Quote of the day

This is a discussion on Quote of the day within the The Foyer forums, part of the Off the Grid category; Originally Posted by forker It's listed under spreadbetting on the hmrc site! Nothing I am thinking just facts. If people ...

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Old Dec 18, 2016, 6:36pm   #61
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Originally Posted by forker View Post
It's listed under spreadbetting on the hmrc site! Nothing I am thinking just facts.

If people can't understand english or hmrc rules then you better hope your stupidity is taken into consideration when hmrc come knocking. Given that you are able to make any money in the first place
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Old Dec 18, 2016, 10:55pm   #62
 
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If trader X is buying and averaging down in fixed size and in equal distances for example buy 1 lot every 100 pips , then it is impossible to always have the average entry price near the bottom , it will be exactly in the middle between the first entry and the last one , one would need 50% retracement just to get back to BE .

Ofcourse there could be another version of averaging down , for example first buy every 100 pips then buy every 50 and so on, while increasing size more aggressively all the way down just to try to make the average entry near the bottom , but that wont work every time , at some point you will run out of fuel before seeing the bottom , which will keep your average entry hanging up there way off the bottom . Not to mention the steep drawdowns you will suffer just to get back to BE .

Which brings me to the old saying : martingale works if you have unlimited money .

All of this is just to avoid taking a loss of few pips in the first place while being ok with taking the same amount as profits .
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Old Dec 19, 2016, 6:32pm   #63
 
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got this on twitter from Paul Bratby
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Old Dec 19, 2016, 9:45pm   #64
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Originally Posted by Trading Education Buyer, post: 4377309, member: 495363
I am trying to figure out , he was sounding intelligent on T2W zoo

Tell us why it is funny!

Self Sabotage for traders

Self Sabotage for traders

[MEDIA=youtube]6X6MFsNIoC4[/MEDIA]

[MEDIA=youtube]NBFBbFcixRY[/MEDIA]
A post today from ET forums it was about an old member .
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Old Dec 19, 2016, 10:00pm   #65
 
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Your new avatar pic... is that a blinkered dummy or just a dummy with a horse face?
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Old Dec 20, 2016, 5:21am   #66
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Your new avatar pic... is that a blinkered dummy or just a dummy with a horse face?
The former ...
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Old Dec 21, 2016, 12:20pm   #67
 
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Originally Posted by jiggly View Post
I think so too.

You don't want to be trading with the herd but against them.

You want to be buying when they are selling and selling when they are buying.

You should be picking off their stop losses so you can profit and not trying to hide behind them by a few paces. This just puts you at the wrong end of the firing range.
yep
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Old Dec 21, 2016, 9:44pm   #68
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Originally Posted by Fugazsy View Post
MY Favorite:

33. You will not make money long term until you know enough about your
personality to find a trading style that is compatible.
Same my thinking
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Old Jan 19, 2017, 7:12am   #69
 
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Originally Posted by fugazsy View Post
to many ego wrestling on those boards always holding constantly absolute truths which in my humble perception translates in absolute bs.

Many healthy discussion are killed by those strong opinion/beliefs, here the egos can get very aggressive (fear) in defending something that exist only in their mind, showing a luck of maturity as a trader and as a person.

(of course here i am not referring to anyone in particular...)
aaa
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Me and you, we is largely the same bruv! We dont know shît! The difference is, I know I dont know shît!!
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Old Jan 27, 2017, 11:49pm   #70
 
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Originally Posted by dbphoenix View Post
If you weren't joking, then you must be wandering in an alternate reality.


Last edited by Atilla; Jan 27, 2017 at 11:59pm.
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Old Jan 28, 2017, 3:05pm   #71
 
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The new " alternative reality " is the Trump supporters speak for downright lies.
Disgraceful.
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Love your own area.
Long live NIMBYISM

for quality of life.

The Westcountry is being overrun with
grotty new estates
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Old Jan 28, 2017, 3:56pm   #72
 
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The new " alternative reality " is the Trump supporters speak for downright lies.
Disgraceful.
Not lies!!!

Alternative Facts!!!
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Old Jan 29, 2017, 10:37am   #73
 
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Originally Posted by joseph1986 View Post
......

enjoy your life dude....the food you eat doesn't make me 5hit



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Old Jan 29, 2017, 10:43am   #74
 
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Originally Posted by nero1 View Post
...

you will hear my name and you will not sleep from the stress,just like the hedge funds who panicked after my shorts,so be careful how you talk to me

...
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Old Jan 29, 2017, 11:56am   #75
 
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^^^Classic! lol, the guy's delusional
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