Recent content by college_trad3r

No, but you sounds like a guy who met a great girl, been with two weeks, and already thinking about marriage.

If there is an artifical selling pressure, won't funds sell before the deletion but after the announcement? So the effect would diminish because funds try to get out fast after an announcement?

Traderzones is right that you will probably blow out your account, read the third post you posted it will tell you everything you need to know it is so typical 100% the same as a post of a newbie trader :p

common sense?:p Actually because the market is random is is more likely you don't have a steady win rate of 60% everyday, but 100% one day and 0% the other day. So this is a meaningless statistic. :cool:

I think the number one factor is private ownership of land and buildings, and the ability to sell and buy them. You guys don't know how important that was to the creation of wealth :cool:

Interesting philosophy FB.. that price action is dependent on what one person sees himself and that it's not a mechanical fact, that is the same for everybody...when looking back at what somebody posted.. if more people know about your strategy it will work better. based on your philosophy it...

Good post FB. People should think logically. I followed the same logic but came to a different conclusion: running a trading room has always more profit potential than actual trading. think about it: you trade 10 contracts, a system that has 1.5-to-1 reward-to-risk, with 80% positive...

I used a failed system, it had a 95% positive expectancy, but 0.33-to-1 reward to risk. Needless to say the system failed eventually after a few consecutive losers, and high leverage. Funny considering the backtesting didn't show more than 2 consecutive losers. But hey i was trading the system...

+1 for this post Big Money As bad as it sounds, before you go into trading, you should have a plan C. For when you fail everything. It should not have anything to do with trading. And you should not try to avoid it if both plan A and plan B don't work out. Jreality's trade plan A was...

He's already beginning to make the targets smaller..?? A 2 points target with 3 point stop is a 0.66 to 1 reward to risk. not 1 to 1 as you mention. And trading such a risk reward with 8 contracts and $10k is suicide. Been there done that. :eek:

Sometimes I wonder... what if the manager who lost 99% didn't trade at all, but kept the 99% money for himself? Nobody would think it's a Ponzi scheme.

If I were you I'd trade 6 months with not even 2-3 contracts. 6 months don't matter in the long run how much money you'll make, if your strategy makes money it should make money after 6 months too, but $20k pissed away means alot in the long run. Unless the strategy is price action :p

Everyone seems a nice guy on the internet.. a 250 pound pool sounds a lot like a HYIP scheme. this is funny stuff, if not for the bitter aftertaste after being scammed myself:mad:

preferably a debit card on a bank account without overdraft fees. I heard that some banks don't care if your debit card is stolen, they will not refund overdraft fees incurred. an example is bank of america and citigroup.

Why does the market rise if the dollar falls? Does it even matter if the dollar falls? The market will rise exponentially!:p