mudslime: My personal spelling which aptly describes the muslim religion. You think being a homosexual and conservative are contradictory? Why would my sexual orientation distort my perceptions of reality so much as to choose my optimum political philosophy for me? That makes about as much sense as being wed to an inferior constellation of beliefs just by virtue of your skin color.
I've made no bones about the fact that I don't find stops very useful with the style of trading I used then nor the concepts I have now. I guess it all depends on your style of trading.
Only in your mind does 2-4=10. I guess you really don't need to know any math to perform enemas. Just gotta know which hole the tube goes in. I'm sure that is challenging enough for you. Watch out for those nasty hemorrhoids and tape worms.
I didn't say that I couldn't read a chart I said "I'll be honest with you for physiological and perceptual reasons I don't hold much faith in all the wacky pattern recognition crapola I've seen promoted in TA." The human visual processing system establishes a myriad of false patterns when observing random information. We have a tendency to assign great importance as if causation to coincident trivial matters.(ie superstition is born and a part of our physiology) I could go on but I won't. There's a reason successive coin flips charted look exactly like stock charts dipshit. But there's a reason for that and it's implication on (your chart reading ability ) probably escapes you.
You seriously think I'm unaware of fractals. Like a child that hears a new concept you latch onto the names of things without getting a clue. Somehow in your little world knowing how to pronounce a term you suddenly think you grasp complete mastery of the concepts /applications. I suspect the silly notions you have about the fractal nature of your nickel has more to do with the reality that we live in a digital world comprised of discreet digital packages of information and change. We don't live in an analog world, we never did, it was always just a way of presenting more easily interpreted (smoother) information to ourselves. So go ahead and exploit the fractal nature of a nickel in the fx market.
1) That most certainly is a lie, you'll continue to try if you think it's a sore spot for me. It's ancient history now and not relevant to my trading ideas now. 2) You mean the same 1/2 million I extracted from the market 2009.
The child stuff I don't know about. What I do know is how to control risk, and take those nickels at will. Time will do the rest.
Uhhuh , just as if failing to label it a loss changes the math. and pretending the following charts are fabrications makes all the associated implications magically vanish. LOL
It doesn't matter if it is a coin flips charts. If there are points of reference to be had, then it is tradable. There no excuse of any kind to be taking large drawdowns. As some point the price or amount of participation in the chart will tell you if your are wrong. This is fundamental, and prevents events that so many people seem to get into.