Recent content by Schixm

Hence the importance of trade management (e.g. physical/mental stop losses, targets, position sizing, etc). I guess the OP could figure out the maximum stop (risk) required to achieve the 70-80% gain over the 20yrs, and realise that it's not simply a case of being able to fund for e.g. £100k...

Hi Hoggums, do you mean an 83% success rate is not good? I would have thought that was really good. May I ask what you mean by 'holding onto losers'? That's a bad thing, obviously, but if I were still getting an 83% success rate, I wouldn't mind hanging onto a few losers! :confused: :) edit...

ok, sorry about that. substitute all the 'you's for 'we's or even 'i's if you like. it was just meant as a reminder. i think belief in God is a bit like being in touch with true reality (not everyday worldly reality) and the universe and life. but it's a choice as well. you can also see life...

i know this is supposed to be a traders web site, but just think for a minute people. you are made up a millions of cells which are in turn made up of atoms and energy. but you're not really a solid form at all, you just appear that way. in fact, everything that appears to have form and solid...

Another way of looking at it: Microsoft ask Goldman to sell some of their shares for them on the market. Goldman obliges and buys the shares from Microsoft for x dollars offers them on the market for x+4 (offer) - and probably x+2 (bid). so either way, they're making money. you come along and...

but not every seller is selling short... and not every sale results in a price reversal. not every buyer is closing out a short sale either. if Goldman is obliged to take the other side of someone's buy trade and they lose money in the process - that's great. they make enough money on...

us retail traders, of course. that's why they advertise so hard - to get more of us suckers to provide liquidity for their games. :lol: - just kiddin ah, but is there a potential seller for every potential buyer (and vice versa)? it's the potential we have to keep in mind, not just the...

wish i'd seen the thread sooner. i think the key is diversification, either using different time frames across one instrument that you know well and using a setup that works well for you and/or discretion, or trading a basket of instruments again using just the one setup or discretion...

hi, travis thanks. sounds good. i'll most likely pm you when i've got things sorted out a bit. cheers

don't want to be speaking out of turn, but wouldn't the ability for the OP to simply HIDE the comments be a reasonable compromise? that way anybody could view all comments if they choose, it just woudn't be the default view for the thread. it would also make some of the teaching threads and...

support bounces occur in all time frames - which time frame you prefer is another matter. the first bounce is where you entered - the low of the hammer. it was 'technically correct', just unlucky. but i've noticed you already identified the main problem with these trades - entering too late in...

it looks to me like these stocks in this time frame don't suit your entry strategy - or at least your timing i.e. buying off support bounce. in both examples both were 'false' bounces. on the other hand, perhaps you need to be prepared for this happening and enter off the retest or get some...

these forums have had me literally laughing out loud sometimes and nearly falling off my chair but i can also relate to the frustration when i have a more serious intent. even though there is some great content, the whole site in general does have a bit of a weekend or 'end-of-the-business-day'...

ok, thanks for your replies bramble and megamuel. i'm taking it all on board. - bramble, i'm happy to tell you your assumptions/suspicions are unfounded. i've posted on forums before and am computer literate (also know a bit of the old html). navigating forums is not a difficult thing to do...

thanks, i hear what you're saying. of course, now i'm setting myself up to deliver the 'goods' when in fact i don't really have a complete system. also, i don't believe it's anything new (as in 'there's nothing new in the markets' misquote) - i think it's probably more like something old that...