Search results

Soros can't be compared to what we do. He is a fundamental trader, not a technical one. He holds positions a hundred or a thousand times longer than we do, so he has a very very different reference base. His style of trading borders on investing. Plus, he is a huge player, and has power to move...

Well, I've written you a decent and thought-out compilation of questions regarding backtesting etc. Apparently you're still in complete denial of it, you haven't answered (obviously because you know I'm right on it). You can't effectively backtest news trading, so you're violating your own...

I never said that adding to "losers" is OK, and I don't trade without stops. You just don't get it, do you?

Ah, good to hear about Baruch. Soros not left-wing? Well, he's a million miles more left than Bush for starters (just about anybody is, that dude is essentially a national-socialist rather than an actual Republican, anyway). Here is something about Soros' attempts to get Bush out...

So far I haven't seen you ride your winners because of news / reasoning yet... All I've seen in this thread so far is you cutting some of your best system trades short or BE because of news biases, and missing out on large profits. I will spare you an entire collection of your quotes here...

Myself, I always use stops, and I never add to losers, but I will add to positions that are technically "in the red", because it increases my R:R, while adding to winners is false, because it does the opposite. If you take the time to answer the questions / comments I have made in the long...

You're describing one of the main reasons people fail in trading. They want action, they don't want boredom. So they look at other things to fill the time, and / or overtrade. Free shark food for the patient ones. Well bro, I'm afraid that's the way our job is. If you don't like it, go and...

Yeah, great examples Baruch! LOL! :D Baruch's "successes" were never confirmed, Livermore went bust so many times, and then so badly that he put a bullet through his head. Gann was a confirmed shyster (his total estate when he died was not $50M, but <$100K, his family said he was crazy and...

The question here is whether that one move was worth the $30,000 per annum you pay for Bloomy, particularly in consideration of you having caught one in 15 years, so in the meantime you've spent $450,000 on Bloomy subscription until your chance came... I sincerely hope it was worth it. No...

Ditto. Amen to that.

I told you that before. In fact, not only is it not easy, but it's actually silly to try. All you'll do is jeopardize your system, as you've just done again. Have you backtested your system with news, or without news? If without news, then why do you look at news? I maintain it's a silly...

"You're doing all the wrong things..." - LOL! Baruch, how long have you been trading for? You seem to think you know what's "right" and what's "wrong" in the markets. Watch out! Fortunately, you're just at the beginning of your journey. As you do this for a few years, you will likely go...

Wow Baruch! You did it again! :eek: Obviously, my ES play turned out nice, and I had a few intraday trades in between, netting just over 10 pts, with the rest still running - But that's about 40T, in comparison to your 250T that is small change! Damn, I guess I should have paid more...

Mission confirmed. Re-entered ES short @1100.00. Holding hard.

I read Bill's interview again just a couple of days ago. There's lots of interesting info in there, yet his big time was quite a while ago, when not so many people were using TA, and a lot of things in the industry relied on "superior information". Also, please don't forget he was trading...

Trust me, I didn't like to in the past, either. However, I've recently realized that there are a lot of things nobody wants to do that bear the highest rewards (for just that very reason). One thing was trading longer timeframes (with then likely lower hit rate). I got over it. Then, holding...

Hey folks, I hope you all had a great weekend! I sure did, and upon my gf's convincing words, resisted the temptation of checking my positions over and over. As it turned out, above ES trade was one of the best I've made in weeks. "Was", because I just decided to get out. We might see a bit...

Since you're a newbie, I will be honest with you: It's nonsense. There is no formula, system, or framework that can predict the market - anywhere in the world. Not even in Harrytrader's mind. There are plenty of systems though that have a hit/success rate of 100% over a sample size of 10-30...

Jayford, are you planning to live there forever? Do you prefer the lifestyle to living in USA? If so, why? And since it's the Carribbean, how about (no) taxation over there? And last but not least - how long have you been trading for, anyway? :) Cheers!

Well, there goes the opinion! LOL! EUR tanked again, all the way back to yesterday's breakout level, far out... Well, when I saw that 50% level was tested again and again, I chickened out at the retrace, with a miniscule profit of a few ticks. I didn't trade EUR anymore at all from thereon (I...