80 % fail at trend trading

RCG Trader · Nov 5, 2012

Quote from oilfxpro:

The way I trade trends is with 80/100 pip stops , trailing stop of 80, enter when trends lines are started on lower times and existing trends lines are at an end.Run the profits etc.This way I keep out of noise.

Why do trade with such wide stops? If you do not know that you are wrong after 80 pips, there is something wrong with your analysis or you have over cautious entries.

cornix · Nov 5, 2012

Quote from oilfxpro:

When it fals , we do not like to use the word fail , we like to call it reversals.

No, you call it a "failure", we call it as it is: reversal.

cornix · Nov 5, 2012

Quote from RCG Trader:

Why do trade with such wide stops? If you do not know that you are wrong after 80 pips, there is something wrong with your analysis or you have over cautious entries.

Yep. Wide stop = inability to time entry well.

oilfxpro · Nov 5, 2012

Quote from cornixforex:

No, you call it a "failure", we call it as it is: reversal.

Hindsight anylysis , if you trading it it is a failure .......................after the event in hindsight it became a reversal , it was never a reversal until after the event in hindsight.

oilfxpro · Nov 5, 2012

Quote from cornixforex:

Yep. Wide stop = inability to time entry well.

You are a fraud , who you trying to impress ?....Noobs ...if they follow you they will blow their accounts faster with small stops.

cornix · Nov 5, 2012

Quote from oilfxpro:

Hindsight anylysis , if you trading it it is a failure .......................after the event in hindsight it became a reversal , it was never a reversal until after the event in hindsight.

If some day you understand odds you will be ashamed of your own words you just said.

cornix · Nov 5, 2012

Quote from oilfxpro:

You are a fraud , who you trying to impress ?....Noobs ...if they follow you they will blow their accounts faster with small stops.

People get pre-maturely stopped out not because their stops are too tight, but because their timing sucks.

oilfxpro · Nov 5, 2012

Quote from cornixforex:

If some day you understand odds you will be ashamed of your own words you just said.

When they lose their clothes and see your true colours , it will be more embarrassing.Behind every genius is an ordinary bloke trying to express himself , so there no genuises here .

cornix · Nov 5, 2012

Quote from oilfxpro:

When they lose their clothes and see your true colours , it will be more embarrassing.Behind every genius is an ordinary bloke trying to express himself , so there no genuises here .

Who are "they"?

oilfxpro · Nov 5, 2012

Quote from cornixforex:

Who are "they"?

Anybody who follows people on forums.