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It was humor. At least I thought it was. Guess that is what I get for “thinking”. Pure humor. Nothing else. I cannot buy any more humor. Will not charge it on credit card and cash has to go to trading...living...retiring...and killing time on ET. Peace my friend...

Enjoy your retirement wheezoo. I too try to keep my cc’s paid off and have many cards collected over the years. No arguing here. Just a tiny bit of humor is all. It is getting boring being old and watching the markets..I think I need a trip to the beach in the Motorhome but first have to make...

Ignorance is no excuse. That is what I have heard all my life. He can learn to quote properly and trade properly.

Yea... kinda of, but it works this way.. first entry in averaging down is LOL, 2nd ROFL, 3rd ROFLMAO just thinking of all the money I gets to make while maybe Wheezooo is trying to learn to be a sociopath so he can have an edge per his definition in post 149. I gotta go. Take some meds...sugar...

For the time being it is downgrade to Lol. It is a bit funny that Wheezooo is taking credit for starting thread when ffs1001 appears to be the one starting the thread.

No it wasn't necessary. Your right. I will downgrade it to just Lol. And if necessary will downgrade even further..maybe eliminate it all together. Unfortunately, I can get too dramatic sometimes. Things do strike my funny bone especially if my sugar level is off as I am a diabetic.

Lol ....don’t think losing conditions is an edge. An edge means to have a slight advantage over someone else. In that def is implied ANYTHING that renders giving that advantage. So.....being able to recognize winning context with higher probability as opposed to not being able to can indeed be...

THERE is ALWAYS a point of just exiting an averaged down position..take the loss and look to get it back but it does take sone psychological stability to double up and reverse. I cannot be focusing on the money but must focus on the process. If a trader cannot do this then of course it is better...

Time to wake up! might be buying time fer you?

From a scalpers viewpoint trading on a 5 minute chart with possible strategies and tactics to employ ...well...this morning is an excellent lesson to learn about when to NOT average down and if I had already averaged down by some mistake then it is time to dump, reverse, and double up in the...

WHEN. Key key word there. I don’t average down just to be averaging down or to try and salvage a loss. There has to be a logical reason for doing it. Things such a context ..larger..and more immediate ...need to support the action of averaging down. There are times even in a trend that I will...

Uh oh..future..them’s fighting words on ET. Sure you don’t want to modify that statement?

Hilarious

I said this in my post 20. My excerpt. “One final note: Remember this is a long bull channel that has morphed into that yellow range at the top. Bull channels function as BEAR FLAGS if you were to look at this on a larger time frame. So....when a BO of the yellow range does come 70% chance it...

I looked up and in post 20 here is exactly what I said seaweed. “If I were wrong and my stop loss gets hit then I am out and and looking to double or triple up in the new direction and swiftly get my loss back and find myself in the money again. In such a case my original premise and bet was...

I will make some comments on this. I don’t think I said I would double-up or triple up when my stoploss is hit. I said if it was I would take the loss and look for an opportunity to double or triple up and get my loss back and be in the money soon again. Naturally, if the context is right I...

Thanks for sharing. I will wait and see if anyone else would like to participate.

Ok thanks.

You are hilarious Overnight. PRM. 500 points. LOL And you telling me to refrain from the profitable strategy of Averaging down in certain context.

Unlike you maybe, I have never blown ANY of my futures accounts. I am sure you would love to see that happen. SO you could say I told you so....bty it would be nice to see some of your trades. Actually trading can end badly for ANYONE. Especially if one doesn’t know what they are doing. Sorry...