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pipmutt replied May 25, 2012......and cue smoke The very pertinent questions still exist and it's quite odd that to date not one of your 'group' has ever answered directly, hmmm.... Nothing definitive, no long term results, no statistics, heck not even a (live) trade example. ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 25, 2012It's impossible to do. The strategies are vague and constantly changing to suit circumstances after the fact (ie 'I wouldn't have taken that trade because of x y z rule/indicator/circumstance, sorry I forgot to mention it before!'). Retrospective ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 25, 2012Ok, so you'd rather be consistently profitable than be a trader. Well that's half the equation, what about risk:reward? Only from details of the occasional trade posted. Risk seems to be in the hundreds of pips (or perhaps even unlimited, those ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 24, 2012We're back to square one here (Sharpe), it depends how you define 'works' and where you set the bar as far as productivity goes (time, money, effort, risk, return). If your only criteria for 'works' is a bottom line profit, any profit, then there is ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 24, 2012Semantics, you are in fact using a stop loss! There's nothing wrong with having a wide stop as long as your reward justifies the risk, the obvious futility would be taking several small gains and one large loss. Obvious, but that's in fact what some ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 24, 2012Yeah they're not a loss until closed apparently, in the meantime they're just 'out there'! Looks like Slim is in need of a trading strategy....again! Guess he broke the last one......
Vote for your growth rate, Please!
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pipmutt replied May 24, 2012Absolutely, and it's surprising that some people don't seem to be able to understand the obvious benefits of one over the other.
No SL No Leverage Strategy - working so far
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pipmutt replied May 23, 2012Performance is not measured by profitability alone which is why I suggested some reading material for you, to help you understand. Although Sharpe Ratio can be manipulated and therefore isn't necessarily all that accurate, it should give you an idea ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 23, 2012You misunderstand. Google 'Sharpe Ratio', then maybe you'll understand a little more about 'performance' in this context.

No SL No Leverage Strategy - working so far
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pipmutt replied May 22, 2012Performance certainly is the measure of success, but it goes a little bit deeper than bottom line return. Averaging and martingaling strategies like Bob's et al tend to show very poor performance, and in comparison to traders it's pitiful. If you're ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 20, 2012Roulette isn't a comparable for some of the reasons stated. The futility is most of these 'recovery' strategies are a very poor use of time, money, and effort. They're designed and used by/for people who lack basic understanding and the ability to ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 20, 2012
....not sure about legends but..... Definitely, it would be nice to hear how you're getting on!Noobi strategy, working or fluke?
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pipmutt replied May 20, 2012Great, as long as you do the same with real money, it's tempting to do the opposite when you've got real money on the line, overcoming psychological issues can be a real hurdle. Too rich for me but that's just me, if you think those risks and ...
Noobi strategy, working or fluke?
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pipmutt replied May 20, 2012Excellent, your strategy is giving you the confidence to place trades and you place a priority on minimizing risk and cutting losing trades, but...... Some of the things you might want to consider are what happened when you blew accounts, and being ...
Noobi strategy, working or fluke?
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pipmutt replied May 20, 2012I can't believe you guys are talking about money and risk management as if it's some big revelation, it's one of the very first things everyone should know when they get into trading, it's pretty basic stuff! fierceman I don't think you can compare ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 19, 2012Yeah it's that supply and demand thing again..... (Just seen your troll spray, lol, classic!
)No SL No Leverage Strategy - working so far
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pipmutt replied May 18, 2012If you're talking about long/short same pair/amount (nedging) then sure the math works out, it's more expensive, that's clearly demonstrated right here in this thread. Some systems perhaps, others stand the test of time. As regards market analysis ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 18, 2012Funny how the person who accuses everyone who doesn't agree with him of being a troll and claims he is the the forum's 'troll-busting' saviour is the one with the most deleted posts! lol, look how that worked out!
On the contrary, we were having ...No SL No Leverage Strategy - working so far
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pipmutt replied May 17, 2012He tried but this is still an open thread on a public forum, the challenges, observations, and suggestions continue..... It's impossible to defend the indefensible so he has very few choices available to him when it comes to trying to justify his ...
No SL No Leverage Strategy - working so far
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pipmutt replied May 17, 2012Impact yes, both positive and negative! Your trade size is specifically designed to allow for 000's of pips drawdown, averaging, and martingaling which is why you're trading for pennies. Compared to a trade with a realistic stop and therefore a ...
No SL No Leverage Strategy - working so far