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Head 2 Head I would back Volente vs You anytime pal. All you keep saying this market will keep going up, that's not trading, that's market outlook.

The point I was trying to make is that markets continue operating on the basis of supply & demand, price reversals continuously take place at end of trends as well as within trends, you don't have to back a potential of trend reversal. If you aim to buy value within an uptrend all you doing is...

I am backing treble bottom, whether trend will or will not change can only be a 50/50 shot. Bottom formations that do work can provide a trader with a huge reward vs risk (I was bit late, as didn't spot it in time), there will always be failures & there will be successes.

I think he's become a full-time Pa.

Realize you were wrong and flip the phase.

Let's have another push up GBP!

Anyhow, I just want around 3/1 reward

Surely, looking back at stock index performance over.. Since the start actually, you could also refer to it as an investment :)

I meant losing all of your capital, in which case you are wrong. Lost opportunities does not equate to losing your funds.

Worst case scenario his cash could get tied up for a long time and lose % of value due to inflation, yet it still beats losing it to other traders, no?

The guy you responding to is correct. The aim is to always buy low and sell high, the rest is taken care of by PRM. You can mostly achieve a consistently high win rate when your targets are small anyway, the more pips you gun for the lower the win rate will be. The objective is to learn how to...

Disagree, I don't see the 'very' part, I'd have sold it here, but who knows, I'm not convinced either way.

So far no definitive rejection of upper levels on weekly time frame, therefore best to continue holding.

Looking good, few articles out from analysts suggesting GBP vs USD & EUR should tumble any time now. Hope not.

Gone with the wind...

Long NQ 6 point stop

@Maverick74 I consider bottom picking quite a lucrative endeavor as the sharper the drop in an index towards a weighted support the less the risk vs reward, which is key to sustain a positive equity curve. Could you possibly post more regarding your opinion on this being a net negative exercise...

Weekly chart of GBP/USD, TREBLE bottom, I'm going for 50% retracement test of current bear phase, which is sufficient reward/risk, stop below current lows, all on chart.

Infocol, over the counter, works like a charm.

Question: Why front run a potential market turnaround, even if mid-term one, wouldn't it be more prudent to wait for the move to start and then perhaps sell a retracement or God forbid go Long? There may be less potential ticks on offer, but considering how many times you have been stopped out...