not fooled by random market and by technical analysis

Discussion in 'Journals' started by padutrader, Sep 24, 2019.

  1. wrbtrader

    wrbtrader

    Strongly agree...you cannot predict when such risk emerges.

    Yet, you can know when trading conditions are not favorable for your trade strategy. Thus, you now have a choice to either step aside and bank your profits or continue trading...increasing the risk of ruin.

    wrbtrader
     
    #91     Sep 24, 2019
  2. Amahrix

    Amahrix

    All money made under the risk of ruin is due to chance. Remember, picking up nickels in front of a steamroller. You can bet more prudently by hedging risk of ruin before engaging and stop gambling.

    Otherwise it is a game of chance.
     
    #92     Sep 24, 2019
  3. wrbtrader

    wrbtrader

    You're welcome to your beliefs and good luck (pun intended) with your trading.

    Being lucky is not a bad thing. You gotta embrace it when it shows up. :sneaky:

    wrbtrader
     
    #93     Sep 24, 2019
  4. Amahrix

    Amahrix

    I'm dumbfounded how you don't see that it becomes a game of chance.
     
    #94     Sep 24, 2019
  5. padutrader

    padutrader

    it appears you are wise beyond your years.

    very few people are highly successful at what they do.

    why should trading be any different.
     
    #95     Sep 24, 2019
  6. padutrader

    padutrader

    like someone quipped when asked if he believes in miracles...' i not only believe in them i rely upon them'
     
    #96     Sep 24, 2019
  7. padutrader

    padutrader

    long eurusd.... e9.png
     
    #97     Sep 24, 2019
    SimpleMeLike likes this.
  8. padutrader

    padutrader

    no i also have no clue why i went long......
     
    #98     Sep 24, 2019
  9. maxinger

    maxinger

    again stop against the grain, counter trend aka Kamikazae trading !

    price doesn't simply reverse to go up. wait for confirmation.
    price may simply refuse to go up.

    lately gbp has been more trendy compare with eur.
     
    #99     Sep 25, 2019
  10. padutrader

    padutrader

    it is impossible to get killed with forex.
    it goes nowhere
     
    #100     Sep 25, 2019