We had a good run didn't we?

This is a discussion on We had a good run didn't we? within the Indices forums, part of the Markets category; Originally Posted by piphoe run this down after hours, this aint rocket science for christ sake No it isnt rocket ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 29, 2017, 11:45am   #41
 
postman's Avatar
Joined May 2005
Quote:
Originally Posted by piphoe View Post
run this down after hours, this aint rocket science for christ sake
No it isnt rocket science, you just need to buy the dip, its really simple. The question is can you do it?

BTFD.
Attached Thumbnails
how-increase-your-income.jpg  
postman is offline   Reply With Quote
Old Sep 29, 2017, 12:00pm   #42
Joined Apr 2016
Quote:
Originally Posted by postman View Post
No it isnt rocket science, you just need to buy the dip, its really simple. The question is can you do it?

BTFD.
You should follow your own advice more. Dips are designed to take out all longs. This is why neither following the trend nor buying the dip works. These things only look good on historical data, lulling the curve fitters into thinking they have something when they don't.
EnlightenedJoe is offline   Reply With Quote
Old Sep 29, 2017, 5:40pm   #43
 
piphoe's Avatar
Joined Oct 2015
piphoe started this thread
Quote:
Originally Posted by EnlightenedJoe View Post
Why are you stressed by it ? I thought you are doing sim trades ?

Because I want to be ready & confident when I do open my futures account. If these SIM trades don't work well how can I trade real money confidently? I'm putting in 12 hr days developing & testing strategies and whatnot. It's exhausting, and heartbreaking when they don't work out, time and time again SIM or no Sim.
__________________
There’s no right or wrong, just whining or winning
piphoe is offline   Reply With Quote
Old Sep 29, 2017, 5:52pm   #44
Joined Apr 2016
They don't work out because you don't really have a strategy. For instance, it was obvious they were taking the indices to all time highs, yet you could not see it.

Maybe you should give me your money instead of opening a futures account. The money's gone before you even start.
EnlightenedJoe is offline   Reply With Quote
Old Sep 29, 2017, 5:57pm   #45
 
piphoe's Avatar
Joined Oct 2015
piphoe started this thread
Quote:
Originally Posted by EnlightenedJoe View Post
They don't work out because you don't really have a strategy. For instance, it was obvious they were taking the indices to all time highs, yet you could not see it.

Maybe you should give me your money instead of opening a futures account. The money's gone before you even start.

I appreciate your honesty, and you are correct that I didn't see it. I'll keep working on it.
__________________
There’s no right or wrong, just whining or winning
piphoe is offline   Reply With Quote
Old Sep 29, 2017, 6:00pm   #46
Joined Apr 2016
How long have you been doing this ?
EnlightenedJoe is offline   Reply With Quote
Old Sep 29, 2017, 6:03pm   #47
 
piphoe's Avatar
Joined Oct 2015
piphoe started this thread
Quote:
Originally Posted by EnlightenedJoe View Post
How long have you been doing this ?
a few years...i dabbled before that.
__________________
There’s no right or wrong, just whining or winning
piphoe is offline   Reply With Quote
Old Sep 29, 2017, 6:40pm   #48
Joined Apr 2016
Quote:
Originally Posted by piphoe View Post
a few years...i dabbled before that.
Then you must have tried everything there is to try in terms of strategy. If after all that time, you haven't found something, then you are probably not going to. There remains a possibility of finding an inspiration from within yourself. For that to work, you'd have to do real trades.

For learning, the indices are no use because the margin requirements are too high. That's no problem if you have plenty of money.

If you trade forex with a broker like oanda, you can trade as little as a few cents. Then you can do real trades and still it will be cheap. Demo trades are no use, and you won't learn anything from them. So to discover if there is anything within yourself that allows you to succeed, you have to do real trades
EnlightenedJoe is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Run rabbit, run. bunnygirl Trading Journals 169 May 30, 2016 11:19pm
13 Things You Probably Didn't Know About Saved By The Bell daroth The Foyer 6 Jun 15, 2011 6:27pm
IB TWS - Why Didn't My Stop Trigger? jonnyy40 Brokerages 2 Oct 24, 2003 10:50am
Didn't I say that ATN................ traderx Stocks 3 Nov 30, 2000 11:37pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)