 against me, and it doesn't bother me any more than in demonstration. I've proved that on several occasions, to myself.
However, if I was trading at...
(assuming that we're using Ryan Jones' definition of MM, i.e. border = entries exits; MM = position sizing. Some traders see exits as part of MM, which adds unnecessary confusion IMO)
Mirrors my very own thoughts and expertise. Anybody who achieves consistent profit within 5 years' apprenticeship certainly has a lot more aptitude than me, LOL.
Or perhaps they have just had...
These are really excellent points that resonate with my current method of thinking. So far I've struggled to find any type of edge with my exits. I've thought that permitting profit run provides...
Plogically, yes. That is human nature.
Concerning bottom line, it depends on how one chooses to see possible versus actual. It might reasonably be argued that a missed 20 pip opportunity...
Point taken.
I was trying to say is that it's the web position that finally decides P/L, and that orders are little more than a car for adjusting one's web position. By way of example, if I...
Presumably that means that AUDNZD will move just a bit closer to 1.0000.
All's up our way, thanks Opie, we did not feel that the'quake here in Hamilton. Hawkes Bay enjoys a pleasant...
BE is a plogical to some technical, or statistical, threshold. Unless there's technical justifiion supporting any commerce direction egy, it adds no real edge.
Moving SL to BE more rapidly...
Hi Kris,
I only noticed your post today. It is possible that you misunderstood my post. I agree that there's no defined edge. All I was attempting to convey was that there are strategies...
I've enjoyed the discussion.
You have not completely convinced me of the merits of hedging, at least in relation to enhanced P/L, however I will see how it is able to offer convenience,...
Fair enough, Smash, I have no idea just how many FF members are long term profitable. It's not that important to me. Having said this, I do not believe everything that I read.
Anyhow, time...
948261 Structure (s) I am very sorry if I seemed arrogant in my previous post. It wasn't intended.
Many thanks for taking the trouble to post such a detailed answer.
Please allow...
94826 It was you who approached me with questions about if I used stops, and asking for more info about FXTitan. All I did was try to answer to the best of my ability.
If you want to earn a...
94826 I definitely DON'T advocate trading with no stops, or at least some kind of exit egy. Risk management is the main part in a trading strategy.
The point I was attempting to make is that...
Fair enough. Agree that the trader has to be ready to take some risk, to make a rewarding return; but also while sizing positions conservatively enough so that any'sudden' sequence of losses does...
I appreciate the honorable mention, however I#8217;ll continue to post within self-effacing style, for as long as folk continue to provide me praise.
Sure. Why would pros earning 6 digits...
58719 Dan, I'm not suggesting that a wide SLs and tight TPs approach is always more profitable; I'm just saying that there's no reason why one shouldn't think outside the squares beyond the...
MYTH: if a programmer has typed 5911 posts on FF (5912 now), then he must also be a consistently profitable FX trader.