If most ppl lose when they try to win $$, what happens when they "try" to lose $?

pinetboltz said:
uhh...considering this thread made it to the top 3 most viewed this week, i'd say it's beyond expectations :thumbsup:
More...

It's interesting that some people entertain the "fade yourself" approach..... problems are more trade mgmt vs directional bias
 
This is the logic that is used by OP:
99% of all cars that have an accident at night, have their lights on.
If we forbid to drive at night with lights on we will reduce the number of accidents by 99%.

People who believe that doing the opposite of what the losers do, will be winners, should stop immediatelly stop to trade. They clearly have no clue or edge about trading.

To fix a problem you should first find the REAL cause.
 
  • Like
Reactions: rb7
Why is everyone so toxic in this forum? Can't people ask a question they don't know the answer to and not get harassed? Did he do something to deserve all this hate?

I tried fading myself. I realized it didn't work.

Why didn't it work? The trading reverses and you end up making the same mistakes. You can't not read the market. It turns out it's bad decision making based on bad math.

Honestly, best success I had was a 1:1 Risk/reward trade. I figured I had a 50% chance of hitting, and then I just tried to trade off areas that I assumed it would react, and aimed for a higher win %. It seemed to do a lot better than 2:1 or 3:1, and I'm guessing those larger R/R trades must be earned, so to speak, once you're able to read the market better and know how much to take.

IMO, it's mathematically advantageous for someone new (like myself) to trade 1:1 R/R so you don't die by 1000 cuts and never hit your bigger profit target.
 
virtusa said:
This is the logic that is used by OP:
99% of all cars that have an accident at night, have their lights on.
If we forbid to drive at night with lights on we will reduce the number of accidents by 99%.

People who believe that doing the opposite of what the losers do, will be winners, should stop immediatelly stop to trade. They clearly have no clue or edge about trading.

To fix a problem you should first find the REAL cause.
More...

Why does everyone just advise someone quits if they say something you don't like? Maybe teach them, or tell them to look at it from another perspective? Why is the default 'you suck, just quit'?

I guess people aren't allowed to improve? Did you come out of the womb knowing how to trade?
 
BartSimpson said:
Why does everyone just advise someone quits if they say something you don't like? Maybe teach them, or tell them to look at it from another perspective? Why is the default 'you suck, just quit'?

I guess people aren't allowed to improve? Did you come out of the womb knowing how to trade?
More...

First I showed him that he made a "logical thinking" mistake.
And second I told him what to do: find the REAL cause.
I never said: you suck.
Or anything similar.

Is this post better?
schizo said:
LOSER + LOSER = 2 LOSERS
More...

Almost all posts are like mine. You probably are a new nick for somebody else that I have blocked.

And nobody ever told me how to trade. I had to find it out myself.
 
pinetboltz said:
ok, so the thought experiment came to me over the weekend, thinking about VC investments (those who burn cash fastest try to earn it back on "market valuations") and reverse psychology and the Parasite movie which i'd watched on the plane (the one from 2019 which won best picture, i can see how it mirrors the zeitgeist)

you know how most people don't make much money even when they try so hard?
eg. most traders lose when they try so hard to make $$ trading?

what happens if they make it a game where they "try" to lose $$?
eg. instead of having the "goal" of growing an account from $X, they try to LOSE the whole wad, as fast as possible?

before you say, "isn't that what they're doing at r/wallstreetbets" LOL, i think those options guys are either/ some combination of:
- very rich, and can thus be so nonchalant in essentially playing $100k hands of poker on their personal cash, burning through their bankroll
- very young, with early access to their trust funds which they'll surely squander
- very desperate for attention, that they'll take such random throws of the dice/ earnings plays for social media clout
- very good at photoshop

but let's say for pure FX, futures, stocks, etc
if ppl are given free reins to trade however they want, with the stated objective of "losing" the whole account (first down to 0 wins) as fast as possible, what do you reckon would happen?
- would they still lose $$
- or would they paradoxically make $$ (kinda ironic)

has anyone tried doing this by playing on demos? keen to hear your stories
More...

Whether you set out to lose or win not having a winning method/mms, then you would lose either way.
 
You must log in or register to reply here.
Back
Top