entry management

[TraderZones]

Quote from slapshot:

First off, you are a sarcastic little dickhead. There is no reason to resort to juvenille insults during a mild debate. You should seek help for your antisocial personality disorder.

Second, it is not worth talking to you about this. You offer no refutation based on logic or facts or math, only insults and blind faith in some study that you seem to think is "robust".

You offer no mathematical proof, just a baseless opinion. And you are just plain dead wrong about this topic. Which given your lack of comprehension of what I wrote, is evident for all to see.

You are also wrong about one trader's executions or conclusions being invalid. Since every single trader executes differently, with a different style and expectancy, the ONLY valid stats are the ones that trader generates in his/her own real trading, with all real-life dynamic factors included.

It is the so-called studies that try to blanket all of the dynamic trading world with static conclusions that are statistically invalid. And that has led to so much myth and misinformation in the trading world.

Good luck with your own trading, let's move on now.

cannot get through. Too much interference, as there is complete ignorance about scientific, mathematic or statistical validity.

Yes, lets move on...

 

[slapshot]

Quote from TraderZones:

cannot get through. Too much interference, as there is complete ignorance about scientific, mathematic or statistical validity.

Yes, lets move on...

You keep calling me ignorant when you should in fact look in the mirror. You are so closed-minded as to be nearly insane.

Just for fun, which statement is it that you don't agree with? or both?

1) scaled entries that improve the cost basis of the position can be more profitable.

2) scaled exits allowing a portion of the position to run for an outsized large gain while risk-free can help profitablity.

Because these are exactly the 2 principles we are talking about here.

You are in effect saying that you don't think that better average entry prices and occasional big outsized winners are good for traders.

I defy you to show me any mathematical proof that argues against these 2 statements, Mr. Scientist

 

[No.Heat]

No idea why there is so much ego in this site. Anyway, no reason to generalize.

It all depends in how precise you are as a trader when you enter or exit. Naturally you have setup backtests to know where you stand.

If for the most part you lack precision on entries, well scaling in will benefit you, same with the exits and scaling out.

If you got precision, scaling will hurt because then most of your winners will leave on small size and get stopped on full size.

Study your setups study yourself and use whatever fits you best for that particular setup.

That's about it really, keep it simple egomaniacs

 

[ammo]

this subject has come up countless times on et, never heard it explained so simply, good post no heat, and he's right , all the pissin contests are eroding the quality of this site

 

[TraderZones]

Quote from slapshot:

You keep calling me ignorant when you should in fact look in the mirror. You are so closed-minded as to be nearly insane.

Just for fun, which statement is it that you don't agree with? or both?

1) scaled entries that improve the cost basis of the position can be more profitable.

2) scaled exits allowing a portion of the position to run for an outsized large gain while risk-free can help profitablity.

Because these are exactly the 2 principles we are talking about here.

You are in effect saying that you don't think that better average entry prices and occasional big outsized winners are good for traders.

I defy you to show me any mathematical proof that argues against these 2 statements, Mr. Scientist

Well, since these were not the point, now you are adding an inability to follow basic story logic to your inability to grasp statistical vailidty...

and before you continue your unbroken string of educational inept follies, that is the sound of the *Ignore* button... I suspect you will drone on, as you have a strong desire to demonstrate your imbecility