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Dopey replied Aug 24, 2009Try this. Write down your trading system. Post it here if you don't mind. I suspect it's nothing top-secret. I also suspect there are some holes in your system you're not seeing. Some of us would be happy to look at it and give an opinion.
TheChalleger's Journal - My Trading Journey
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Dopey replied Aug 23, 2009Good posts. The usury thing is really relative to Muslims. Even though Christians are of People of the Book (for those who don't know, Muslims only respect the religions of Judaism and Christianity - if you're a Hindu or Buddhist they think you're a ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 23, 2009Hey, have you read the God Delusion by Dawkins? If not, I'm sure you'll like it. I just read it in Jomtien over my holiday. Yesterday was the beginning of Ramadan here in the UAE and I'm pissed to no end. Having others' imaginary friends dictate to ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 23, 2009To answer the OP, I don't think trading is parasitic. All parties participating in trading do so willingly and with (hopefully) the knowledge of the risk involved. If I were to get a parasite such as a tape worm, it was not a willful act on my part ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 23, 2009Your argument presupposes religion predates morality. Like everything else about religion, there is no proof of this. Morality does NOT need religion, and to suggest that one who is religious is more moral than one who is not is arrogant, stupid, ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 22, 20098 year olds only have the morals and ethics imposed upon them by their parents and religions. One would have to be pretty naive to think that an 8 year-old could be said to have a developed moral or ethical sense, they don't even understand the ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 22, 2009Why does he have to be sure about next year? I mean, really, think about your question.
Congrats! You just joined 5% or less
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Dopey replied Aug 22, 2009Sure we do, but we do it as we grow. Morals and ethics don't really change as you age. What was wrong when you were 15 is still wrong when you're 50. The situations that arise may be new, but the moral and ethical questions are not. Also, asking ...
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 22, 2009I find it interesting that an adult needs to ask what is moral and immoral. I thought only kids needed to do that.
The Ethics of Trading - Is Trading Parasitic?
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Dopey replied Aug 19, 2009Phrased like this, it's wrong. Some, maybe many, maybe even most, but certainly not all fx traders are leveraged 100 times. I get a real kick out of the way so many speak with certainty on these forums when they are anything but.
Long term Profits within Negative Expectancy
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Dopey replied Jul 29, 2009This is true for many people. It's why it's been said that if you want to know whether to buy or sell, just ask a 5 year old to look at the chart and tell you the direction. That's the heart of the matter. You are giving power to the results of your ...
Benefit most from Demo Trading
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Dopey replied Jul 28, 2009That's your definition of luck. It's certainly not the standard definition, not even close.
4% A Day Forever
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Dopey replied Jul 28, 2009If luck can be defined as events in which you have no control and they affect you then that is luck and it most certainly exists. I suspect what you may mean is this: In trading I am totally responsible for whatever happens to my money. I may not be ...
4% A Day Forever
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Dopey replied Jul 24, 2009There are some days when you just shouldn't go near your computer. A big battle to be won is knowing when these days are, and then doing the right thing.
4% A Day Forever
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Dopey replied Jul 24, 2009Yes, it actually is. What most newbies don't realize is that they are saying and doing things that some of us have already done. We've seen dozens, if not hundreds, of people come on these boards and tell us how it is when they know nothing, yet ...
Has this been an unusual six months?
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Dopey replied Jul 24, 2009So why do you want to use them? After you answer that question, here's another. Ever heard of google?
little help with fibonacci
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Dopey replied Jul 23, 2009Pip Pirate, Anywhere in Europe would work as far as time zones, nice places to stay, great internet connection and something to do in the evenings and weekends. You could also do Bangkok. Great hotels, steady internet connection and the time zone is ...
Best place in the world to trade from?
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Dopey replied Jul 23, 2009Sure, it's hardwired. We don't like losing and we certainly don't like losing our possessions. Every person has a limit as to how much loss they can withstand, some more than others, obviously. I never even alluded to not being to overcome it. But ...
4% A Day Forever
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Dopey replied Jul 23, 2009A. You probably wouldn't have 6 open positions with a real account. The majors are correlated to a degree, as are the JPY pairs. B. There is no way in hell you'd let all 6 pairs go negative, especially 100+ pips. If you did, you'll blow out your ...
Has this been an unusual six months?
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Dopey replied Jul 23, 2009So, if you lose you lose $14???
What every new trader doesn't know about, even though it's been said a million times, is that losing coffee money means shit. Wait until your average position loses $5,000. Then tell me how you're going to keep ...4% A Day Forever