Search results

  1. V

    Tell me why I can't grow my account to $1M in 12 years

    Maybe because of his chart?
  2. V

    Wealth Should Trickle Up, Not Down

    Lol we shall see. 2020 landslide...mr T
  3. V

    Wealth Should Trickle Up, Not Down

    He lives in Boca Raton. You might wanna look that up. Could have something to do with it? Who knows? He doesn’t like Mr T and odds are never will.
  4. V

    Tell me why averaging down is a bad idea .

    The only hypothetical figures are my initial SL and PT based on my best guess which in turn is based on how I interpret PA. My entry is real. And it immediately bracketed with a hypothetical hard SL and hard PT. I say hypothetical because neither as been reached yet. MY initial RR is also...
  5. V

    Tell me why averaging down is a bad idea .

    ON apparently does the larger moves such as you describe. You are talking about in larger moves. Rarely do I do 50 pt moves. However, There is some truth to what you are saying. If I am going for a measured move swing trade (2 or more legs is how I define intraday Mm) say on a BO and then...
  6. V

    Tell me why averaging down is a bad idea .

    ON..To be sure averaging down IS not conducive to do in any and every trade. There are contexts in which it would make no sense to average down and if doing so the odds are that I will lose. In such a case it actually works against me increasing the odds of a loss. I only advocate it when the...
  7. V

    Tell me why averaging down is a bad idea .

    Well if it is JUST as easy then one has no APPARENT edge. IT CERTAINLY IS POSSIBLE THOUGH. But an edge puts the odds favorable for at least a small gain or BE after comm and a goodly gain if correct. There is ALWAYS uncertainty in the market. How we manage that affects our performance. When...
  8. V

    Wealth Should Trickle Up, Not Down

    Why not ain’t they progressive?
  9. V

    Wealth Should Trickle Up, Not Down

    I will make some comments on your mis-perception later. Right now I gotta go to church.
  10. V

    Wealth Should Trickle Up, Not Down

    I have been around for a few years. Of all the modern day presidents that I have known Mr T is probably the most humble. He outworks any of them I have seen in my lifetime. He cares for the poor and struggling. He really is trying to MAGA. He really is trying to keep (and is succeeding)...
  11. V

    Does selling make the price go down?

    Good morning down there in hot sunny Boca Raton. So what causes a drop in prices. Lack of demand so price goes down to where buyers are willing to buy OR LACK supply as inventories are drained OR lack of supply because sellers are backing off their offers therefore, buyers have to bid more if...
  12. V

    Tell me why averaging down is a bad idea .

    Must be their modus operandi. I been scalping since the 1990’s off and on when my career responsibilities afforded me the time..etc. To me it is actually easier today than then. We had no emini’s back then. As long as markets go sideways...up and down..I can scalp them. When they quit doing that...
  13. V

    Tell me why averaging down is a bad idea .

    See by taking a smaller profit I increase my win rate which is the most important metric imo but not in the guru's. Many of them foam at the mouth and say you can have a low win rate and do better than a high win rate by going for bigger moves. Problem is it is harder to assign probabilities of...
  14. V

    Tell me why averaging down is a bad idea .

    Of course one can have it go against them. That is what sl's are for. But if one has an edge just 60% then the losses or BE on the other 40% WON'T hinder the over all profit especially if one can have a high win rate. Anytime I enter a trade I know that I could be wrong 40% of the time. But I...
  15. V

    Company intends to delist next year. What happens to my short position?

    I would get my bacon OUT TODAY if it was me. If they decide to halt trading your bacon could get burn’t in the pan.
  16. V

    Tell me why averaging down is a bad idea .

    That is extracting 9.25 points out of the market in a narrow range market of 3 to 3.5 points when basically the market is going nowhere. And maintain a high win rate AND not give back paper profits on BE trade that went my way then against me. Of course, afterwards it Broke out to the upside and...
  17. V

    Tell me why averaging down is a bad idea .

    Ok here are the charts from todays PA and how I extracted profits from a tight trading range on a SIM in less than two hours from the open. This was done trading one contract at a time. 9 trades. 7 short. 2 long. All winners. These were small trades in size (one contract) for two reasons. A) I...
  18. V

    Tell me why averaging down is a bad idea .

    Scaling in as it moves is one’s favor is an ok tactic if one is a swing trader. But it doesn’t work too well if I am intraday scalping say the ES for 1 to 6 points which is generally how I basically trade. Scaling into a losing a losing trade (aka averaging down) is a tactic if done properly...
  19. V

    Tell me why averaging down is a bad idea .

    Averaging down is not a bad idea if you know how and when to do it. Averaging down is a bad idea if you don’t know how and when to do it.
  20. V

    Tell me why averaging down is a bad idea .

    One averages down or not depending on the context. And even if the context appears to be conducive to the tactic SL’s still have to be used.
Back
Top