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No more trading for me today unless i get time in last hour. Gotta go to town. Garden tiller not working. I will see if the local repair place will clean the carb. However, today seems to be jacking up to be a SPB afternoon. For me, that means long entries on pb’s ...also averaging in to losers...

@Handle123 If you are referring to me on the 7 of the 7 then occasionally I do have a losing day. More often I will have a day with some losing trades but still a high win rate and end the day profitable. High for me, is at least 70% up to 90%. 60% to 70% I consider a fair percentage for the...

ROFLMAO that's a great post! HOWEVER, why wouldn't you want a high win rate? Is your mind made up against a high win rate?

Bpr I am not sure I have a program that figures all those stats. All i generally care about is win rate (high) and average win at least twice average loss. I know by the end of the day I’ll be fine. Providing my average win isn’t 1 tick ROFLMAO Here are 7 one contract ES trades i took this...

ok 50% win rate with average win 1/2 the size of the average loss. That better and more realistic? Lmao

80 to 90 win rate with an occasional drop into the 70’s. Average win at least twice the size of the average loss.

High win rate is not essential to be profitable but why in the sam hell would anyone prefer a low win rate? I mean, like if a traders strategy produces a profit, even with a low win rate, ...well...fine tune it to achieve a high win rate and that trader have just stepped up to a better level...

I agree a BE that doesn’t cover expenses cannot be counted a win. So when I say win rate that is what I mean. Only count the winners. For instance, I enter long on say ES it trades against me 2 points so I scale in to the loser (more fighting words LOL) with a second contract. It trades back...

Of course it is two different trades. And yes, they are related IN THE SENSE that the unexpected happened in the first trade hence that PA provokes a response in the opposite direction which is hard for some traders to execute. So it is most definetely related to dynamic price action. And since...

Stop and reverse for me depends on the context i.e. all the bars to the left and the bar dynamics i.e. “how” the past few bars and the present bar were formed. When you look at a chart you are seeing a static picture of bars that is largely devoid of the dynamics of how each one of those bars...

What can make it complex is you can have a reversal bar and followed by a reversal of the reversal! LOL

Are you asking if I know “how” to post a chart or would I post a chart illustrating the concepts?

Yea who said that? i.e. adding onto every candle? Schweiz talked about adding on with his grid...i think it was him??? Or was that grid discussion started by “salty” (morton). I just don’t remember.

Actually if they have the deep pockets and the savy, i.e. the knowledge, and the ability to execute trades that just keep compounding and compounding then they are probally a genuis instead of an idiot. LOL THAT SAID, the latter part of your post about Larry just might be spending his 40%...

ROFLMAO me a selective brain? You have one! What I said was said “tongue in cheek”. I was almost always disagreeing with him on his thread. You read something in my post i was not saying. I actually wondered if you were him! LOL

Well marketsurfer did get his 1000 point drop albeit long after he gave up and left the forum.

ROFLMAO....do you think Larry is a trillionaire? Schweiz should make haste and follow him. ET’s first trillionares!

Don’t forget starbucks. Shouldn’t they at least get an honorable mention? Plus why do you think people will read your trading book when you read no one elses trading book nor trading blog? ( info gathered from one of your prev posts)

Just ask soeswasbetter. He oughta know with a name like his....Lol

Now Larry...i thought you were the starbucks type of dude..skinny tight jeans with torn knees...black rimmed spectacles...pf flyers tennis..etc. Are you not? I have to say I cannot picture handle123 as a starbucks man....i have never seen any rancher...cowboy type...horse lover people in...