POLL: If you were improving your method, would you seek more setups or fewer of them?

Discussion in 'Trading' started by Gabfly1, Feb 18, 2010.

If you were improving your method, would you seek more setups or fewer of them?

  1. More setups

    15 vote(s)
    28.3%
  2. Fewer setups

    38 vote(s)
    71.7%
  1. Gee, I didn't see that one coming. :)
     
    #21     Feb 18, 2010
  2. Yes, but that's an even more general answer than my question, which has already been criticized as being too general.
     
    #22     Feb 18, 2010
  3. Hello

    Hello

    This has to be one of the dumbest f%&*$%* questions in the history of ET, and that is saying alot. Then you actually have the audacity to go after people who respond to you....

    "All else being equal," with a profitable method, obviously you want to take as many setups as possible, a 60/40 edge is a 60/40 edge no matter how many set ups you take, and the only way to make more money from it is to keep taking as many setups as possible, When I realise it is people like you who are fighting with the market taking the other side of my trades, i sometimes question my own intelligence for not already being a billionare.....Why would you even ask something this stupid?

    You call recognising fewer setups intentionally "tightening," Why in the hell would someone intentionally try to take less setups if they had a system which is profitable, thats like the black jack dealer at a casino putting a limit on the number of hands he allows customers to play. This is not called tightening, i believe it is actually called "being retarded," that is just a technical term though, tightening is lowering share size, not taking less setups.

    Why do you think that for the most part the good traders who automate kill the good ones who dont?(in terms of PNL)

    Hmmmmm let me think about this "all else being equal if i had a 60/40 edge would i rather "Tighten" my game (in your words) and just trade it less, or trade it as many times as possible.... tough choice.....

    If you need to ask a question as simple as this you dont belong in the market, period. I suspect you are just trolling though, and starting a thread in the trading section so you get more people you can act like a total douchebag towards.

    The scarier thing then the original question is the fact the poll is skewed 65% in favour of less setups, LOL!!!!!
     
    #23     Feb 18, 2010
  4. spindr0

    spindr0

    PERZACTLY !

    Keep the rose garden. Send money :)
     
    #24     Feb 18, 2010
  5. spindr0

    spindr0

    The goal is to increase account value. Does it really matter how many trades it takes to get there?
     
    #25     Feb 18, 2010
  6. Hello

    Hello

    \

    This concept is lost on paper trading wanna be's like Gabfly1, as he can just hit the reset button on the simulator everytime a big one goes against him.
     
    #26     Feb 18, 2010
  7. I wonder how you could possibly make that assumption ?

    I have read several of gabby's remarks regarding trading and it is my impression that he respects the art and craft of trading.

    Now, if you would like to talk about his politics :)
     
    #27     Feb 18, 2010
  8. Mnphats

    Mnphats



    What he said. Especially about the politics. :)
     
    #28     Feb 18, 2010
  9. BSAM

    BSAM

    Fewer. One of the objectives is to make trading as stress free as possible.
     
    #29     Feb 18, 2010
  10. BSAM

    BSAM

    Off topic Tdog, but why did you register another name? Bring back the dog.
     
    #30     Feb 18, 2010