DislikedThe problem is people's egos
"I am profitable, you are not, i am a good trader, i have the secret!!"
it's all bull shit!
TRADING IS DIFFICULT.Ignored
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DislikedThe problem is people's egos
"I am profitable, you are not, i am a good trader, i have the secret!!"
it's all bull shit!
TRADING IS DIFFICULT.Ignored
DislikedDude, no, Pipmutt's got a really good observation.
I know I'm not the one to say it:
There's several threads where the trader runs up the account, cashes in, and repeats.
It's gotta be something evolutionary, or built into people, an internal set point that causes this version of trading.
Only you're not letting go and accepting and building on what you can do, which is more than a lot of people including me.
Of course, your way of trading may be integrally tied into the rest of your success in life, in which case whatever.Ignored
DislikedWEIRDO ALERT!!!
Invent a time machine, go back invest in Microsoft then take that out and go Apple, but that's likely harder than just trading so maybe not.Ignored
Dislikedsurely you cannot be serious all in on intel?
ever heard of tangency porfolio or efficient portfolio frontier?
although the beta, p/e and EPS as well as technically it looks attractive you do not want to go all in you have to remember it is still a stock and is subject to systemic risk there is still a correlation with the broad market movement even if the beta is <1.
you have to compute the Cost of equityIgnored
DislikedLOL...I will go on record... BUY INTEL.... come back in a year and you will thank me profusely.
Red your a smart cookie. But sometimes a guy can be tooo smart.
No time machine needs to be invented boys if that was the case why trade any instrument ?Ignored
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Yes ive went from near 400 back to 100, its a pyscological barrier where i simply try to hard.Ignored
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But sharing a trade exerience to demonstrate how trading is a bitch at times isnt a reason to make personal attacks!Ignored
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You dont understand my method despite the simplicity / logicalness of it so i dont think your in any position to comment.Ignored
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Yes 7 years have passed from the start no big deal busy man i dont get much time to trade in the day when its worth trading.Ignored
Disliked100% serious.. Turveyd obviously goes all in with his averaging down.
So who would I rather go all in on.. Turveyed or Intel..very simple Intel will pump him money out this yr whereas Turveyd trading will not..Ignored
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LOL...I will go on record... BUY INTEL.... come back in a year and you will thank me profusely.Ignored
DislikedRefusing to accept risk and take a loss isn't 'simply trying too hard', it's a total lack of understanding about trading. Willing yourself not to recklessly gamble or avoid a margin call isn't a solution. That's where you need to start, by addressing those issues rather than having a pipe dream about drawing 2k a month off a 1k account, it simply ain't gonna happen if you continue on the same path you've been on for the past 7 years! Sorry to burst your little bubble but it's probably better to accept that sooner
rather than later.Ignored
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I've never said anything against you personally, why would I, I don't even know you. My comments are directly related to what you're doing, and what you believe yourself to be, an 'ace' trader. If that's what you've convinced yourself you are then you're deluding yourself, that's obvious to anyone who is a trader.Ignored
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That's fine, no one is finding fault with your perseverance or dedication to succeed, it takes some people decades to understand the concept of trading, some never achieve it. Unfortunately you can't solve issues because you don't recognise you have any issues, you think you're an ace trader who just needs more funds.Ignored
Dislikedweekly has confirmed a move to monthly top, not great signal... wouldn't bet against 1695... if I was a swinger that would be my first targetIgnored
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Only you're not letting go and accepting and building on what you can doIgnored
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weekly has confirmed a move to monthly top, not great signal... wouldn't bet against 1695... if I was a swinger that would be my first targetIgnored
DislikedRight, building on strengths and compensating for weaknesses.
I think the problem with Turveyd's strategy is it's an illusion. He makes trades, averages when price goes against him, the trade eventually comes right and he makes money. Great, what a trader, he probably has a good run, makes ~300% and everything looks fantastic. The inevitable happens and price keeps going against him, he eventually closes and loses 75%. Then makes 300% back to $400, then loses 75%, then makes 300% etc etc etc
Any fool can average and hope for the best, there are...Ignored
DislikedAveraging down works in stocks if your going to buy and hold. It does not work in forex.
If your trades mostly go negative from the get go you need to seriously improve your entries.Ignored
DislikedLong term investment, looking for 3000!
Central banks I think are going to help but I guess only time will tell as always!
Yeah I know, crazy like a fox......Ignored