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pipmutt replied Jun 15, 2012I understand completely what you're saying/doing (it's not rocket science
), and I made my points way back in this post, it's getting repetitive! The problem with discussions like this is someone starts a thread and expresses their opinion or ...1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012What about 'in the now', what the market is actually doing and telling us as opposed to what we predicted it would do when we opened the trade? If we adjust positions according to what the market is doing are we reacting or predicting? (I preferred ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012I'm out of my depth on that one, you have superior knowledge of the subject and therefore an advantage over me as I'm really not familiar with expectancy theory principles that apply to casino games. lol, me neither but it must have made sense to me ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012You're standing too close to it!
Amazingly most of the rest of your post I actually agree with! Wow, that's a first! 
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012There's a surprise!
Ok, so what are you doing when you reply to my post or have a conversation with someone, are you predicting or responding? You don't know what they're going to say even though they might be quite predictable (lol, Slim would ...1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012I was just using your analogy.
If you stick with your initial decision and don't move you won't catch it. If you react to what the ball is actually doing and move then there is more probability of catching it. My point exactly! Whereas what you ...1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012Of course initially one has to have a directional bias, and tools to help form that bias which are usually based on previous data, but ultimately it's the market which decides direction, once we're in a trade all we can do is react. Using your ball ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012Only in very general terms as each trade is different according to the market. My whole aim is to make as much as I can with as little risk as possible, by reducing risk as soon as is practicable and then using gains within a profitable trade to ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012And that's trading. We can't control the market, the only thing we can do and be totally in control of is reacting to what the market does, regardless of whether we're right or wrong about where we thought price would probably go. Predicting puts ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012So in a market which can be volatile and unpredictable one approach maximises profit when it gets direction right and the other relies on getting it right more often than wrong. I guess the question then is are we predominantly in the predicting ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012Agreed, I've always said that nearly every system or strategy has some degree of merit and potential, but we're not talking about indicators or line studies. I suppose it depends on whether you view the market as an adversary or an ally, a ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012Just explain that theory to me please.
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012lol, I said there's hope for you, it wasn't a stamp of approval
...the rest of your post really isn't worth replying to, maybe given time you'll learn.....or maybe you won't...1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 14, 2012I don't think Slim can reply right now, he's in the sin bin taking an enforced break!

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pipmutt replied Jun 14, 2012Despite that not being the issue here it seems some people want to make it the issue so..... Are you sure about that? So a martingaling, averaging, nedging, overleveraged, scalper is trading the best way because he adapted a strategy to suit his ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 13, 2012You think so? I thought it was superficial myself but then it seems some people are easily pleased.... Not really, question asked and answered. If the answer doesn't suit your argument then repeatedly asking the same question isn't really going to ...
1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 13, 2012No actually....for a change
.....but then even a broken clock is right twice a day!1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 13, 2012Good, bad, at least it makes sense which is more than can be said for some of the theories in this thread!

1:1 Risk Reward Ratio - Why it just makes sense
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pipmutt replied Jun 13, 2012Of course, why hand it to them on a plate, they'll understand it better and reap the rewards of their efforts. But then I guess some people just can't help asking to be spoon fed....
1:1 Risk Reward Ratio - Why it just makes sense