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Old 04-17-2011, 10:25 PM   #9

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Re: Elliminate a Handful of Bad Trades

Quote:
Originally Posted by SIUYA »
Tradewinds - please take this in the right manner.
you seem to be wanting easy or very precise answers to everything......
Yes, I want precise answers. You are right. I am looking for a good understanding of the market I'm interested in. Do I want it to be easy? Of course I do. Why wouldn't I want that? I know it isn't easy, and I don't expect it to be easy.

Quote:
Originally Posted by SIUYA »
the only person who will work out what works for you is you, and with the number of posts all around the place you are jumping around everywhere.
I don't understand what you are trying to say. I'm making to many posts? I only post to threads that interest me. I probably should be spending my time doing other things. Do you want me to make fewer posts? I agree that the only person who will work this out is me. So we agree on that.

Quote:
Originally Posted by SIUYA »
If you you dont know whats wrong with trying to pick tops and bottoms, and what the other option is then you are not thinking about it.
No-one is critising your strategy/ideas and most people realise that there are plenty of ways to skin a cat, and what works for you may not work for others.....but there are certain truisms I think that over many many years and many different types of traders ....and one of those is bottom pickers get smelly fingers.(similarly for tops), and the trend is your friend.
I think I know what you are saying. A problem that I have, is that I'm constantly trying to fight the trend. So if that is what you sensed, then you are right.

Quote:
Originally Posted by SIUYA »
I and others who (may or may not actually be able to trade, or may or may not make money) offer ideas and possible solutions to make you think.......they are not designed necessarily to give you an answer to questions that are subjective and open to different interpretations by different people......you have to tailor it to yourself.
I'm offering my thoughts and opinions to make you and others think. What's your point? That's what happens in a forum. It's a free internet. I post what I want where I want, and as long as I'm within the rules, then I can do and write whatever I want. I do take information from different sources and tailor it to myself. I already know that.


Quote:
Originally Posted by SIUYA »
If you are wanting to have evidence of someones prowess in trading then I thinking you will be whistling dixie
Your right again. We find ourselves in agreement yet again. We agree on a lot of things.

Quote:
Originally Posted by SIUYA »
You even mention that once if you become profitable you may have better things to do......and if you dont become profitable then what?
Then I evaluate my situation and try to figure out what I'm doing wrong. Then make a decision about how to trade, or not to trade, or go get a real job.

Quote:
Originally Posted by SIUYA »
you write - Give pros and cons about methods of entry and exit. This is what I am looking for.
This information is already available in plenty of places.....but what you see as a pro or con is not what others do.
If it's available in plenty of places, and it is a resource that backs up your statement, then just provide a reference.

Quote:
Originally Posted by SIUYA »
are you are scalper, are you swing trading, trend following, a fader etc; etc;?? It seems you dont have a strategy yet, you are only sim trading and flicking from idea to idea.....
I do have a strategy, but what does that have to do with the subject of picking tops and bottoms? I'm not flicking from idea to idea. How did you come up with that thought? I have refined my strategy to very specific inputs and rules over the last couple of years.

Quote:
Originally Posted by SIUYA »
your statement of I dont want to limit good potential implies this to me. there is nothing wrong with searching for ideas and opinions, but unless you form your own and are able to take advice when offered then ....
So it seems like you are saying that I'm not able to take advice? Do you think I'm not able to take advice because I reply to your posts? What makes you think I'm not able to take advice? I reply to your posts, and I give you my opinion and try to back it up with some rational thought. Do you want me to stop replying to your posts?

Quote:
Originally Posted by SIUYA »
I do have a lot of trading experience and offer this advice for nix on a free and open internet - this is either priceless or worthless. I have only worked for a company and not for myself a total of 7 of the first years out of twenty - all of it trading and the markets....Get what you want out of it. This also applies to everyone who posts on the net - thats what makes it so good..
I appreciate what you are saying, and again I agree with what you are saying. Keep on offering your advice. All I ask, is that you don't mind if I reply with my thoughts and opinions.

Quote:
Originally Posted by SIUYA »
take this the right way - it may seem harsh or critical....but if you cant take this then good luck to you.
it is meant to help. ....
That's fine. I agree with what you are saying. All I ask is that you live by the same standard. If it's okay for you to write, "if you can't take this then good luck to you", . . . is it okay for me to write in the same manner to you? Can you take it? Do you mind if I wish you a "Good Luck?", and state that I'm just trying to help you.

Quote:
Originally Posted by SIUYA »
you started the thread saying you wanted to eliminate a few bad trades, by cutting your losses, and then quickly jumped to new taking profit rules, I offered a simple question to you that seemed to get a response that has prompted this from me in reply......do you know what you want?
What if i don't know what I want? What's your point? Do you know what your point is? Is it not okay, if I don't know what I want? How often do people know exactly what they want? What do you want out of this interaction? Are you saying that it's bad if I don't know what I want? What is the point of asking me if I know what I want?

Quote:
Originally Posted by SIUYA »
(I may regret sending this but life is full of them)
Don't worry about it SIUYA. Keep giving me all the advice you want. It's a free internet. I can choose to reply or not reply, or how I reply. It's my choice. You do whatever you want, and I'll do whatever I want. Deal?
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