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  1. V

    Tell me why averaging down is a bad idea .

    I personally have no problem using 10%-20% because I have a high win rate AND I keep all my accounts small. Just enough for using the scalping techniques and max size I would scalp. If a brokerage were to go belly up I don’t want to go through all the waiting to get my money...etc. So, I spread...
  2. V

    Is price action trading the most insightful(& most accurate)?

    What are you reacting to and why?
  3. V

    Is price action trading the most insightful(& most accurate)?

    Buy1sell2 says Prudent Risk Management is the only edge. PRM
  4. V

    Tell me why averaging down is a bad idea .

    Well I hope they are. I have no secrets. Actually the more people learn about these tactics and implement them the more precise it becomes. How long? I was scalping long before I ever heard of Brooks. I have always leaned towards getting what the market gives me before it takes it away again...
  5. V

    Tell me why averaging down is a bad idea .

    scaling in to a winner will generally not work for a scalper in the ES.
  6. V

    Tell me why averaging down is a bad idea .

    Oh the allure and the subsequent pain of averaging down in MES this morning during a few moments of free time....ad nauseum..38 trades. 100% profitable. all winners. NET after comm +$294.89 MES you know. Tiny MES. all long entry trades. 19 contracts traded long 19 exited. unbearable pain….
  7. V

    Tell me why averaging down is a bad idea .

    Some call it scaling in. I like to call it averaging into a losing position to mess around with the gurus who denounce. Lol. It really is the same thing except in my case i do for reasons other than just hoping to get out of my loss. I want entry into cheaper prices as my premise is still in...
  8. V

    Tell me why averaging down is a bad idea .

    Averaging down in every and any circumstance is most definitely a critical mistake. The context must be right for it. I enter my trades with a premise formed that I base on present and past PA. I don’t just average down because I am losing and hoping to stop the loss and make myself whole...
  9. V

    Following Trump's tariff threat, Mexico begins immigration talks in Washington

    :D:D Could be why Mr T can out think and out maneuver the rest. His brains got jostled and fired up. The rest are still half asleep.:D
  10. V

    Following Trump's tariff threat, Mexico begins immigration talks in Washington

    Maybe japanese?? SUN TRADER you know.. “According to the words of the Japanese envoy himself, that name was chosen because the country was so close to where the sun rises. In any event, the name stuck, and for the last 1400 years or so, the world has referred to Japan as Nippon, the land of the...
  11. V

    Following Trump's tariff threat, Mexico begins immigration talks in Washington

    Yea thats about right. She did all that stuff. Learned english..too...all together took about 10 years and cost about 10,000.00 to 12,000.00 dollars. They worked on it for years when mr O was in and could hardly get anything done...then Mr T wins within 2 months they heard from the gov and...
  12. V

    Trump readying tariffs on additional 300 billion of Chinese goods

    LOL.....SO REALISTIC. Mr T is fixin the problem.
  13. V

    Following Trump's tariff threat, Mexico begins immigration talks in Washington

    I ain’t making it up heretolosemoney . It is true.
  14. V

    Following Trump's tariff threat, Mexico begins immigration talks in Washington

    I have a mexican daughter-in-law already. She is a great gal. Hard worker. And guess what? She came legally. Took a few years but she got here. And guess what else? She is for the wall! And she likes Mr T.! So there we have it. She was so proud to get her American citizenship in the courthouse...
  15. V

    Trump readying tariffs on additional 300 billion of Chinese goods

    Yep tightening the screws down. Gonna get an even better deal. China reneged ..China will pay. If they react it is because they are feeling the pain. They will eventually cave. Finally we have a president who is going to fight for fair deals for America. FINALLY! Game over. China can no longer...
  16. V

    Tell me why averaging down is a bad idea .

    The more volatility the faster it works. Less time in a trade. Instead of 3 or 4 min maybe 20 or 30 seconds. Over and over again.
  17. V

    Tell me why averaging down is a bad idea .

    ON i have been doing it for years. It isn’t something new to me. From what you have posted (tell me if I am wrong) you have tried techniques of trading WITHOUT averaging down and gotten bitten in the ass more than once. Or am I wrong? It isn’t an idea worth trying. I I already know it is. At...
  18. V

    Tell me why averaging down is a bad idea .

    Some of the above... was ES and some MES. As far as micro goes i was, and am doing, some testing especially with averaging down techniques to see if they would work with the micro. Using some of the averaging down techniques and do it in such a way that makes it worthwhile for say a trader with...
  19. V

    There is more information in the candlestick chart than you will ever know.

    There is no noise. All day long institutions are buying and selling. In broad and narrow ranges and channels. On every bar there are institutions buying and selling. Money can be made on almost any bar. Of course it can be lost too ROFL. Example: MOST WERE SHORT TRADES BUT TWO LONG ONES ALL...
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