[Gabe2004]

Originally Posted by Cory2679 »

Talking about similiar/identical situations makes me think of the Paul Tudor Jones movie, "Trader," and the correlation between the 1980's charts and the 1920's charts...over 90% correlation. Crazy.

I've been lucky enough to meet PTJ via video conference, by the way!

Send me an autograph.
I am looking for that video now

Gabe

[Gabe2004]

Originally Posted by Gabe2004 »

This is how the short setup would have looked like.

Gabe

I don't know if this is a mis-print but had i been in this trade I would have moved my stop.

Gabe

[MidKnight]

Originally Posted by thalestrader »

It was just a matter of time before folks started to get in gear with the plus side of the equity curve.

Or the people on the minus side are not posting....

[Gabe2004]

Originally Posted by Gabe2004 »

I don't know if this is a mis-print but had i been in this trade I would have moved my stop.

Gabe

Stopped out.
Would have made 2x16 pips had this been a real trade.

Gabe

[Gabe2004]

Originally Posted by MidKnight »

Or the people on the minus side are not posting....

You are probably right.
Why don't you come back and give it a try for another 2-3 weeks.
Thales said in two of his posts to me that I am really close only to lose 1/3 of my account.
I am sure I am close and these are just minor setbacks.
We have a great family here (and just like in any family we have disagreements and friction) but I'd rather be in my family which I know and most of the time I feel good there, than somewhere else alone.

Gabe

[MidKnight]

Originally Posted by thalestrader »

Here is how we managed our missed entry. As I said, we bought at market and the fill was 1.65429. We then added twice as price moved in our favor. We now have three positions with an average buy of 1.65494, with a stop on each at 1.6560. We have PT1 limits on the two "first-in" positions at 1.6590, with a limit on the third position at 1.6645.

Best Wishes,

Thales

I'd be curious to know how you were adjusting your stop loss after each add. Actually, now that I re-read your post about entering at 1.65429, it doesn't mention where your stop loss was. Could you expand on how you initially placed your stop when the market is running away from you and how you altered that stop on each successive add? Thanks.

With kind regards,
MK

[thalestrader]

Originally Posted by Cory2679 »

For example, if one of those trades that Thales posted as "trying to get a loser" was a loser, you might say "Oh, that was a loser BECAUSE OF such and such on that chart, and I won't take a trade like that.", when really it may have been just fine to get into.

Just to be clear, I am not going to post a flawed opportunity in order to post a losing trade.

Losing trades are inevitable.

I have posted losing efforts here in this thread, and I will continue to do so.

Today I posted two opportunities. I thought the GU was a good long opportunity (if triggered), and I thought the EJ short that I posted was a good short opportunity (if triggered). The GU long triggered, and the EJ short did not. And the trade that triggered turned out to be a winning effort. I posted each opportunity prior to the entry being triggered.

I am not "cherry picking" after the fact trades to post here. Except for when I post an historical trade to make a point, I do not post opportunities unless I can do so prior to entry triggering, or soon thereafter in terms of both time and price. This thread is about reading price in real time. I cannot predict which opportunities will not trigger and which will trigger, and of those that do trigger, I cannot predict before hand which will result in a loss, which in a win, and which will be break even efforts.

So, when I say I'm trying to get a losing trade for Don, I mean to convey the notion that all a losing trade is to me is an opportunity that did not move in my favor, and it will happen eventually, and soon no doubt, so long as I keep taking my swings.

Best Wishes,

Thales

[Don4]

Originally Posted by thalestrader »

Stopped at 1.6449 so +26.1 and +25 = +25.5 more or less. Not a bad afternoon.
My only disappointment is that I was hoping for a losing trade per Don's request as I am very curious to find out why he requested, specifically, a losing trade.

Best Wishes,
Thales

I hope all your trades are winners.


Don