How obsessed are you with the markets?

Mathematical plans are a result of mathematical calculations so clearly not from watching at charts. I don't care about charts. Charts can fool you. I only use the ticks as they come in, nothing else. Everything that follows is based on these ticks. All information can be found in these ticks. But at least 95% of people don't see this or have no clue how to get the information out of these ticks. You are apparently one of them.

If they don't exist according to you then don't waste your time searching after them.

I can be fooled but my account cannot. The figures that are there are real and confirm each year again that my odds are significantly better than 50/50.
As long as I can take money out of an ATM machine I don't care that I am fooled. Maybe that's foolish but...it is what it is.
Foolish no? :D


Can you trade your plan?

plan the trade.jpg



Can you call some trades on a journal?
 
FALSE. Risk management is not just about mitigating losses. It is about managing trades. Prudent Risk Management is what creates positive expectancy ----nothing else does.

I think u need to clarify-- this is only when directionally trading. there is no edge guessing direction, and that is the truth of what actually occurs when directionally trading. However, edge does exist in other trading tactics.

Hampton
 
FALSE. Risk management is not just about mitigating losses. It is about managing trades. Prudent Risk Management is what creates positive expectancy ----nothing else does.


Prudent risk management allows luck to work its magick--- it does not create positive expectancy.
 
I completely blocked Trading Education Buyer. Don't need to see his garbage anymore.
I hope more people will do this. It might raise the level of ET considerable.
 
I completely blocked Trading Education Buyer. Don't need to see his garbage anymore.
I hope more people will do this. It might raise the level of ET considerable.

I have blocked him also. I just wish i didn't have to see his blank posts polluting this forum.

Hamp
 
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