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Posts Made By:
Paige
Forum:
Psychology and Money Management
February 5th, 2016, 11:53 PM
Replies:
41
TECHNIQUE: After three profitable trades, skipping the next setup.
Views:
7,815
Posted By
Paige
Throughout this, my assumption has been that a...
Throughout this, my assumption has been that a trader would never factor in " any condition or conditions" that had proven to be unprofitable or served to invalidate, or in any way, skew a setup's...
Forum:
Psychology and Money Management
February 5th, 2016, 12:49 AM
Replies:
41
TECHNIQUE: After three profitable trades, skipping the next setup.
Views:
7,815
Posted By
Paige
OK, let's try to make it very simple. If...
OK, let's try to make it very simple.
If you attempt to call (an unbiased) coin toss for $50 per toss -- your expectation is zero (or breakeven) over 1000 tosses. Win $25,000/Lose $25,000. ...
Forum:
Psychology and Money Management
February 3rd, 2016, 10:56 PM
Replies:
41
TECHNIQUE: After three profitable trades, skipping the next setup.
Views:
7,815
Posted By
Paige
Is this thread for real? This reminds me of...
Is this thread for real? This reminds me of people I used to meet in Vegas who had the same notions. "If I get ahead this much..." or "If I win (or lose) this many hands in a row....." or "If I only...
Forum:
Psychology and Money Management
February 3rd, 2016, 01:37 AM
Replies:
41
TECHNIQUE: After three profitable trades, skipping the next setup.
Views:
7,815
Posted By
Paige
Skip the fourth trade when the odds are against...
Skip the fourth trade when the odds are against you?
Well of course you should skip that 4th trade! And the 5th one as well. And most importantly, never take that dastardly & dangerous 6th trade....
Showing results 1 to 4 of 4
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