piphoe
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D
Dowser
piphoe
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i place a long if i think the market is bullish...
3X my trade? i don't know what the market will give me.
i wish.
every candle that PAINTS changes the landscape.
HOW DO YOU KNOW?
brewski1984
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Think I’ll take the 10 demo points profit on my demo oil trade even though I paid 3 demo points in spread and then 3 demo points premium for a guaranteed stop.
piphoe
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out +99
brewski1984
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piphoe
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D
Dowser
1:2 getting better :clap:
piphoe
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lol seriously i don't look at the trade this way.
its probably ME, i amissing smthg??
can you explain it to me...how can i predict where a trade will peter out? 1:3 ratio seems so arbitrary to me... certainly i'd love 1: 3 or even better yet 1:10. i have no idea where i may take profit ..thats in the future painted candle.:innocent:
D
Dowser
You're right, if you have an edge, it doesn't matter...
piphoe
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seriously? is what you are referring to this "sharpe" thing i see referred too all the time? i've tried to understand it. i don't need it if if i have an edge? i thought ever trader had an edge (a positive expectation) when they placed the trade?
i do, i just don't know what it is.
D
Dowser
There's a difference between thinking you have an edge and knowing you have an edge. Are your records good enough to state that you have an edge?
piphoe
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you aren't answering MY question, do I need sharpe if i have an edge?
