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gbppip replied Aug 25, 2009Edgetrader, sorry to see they have made a mess of your thread, Mate.
C4 Scalping
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gbppip replied Aug 25, 2009You are correct, Mate, the market does not care about my goals. That's why I have to tend to my account and quit when I reach my goals. No one knows if their next trade is going to be a winner or loser. When I hit my goals, I quit and tend to other ...
Long term Profits within Negative Expectancy
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gbppip replied Aug 25, 2009Sorry Mate but the rat did not find a pattern. The rat found what worked best. The Yale students were looking for a pattern. The rat just turned left.
Scalping Verdict
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gbppip replied Aug 25, 2009Averaging down, when used properly, is a valid strategy, Mate. For example, if you only put on part of your position to test the waters, it is OK to add to it SO LONG AS you do not blow your stop loss or your position size. Stick to your per trade ...
Averaging Down with Support & Resistance
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gbppip replied Aug 25, 2009The rats don't think, Mate, they rely on instinct. The rats beat the Yale students.
Congrats! You just joined 5% or less
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gbppip replied Aug 25, 2009Guess he hung himself in your eyes, Mate, even with 10+ vouches.
Forex Mentors - The Best Investment You Can Make?
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gbppip replied Aug 25, 2009If I could get the rats to trade, there would be an equilibrium shift.
Congrats! You just joined 5% or less
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gbppip replied Aug 25, 2009That's right, Mate, take your entry when it happens. After you hit your daily quota, what would be the reason to take another trade? How soon after you exited that last trade would your next trigger fire off? If you take one more trade and that ...
Congrats! You just joined 5% or less
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gbppip replied Aug 25, 2009image Asia is pushing the pound down. Anyone get the drop?
Daily Scalping the Asian High and Asian Low 2 - You want simplicity?
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gbppip replied Aug 23, 2009That's not what I am saying at all, Mate. It doesn't matter how many wins you have. What matters is setting a goal, achieving the goal and stopping. Come back tomorrow and trade again. Don't let the rat beat you.
Long term Profits within Negative Expectancy
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gbppip replied Aug 23, 2009And they will not let you keep exploiting that, Mate. The market has built in edges and the rat knows how to exploit them. Traders think they are smarter than the rat. The rat beats them.
Long term Profits within Negative Expectancy
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gbppip replied Aug 23, 2009When to stop trading? For every $1000 in your account, let's say you risk 1% per trade. You set your stop loss at 10 pips and your position size is 1 minilot. If you make 10 pips, with 100% leverage, you make $10 or a 1% return. Do you quit for the ...
Congrats! You just joined 5% or less
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gbppip replied Aug 23, 2009You have to learn to quit while ahead, Mate. Don't push your luck. Come back to trade another day.
Long term Profits within Negative Expectancy
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gbppip replied Aug 23, 2009No. Different skill sets.
Does being a Good Chess Player make you a better FX Trader
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gbppip replied Aug 23, 2009The jokes on me, Mate, jolly good one. However, I did find a dynamic support resistance indicator for MT4.
Strat's Long Term Stress Free Trading
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gbppip replied Aug 23, 2009Glad you enjoyed it, Mate. Now make it work for you.
Consistent daily/weekly profits
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gbppip replied Aug 23, 2009"The Ethics of Trading - Is Trading Parasitic?" To answer your question, Mate, I would have to say, "YES". There is a winner and a loser. Some traders bust out. They lost it all. They were "eaten" by other traders.
The Ethics of Trading - Is Trading Parasitic?
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gbppip replied Aug 23, 2009Can you truly assign an expectancy to trading?
Long term Profits within Negative Expectancy
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gbppip replied Aug 23, 2009Actually Mate, there is one thing about roulette that can make it predictable in the short term - the dealer. If the dealer spins consistently, you can watch where the ball is released and "predict" where the ball will land within 5 spaces on the ...
Long term Profits within Negative Expectancy