i'm going to take a trade every 60 seconds

Discussion in 'Trading' started by cashmoney69, Feb 13, 2009.

  1. If every trade is independant from the previous trade, then that means I should have a 50/50 chance of winning, sinse there are only two outcomes. I'm not going to short, just go long.

    lets see how it works out come 8:30
  2. Hit.




    You can lose 95% like that, quite easily.

    If you post, you won't be first in line and won't get a fool to hit/take you.

  3. still a litle wet behind your ears i guess
  4. bighog

    bighog Guest

    Be careful, it is Friday the 13th.

    That idea of a trade every 60 seconds will warm the hearts of wannabe scalpers and Jackolopes alike.

    Trading noise is a sure way to blow out. Better to work on your individual mistakes by thinking this way: When the obstacles you face which impede your trading results FALL, your profits will RISE.
  5. What have you been doing for the last 3.5 years ?
  6. im just trading on demo and fuckin around, i wouldnt actually do this with real money
  7. How can you conclude that every trade is independent of each other without testing your sample for dependency?
  8. Striker


    You missed a third one...it could remain flat, in which case you still paid the commission on your trade.
  9. How long have you been trading now?? For crissakes open your eyes.
  10. Lucrum


    I sure wish I was your broker.

    #10     Feb 14, 2009