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NowAndLater replied Jun 21, 2008Hmmm... — I'm not going to pick on you but that post is just... sad
No Free Lunch but all the Free Coffee you can drink
- NowAndLater replied Jun 21, 2008
People will remain people, it is in our nature. So what can you do? Do as PC has done and stop posting. I don't see any reason for him to keep posting on the 1KT threads about DIBS, because his inbox will be full with the same PM's he was getting ...
No Free Lunch but all the Free Coffee you can drink
- NowAndLater replied Jun 20, 2008
No I think he has every right to be sceptical, why would he just trust a method blindfold? I just think that the bt is too hard to do and the results will imo not be enough to use as a background for any valid discussion.
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
Please take it easy and read my last post.
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
No you didn't you had a hunch. Look brother please go ahead with your BT. I'm not saying what's right and wrong, just giving my opinion. GL with the BT mate. Cheers
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
No rules will do because no backtest will do, this is why we are practising this. So what we are doing is forward test. This is my opinion. Go ahead and do your backtest but I won't be interested because it won't tell me anything.
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
You could consider which side you want. If you want to do what PC does then you only buy if price is above the daily open. If you are looking to play reversals this is up to you but not a part of this system
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
I'm not following - what offside rule? Are we talking trading or football?
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
I believe you are answering your own question
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
If you are risking 1% for X pips, and you close 0,5% at 1:1, then the rest must reach double the risk for the entire trade to get 1% profit.
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
PC have used this for a long time and it works for him, so it's profitable. Now if you don't use it as he uses it how can you say that the system isn't profitable? No backtesting will do it in my eyes, because you don't know everything about his MM ...
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
I'm late to the discussion and have just read through what I missed today and will give some inputs soon. Just a quick answer to this question: You don't close the remainder at 1600GMT, why would you do that? We are looking for runners here... ...
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
One of the funniest posts in a while
By the way - how much? 
No Free Lunch but all the Free Coffee you can drink
- NowAndLater replied Jun 20, 2008
I'm happy for us all
Together we shall break our brokers (ok not break them like that since our money is like a drop in the ocean for them)! I have tp go now. Protected some of my profits and letting it ride. You guys have a great weekend and ...The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
Are we having fun yet?! — Dear DIBS'ers I hope you are having fun! What a nice way to end this week, now we can party all weekend and come back fresh on Monday morning. Life is great when you've got DIBS.
I've had the two best days ...The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
Yup I'm in it, it had retraced back to daily pivot point and 38% of todays little move down. Perfect DIBS imo.
The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
You want PC to post charts? (I dont speak for him, lol of course I don't hehe) I just don't think he will. You are welcome to look at the other thread, lots of good charts there.
No Free Lunch but all the Free Coffee you can drink
- NowAndLater replied Jun 20, 2008
No pro bro
. I don't rely solely on it of course, but it helps a little. I look at what the charts are telling me as well. But I like to play around with metatrader programming...The DIBS Method... No Free Lunch continues
- NowAndLater replied Jun 20, 2008
This is generally how you would find the hot hand, read PC's post on this. I have this little thing (made it myself
) that helps me with that. Here you go. It shows (amongst other things) how much price is up/down on the daily open, weekly open ...The DIBS Method... No Free Lunch continues
