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https://www.elitetrader.com/et/threads/martingale-system-in-trading.146187/page-2#post-2196097

Full disclosure, I ate a bag of dicks on that silver open.

There are a few concepts in trading that I dislike. One is trend trading because I mostly can't stand trend supporters. Yes, I actually mean the people who talk about trend trading. They are either completely clueless, or literal geniuses that cannot explain what they do to anyone in a way...

Exactly why I don't add to winning trades. Listen, you're talking to a guy who understands that being long and short at the same time is not the same as having a smaller position open in one direction. I get that even though the math is the same, they're not the same. I get that not combining...

Impressions?

Use multiple timeframes. Don't add when an entry is going against you. Don't risk more than 2% on a single trade. Don't let your account drop more than 6% in a month. Forget about all the cherry picked pictures showing indicators in the books. Managing finances is super difficult...

Even adding to unprofitable positions?

The onus of proof is on the person making the claim. The person who says it exists has to show that it exists.

Seriously, from looking at that chart I'm surprised price didn't reverse at the 14:05 candle.

Lots of them suck which means you can buy whatever you want and they're all the same. Here's what I said about books in another thread. Yes. I had a library full but sold them all because they were all worthless once I got past the beginner stage. Cherry picked charts with indicators. An...

Here I'm going to ask this one more time, is VIX the product that basically stays low but occasionally spikes up? Why wouldn't you just buy a bunch and exit on the spikes?

Are brokers with free commission profiting from the spread?

Your math above is wrong. Buy 1 at 20, SL 19, loss 1. Buy 1 at 21, you are now long 2 at 20.5 and your stop has to be 20. Buy 1 at 22, and you are now long 3 at 21. Your stop has to be 20 2/3.

There is a big ass thread here regarding hammers.

Dang, that's prediction.

Now you have to understand when the volume is done increasing, because decreasing price on high volume might have another decreasing on higher volume after it.

High volume at specific bottoms.

I must be onto something as everyone is telling me I'm doing it wrong. If I made a thread about Aroon indicator or something everyone would be like seriously, that's a good thing, you should keep studying this.

Your posts are hard to read. When you're not predicting you're doing it wrong. All trading is predicting, either direction, volatility, correlations strengthening, arbitrage is predicting, too, that a price difference will continue for long enough for you to profit.

Then, 1,200 to 55 maybe they are reverse splitting it.