Disliked{quote} mate just from the heart if you have any other thoughts on trading for beginners please expand here , all subject are welcome from you kindest regards from daveIgnored
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Disliked{quote} mate just from the heart if you have any other thoughts on trading for beginners please expand here , all subject are welcome from you kindest regards from daveIgnored
Disliked{quote} hehehehe :-) I do that as well sometimes. Then I am sorry for the long winded response that was probably not relevant to the thread. Delete at your pleasure :-)Ignored
DislikedEverything depends on the context. Sometimes getting the loss and being afraid of drawdown is a mistake, and switching direction is a double mistake. Sometimes being afraid of drawdowns will save your ass.Ignored
Disliked{quote} You must be kidding about flipping the trade right? There is absolutely no edge in new entries based on the outcome of existing trades.Ignored
DislikedEverything depends on the context. Sometimes getting the loss and being afraid of drawdown is a mistake, and switching direction is a double mistake. Sometimes being afraid of drawdowns will save your ass.Ignored
Disliked{quote} Of course I'm not kidding. And, of course, I'm not suggesting that the decision to flip is dependent on the outcome of the losing trade. What I am suggesting (actually, stating emphatically) is that you are an idiot for letting a trade draw your account down by 20%. If you are that wrong, then you should consider a trade that is closer to the structure of the market and the ongoing PA.Ignored
DislikedDD gives me motivation and excitement and purpose. Nothing better than a 95% DD and to trade out of it and turn it into profit. If you cannot trade out of your DD you are finished in this caper. It's like quicksand that you cannot get out of.Ignored
DislikedDrawdown from peak is probably the single most important metric required for sound money management.Ignored
Disliked{quote} draw down and getting the reversal and then into profit is better money managementIgnored
Disliked{quote} Yeah yeah... and hitting a number on the roulette wheel is better than loosing all your chips, forgive me, but you come across as a classic gambler.Ignored
Disliked{quote} i did in the early days 20 years ago when i started forex trading then learnt forex the bits they do not tell you , guybaker you should not judge people and i dont gamble not even on the Melbourne cup perhaps you should stick to forex before being judgementalIgnored