Huge majority of you here are losers? Agree?

Quote from tangentShot:

Make money as in?

Riding supermodels every wkend?

Or just paying bills every month? :)
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Somewhere in between I think! Closer to the former than the latter.
 
Quote from R. Raskolnikov:

Usually get between 3 and 10 trades a day. Thanks for the Q,rf.
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This is where your statements become fanciful. I have met the rare trader who trades patterns that only appear several times every year got long term holds successfully. To claim you have compressed this is pure fantasy --- As everyone else would soon find the same patterns and exploit them until they don't work. Unless you are magic. Then I can't argue.
 
I understand that you might not want to go into details.

But why do you think certain patterns or bars work? I mean, sure one can backtest them but is there any logical explanation for selecting certain patterns of bars?

Thank you for sharing.

Quote from R. Raskolnikov:

My system is 100% objective, been trading it for years manually but am actually in the process of having it coded. Should be operational sometime in Jan.

I scroll through multiple time frames looking for a handful of bar sequences that I've identified as being worthwhile and only trade when they appear.
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Quote from di0genes:

This is where your statements become fanciful. I have met the rare trader who trades patterns that only appear several times every year got long term holds successfully. To claim you have compressed this is pure fantasy --- As everyone else would soon find the same patterns and exploit them until they don't work. Unless you are magic. Then I can't argue.
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Surfer, are you long-term profitable?
 
Quote from tangentShot:

Would you like to tell us what is the reason for your net lose this year?
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An excellent question:

1) Being impatient, not waiting. You want to be a crocodile, wait patiently forever and then when the opportunity is there, go all in for the kill
2) day trading...bizarrely enough, i am quite a good day trader! But it tires me out and is a distraction imho to the bigger moves which take place over days. Basically ended up missing some good position trades which would have spectacular. So made chicken feed day trading and missed tens of thousands on other trades.
3) Not position sizing correctly.

Probably other reasons, but those come to mind immediately.
 
Quote from tangentShot:

Huge majority of you here are losers? Agree?
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nobody-cares-what-you-think-o.gif

Nobody cares what you think.
 
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