Can We Talk About Entries

Discussion in 'Strategy Building' started by Flashboy, Nov 11, 2005.

  1. FredBloggs

    FredBloggs Guest

    most profitable ideas do

    (but some dont)
    #41     Nov 14, 2005
  2. jeffstr


    nkhoi, conventional wisdom has taken more money than I care to count, lol.

    I guess that was my lame attempt to tell Flashboy just about any entry method can be made profitable with proper money management.

    I trade many systems and most have Win/Loss exceeding 80%. That MA Xover was the lowest on the totem pole. However, your correct, they all have one common characteristic, the STOP is greater than the Target.

    #42     Nov 14, 2005
  3. FredBloggs

    FredBloggs Guest


    money management will NEVER turn a losing (entry) method into a winning method. never. not in a million years.

    do you mean one of the other managements?

    trade, risk, and often the most important - self????
    #43     Nov 14, 2005
  4. Luto


    Hi Flash,

    It is hard to evaluate the entries out of context. Trading is a bit like a balanced meal. An appetizer need to be balanced with the salad, wine, soup, entree etc.

    If you were waiting for scalp or a breakout or whatever, the entry and exit are designed to minimize the risk, reap the reward, IN THAT SITUATION.

    So besides the larger picture comments, I would not think that you will get much of a usuable response.

    Garbage in - garbage out.


    #44     Nov 14, 2005
  5. jeffstr


    Fred, I'm pretty sure I typed "just about any", we actually agree.

    #45     Nov 14, 2005
  6. How much have you lost,Flashboy?
    #46     Nov 14, 2005
  7. How much money??
    #47     Nov 14, 2005
  8. Yes
    #48     Nov 14, 2005
  9. I'd rather not say being that I feel thats very personal.. sorry
    #49     Nov 14, 2005
  10. (No one knows who you are) and if you see it in black and white maybe you'll quit.You can always come back as a multiple alias!
    #50     Nov 15, 2005