Six Steps to Better Trading

Quote from cabletrader:

lol, the 'herd' lose apparently, but contrary to popular belief doing the opposite won't make you profitable either!

In any event I doubt very much they're looking at one of your $50 snake oil indicators! :D
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I don't have any "$50 snake oil" indicators.

Interesting claim you make... "doing the opposite [of the herd] won't make you profitable either".

Let me get this straight...

1) the herd goes long and loses

2) if I were to go short when the herd went long, I would not be able to exit with a profit?!?!??!!

Please elaborate.
 
Quote from TheRumpledOne:

I don't have any "$50 snake oil" indicators.

Interesting claim you make... "doing the opposite [of the herd] won't make you profitable either".

Let me get this straight...

1) the herd goes long and loses

2) if I were to go short when the herd went long, I would not be able to exit with a profit?!?!??!!

Please elaborate.
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haha, you really do lack any sort of trading experience don't you!

Two inexperienced novice traders can both trade in the correct direction and still both lose money. Two experienced traders can trade in opposite directions and both make money. Trading in the opposite direction to the losing majority isn't going to automatically make you profitable.

And yes, you're trying to sell your indicators for $50. You call it a 'minimum $50 contribution' but it amounts to the same thing, you're selling, period.
 
Quote from cabletrader:

haha, you really do lack any sort of trading experience don't you!

Two inexperienced novice traders can both trade in the correct direction and still both lose money. Two experienced traders can trade in opposite directions and both make money. Trading in the opposite direction to the losing majority isn't going to automatically make you profitable.

And yes, you're trying to sell your indicators for $50. You call it a 'minimum $50 contribution' but it amounts to the same thing, you're selling, period.
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You are trying to convince me and others, that if one trader goes long and the other goes short at the exact same time, and price moves that neither trader will have an opportunity to take profit?

Who is the one lacking trading experience?

Are you claiming the Sierra Club is selling backpacks because the only way you can get one of their backpacks is if you make a donation?

Just another OFF TOPIC post by cabletrader. The topic is "Six Steps to Better Trading". Please stay ON TOPIC.
 
Quote from TheRumpledOne:

You are trying to convince me and others, that if one trader goes long and the other goes short at the exact same time, and price moves that neither trader will have an opportunity to take profit?

Who is the one lacking trading experience?

Are you claiming the Sierra Club is selling backpacks because the only way you can get one of their backpacks is if you make a donation?

Just another OFF TOPIC post by cabletrader. The topic is "Six Steps to Better Trading". Please stay ON TOPIC.
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Avery Horton aka 'TheRumpledOne' you are a snake oil salesman and a liar. You tout your indicators around the forums and have been banned from all but a couple of trading forums for promoting your wares and promoting the broker you work for as an IB.

You offer your indicators in exchange for a minimum 'donation' of $50 which amounts to the same thing as selling, and you only do it that way so you can avoid having to write any supporting documentation or user manuals, and as a 'gift' people can't send them back for a refund when they find out they've been ripped off.

Avery Horton you are a liar and a thief!

Don't like the truth? Sue me! :D
 
Quote from TheRumpledOne:

You are trying to convince me and others, that if one trader goes long and the other goes short at the exact same time, and price moves that neither trader will have an opportunity to take profit?
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Just another example of your lack of understanding about trading. Read my previous post.
 
Quote from cabletrader:

Just another example of your lack of understanding about trading. Read my previous post.
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I read your previous post and you have failed to answer my question.

If one trader goes long, the other goes short and price moves, are you saying that neither trader will have an opportunity to make a profit, YES or NO?

If your answer is YES, then please show an example of how this would be possible.
 
Quote from cabletrader:

Avery Horton aka 'TheRumpledOne' you are a snake oil salesman and a liar. You tout your indicators around the forums and have been banned from all but a couple of trading forums for promoting your wares and promoting the broker you work for as an IB.

You offer your indicators in exchange for a minimum 'donation' of $50 which amounts to the same thing as selling, and you only do it that way so you can avoid having to write any supporting documentation or user manuals, and as a 'gift' people can't send them back for a refund when they find out they've been ripped off.

Avery Horton you are a liar and a thief!

Don't like the truth? Sue me! :D
More...


Calling me names does NOT make it so. Act your age, cabletrader, not your IQ.
 
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