not fooled by random market and by technical analysis

Amahrix said:
Thus a game of chance. Because you cannot predict when such risk emerges. Thx for vindicating me. You should edit your comment if you want to go back to your old view.

That would assume they know when such a risk of ruin would occur to then bank prior.

Make sense?
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Strongly agree...you cannot predict when such risk emerges.

Yet, you can know when trading conditions are not favorable for your trade strategy. Thus, you now have a choice to either step aside and bank your profits or continue trading...increasing the risk of ruin.

wrbtrader
 
wrbtrader said:
Strongly agree...you cannot predict when such risk emerges.

Yet, you can know when trading conditions are not favorable for your trade strategy. Thus, you now have a choice to step aside and bank your profits or continue trading...increasing the risk of ruin.

wrbtrader
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All money made under the risk of ruin is due to chance. Remember, picking up nickels in front of a steamroller. You can bet more prudently by hedging risk of ruin before engaging and stop gambling.

Otherwise it is a game of chance.
 
Amahrix said:
All money made under the risk of ruin is due to chance. Remember, picking up nickels in front of a steamroller. You can bet more prudently by hedging risk of ruin before engaging and stop gambling.

Otherwise it is a game of chance.
More...

You're welcome to your beliefs and good luck (pun intended) with your trading.

Being lucky is not a bad thing. You gotta embrace it when it shows up. :sneaky:

wrbtrader
 
wrbtrader said:
I think you should stick to reality about why so few traders are profitable. They bank their profits prior to risk of ruin occurs.

wrbtrader
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it appears you are wise beyond your years.

very few people are highly successful at what they do.

why should trading be any different.
 
long eurusd....
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padutrader said:
no i also have no clue why i went long......
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again stop against the grain, counter trend aka Kamikazae trading !

price doesn't simply reverse to go up. wait for confirmation.
price may simply refuse to go up.

lately gbp has been more trendy compare with eur.
 
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