Registered: May 2008
05-18-11 09:45 PM
Quote from cornixforex:
It is not about odds. It is about professional abilities to do certain kind of things...
And I am very concerned about your words of strategies "without crap like stops"... It is very dangerous to think longer-term trades do not need stops... They probably need them more than day trades do, because you keep them overnight.
I can confirm that CF can trade, can trade with "impossible" stops, and can trade profitably day after day and seems to have been doing so for at least 3 years, as he's one of the first traders I ever met back in the days of ET's chat room. I had the privilege of having him in my Skype room last year, where I was left shaking my head at his ability to trade Euro futures with a 6-tick stop loss, quite profitably. I learned a lot from him. Once you learn what makes the market tick, as a day trader you will win in a "Spectacular Fashion." You'll just win!