shadowninja
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The fun thing about replies is trying to work out who has actually put real money on the line and who is still waiting to pull the trigger.
Are you seriously saying that exit is more important than entry? Sometimes reading this forum is like being in the twilight zone.
no but im saying that entry doesnt have to be perfect and that a wider stop allows for a little error
You are right. But gamma said "Its more a question of how good your entry is, I don't actually like tight stops if you time your entry correctly"
If he said you go with the "correct general direction" I wouldn't disagree. But he said "time your entry correctly" - if you time it correctly, you're hitting it pretty much to the pip. If you miss by 10 pips, you haven't timed it correctly. So if you time it correctly, logically you only need a stop big enough to cover the spread. So why you need a large stop is a contradiction.
correct general direction.
.I wouldn't disagree
.logically you only need a stop big enough to cover the spread
The fun thing about replies is trying to work out who has actually put real money on the line and who is still waiting to pull the trigger.
Good to see the debate has taken a turn for the better.
Some good points have been pointed out by your good self about Patience and discipline, At this point I owe counter violent a public apology, when he mentioned about dangerous points being made by some on this thread, People with less experiene would be drawn into taking more risk and no doubt suffer some fallback.This is what he meant ,For those who feel they have the necessary discipline and Patience the competition will no doubt enhance their trading performance.
I have taken my profit and closed my account with ETX as I have proved the point I set out to.
I am too involved with other aspects of my trading.
Good luck to all who continue.
P.s Traded cable as it I think this pair is best for T.A
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These are the statements of a debator!
Do I trade?
Masquerade,
When you post an account like I did, earlier on please feel well within your rights to berate and argue with us
I always try to be polite and decent and explain to anyone who questions me.
Your questons from the begining have been cynical , pontificating and rude
I do not belive you are a trader and hence see no point in debating or answering you.
In short I do not like you and will not enter into any furher discussion with you.
You are welcome to have the last word on this subject
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These are the statements of a debator!
Do I trade?
Masquerade,
When you post an account like I did, earlier on please feel well within your rights to berate and argue with us
I always try to be polite and decent and explain to anyone who questions me.
Your questons from the begining have been cynical , pontificating and rude
I do not belive you are a trader and hence see no point in debating or answering you.
In short I do not like you and will not enter into any furher discussion with you.
You are welcome to have the last word on this subject
you have to see that you're also somewhat fortunate to have not blown up your account in the early stages too.
What conclusions did you come to ?
Am I the only person giving money back when the platform start acting up.
Am I the only person giving money back when the platform start acting up.
Whats causing the lag? It happens almost every day.