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do you worry your method will stop working?
- Thread starter chipmunk
- Start date
I wouldn't call 90% risky. I don't even call 50% risky. If half my trades were profitable.........wow, I would be on a yacht with an entourage of fine ass. And if 90% were winners.........holy shi!t..........I would fly to the moon.Quote from wave:
To mitigate risk.
I think my winning percentage is a little above 30%.
If my stategies stop working, I will just go back to the same place these came from. Me. I made them, and I can make more.
I don't worry about my methods no longer working. I think (worry is definately not the right word) about more traders using the same methods, and therefore the methods losing their edge. And in the event methods become mainstream, the question are the methods actually useful or are they merely self-fulfilling becomes forefront.
Osorico
Osorico
Quote from chipmunk:
No matter how I make money I always wory tomorrow it wil lall stop..then what?
Mr Munk,
With all respect, if there is a corner of your mind that has cause for concern then either it is fear (in which case you must work through it) or it is an alarm bell, because a part of you knows that you do not know what you are doing, in which case all things will come to an end.
This I believe is your first decision....fear or warning
regards
f9
Quote from stevegee58:
You probably need at least 2 kinds of systems: a trend following system and a mean reversion system.
At least you'd be covered for the 2 main market conditions: trending and chop.
The problem is knowing which one to use ahead of time.
If you can tell me how to do that I will give you 10% of my profit.
nope it all rady doesn't work ..lol