ES Journal Archive (2006 - 2008)

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Quote from illiquid:

...while allowed to hold the largest size while you are trading at your worst?

I believe Apex82 has answered that one with a great answer - probability. If you have no estimated probability, then why are you trading in the first place?
 
Quote from illiquid:

So once you start losing money net net, you will stop?

If you run a business, any business, you will be forced to either close shop or make changes to continue, same here.
 
Quote from romik:

I believe Apex82 has answered that one with a great answer - probability. If you have no estimated probability, then why are you trading in the first place?

Are you absolutely positive that the more wrong decisions you make, the greater the probability that your succeeding decision will be correct? If so, why limit yourself to 2%?
 
Quote from romik:

If you run a business, any business, you will be forced to either close shop or make changes to continue, same here.

To close shop means, for the most part, bankruptcy or significant loss -- you are willing to go that far? How about if you just give back to break-even?
 
Quote from illiquid:

To close shop means, for the most part, bankruptcy or significant loss -- you are willing to go that far? How about if you just give back to break-even?

I don't want to take this discussion elsewhere, but I believe this has to be mentioned. When you consider to open a business which would involve obtaining a long lease, asset purchasing, taking on board all sorts of liabilities, etc would you risk a substantial part of your capital not knowing eventual outcome? I just want a Yes or No answer :)
 
the random calls i made here are irrelevant and most during a run ..we enter very close to apex if we wish to be aggressive....system is conservative.....but still very early in run ...the real calls for me and my brother cannot be disclosed. that is one of my rules.......94% is long term results........friday was 100%......enough trades to make it interesting...nq.....romik could really improve his bottom line with good risk/reward ratio........he might already have that under control....by the way the 75% system free on internet is not even close....if you find one you had better take it romy....if it gives 3 or 4 trades per day........george does not play games with trading account and talking trades realtime is playing games....Buzz tried that a few times as well.......sorry guys...and gal.....MILK THE RUNS FROM END TO END......
 
b1s2 you are a cruel man. you are obviously leading romik on and not telling him the danger of following this strategy. you know as well as anyone that the danger of this 25% win strategy is of course the frequent, long losing streaks. he is trading cfds (so obviously a tiny account) and you must know that he won't be able to withstand these losing streaks, especially if he risks 2% per trade and increases size after each loss.

the streaks will kill the account regardless of the gain/loss ratio. i know that you know this.
 
Quote from m4a1:

b1s2 you are a cruel man. you are obviously leading romik on and not telling him the danger of following this strategy. you know as well as anyone that the danger of this 25% win strategy is of course the frequent, long losing streaks. he is trading cfds (so obviously a tiny account) and you must know that he won't be able to withstand these losing streaks, especially if he risks 2% per trade and increases size after each loss.

the streaks will kill the account regardless of the gain/loss ratio. i know that you know this.

Porgie, you are one weird thing. CFDs? Since when? CFDs=tiny account?! Are you totally mad?

Edit: Click!

BTW CFD trading accounts for "more than 20% of the trading volume on the LSE". And that 20% is coming from tiny accounts of course :). I do not trade CFDs though, the reason they are popular is because there is no stamp duty & commissions.

And m4a1 is Porgie.
 
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