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Not very long, the more people you tell :) jk

Personally, I like using stops -- offensively as well. In the markets I watch (upsidedown-land tape), the best moves usually occur totally out of the blue on no volume and catches everyone off guard. What's the big deal about avoiding stops in principle anyways? I understand that in...

If you're gonna trade as if the house with a roulette wheel, I hope you've gotten over your aversion to pain. A casino's edge in roulette is mathematically certain; on the other hand, if you have 20 losing trades in a row, how certain will you still be of your edge?

Or "As if that blind rage had washed me clean, rid me of hope; for the first time, in that night alive with signs and stars, I opened myself to the gentle indifference of the world. Finding it so much like myself - so like a brother, really - I felt that I had been happy and that I was happy...

After watching the market trend for a period of time, there comes a point where you decide it's just too late for you to get in for the ride. Yet the market just keeps going on without you, so what other choice do you have but to try and enter trades in the opposite direction? That's it...

Refer to Sartre, Camus. Absurdity is part of the human condition. The nausea you feel is evidence you are alive. Learn to live with certain uncertainty. Upon this foundation, find your own meaning.

Imo, truly discretionary (profitable) methods should be embraced as such, and instead of dwelling on what you can systemize, focus on building your experience with the "intangibles". The fact that you are willing to find another method just for the sake of automation makes me wonder what...

By logical extension, what's the motive for mentioning at all that stops aren't a good idea? :) Oh yeah, my usual fav is muttering "goddamn motherf*cking piece of sh*t" for about 10 minutes at a time. To an onlooker I'm sure I'd be suspected of tourette's syndrome on any particular day, just...

Yep, drawdown is part of the "I make money every month unfortunately I need more than 5K in my account to make it worthwhile" club. Walk into any retail fx office and the manager will give you the same story.

Is anyone having this problem with globex futures? Help desk has no clue what is going on.

Anyone having trouble with TWS in entering orders? Every order I send either says "Cannot value contract at this time" or shows some very strange numbers (limit order at 619.000000001). Never seen this before, and just started 30 minutes ago.

Know your enemy. Know who you are making money off of and why.

Yes and how many pips at 50:1 can you lose before you blowout your $200? Every time the yen falls for a few months in a row, out come threads like this one. Then the yen spikes up a few hundred points and then it's back to the drawing board (and another alias). Regular as clockwork.

Save your breath Mav, some people just need to believe the world is flat, while apparently there are others perfectly willing to sell them whatever they want to hear.

You keep referring to 'other things' besides what I am talking about when I say 'desperate', so you know I'm not referring to you directly. I think you've taken what I've said too broadly and personally. The root of the 'hedging' concept which the originator of this thread questions comes...

This methodology is an end result of those who desperately want to continue trading while giving up any attempts at trying to time the markets they trade. Sorry boys, but trading = making timely decisions. There's no way around it, no short cuts. Just don't give up.

It's a mental crutch for those unable to close out a position at a loss. You never see this kind of garbage in the fixed income thread or anywhere else for that matter. Somehow, only in forexland. Sorry ES, granted you may be making a profit, but it's definitely not from "hedging" -- trust...

This was discussed in another thread before -- seems to sprout up every couple of months when someone exposed to the suggestion actually stops and thinks for a second or 2. http://www.elitetrader.com/vb/showthread.php?s=&threadid=47133&perpage=6&pagenumber=16 I said this before and I'll...

Despite the ever-changing aliases, I think the original coinzy principle still holds true: if the fundies happen to go my way, I book the profit; if they don't, I hold on and pray. Anwyays, wb coinz. May the fundamentals happen to coincide with your biases for a stretch longer than last...

"It feels like something crawled into my stomach and took a crap." B. Simpson