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    Trading is a zero sum game

    Pabst, now that is funny. :D :D :D Somebody please close this thread before 2Good has a heart attack. Surely there is some lawyer out there just waiting for a negligence case whereby an internet board operator allowed so much garbage to be posted that a new participant became so enraged...
  2. I

    Always in Trading

    I wouldn't worry about it jasper, trading price closing across a moving average is nothing new. I have been doing it for the last three years. I use stocks instead of futures, and a 40 instead of 34, and an SMA instead of EMA. All you futures guys like the EMA. Just one more way to skin a...
  3. I

    Trading is a zero sum game

    There is more to life than P/L related in money terms. When you are making real money, every utterance and thought is not about making money. As you get older 2Good, you will see what I mean. :)
  4. I

    Methods and Systems Only

    Amen TriPack!
  5. I

    Trading is a zero sum game

    I am given an apple. Thank you. Having eaten my fill of that apple, I take a seed from the core and plant it. In time, the seed becomes a tree that produces many apples. More apples were created from the original apple. The circle does not close. In the futures and optons market, all...
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    Methods and Systems Only

    Speaking of which, doher has posted a method under the "Always in" thread. It is complete with rules of entry, stoploss, and exit. It looks neat. One of the beauties of the thirty minute trend is it is long enough to capture nice moves and short enough not to give it all back the way moving...
  7. I

    Always in Trading

    doher...very nice of you to post that method. It is not surprising that the method did very nicely in the months of june and july, they were very trending months. Methods that rely on price crossing a moving average for entry - my favorites - do very well during trending periods. My guess...
  8. I

    Are there any chat rooms that trade futures that could help a new trader???

    PM Huios. He is involved with 1 or 2 and I think they are free.
  9. I

    Methods and Systems Only

    Looks like anyone can add to this thread. Only TriPak can add to the GEMS thread. I, for one, appreciate that, and applaud it. That way I can go to that thread and know that I don't have to sift thru the inane banter that I post, and the baloney, bashing, and vulgarity that others like to post...
  10. I

    Trading is a zero sum game

    jaan, kind of close, but no cigar! Five guys come to play poker, 5 grand buy-in, winner take all. Total of 25 in the game then right? No more, no less. One guy wins it all. There is still a total of 25K. No more , no less. Zero sum means there is no net gain or loss! Period. ZERO...
  11. I

    Trading is a zero sum game

    The term zero sum game has nothing to do with profits or losses. I understand what you are saying El, but it has nothing to do with a zero sum game. I am not expressing an opinion. Zero sum means for every winner there is a loser of equal value. That is it. It doesn't matter about hedgeing...
  12. I

    Trading is a zero sum game

    Those stating that the equities market is a zero sum game are incorrect. As Jorge and others stated, the futures markets and the options markets are. The definition of zero sum game as it applies to markets refers to buyers and sellers. In a zero sum game, there is a buyer and seller for...
  13. I

    Conviction and averaging down

    The concepts of Averaging Down and Scaling In are not the same. There is a book titled, "You Can't Lose Trading Commodities" that purports the idea of scaling in a long position on the way down to what has been historically a low point. Scaling in is a calculated strategy, one decided ahead...
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    IB and PDT rule

    I understand the rules to be that once you are considered a PDT, then you must keep the min in there regardless. You didn't say whether you were or not. If not, then there should be no restriction. You might want to PM def if you want an answer tonite.
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    Exits-- targets vs. trailing stops

    Profitseer, you ELITE Member you. When I had TS I wrote some stuff and tested it with trailing stops, profit targets, and both. The both came out better. Each different method required some testing to optimize the trailing stop and profit target, but in every case using both produced...
  16. I

    Dow 5000 Nasdaq 800

    DAAT - right back to where we belong. Perfectly said. Exactly right. That's all there is to it, and there ain't no mo'!
  17. I

    Conviction and averaging down

    NYC you know better. Two of the rules of trading are, know your stop loss before you place your entry, and NEVER add to a losing position. I know you know the rules already. You just have to decide to obey them. No one here is going to tell you one thing you don't already know.
  18. I

    Are all prop firms money sucking, greedy, evil, capitalist pigs?

    Ron I will PM you with the details. LOL, I didn't even get the pun of your earlier post. Given that, are you sure you want my details? :)
  19. I

    Are all prop firms money sucking, greedy, evil, capitalist pigs?

    Btw Ron, the real Ron doesn't look like he's aged a day since the old FNN. But I remember when Sue Herrera had a different last name, a diifferent hair color, and I even think a different nose. Good luck with your choice. If I were single, and didn't have considerable responsibilities at...
  20. I

    Just because I am paranoid…

    Wow, Miki, that does suck. It is so crappy out there anymore .... Sometimes, I don't even want to play. What happened to integrity?
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