Is this a really secret of Stock Market.

Quote from Relaxed Indian:

Effective method, if only it could be put on tracks easily...

Jesse Livermore, in his famous Reminiscences of a Stock Operator, hammered this point (of cutting losses and letting winners ride) half a century ago..I think...But even he could not walk his talk for long; lost and regained his fortunes twice, lost again.. and eventually attained peace by putting a gun to his head.
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R4..

all is never as it seems..and likewise..all need never be what it is!

it can be put on track very easily..but only if one knows what must be done to put it on track..which very few know..and..as a matter of fact..the more i read on this site..the fewer increases..every time i log in:eek:

still not sure what your angle is..are you?
 
Quote from Mach4-1:

well piezoe..what if..instead of cutting your losses to avoid whipsaws..you perfect your entries..so that..when you enter a trade the chances of you getting whipsawed are much much less..

is this not a better way to keep your losses small and make your winners greater than your losers?
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I think the topic had something to do with cutting losses.
 
Looks like Mach4-1 is feeling nice and wants to share.

This one's for you, piezoe.
Quote from Mach4-1:

well piezoe..what if..instead of cutting your losses to avoid whipsaws..you perfect your entries..so that..when you enter a trade the chances of you getting whipsawed are much much less..

is this not a better way to keep your losses small and make your winners greater than your losers?
More...
 
Quote from piezoe:

I think the topic had something to do with cutting losses.
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ALL topics on a trading forum should have only one main point..and that is making money:)

people can waffle on and on and talk rubbish all they want..but at some stage..if they want to make money..they will actually have to do something right..and that means talking about what needs to be talked about

as for sharing..i have nothing to give anyone..nor has anyone else for that matter..but anyone can learn from others by listening and understanding what exactly it means for them..be it good or bad..

life is not that fair to most..but it is mostly their own fault..not because of someone else :eek:

still off the drink for now..but u guys are tempting me every time i log in:D
 
Quote from piezoe:

Guys, have one on me please.
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no thanks piezoe..i go off the drink every time big money is near by..otherwise i might fuk up..like happened me in the past..when the dead brain cells way outnumbered the live ones :(

but..when the fish is caught..then the bottle comes out again..and back to tiddly wink trading..until the good old cycle repeats itself again..boy..i really hate alcoholics..they are so full of themselves:D
 
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