Search results

I like zig zags. It means there is no fearful uncertain guessing. There is observation, analysis, decision making, simple action. No fear. Money comes. Now.

MODERATOR - Please stop this b_s

Do you have a brain? I was not trying to discuss trading, as ANYONE with an IQ of 80 or more would instantly know. I was doing what I was doing, i.e. telling YOU to f off if YOU do not want to discuss trading. F off

Please f off if you dont want to discuss trading.

He's Australian. That explains it. The majority had sensitivity bypasses at birth. Of all the countries I have lived, Australia has one of the most beautiful geographies and pleasant lifestyles, and it is a very nice country, but has the most insecure and emotionally blocked people.

Nor will you.

This is out of line. 1. If any of you have added as much value as Jack I will eat my shirt. 2a. If you were lonely and single in your 70s Im sure you would take a caring, lovely woman in her 40s 2b. If you wouldn't do 2a you are lying to yourself and so cant be trusted. Period.

Very nice document JH

Jack Thanks again for your wonderful posts (by the way your writing is a lot more concise than it used to be). Regarding anti-whipsaw - one would only take profits if they were right in their estimation of direction, and then that direction changed. If, however, one's leading...

"The market has to be obeyed to make money. There is no deck of cards involved."

Enlightening.

Jack that post was frame-able. I read several sentences multiple times to really get them. The analogy to watching a battle was very good. You are really trying to help people. Some people are not trying to learn. Thank you. I wish I could talk to you sometime.

Redmanplus Your illustration of short term flipping (smaller profits, but more frequent profits) beating position trading has two major flaws - it ignores the losses and slippage. Stop size. With a two week position, you could hold for two weeks with a 3 ATR (avg daily true range) stop...

Get a basic trading book. It is often helpful to use the same risk per trade - so can work your edges. Risk is risk to stop. e.g. if account is $100,000, and you want to risk 2% on a trade, then if the distance to your stop is 2%, you have to use the whole $100,000. If the distance to your stop...

How do you position size? Just $100k? No volatility or risk to stop sizing? Stops are 2% regardless of vol? Do you trail stops? Look into not trailing - may help you as allows some winners to run to end of day.

where do you live?

Agree totally.

Why arent some Americans open to hearing bad things that are true? You only hear good things?

Lived in Sydney for 5 years. Without a car is not really feasible. It can take 45 min to get to the beach from Paddington in the bus - and 10 min by car. Take a girl out in the bus or cab? No - its nothing at all like Manhattan - a car is essential. Used to live in Manhattan - better quality of...

When did you move Kiwi? For some reason I thought you were in Auckland. Still doing the HSI?