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pipmutt replied Aug 26, 2009Instead of repeating the same question please read my previous replies, I've already explained it to you numerous times, thanks
You could start here, and post #331 at the top of this page, and then refer to those posts if you feel the ...Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 26, 2009coscorp, you're repeating the same question, I've already replied in post #331 at the top of this page.
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 26, 2009coscorp, this is old ground we've covered before (post #241 p17)
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 26, 2009Sure, I've also read his posts about how wealthy he is and how many millions he trades, that's great and I'm happy for him but they're unverified claims and totally irrelevant in this context anyway. He's selling a service to impressionable, ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 26, 2009Sure, there are more important things in life than trading, it's just a means to an end. I'm surprised by the amount of time some traders spend in front of the screen, like 16 hours a day, wow!!
Long term Profits within Negative Expectancy
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pipmutt replied Aug 26, 2009Just because I've challenged you about the accuracy of some of the things you've said that makes me a troll? Hardly. I really don't understand why you're so against discussing the issue reasonably....some of your comments were made over 2 years ago, ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 25, 2009coscorp, all it takes is a bit of common sense to realize some of the points I quoted below are misleading and others are just plain incorrect, it should be obvious to even the most novice trader but apparently not. If you think they're fine then ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 25, 2009Hi Walt This sounds like a combination of dollar cost averaging, martingale, and a form of grid trading...wow, talk about unconventional, you don't do things in half measures do you! Isn't the risk:reward skewed out the wazoo? Would the payoff over ...
Averaging Down with Support & Resistance
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pipmutt replied Aug 25, 2009Ok I'm only going to say this once, anyone with the same comment can refer to this reply. Not that it's relevant but I have never said I'm a better trader or know more about the markets. It makes absolutely no difference in this discussion whether I ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 25, 2009There's no need to go after insane profits though, just a decent and consistent return, and there's nothing to change that as far as I can see. If an edge starts to become less effective then it's going to become obvious fairly quickly, that's the ...
Long term Profits within Negative Expectancy
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pipmutt replied Aug 25, 2009Which came first, the chicken or the egg? At some point the market will have had to start digesting that knowledge/information, the idea is to realize when that digestion process begins and in which way it is being digested, and then try to follow ...
Long term Profits within Negative Expectancy
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pipmutt replied Aug 25, 2009Just as I expected, you're understandably reluctant to discuss those points (which you made incidentally) and prefer to talk about my trading instead. Can't shoot the message so try and shoot the messenger, typical. My trading isn't relevant, I'm ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 25, 2009I think it's an impossible task. I don't believe anyone can conclusively prove long term profits within negative expectancy because 'long term' isn't clearly defined.
Long term Profits within Negative Expectancy
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pipmutt replied Aug 25, 2009Exactly, and it's perfectly possible for an intraday trader to make 300 pips out of a 100 pip directional move. While a weekly trader is waiting for his trade set-up and waiting for it to play out (win or lose) an intraday trader could have been in ...
Long term Profits within Negative Expectancy
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pipmutt replied Aug 25, 2009It's not an unjustified belief though, there usually are more trade set-ups. There are more reasons for trading intraday than simply 'instant reward', for example a trader with limited capital may find longer term positional trading wouldn't be a ...
Long term Profits within Negative Expectancy
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pipmutt replied Aug 25, 2009I very much doubt you'll agree to it but why not stick around and have an open and rational debate about the (in)accuracy and merits (or otherwise) of some of your opinions, such as..... "When you trade with the trend, even if you make a mistake, ...
Forex Mentors - The Best Investment You Can Make?
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pipmutt replied Aug 25, 2009Hi FX-Petra He wasn't lying to you, stop-hunting is an everyday occurrence especially in this market and anyone who ignores or denies it's existence is trading at a distinct and unnecessary disadvantage simply through ignorance.
Long term Profits within Negative Expectancy
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pipmutt replied Aug 24, 2009Am I misreading this? The market's ebb and flow is clearly visible on an intraday chart.
Long term Profits within Negative Expectancy
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pipmutt replied Aug 24, 2009I understand your frustration, maybe you need to look at the market and trading from a different perspective as there are several common misconceptions in your posts. Good luck! Right, so there's the difference. That's a fairly common psychological ...
Long term Profits within Negative Expectancy