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    Trading with a Stop Loss in the Futures Market is for Losers

    Yes, the results are better than random, but my experience has been that I can't possibly predict the timing of the setup nor it's being triggered, though. Not that doing so would matter, because even if I could predict it, I would still have to observe a specific sequence of events to take...
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    Trading with a Stop Loss in the Futures Market is for Losers

    For all I know, the market action which leads to my setup and the timing of the setup actually triggering could be random, but I know with as much certainty as one can know something about the market that what follows the triggering of the setup is not random. My actual hypothesis is that the...
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    Not getting in....the right choice

    Clearly the circumstances that drive this sort of standing aside will differ from trader to trader, but, hell yeah you should consider it a "win", especially if you can identify an objective way to avoid similar negative expectancy trades in the future. Sometimes a trade signal can be like a...
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    Did Media Blow Greek Smoke Up Your Rectum? Is It Time To Short Yet?

    If you find yourself arguing with the market, one thing to try is shortening your timeframe, if you feel the need to trade counter-trend. The last thing you want to do is have a trade moving against you long enough that you start to stew over it. It just ends up making for revenge trading. You...
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    Republicans: Trillions Could Be Cut from Budget if We Eliminate Empathy

    Wow, insightful. What's your opinion on the wetness of water? I'm waiting with bated breath.
  6. L

    Republicans: Trillions Could Be Cut from Budget if We Eliminate Empathy

    If the American Left is so smart, how come they aren't rich enough to do whatever they want without resorting to taxes? Come on, they Left should be able to outwit the "stoopid mouth-breathers" on the Right into forking over all their money for a few beads, like the Europeans did to the...
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    Trading with a Stop Loss in the Futures Market is for Losers

    The rationale I had for joining this thread was that the title was completely dogmatic and I was pointing that out. I'm not denying there are ways to trade without stops, just saying that I haven't found one and, given the performance of my strategy, I'm just not looking to mess with a good...
  8. L

    Trading with a Stop Loss in the Futures Market is for Losers

    Sorry, man, but within certain parameters, the market is anything but random. My initial stop gets hit less than 20% of the time, i.e. I can predict, with 80%+ confidence, how much room my trade needs. If the market goes beyond that point, I simply stop out and re-enter. I view a stopped out...
  9. L

    Trading with a Stop Loss in the Futures Market is for Losers

    I wouldn't go through the trouble of creating another alias for a pissant like you.
  10. L

    Trading with a Stop Loss in the Futures Market is for Losers

    Coming from you that criticism doesn't really have any impact. My only failure of logic was in engaging with an idiot such as yourself.
  11. L

    Trading with a Stop Loss in the Futures Market is for Losers

    Sometimes a person hits a nerve because they make a point that the other person hadn't expected and it's a good point. Sometimes a person hits a nerve because they reach the other person's tolerance limit for stupidity. You hit the second kind of nerve.
  12. L

    Republicans: Trillions Could Be Cut from Budget if We Eliminate Empathy

    Government is a jobs program for white losers with Master's degrees in Political Science, Sociology, Social Work, Education and Public Policy, who go work in the various bureaucracies managing state and federal programs. Let those morally-preening douchebags get some real skills and do real work...
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    Trying to make it on my own

    Someone posted on this site once that good strategies' equity curves show growth interspersed with flat periods/gentle declines and bad strategies show growth, decline, growth, decline, etc., until they ultimately bust. Not sure where that poster got his data from, but it made sense to me, since...
  14. L

    Technical Analysis = CRAP

    I've found 1 thing that works for directional trading, so you'll get no argument from me that it's darn near impossible.
  15. L

    Technical Analysis = CRAP

    Yeah, I found the original poster's premise to be pretty far out there. First of all, no approach is ever going to be perfect and secondly, as long as an approach isn't perfect, it will never be adopted by every trader in the market, because someone will always think they can "build a better...
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    Technical Analysis = CRAP

    Then unlevered returns have to be lower. "Easy" and "high returns" don't coexist, unless by "easy" you mean that after putting in years of effort, you now are optimizing an existing strategy rather than developing one from scratch, which is always hard.
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    Doesn't this seem a bit excessive?

    True enough and there's definitely a mix of actual "smarts" and just being smart in knowing the right people and how to spin a good story to people lower on the market food chain going on. As with most things in life, grading is on a curve. So, maybe not "smart money" but "big money" is the...
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    Doesn't this seem a bit excessive?

    Anyone who's strategy did not give them a buy signal early this week needs to revisit that strategy. The best measure of how robust a strategy is is whether or not it forces you into the market before big moves. That's it, really. If you can do that, that's game-set-match for you as a trader...
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    Doesn't this seem a bit excessive?

    The market is always wrong, both on the upside and the downside. Once you commit to this reality, trading becomes a lot easier. Then it becomes a matter of breaking down the processes by which the market signals it's about to become wrong in the other direction.
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    Doesn't this seem a bit excessive?

    Your statement implies that there is also no "dumb money" b/c there can't be "smart money" w/o "dumb money" and so if there's no "smart money", there's no "dumb money". Do you really want to try to defend that, when there are so many posts here that indicate the poster is definitely "dumb money"...
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