Huge majority of you here are losers? Agree?

Discussion in 'Chit Chat' started by tangentShot, Dec 17, 2013.

  1. Nope, I'm new here. Haven't read your threads yet.

     
    #51     Dec 17, 2013
  2. Somewhere in between I think! Closer to the former than the latter.
     
    #52     Dec 17, 2013
  3. di0genes

    di0genes


    This is where your statements become fanciful. I have met the rare trader who trades patterns that only appear several times every year got long term holds successfully. To claim you have compressed this is pure fantasy --- As everyone else would soon find the same patterns and exploit them until they don't work. Unless you are magic. Then I can't argue.
     
    #53     Dec 17, 2013
  4. I understand that you might not want to go into details.

    But why do you think certain patterns or bars work? I mean, sure one can backtest them but is there any logical explanation for selecting certain patterns of bars?

    Thank you for sharing.

     
    #54     Dec 17, 2013
  5. Surfer, are you long-term profitable?
     
    #55     Dec 17, 2013
  6. tangentShot = tradingjournals
     
    #56     Dec 17, 2013
  7. Visaria

    Visaria

    An excellent question:

    1) Being impatient, not waiting. You want to be a crocodile, wait patiently forever and then when the opportunity is there, go all in for the kill
    2) day trading...bizarrely enough, i am quite a good day trader! But it tires me out and is a distraction imho to the bigger moves which take place over days. Basically ended up missing some good position trades which would have spectacular. So made chicken feed day trading and missed tens of thousands on other trades.
    3) Not position sizing correctly.

    Probably other reasons, but those come to mind immediately.
     
    #57     Dec 17, 2013
  8. Huh?

     
    #58     Dec 17, 2013
  9. [​IMG]
    Nobody cares what you think.
     
    #59     Dec 17, 2013
  10. Ok, you're angry. :D

    Come on, a good trader conceals his intent & emotion.

     
    #60     Dec 17, 2013