Mr Market did it for YEARS.
He just never closed out the losing trades!
Mr Market is HUUUGE!!!!
He just never closed out the losing trades!
Mr Market is HUUUGE!!!!
A system that cannot have any losing trades..
- Thread starter TudorJones
- Start date
Quote from Wayne Gibbous:
Mr Market did it for YEARS.
He just never closed out the losing trades!
Mr Market is HUUUGE!!!!
Is he still trading?
FOUR ways to not have a LOSING TRADE:
1) Never place a trade.
2) Enter the trade and never close it out. NEVER !!!
3) Enter the trade, and only exist when profitable.
4) Trade on inside information.
1) Never place a trade.
2) Enter the trade and never close it out. NEVER !!!
3) Enter the trade, and only exist when profitable.
4) Trade on inside information.
Quote from a529612:
What will happen to the market when every trader trades with this "never lose" system?
100% of traders make money. All that money means more money to spend on more stocks and bonds, options and futures. The markets will never go down.
The brokerages will make record profits and they spend it on research to come up with even better innovative trading platforms and order entry softwares.. leading to even more people getting into trading... leading to even more profits... and more brokerages to serve the ever increasing customers.
TJ, the market (price) enviroment never changes, the variables that a majority of traders look at to make their trading decisions change. Price oscillates, it will always oscillate and it will always oscillate from support to resistance and from resistance to support and never stops until that markets ceases to trade.
That being said and to answer your original qustion, NO it is impossible, if you ARE trading complete turns and not trading with insider information, to never have a loosing trade. You can be highly consistent but even with the most consistent methods, consolidation will cause small losses occasionally.
You'd give up on a trade after a mere 7 years?
Patience predominates PERFECTION.
OK.. you say it is IMPOSSIBLE.
But, what if there comes a swing trader that is good at picking SUPPORTS and RESISTANCE points, and he traded enough to not run into a losing trade YET.. He escaped the ODDS of having a losing trade. That is also a very likely possibility.
FIVE ways to not have a LOSING TRADE:
1) Never place a trade.
2) Enter the trade and never close it out. NEVER !!!
3) Enter the trade, and only exist when profitable.
4) Trade on inside information.
5) an ASTUTE swing trader who escaped the ODDS/the law of large numbers.
1) Never place a trade.
2) Enter the trade and never close it out. NEVER !!!
3) Enter the trade, and only exist when profitable.
4) Trade on inside information.
5) an ASTUTE swing trader who escaped the ODDS/the law of large numbers.