5 Golden Rules of Trading

Discussion in 'Forex' started by mark04, Oct 19, 2009.

  1. Ohhh-k then, why do you think my risk percentages are going to be relevant to you....or all readers, or anyone else?
     
    #81     Oct 25, 2009
  2. I don't know very much about other markets as I mainly trade forex.

    Where you place a stop in relation to indicators isn't really what I'm talking about (in fact I'm not sure wide stops are going to help in the long run), as I said I'm not one of your more conventional 'entry/stop/limit' traders. :)
     
    #82     Oct 25, 2009
  3. Alex55

    Alex55

    Again yes, for the reasons I wrote before....but actually I think you don't have any idea of your own risk (so cannot tell it anyway)
     
    #83     Oct 26, 2009
  4. You kinda missed my point.

    What difference would it make to you and your trading if I say my risk is 1% or 5% or 25%......risk percentage has to be taken in context.

    This isn't rocket science, these are very basic issues, if you don't have the capacity to understand basics like this then to be frank it doesn't bode well for your career as a trader!
     
    #84     Oct 26, 2009
  5. Alex55

    Alex55

    This reply tells us enough of how we should take your opinions and posts. Risk is just an empty phrase for you..

    And please don't judge me (or others), as you have no idea who I am, how much experience I have and how profitable I am. I will not do that to you as well.
     
    #85     Oct 26, 2009
  6. hehe, how do you work that one out? :D

    I notice you didn't answer the question though, didn't you understand it?

    "What difference would it make to you and your trading if I say my risk is 1% or 5% or 25%...."

    Please tell me, I'm all ears (or eyes!) :)

    As for your level of competence, experience, and/or profitability, I can only go by what you've posted and I would have to say novice, naive, and in all probability consistently unprofitable, that's certainly the way you come across anyway!
     
    #86     Oct 26, 2009
  7. deaddog

    deaddog

    Assuming you are a successful trader
    And assuming you don’t use hard stops
    And assuming your risk is more than I am now comfortable with; there is a possibility that I might rethink my strategy.

    That is what ET is all about isn’t it. To help your fellow traders. :D :D
     
    #87     Oct 26, 2009
  8. Alex55

    Alex55

    Hit the nail on the head.
     
    #88     Oct 26, 2009
  9. Alex55

    Alex55

    Sleep on...''big boy".
     
    #89     Oct 26, 2009
  10. lol, you don't even know what the nail is let alone have the ability to recognize it being hit on the head!

    Toooo funny! :D
     
    #90     Oct 26, 2009