True, I need to get better with trading and do that more than gambling. I think it hard to read the markets though and knowing when to get in or out at the right times.
I bet some of you had a cracker with that 2-1 today.
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Wow over nine years since the original post!wearthefoxhat wrote: ↑Sat Dec 07, 2019 8:18 pmWell, we're still here!
And I'm still running compare/contrast strategies between accounts.
If the original tests were run on todays markets i wouldnt be surprised to see similar results
One thing I have changed since those days is that I dont green up anymore. In my experience, this gave me better results (even greening at reverse is out)
Maybe Ill post on this again in another 10 years (December 2029) , I wonder how many of us will be around then!
Well, because this post was bumped I'll chime in. Now that I feel I've got some kind of trading sense, "cutting your losses" to me means that I've made the wrong decision and the true value is now being reflected in the market price in opposition to what I thought the value was. It doesn't necessarily mean the price has gone against me after taking a position. The price often goes against me after taking a position, because the market is on the wrong side of the true value. So I hold my nerve and wait for a correction. But if I really have go it wrong, some signs will show and I will close out.