High conviction trades: can be awesome or devastating

[bwolinsky]

Quote from RCG Trader:

This is what is killing neke. He is guessing. All trades must have the same conviction.

None.

Otherwise you are simply guessing, and over time, you will guess wrong on a HC trade for the last time.

Yes, it's a symptom of his addiction to trading gambling. Unless he's doing it quantitatively, which I'm pretty sure he's not, then it is not going to turn out well without those calculations to prevent overtrading with sizes that are way too large.

 

[Wide Tailz]

Quote from alexandermerwe:

If that is the only way to trade who is going to generate the previous two waves?

Just curious...

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