2000 thousand dollars

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Quote from college ruled:

My entries are right there clear as day.

Have posted a target orr two when I see one.

Alreaady explained my stop method.

MAX RISK..what is that?

I want to develop my own style. Don't want to clutter my mind with a bunch of stuffy formulas etc.

This isn't "calculus", this is trading EMOTION.
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Max Risk is the maximum loss you are willing to accept per trade. How much can one lose and be able to stand up and fight another day. Keep in mind it requires 100% gain to recover from a 50% loss.
[but don't want to clutter your mind with unnecessary math]

You post entries and targets, you do not post what deems the trailed failed compelling you to close the position.

[What you described as your stop method, is no better than "feel"]

The first rule in trading is to define your risk and never exceed it.

Scalpers who take small profits, do not allow a position to go against them.

Those that suggest you trade stop less are doing you a disservice.

FWIW, Trading is 100% about the math, and 0% about emotion

Either way, it appears you don't want advice so I will cease to offer any.

Good luck
 
Quote from GoldenMember:

Max Risk is the maximum loss you are willing to accept per trade. How much can one lose and be able to stand up and fight another day. Keep in mind it requires 100% gain to recover from a 50% loss.
[but don't want to clutter your mind with unnecessary math]

You post entries and targets, you do not post what deems the trailed failed compelling you to close the position.

[What you described as your stop method, is no better than "feel"]

The first rule in trading is to define your risk and never exceed it.

Scalpers who take small profits, do not allow a position to go against them.

Those that suggest you trade stop less are doing you a disservice.

FWIW, Trading is 100% about the math, and 0% about emotion

Either way, it appears you don't want advice so I will cease to offer any.

Good luck
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you just don't get it, do you?

especially the part about what scalpers do. I didn't realize you were the Official Spokesman for the Scalpers of America Association.

100% math? doesn't leave much for anything else does it? I should have studied Einsteins Theory of Scalpability.

Wouldn't your time be better well spent going to Sunday School and telling small children they are mistaken when they see angels in the sky? If you don't educate them early they will find out the hard way when they become adults.
 
Quote from oldtime:

you just don't get it, do you?

especially the part about what scalpers do. I didn't realize you were the Official Spokesman for the Scalpers of America Association.

100% math? doesn't leave much for anything else does it? I should have studied Einsteins Theory of Scalpability.

Wouldn't your time be better well spent going to Sunday School and telling small children they are mistaken when they see angels in the sky? If you don't educate them early they will find out the hard way when they become adults.
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Actually I do get it. I took losses in the beginning as did most everyone, but I was fortunate to have been taught risk mgmt and never blew up an account.

No, I do not speak for scalpers. Perhaps you can enlighten him on how its done. 65+ pip heat / +6 profits on a highly volatile instrument speaks volumes...

edit: [was typo in original post omitted the word "hard"]
**Scalpers who take small profits, do not allow a position to go "hard" against them.**

If that was your objection to my comment about scalping, it was a valid comment, ofc, scalpers take losses...

And I apologize for the use of 100%, it is an incorrect term. It is"mostly" about the math, Risk mgmt, money mgmt, etc... Using "responsible" leverage

But trading on emotion is a losers game. I am 100% certain of that, HOPE is fatal.

I will leave the OP in your good hands.

Over leveraged, averaging down, stop-less and most likely no understanding of expectancy...

Unsubscribing to not further interrupt his thread...
 
Quote from GoldenMember:

Actually I do get it. I took losses in the beginning as did most everyone, but I was fortunate to have been taught risk mgmt and never blew up an account.

No, I do not speak for scalpers. Perhaps you can enlighten him on how its done. 65+ pip heat / +6 profits on a highly volatile instrument speaks volumes...

And I apologize for the use of 100%, it is an incorrect term. It is"mostly" about the math, Risk mgmt, money mgmt, etc... Using "responsible" leverage

But trading on emotion is a losers game. I am 100% certain of that, HOPE is fatal.

I will leave the OP in your good hands.

Over leveraged, averaging down, stop-less and most likely no understanding of expectancy...

Unsubscribing to not further interrupt his thread...
More...
A guy has a system, his sytem is based on feel and intuition and your reply is "That sounds more like "feel" than math."
 
Quote from oldtime:

A guy has a system, his sytem is based on feel and intuition and your reply is "That sounds more like "feel" than math."
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Its just another newbie thread. Intuition? please. My intitial posts were intended to be constructive. He is set upon clicking the DOM, so be it... wish him all the best. Not wasting anymore time on it.
 
Quote from GoldenMember:

Its just another newbie thread. Intuition? please. My intitial posts were intended to be constructive. He is set upon clicking the DOM, so be it... wish him all the best. Not wasting anymore time on it.
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I'm not wasting my time, I'm remembering how far I have shut out intuition.
 
Quote from Mr. Miyagi:

Cover flip long 32, stop 15
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Nice trade on those 100,000 minilots :p

Brand new game today.

Good Morn Oldtime!

ps On downbeat i have to "wait" tonight but busy frightnight should makes good tips
 
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