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TranceTrader replied Jan 17, 2014It's good that this thread has finally been moved to the commercial section.
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 10, 2014Again, I never called you stupid. I said I was baffled by your analysis. Also, the reply was to the JoeNY guy, about his simplistic explanation of incomprehensible mathematics and human emotion driving all instruments which wasn't related at your ...
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 10, 2014With all due respect, I didn't say half of what you've mentioned, that's down to your own interpretation of my words, yes it was bordering on sarcastic but in some respects it was a compliment (notice I'm baffled) because the task of short term ...
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 10, 2014Dude, I do have an idea what an index is, I trade them myself. Maybe you want to read up on the index and see how it's price is derived? url Don't be offensive when someone asks you about your methodology. I noticed in another post you mentioned ...
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 10, 2014In 2 years time, lets see if you still hold the same beliefs. The reality is your explanation is too simplistic, the whole *human emotions* excuse for technical analysis is a fallacy and It takes time to understand why. To suggest that all ...
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 9, 2014It baffles me how you can draw short term trade zones for a futures contract derived from an index which aggregates the share price of 500 companies, each with their own individual behaviour, market cap & weighting within the index and constantly ...
Accurate Zones For Day Trading Futures and Currencies
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TranceTrader replied Jan 8, 2014I've experienced this problem. I determined it was due to losing focus as a result of being influenced by current events, negating the original reasons for entry and associated plan. Extending the time horizon seems to have helped me, getting used ...
What methods do you use to let your winners run?
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TranceTrader replied Jan 2, 2014There is a very fine line between luck and good analysis
One thing Mark Douglas put very well was "anything can happen, when you think you're right, you're probably not right for the reasons you thought so don't get caught up in right or wrong"The one reason that trumps all other reasons why traders lose
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TranceTrader replied Jan 2, 2014I appreciate you taking the time to fully explain your points. I think the contradiction was inferred as a consequence of me not being clear around the distinction between the visible origin of a move (i.e the charts) and the lower time frames ...
Long term Vs Short Term Trading
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TranceTrader replied Dec 31, 2013I think you might of missed the word empirical from my previous post. I like your black and white mentality, dealing in one or the others like rich or poor, right or wrong, have and have not.... and all the rest. I personally found success in the ...
The one reason that trumps all other reasons why traders lose
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TranceTrader replied Dec 31, 2013I think maybe you should explore some of his other work and do not assume you're speaking to someone who is uninitiated, I've been in your shoes some time back, adamant his advice is sound but it's only through empirical evidence and a full ...
The one reason that trumps all other reasons why traders lose
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TranceTrader replied Dec 31, 2013It's subjective to how important you think time frames are below the daily. When I used solely technical analysis in my trading, I used to pay attention to higher tf's when trading the lower tf's because all the material I'd covered until then had ...
Long term Vs Short Term Trading
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TranceTrader replied Dec 30, 2013Thank you but I don't think I need you to show me how. The reality is that it's not realistic to expect 200% - 300% reward per trade regardless of what conventional retail forex wisdom says (there is a reason most people dont make money). The top ...
Gambler trading (with some MM), who says it can't be done?
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TranceTrader replied Dec 30, 2013I still don't understand why is became acceptable across the retail trading spectrum to expect returns of 1:3 or 1:2 per trade. This is equivalent to 200% (1:2) and 300% (1:3) return per trade per amount risked. Do people really think that is a ...
Gambler trading (with some MM), who says it can't be done?
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TranceTrader replied Dec 30, 2013Mark Douglas does a good job of making the impossible sound possible and more importantly the market (in this case the retail forex market) appear controllable. "Just do this 20 times and the laws of probabilities will give you the casino edge"... ...
The one reason that trumps all other reasons why traders lose