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Quote from dom993:

This entire thread is plain stupid. I am not much impressed with most of the comments, and what they reveal from the people behind the keyboards.


Surf, I hope you realize calling one trade once in a while is pointless. Even the best odds setup can turn into a loss. The business of trading is all about probabilities and statistics, and it take hundred(s) of trades to demonstrate an edge. I am keen on monitoring your PD calls if you make enough of them. And I am of the opinion that any single trade outcome is meaningless - aside from your immediate account balance.

I would certainly be interested also in reading about your backtesting results of PD, and having an idea of your trading plan, at least the plan for each trade called.


That being said, there is a bunch of idiots who can't understand that, may be, their way is not the only way, and that other ways might be just as successful as theirs - and possibly more.

This ongoing question about stop, for example. This is just forgetting that a stop is TOOL to achieve one goal, but there might be other ways. A better question, IMO, would be "what is your exit strategy - on the + and - side".


I wish you the best on this trade.
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PD wouldn`t work out well b/c of the daily settlement.There is no such thing as 'holding for a couple of days' it`s all fairy tails.No or VERY little money for the trend followers!Next!Though,there is a LITTLE room of hope for those with decent account balances
 
Quote from dom993:

This entire thread is plain stupid. I am not much impressed with most of the comments, and what they reveal from the people behind the keyboards.


Surf, I hope you realize calling one trade once in a while is pointless. Even the best odds setup can turn into a loss. The business of trading is all about probabilities and statistics, and it take hundred(s) of trades to demonstrate an edge. I am keen on monitoring your PD calls if you make enough of them. And I am of the opinion that any single trade outcome is meaningless - aside from your immediate account balance.

I would certainly be interested also in reading about your backtesting results of PD, and having an idea of your trading plan, at least the plan for each trade called.


That being said, there is a bunch of idiots who can't understand that, may be, their way is not the only way, and that other ways might be just as successful as theirs - and possibly more.

This ongoing question about stop, for example. This is just forgetting that a stop is TOOL to achieve one goal, but there might be other ways. A better question, IMO, would be "what is your exit strategy - on the + and - side".


I wish you the best on this trade.
More...

I don't think anyone ever said that their way of trading was better than someone elses. It's just that most of us think that surf is fos because of the obvious mismanagement of posistions. It's hard to BS people that know what it takes to be successful. It's pretty obvious from the his journals he doesn't know what he is doing. His feathers are just all ruffled because a lot of people are asking him hard questions that make his bs obvious.

Also, its pretty obvious he has no real exit strat when he enters a trade with a tight stop and then re-enters within the same day with no stop. Only to have the 2nd trade go against him by like triple (or more i'm not going back and looking) his original stop.
 
Quote from marketsurfer:

Yes
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Welcome back, Surfey!

It was getting boring around here. :cool:


cast.jpg
 
I just don't see it. The mod isn't using his power to alter your posts or suppress your ability to speak your mind. I think you are just being too sensitive on this issue.

Quote from marketsurfer:

It's not silly-- I am sorry you feel that way. In all my time here, I have never seen such power abuse and am shocked a blind eye is turned toward it and the bully cop is allowed to keep his badge--- I can't continue to support a site where I see such things---
surf
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Quote from marketsurfer:

Yes, generally. This time, I plunged in, I am confident that this will be a solid winner due to the Price Driver signal but will admit it wasn't a smart entry-- i should have staggered the entry 2, 2, 2, 2, 2---- as price moved against me, but PD's stayed elevated bullish. My fault.

surf
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You don't have solid set of rules for your entries/exits and trade management?
 
Quote from R. Raskolnikov:


p.s this is why i use an objective TA approach, the rules are well defined and there is no hindsighting :)
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Yea, beauty of TA is we always know what to do before entry orders are placed.
 
Quote from R. Raskolnikov:

And you are willing to leave a site that has been so good to you over this silly issue? Pretty lame.
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Leave? So far he only keeps claiming he'll leave.
 
Surf, if you meant for this to be your journal, it has become that and everything else.

On the other hand if you thrive on page count and views, you must be in 7th heaven.
 
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