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you...........you...you, ahole! :mad:

lmfao rob a bank without a weapon

r u trying to say mine's not great?! :mad:

hhaha

let me be clear. I NEVER WRITE POEMS. but i saw Tech Analysis post something in another thread and it gave me the idea. feel free to add your own shitty poems. :p dwindling account today i made some trades. as usual, they didn't go my way. it seems i always do the wrong thing right, but...

:mad:

that's how i feel today. i'm definitely in the dumps. :( :mad:

K. Johns, i myself, today, managed to lose a few hundred using less than $5k. why couldn't he have taken the opposite of my trades with the same amount of money? i did it trading ES. he could have used limit orders and traded the opposite of me. i don't understand why small accounts can't...

lol, dude, calm down. if it makes you feel any better, i am financially miserable, too. :( :mad:

K. Johns, aside from starting with a drawdown, why can't someone with a small account make money? if they can lose the money, why wouldn't it be possible to do opposite of his trades with the same amount of money, and make money?

lol :D great first post

for the record, my fixed 2 point stop was just for an example. for those that suggested putting the stop under recent support, etc.... let's just say that also happens to be 2 points away. would you exit a portion at 1 point away? so my point is..however you determine your initial stop, fixed...

yes, great example. that's exactly what i'm talking about. :cool:

throughout all of my terrible trading career, most of my trades consisted of a simple initial stop somewhere. when it got hit, i got out. i never liked it. as my frustration continues, i find myself looking to other ways of handling the initial stop. here are some ideas: 1) say you're trading...

TSaimoto, couple things...my example was only to illustrate a point. by no means am i using it as a real trading example. the $2 target and stop were pulled out of thin air. as for "Lose, double... lose, double... lose, double... " when did i say that? the concept i was discussing is about...

i spoke again to the mysterious person and we came to the following conclusion: he was right, but i basically phrased my idea bad. if something is 50/50, no amount of manipulating it will change it. (nitro said this well in another thread, too) HOWEVER, if you believe the market is not 50/50...

i was told it will not work through a PM. i will not repost PMs here. however, i will post something i read which gave me my idea... Day traders are in for the quick profit so it is hard to have a good add plan. Their best trade is to put all positions on at once where original and adds are...

actually, my idea wasn't about taking partial profits. it was about scaling out of losers. my example was: say you entered at 50, target 52, stop 48. hold entire position if it goes your way, but if it drops to 49, sell half. exit all shares at 48 or 52. so, a full position would be exited at...

:eek: i thought you might have edited that to make him look worse..but...... http://wwwi.reuters.com/images/2002-11-14T002158Z_01_GALAXY-DC-MDF148570_RTRIDSP_2_ENTERTAINMENT-PEOPLE-JACKSON-DC.jpg :eek: :eek: