Don't be an Average Joe

[Autodidact]

Then the sample size is presumably low so difficult to ascertain if it's a real edge

Infrequent but present since the 1920s, therefore, plenty of samples to make an educated judgement on its expectancy.

 

[achilles28]

Infrequent but present since the 1920s, therefore, plenty of samples to make an educated judgement on its expectancy.

Good for you then my man. Congrats. I couldn't figure out how to do that intraday. I saw one call from xspurt where he called a >100 pip move within 2 pips. But thAts the only time I've seen such accuracy.

 

[Autodidact]

Good for you then my man. Congrats. I couldn't figure out how to do that intraday. I saw one call from xspurt where he called a >100 pip move within 2 pips. But thAts the only time I've seen such accuracy.

Oh Alan, good friend

 

[achilles28]

Oh Alan, good friend

Ahhh. The connection lol.

 

[Buy1Sell2]

Had to laugh today when I read someone speaking about the viability of a controlled Martingale strategy-------------There is no such thing-----

 

[achilles28]

Had to laugh today when I read someone speaking about the viability of a controlled Martingale strategy-------------There is no such thing-----

Question for you.....on a trade, at what percentage do you throw in the towel for a loss? In terms of % of account?

 

[barcadia]

I can't give the secret sauce away, but you don't need to average down when your entries are always extremely accurate (which they are once you know how to do it)

 

[achilles28]

I can't give the secret sauce away, but you don't need to average down when your entries are always extremely accurate (which they are once you know how to do it)

1 point in the ES kinda accurate?

 

[ETcallhome]

and once your entries are always extremely accurate (of course you need to know how to do it) there really is nothing more to do other than hire a good accountant to count your money and keep you straight with the IRS

(it's all in the secret sauce (which I can't reveal))

otherwise I know of no strategy which involves averaging down which also doesn't involve averaging up. I don't like either, but since my entries are not extremely accurate (I misplaced the secret sauce recipe) I have to do both.

 

[Aj2014]

Stewie. I don't think he will be be disclosing this information. It's pretty much the secret sauce

I can't give the secret sauce away, but you don't need to average down when your entries are always extremely accurate (which they are once you know how to do it)

and once your entries are always extremely accurate (of course you need to know how to do it) there really is nothing more to do other than hire a good accountant to count your money
(it's all in the secret sauce (which I can't reveal))

There's secret sauce everywhere! Kudos though to ETcallhome and Barcadia for cracking the code and making the market your own personal ATM machine, though. Must be nice.
Hopefully one day I'll get there too!!