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Slack replied Jul 30, 2010Thanks for the tips. I've had that book on my list; need to bump it up right after I'm done with Al Brooks. And that thread looks good.. reading through it now.
Anyone using Avg W < avg L?
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Slack replied Jul 30, 2010Thanks for the reply. Yeah, I understand. I just have a hard time deciphering when to cut and step back or reverse. Guess I need to incorporate the 4hr, too, which I haven't been. Still had 2 good trades this morning... much homework to do this ...
Amyc Trade Journal
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Slack replied Jul 30, 2010Do you target the TP based on a multiple of the SL, measured move off the main Fib or ? Thanks
(binned per thread starter’s request) GEfx Trading Journal
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Slack replied Jul 30, 2010Couple more questions for you if I could.... Is it a good idea to stay away from trading this method on Fridays? Do you have any rules/guidance on stop and reverse positions? We had a open above the PP today. The EU make a few attempts at the Daily ...
Amyc Trade Journal
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Slack replied Jul 29, 2010Understood... and agree. But, should we not be prudent any and base a strategy/MM on a 50% or less win percentage?
Anyone using Avg W < avg L?
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Anyone using Avg W < avg L?
Started Jul 29, 2010|Trading Discussion|8 replies
Does anyone know of a professional trader that uses an avg W < avg L? I was under the ...
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Slack replied Jul 28, 2010I just started following your method and it looks really good. Do you follow EUR/AUD at all? Looks like a nice upside potential if it opens above the weekly pivot next week. What do you do after the daily/weekly targets have been hit. I've started ...
Amyc Trade Journal
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Slack replied Jul 27, 2010That's funny. Actually, I've tried the opposite side trick, but then my subconscious kicks-in and reverses my reverse... that crafty bastard!
Under which conditions would your trading fail?
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Slack replied Jul 27, 2010Under what cond will my system fail? Just about anytime I'm awake and actually using it. Otherwise it is guaranteed No Loss system. I plan on writing and selling an ebook on my 100% No Loss system, and starting up a trading room so you can watch it ...
Under which conditions would your trading fail?
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Slack replied Jul 25, 2010Yes, exactly. Back in the late 80's I used to buy used cars and stuff and flip them for a profit. Thought I was getting cute and tried to graduate to boats. Little did I know at the time, the recession was just ramping up. Got my ass handed to me by ...
Billion Dollar Day - Documentary 1986
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Slack replied Jul 25, 2010If you've never experienced a live auction, I would highly recommend visiting one. It's really quite an experience. Plus, there is a direct parallel between what you'll see at an auction; the larger the better, and what we see happening on our ...
Billion Dollar Day - Documentary 1986
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Slack replied Jul 25, 2010Free most of the time... except when you hopped a neighbor's fence to "help them prune" their plants. And didn't bring anything to carry it in, so you shove it down your pants.... whoa.... nice big red itchy rash!
Billion Dollar Day - Documentary 1986
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Slack replied Jul 24, 2010Yep, that exact quote is what caught my eye too. Looking back at my trades, virtually every loser was preempted by a lengthly analysis on my part.
Billion Dollar Day - Documentary 1986
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Slack replied Jul 24, 2010FYI, trading someone else's money; i.e., your employer, could/would increase the stress levels exponentially. I was a Buyer for an Aerospace company for 10 years and was far more careful with their money than I ever was with my own.
Billion Dollar Day - Documentary 1986
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Slack replied Jul 24, 2010Thanks. Found a good interview with him here url
Billion Dollar Day - Documentary 1986
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Slack replied Jul 23, 2010Thanks for vids. Hard for many of us think people traded with nothing more than a telephone and were still profitable. Wonder where all these guys are now or how long they lasted?
Billion Dollar Day - Documentary 1986