ACD--Is it the Method to The Madness?

Quote from DonKee:

optioncoach is on point.

Mark's method is really a great way to be in a market on a big trending day or a big reversal day, which hopefully far exceeds thr small loses from the choppy days.

That's it in a nutshell.

Most traders who don't succeed at trading have never grasped the concept (or their bran cannot accept) of a multitude of small loses and sporadic large wins.

In life, you would be fired for making "losing" decisions 4 out of 5 times. In trading, it's how you can make millions.

I don't want a cardiac surgeon who is only correct 20-25% of the time, but I love it when my 1 winner swamps my 4 losers by a 10 to 1 margin.
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DonKee,

I am thrilled that you have convinced the market to restrict your losses to repetitive small amounts.

My experience of trading ES is quite different ... exactly the opposite to be precise.
By this I mean that my entries give me the least likely drawdown and the most likely profitable trade.

I did grasp your concept some years ago and by the grace of god managed to trade my way through it without damage.

regards
f9
 
LOL

Those two posts above are "classic" elite trader "goofyness".

Where people on here assume that because they have not succeeded with a particular strategy that the strategy itself is at fault.

Please, don't worry about me. Been supporting myself trading for over 28 years now and am doing just fine.

Once in awhile, I try to add to the discussion and will continue to do so.

I'll just say there are thousands of ways to approach trading successfully, may you find yours.

BTW, I hope both of you got short the es at 13.75. It's been a nice ride, so far.
 
Quote from DonKee:

LOL

Those two posts above are "classic" elite trader "goofyness".

Where people on here assume that because they have not succeeded with a particular strategy that the strategy itself is at fault.

Please, don't worry about me. Been supporting myself trading for over 28 years now and am doing just fine.

Once in awhile, I try to add to the discussion and will continue to do so.

I'll just say there are thousands of ways to approach trading successfully, may you find yours.

BTW, I hope both of you got short the es at 13.75. It's been a nice ride, so far.
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Donkee,

Wow what an outpouring of emotion.
Where did that all come from.
You missed the point completely.

regards
f9
 
Quote from DonKee:

LOL

Those two posts above are "classic" elite trader "goofyness".
More...
I draw considerable comfort from that knowledge, seeing as how I exist principally for your entertainment value.
 
Quote from Thunderdog:

I draw considerable comfort from that knowledge, seeing as how I exist principally for your entertainment value.
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Isn't that why we are all here? Now on with the one liners.
 
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