- Search Metals Mine
- Turveyd replied Jan 6, 2014
Sadly I agree 100% with that, and had client of lost contract and forced my hand, that was the plan. Years of being beaten down and losing or breaking even recently, building confidence slowly. Sadly Multitask badly!! Back to my math's issue, Sin's ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
The next candle isn't really relevant as it could move 10pips! or 1 on M1.
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Too much fear even at 5% I worry to much I'll take a loss, as to barely take many trades, I did move it upto 10% really bad on the pyschological side of things, so backed back off to 5% and doing fine. I actually planned to quit, thought main client ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
5% is scarey enough for my account size currently. I'm stuck likely all week trading wise, might take a few when I have the kids, but alas work, work and more work this week
I don't multitask well!!why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Or just don't bother, there RANDOMly formed, think about it for a while, do they really, move the price to a level to draw the candles to give you lot clues ?? ofcouse not, RANDOM!
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Got to get a computer system written, to log all the white lines on the roads in my county with there details and condition by tomorrow AM ( months to collect the data, men lined up waiting on me ), so I better log off and W##K
Plus this will go ...why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
If you look at the open and close time for the candle ( use Magix's H1 plot over indicator thingy ) then the OHLC over that time will be the same, no real surpsire there, same market after all. M1 you can see if it bounced off a price 5times, or ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Because I get a 80% win rate not a 100% win rate, for me to take a loss the short term trend has to pretty much change direction, if it didn't change direction ever, then trading would be just too easy. I can tell you the direction with a great deal ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Wrong, regardless of TF, they open and close at a specific time, which is meaningless to the markets, I only look at the H and L not the O / C. If the low's are being rejected by a price then that's good enough for me to trade it, where it opens and ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
I wouldn't be making money if that was true!
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
10 losses in a row are possible, but 10 profits in a row are also possible, on 6 wins in a row currently although all small, stop focusing on the losing part, focus on trading better. I covered the 1Mil in a earlier post, to trade the same % risk ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Hard / impossible to get rich going so slowly and carefully, compounding works a lot better at 5% rather than 1% Obviously you need a method, which supports trading profitably before actually trading about 0%. Don't go all Chicky, she believes ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
But we've established Candles are randomly formed, they really are, but your still trying to predict the market based on single candles, you CAN'T, they are RANDOM move away from candles. Market is order based, 1000's of monkeys pulling it around ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Do what Nubs does, go around shouting at everyone that there WRONG WRONG WRONG, but never actually saying anything else, therefore protecting yourself from being wrong
Ofcourse hookers and hookers are well just obvious really, your a rockstar ...why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Capital protection is your way, my way is it's only money, time is the important thing, don't waste it being safe for 1 day we shall all die!! Been trading 5 - 10% for years, 10% is kinda high but don't really see the issue. Why do so many focus on ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Wrong, all that's been proved here is Candles are Randomly formed, due to the arbitrary nature of time and meaningless start and end times of the candles this is correct, but because this is what you want to believe then you fill in the blanks ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
I get them all the time, and about some about 50% which subscribe to me also, welcome to being a rockstar!!
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 6, 2014
Proximus, H4 traders, 60% is likely high doubt many get above 55%, M1 80% is possible. Yes if you trade at a really small level then you won't lose as much, but your forgetting you also won't make as much, are you here to make loads or lose a little ...
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 5, 2014
Middle failed, years of trying to use, I don't use that, I use a range based around a SMA and the results are so good there actually scarey. The markets are DEFINATELY not random, if you think they are, you've got more to learn, simple as.
why have you accepted the price-predictability assumption?
- Turveyd replied Jan 5, 2014
Distance from SMA's for me, a break of say >15 pips below 120sma on GU M1 chart has enough momentum to get that far and the market will likely continue down, so I'd be looking for a short on the next upper test of a faster range. If I was playing ...
why have you accepted the price-predictability assumption?