90% Profitable Setup

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Quote from Dackster:

Another dick who's always refering to the "pros" or the "professionals".


"...mommy mommy, i heard that the professional traders collect really good sports cars in their spare time, can i be a professional trader when i grow up, please mommy..."


Schlaps moms reply:-


"...Beat it Schlap, you lil putz!...!
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You are obviously looking for the teen chat board shill.. can't help you
 
Quote from IronFist:

So has this setup been posted anywhere in this thread? I like 90% setups.
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i dont know.

but i would like to hear more on why they didnt take the trades...


read through the first few pages and hadnt been posted yet...
 
Not sue what you mean? Taking the trades every day. Took it today. Wasn't that huge. +20 then -6 on the trailing contact. If you listen in the room for a few days you'll see us take them every single day.

Geoff / Cajun

Quote from Bo_D_:

i dont know.

but i would like to hear more on why they didnt take the trades...


read through the first few pages and hadnt been posted yet...
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Quote from Spectra:

Not sue what you mean? Taking the trades every day. Took it today. Wasn't that huge. +20 then -6 on the trailing contact. If you listen in the room for a few days you'll see us take them every single day.

Geoff / Cajun
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* why your clients didnt take the trades... did you end up finding out?
 
One of the hardest parts of trading, is taking the trade. Its a psychological problem because even for those of us who over time have a 60% win ratio, you still know that you will have a losing trade. This is what is the problem since you KNOW it.

Those who don't know how to trade or say the clueless, don't understand this concept. They will take a trade thinking it will win and hold on if it is a loser. However, the cold reality is that you have to take a loss on your losing trades, and this is why only 10% of traders succeed.

Even after a year of doing well, I still have problems pulling the trigger. I still feel emotions of good if I have a winning day, and bad when I have a losing day.
 
Quote from oraclewizard77:

One of the hardest parts of trading, is taking the trade. Its a psychological problem because even for those of us who over time have a 60% win ratio, you still know that you will have a losing trade. This is what is the problem since you KNOW it.

Those who don't know how to trade or say the clueless, don't understand this concept. They will take a trade thinking it will win and hold on if it is a loser. However, the cold reality is that you have to take a loss on your losing trades, and this is why only 10% of traders succeed.

Even after a year of doing well, I still have problems pulling the trigger. I still feel emotions of good if I have a winning day, and bad when I have a losing day.
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Hi OW77.


If it was easy, trading that is, everyone would be doing it. When a person can go to a book shop and buy a trading book and then think that they have all the answers....?


I've been trawling book shops lately, i'm looking for an 'idiots guide' to winning the next Grand Prix. Apparently all you have to do is drive a racing car around a track and beat the other contestants,...seems easy enough.


The trading books on offer go on about being able to know the future, or predict future prices,....now where's that crystal ball?


Quite misleading.


There's only one way to trade properly and effectively, but not everyone can get the hang of it.


The OPs site may put noobs on the right track.
 
Quote from Dackster:
Hi OW77.
The trading books on offer go on about being able to know the future, or predict future prices,....now where's that crystal ball?
Quite misleading.
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Most are overly optimistic and jazzed up becasue they want to sell more books. America is a business but there are good books. I really do like Trading in the Zone. No one wants to hear about psychology.

We are writing some articles for a well know trading site right now and they have rejected all our psychology articles and welcomed the ones dealing with setups with open arms.. grr

Cajun / Geoff
 
Quote from oraclewizard77:

One of the hardest parts of trading, is taking the trade. Its a psychological problem because even for those of us who over time have a 60% win ratio, you still know that you will have a losing trade. This is what is the problem since you KNOW it.

Those who don't know how to trade or say the clueless, don't understand this concept. They will take a trade thinking it will win and hold on if it is a loser. However, the cold reality is that you have to take a loss on your losing trades, and this is why only 10% of traders succeed.

Even after a year of doing well, I still have problems pulling the trigger. I still feel emotions of good if I have a winning day, and bad when I have a losing day.
More...


great post
 
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