easy money

[vetten]

hey you,

you know those opportunities in the market that don`t come around very often; once a day,
once a week, once a month or once a year on average to take out that BIG, FAT CHEQUE...........
you looked at the chart and said: Hell I see this blahblahblah and that blahblahblah and its
confirmed by that blahblahblah indicator
and if you jump in, you`re sure that your rate of success will be above 80%....
where`s my change, how much is in the bank, can I borrow from the in-laws?
and you throw it all in the pit..........

those opportunities..........can you tell me ALL about it????????? :cheesy:

 

[Trader333]

Opportunities come along every day but in my view borrowing money to trade is probably one of the worst things anyone could do when considering trading.


Paul

 

[vetten]

hey Paul,

you`re the guy I need..........opportunities every day at better than 80% success rate and I
must add: FOR A ROARING UNUSUALLY HIGH PROFIT????

Can you tell me how you go about that?

 

[oatman]

Can you keep your finger off the button the rest of the time though? :cheesy:

 

[vetten]

Can you keep your finger off the button the rest of the time though? :cheesy:

I`ll try hard oatman

but what I`m trying to do is to locate BIG opportunities in different markets and leave the daily grind to somebody else..........
see: you have those people that only trade say 3 times a year when their market is just right and the money is for the taking and I would like to explore those possiblities too.

we all have our strategies - well I hope so - but I`m sure everybody see set-ups that are far better than normal, so which are those people?????????

 

[neil]

Preparing the ground for Spam?

I`ll try hard oatman

but what I`m trying to do is to locate BIG opportunities in different markets and leave the daily grind to somebody else..........
see: you have those people that only trade say 3 times a year when their market is just right and the money is for the taking and I would like to explore those possiblities too.

we all have our strategies - well I hope so - but I`m sure everybody see set-ups that are far better than normal, so which are those people?????????

What are you selling?

 

[the blades]

Opportunities come along every day but in my view borrowing money to trade is probably one of the worst things anyone could do when considering trading.


Paul

yes Paul - you're the guy I need too. Tell me all about these too, or alternatively send me some cash in the post

UTB

 

[rols]

What are you selling?

His soul probably.

Does he know souls are for sale on eBay for as little as $7.00?

 

[vetten]

unfortunately I have nothing to sell, although who cant use a bit of money?!?

this tread should be called the SUPER STAR THREAD on here, the best of the best.

as you might know there are hundreds if not thousands of different strategies.
on stocks, futures, forex etc. etc
they probably all have their daily grind, but once in a while they will have situations
where the trader would like to bet the factory and KNOW he`ll come away with a fistfull
of money.
so I dont see why somebody cant collect all those great set-ups in different markets,
keep an eye out for them and trade them when they`re there.

better than the daily grind of little losses, break-evens and small profits.

man, that`s a thought!

so ok, maybe you guys can start and give me your win-win situations in your strategy
if you have one?????

 

[neil]

What give away a winning stratagy for FREE ?

 

[vetten]

I dont know neil, but anything is possible...........just like the markets

at least I`ll give it a try aye.

 

[chpok]

Interesting discussion.
I may be wrong but even if someone gives you a winning strategy it will not work for you 90% of time.
I recon it has to suit personal style in some way.
Also I discovered that it is very difficult not to click at the wrong moment for some reason (even with winning system) then to just find yourself hypnotised by price action cleaning your pockets...

 

[vetten]

nah, maybe I dont make myself clear: I DONT want a winning strategy!
no no please dont give it to me........

what I do like is the cherries in all the winning strategies. every winning strategy will have
a certain set-up that is almost guaranteed succesfull.
so if I have all those certain set-ups from all those winning strategies, well I`m king and
pope.

 

[Hoggums]

nah, maybe I dont make myself clear: I DONT want a winning strategy!
no no please dont give it to me........

what I do like is the cherries in all the winning strategies. every winning strategy will have
a certain set-up that is almost guaranteed succesfull.
so if I have all those certain set-ups from all those winning strategies, well I`m king and
pope.

What you are searching for doesn't exist. Don't you think if we could identify these "low-risk bankers" then that's all we'd trade.

It's very easy to say with hindsight that a particular trade was a "classic" but what you fail to appreciate is that we are always looking out for them - and we trade other such similar setups only to find they don't materialise profits. Personally, I only trade when I think it's going to be a low-risk winner - but things don't always turn out the way you expect - the daily grind you mention something you can't avoid. This is where your money/risk management comes in - no matter how certain you are that you'll profit - you dont "throw it all in the pit" as you suggest, because if you are wrong only once then you've nothing left to trade with.

 

[Trader333]

every winning strategy will have a certain set-up that is almost guaranteed succesfull.

There is no such thing as guaranteed setups. The key is knowing the statistical probability of reward to risk incurred and positioning your size relative to it.


Paul

 

[vetten]

Sorry Hoggums, but I dont agree with you...............I bet you didnt think of collecting all those cherries and neither did 92% of the others.
It is the original thinker that makes it BIG, not the plodder in the daily grind. Nothing wrong with those people; its just not my style.

If I know a situation with a 95% success rate, yes I would throw it all in the pit, but there is also something called a stop loss!

 

[vetten]

Paul I didnt say guaranteed set-ups, I said ALMOST guaranteed set-ups and I know they`re
out there and you probably have them as well. Well I hope so for your sake.

 

[Mikesev]

If you're an original thinker Vetten why are you here asking people for their nearly sure-fire big hitters? Seeing as you're in that elite group of people who apparently thinks outside the box why not deduce these situations for yourself?

Ever think that maybe you're not the first person to ask this question? And that maybe the reason why what you seek isn't sought by the people who advise you against it is not because they've not also considered it, but because they have, and that because they also know how trading works they understand why it's unfeasible?

I know little in the way of these things, but it is obvious that trading is a statistical process that rewards patience and punishes foolhardyness. The market doesn't present the opportunities that you're after because in every trade there are two parties and the person who's money you're hoping to take is not so much of an idiot to hand them to you. Hindsight of course is 20/20.

 

[vetten]

hey Mike,

yes I am an original thinker in that I want to collect all the sure-fire big hitters of all those strategies and I do think that I`m the first person to ask this question. If not, you tell me where
that question has been asked before!
And ofcourse its feasible to only trade the sure-fire hitters, the plums of every strategy with
an ALMOST 100% chance of hitting it BIG.
By the look of it, you haven`t been trading long or at all.
and quite frankly, there are plenty of idiots out there!