Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. Thanks for the heads up, Andrew. And also for that link.

    Now that you mention it, I believe I did use the DOM locked down in that manner.

    Maybe I should put it up again?

    I think I took it down because I started to feel it was more of a distraction / stressful than helping my trading. :)
     
    #7791     Jul 9, 2021
  2. baron193

    baron193

    NT is good
     
    #7792     Jul 9, 2021
  3. M4-1

    M4-1

    not what i am looking for..i downloaded TWS and it had saved my config on the server from previous logins..so i have just modified it slightly..but this is the jist of what i will be using..the charts are not the best with TWS..but the chart for the order entry is fine..MT5 can be used for the MTF setup..

    MES_09Jul21_2220.png
     
    #7793     Jul 9, 2021
  4. baron193

    baron193

    we are fortunate to have a plethora of choices when it comes to charting and order entry SW, i don't have a futures account now as i have been absent from trading for a couple of years due to family reasons so i only have an MT4 spot forex and CFD account and the one thing i miss the most is OCO orders
     
    #7794     Jul 10, 2021
  5. Ed48

    Ed48

    Good read (IMHO). (Although M3 might consider him another Gobshite :D)

    https://startupbros.com/make-lose-2000000-day-trading-system-story

    I stumbled on the article a few years ago but the first time I read it, it didn't really resonate. It's only after pouring over this thread, and seeing trading for what it really is (mostly BS), that I realised it provided the answer as to what the "obvious pre-requisite to trading any market" is.
     
    #7795     Jul 14, 2021
    Laissez Faire likes this.
  6. M4-1

    M4-1

    you are right E48..he is not a Gobshite..he is an..

    Amadán :)
     
    #7796     Jul 14, 2021
  7. Well, since the thread has not had many posts lately, I'm going to start posting some stuff. I was trading stocks back in 2008 when a coder said to me, you should get into forex, it's like stocks on steroids. Anyway, I came across a group where one guy said to me: wait here is his quote, "3 wins per week at twice your risk, 500 dollars to-1mil in a year". I was just wondering if anyone could do that on an excel sheet easily. I think he risked 3% per trade. My question is, would it be compounded PER TRADE or weekly or what. And yes, I know that you are not going to win every trade, but maybe in say 4 years? if you stuck to the plan?
     
    #7797     Aug 2, 2021
  8. M4-1

    M4-1


    JC..sit back and read what you have written!!!!!!!

    Remember the 2nd golden rule !!!!!!!!!

    if i am not posting it means i am busy..i have my new IB account open and currently putting in some funds and setting up the correct trading permissions..

    i have also bought my 4k monitor..exact same model as my Qhd model..but now have a very large screen resolution to put in portrait mode for tws booktrader with volume histogram..yet to set up and add the customized buttons for fast trading..

    i am a bit disappointed with The Smalls Futures..but as i am a subscriber and will get 0.07 cent rebate per trade i am going to start trading them..but only with profits from MES trading

    i have no interest in FX as the above offers me ample opportunity and more importantly..low risk trades..

    do not waste your time on silly and ridiculous things that do not matter..just do what needs to be done..but..if you don't know what to do..then it is OBVIOUS that you are just another "sucker" !!!!!!!!!
     
    #7798     Aug 2, 2021
  9. It was nothing against you M4; just meant to give people something to read. I will listen to and take your advice.
     
    #7799     Aug 2, 2021
  10. M4-1

    M4-1

    i know it was nothing against me..the point is forget about wasting your valuable time on stupid things that are of no relevance..enough idiots on the web today without us adding to their numbers..

    in other words..get on with the job !!!!!!
     
    #7800     Aug 3, 2021
    johnc19822 likes this.