Hi ap, Many thanks for your detailed response and very thoughtful guidance. What do you think of the quote that I posted. Do you think that it is true.
Once again, very profound and thought provoking. I have a friend who is an Orchardist and I shall pass on your pearly words of wisdom to him.
On the internet it's hard to figure out who the real deal are from the idiots. Sometimes, idiots can make [vague] profound thoughts every once in a while. As a rule of thumb: The more frequent someone post on ET, the higher the chance he is one of the losers. Assume 95% of posers are losers until proven wrong.
Considering the source (village idiot), I'll take it as a compliment. Of course it matters that it's demo; the title itself is self-deprecating. The trade was fubar before he posted this thread. So what does that tell you? Suppose the trade had been a "good risk"; what would you learn about the underlying methodology? Nothing. You're a 5'4" emasculated asian dude that couldn't hack in at a 3rd tier bank. I suppose if I were a small-stature failure that I'd have a massive chip on my shoulder as well. Chin up, brother. Do tell, how were the odds stacked against him? Do you have any clue how to calculate expectancy?
Well what I meant was there's a lot of posers giving mediocre advice on ET. How I know are the pics from the "Show your trading screen" thread tells me more then enough about the majority on this thread.