Pyramiding: Playing with the market’s money

Discussion in 'Risk Management' started by vivaskyliska, Jan 20, 2018.

  1. ironchef

    ironchef

    But you have a trailing stop?
     
    #31     Jan 20, 2018
  2. Xela

    Xela


    And he really means well-heeled. High-heeled isn't enough: I've tried.
     
    #32     Jan 20, 2018
    tomorton likes this.
  3. Overnight

    Overnight

    Hell yeah!

    It sux that this stuff is 40 years old now. Man, good times. But where has the time gone? Eeesh.

     
    #33     Jan 20, 2018
  4. volpri

    volpri

    You mean average down a losing position?....well now...ugh! MR. WB DOES THAT?

    Somebody on ET needs to warn him of this destestable behaviour...ROFLMAO
     
    #34     Jan 20, 2018
  5. SteveH

    SteveH

    Someone should have warned him not to insure BOTH of the Twin Towers against a full loss. And you saw them trying to defend that they only had to pay for one building since the same thing happened to both buildings on the same day, making it "technically" ONE event. That's the kind of stupid thinking that panic creates
     
    #35     Jan 21, 2018
  6. tomorton

    tomorton


    Who does this help in trading and how?
     
    #36     Jan 21, 2018
  7. Yes, but galvin888's said:
    So those 100 traders would have to view the same time frame in order to answer. And no matter what the time frame is for the chart he chose, the answer is so obvious that the 100 would most certainly agree.
     
    #37     Jan 21, 2018
    tomorton likes this.
  8. Sprout

    Sprout

    Learning to read what the market is saying is a trait of a successful trader. Like reading, there are levels of skill based on and built upon fundamental concepts.

    Also like reading, when one achieves a fluency, there are nuances in meaning that can only be perceived by practitioners of that specific language.

    Every specialized field of endeavor has developed it’s own vocabulary and language out of necessity to facilitate understanding.
     
    #38     Jan 21, 2018
  9. monee

    monee

    If you are playing with the markets money you could possibly increase position size.
    I would not take a second trade after the 1st entry.(assuming the trade is in the same direction).The first trade is going to have the better entry.If a 2nd signal appears I would stay in the 1st trade.
     
    #39     Jan 21, 2018
  10. monee

    monee

    40 years,that's scary!
     
    #40     Jan 21, 2018