Trading with stops is a flawed idea. IT LOSES MONEY! If you take away these stops, you will either lose everything (WHICH NEVER HAPPENS!) or eventually, it will go up and you will MAKE LOTS OF MONEY!
Another way to make free money, bet on South Korea to beat Greece at 2.93, and put those winnings on them winning the wordcup at 500-1. WE WILL ALL BE MILLIONAIRES!
See that's what thinking before posting can achieve.
Boozey registered in 2008, spent two years thinking about a strategy, and out pops this stroke of genius.
Way to go, imo !!!
Cheers, Boozey
boozey, welcome, we're "all ears",
eager to learn from your masterful, unique, innovative and never before discussed stroke of genius
As long as it's not a continuation of the MEDS saga
Trading with stops is a flawed idea. IT LOSES MONEY! If you take away these stops, you will either lose everything (WHICH NEVER HAPPENS!) or eventually, it will go up and you will MAKE LOTS OF MONEY!
Pleased that someone with sense has finally turned up at T2W. I went long on YM at 14k and GU at 2.0 and have absolutely no doubt that I would have been very rich at some time in the next 25 years, if I hadn't already been declared bankrupt.
As you say, losing everything NEVER HAPPENS.
PS. Anyone want to buy some Marconi and Northern Rock shares?
Trading with stops is a flawed idea. IT LOSES MONEY! If you take away these stops, you will either lose everything (WHICH NEVER HAPPENS!) or eventually, it will go up and you will MAKE LOTS OF MONEY!
Another way to make free money, bet on South Korea to beat Greece at 2.93, and put those winnings on them winning the wordcup at 500-1. WE WILL ALL BE MILLIONAIRES!
actually and IMHO he has a point...If you're scalping and or trading off 150 tick chart why use a stop, a waste of a few pips.. when price turns against you just take the 10-15 pip loss and move on. Better than a 13-18 pip loss