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Ok so I suppose a low win rate is preferred and should be sought after as that is what is gonna make you a winner. Livermore was not disciplined to cut his losses when he should have because he believed he could make the BIG money by sitting. Well he did, sometimes. But see when he lost he...

Remember the words HIGH WIN RATE. Drill it into your brain. Let it burn deep into it. See MOST of my average downs WIN? Why? Because I know what I am doing. That said, I am human and make mistakes so I have contingencies in place. As far as MARGIN CALLS. Let me explain: I HAVE NEVER EVER had a...

Because I have a high win rate. The most important metric. As we speak or type or whatever just took another trade. Little ole MES worth hundreds of dollars in profits this trade.

Um..so you reverting back to hindsight? I thought hindsight means nothing?? Boy you are confusing. Well this is all I am giving you. Decide!

Making it present tense for you. This is what you see on your chart. It can be monthly..weekly..daily...1 hour...5 min...1 min. You are live. Make it yearly if you like. What will you do? Long or short?

Well it may make a difference in drawdown, perhaps sleepless night..trembling coffee cup hands... emotional toll on roller coaster rides,,,etc. Have I missed anything? Oh yea the constant harrassment by the wifey who waiting for the jackpot to make a run to Dillards. I had a friend who I taught...

Jsop, Mickey, and Overnight, You guys are trend traders..( I think). Maybe sipping on coffee with trembling hands LOL. Just joking guys. So what would you guys do? Your trend traders right? Should be easy right? So...long or short and why?

I gotta go run. Still working in the house remodeling. I don't know if I will get a chance to trade any more today and don't really care. But some of you might want to read my posts and shall I say "think" about it what the posts are saying, at least, at the very least contemplate the ideas. If...

BINGO! With ES I like to start with 1 or 2 contracts and add up to around 10 if I am feeling frisky that day. With MES I like to start with two but sometimes will start with 1. Next level I may add 2 or more or even 4. Third level get it up to 6 to 8. Usually by then if I am right price is...

ROFLMAO It is not a problem for me. You talking years! I am a scalper. I talk seconds and minutes. I care less about years ago. Means absolutely zilch to me. I barely care about yesterday.

Could have ….could have...could have. Lots of things could have. I don't run my life on could haves. I make judgements. Make a decision. Execute a trade. Have contingencies in place if my judgement is off and presto I am trading and not sitting on my ass wringing my hands worried about "could...

Here is some averaging down trades in MES and ES this morning. The big drop afterwards I would have shorted too and made a bundle but I left the Motorhome to go to the house and eat breakfast. Now mind you JSOP these were taken and placed there by the platform as I took them.. Of course, JSOP...

Bingo again!

Bingo on that time of day concept!

You still don’t get it. I don’t advocate averaging down on every trade in any context. And I am not gonna hold on and just hold on hoping it will come back, when I have averaged down. Every trade I average into has a point of adverse movement where I figure my premise to be wrong and I will just...

Sorry I only said what you yourself said in your own post. That you were willing to lose 500 points on a single contract or did I dream this last night, overnight? PS I am never and I repeat NEVER EVER as long as this earth exist and there is power to the exchanges gonna hold through a 500...

Yea it is extremely hard to attempt to change peoples W.V. and beliefs erroneous or not.

While you sit I’ll be averaging down and making some money. I even have averaging down techniques in downtrends and uptrends but I have to be jack on the spot..nimble and QUICK and KNOW when to jump over the candlestick.

Because it will not work in the real world of trading and that is what all those blasted gurus have hoodwinked us with. More often than not I am gonna be right averaging down and have a successful trade..make some jack...and have a high win rate. While the majority are taking loss after loss...

So...don’t trade. You can never know..right? Get a job at a grocery store bagging groceries. But you never know you may not get any tips? Or could stumble toting the groceries out to a car and have a multiple compound fracture of your leg and end THE bag boy career. The market is more logical...