Luck wasn't the topic...the question was, "Would it be gambling to bet on it"? And I say...no...hehe
...to trade? lol
I guess it's just our definition of "Gamble" that differs. Just to take an extreme example, If I was sitting at a card table and I had the...
Trying to learn?
I realize that is the question. I was just responding to ElCubanos post that it's all gambling...period. I don't agree...
Isn't that kind of high for a favorite? I've never bet on horses, but I always thought the favorite paid a lot less. You know, something like...
Depends on the odds...if the odds are against you, you're gambling. If the odds are in your favor, you're speculating. This is how Vic puts...
I don't gamble...I speculate.
I posted this a few days ago...not sure if you caught it or not. I think it's an excellent analogy... Why most traders fail?
That's just the way I was taught to trade them. I was tutored by Mr. George Lane about 12 years ago. Some consider him to be the authority on...
Sounds good...enjoyed today. Here's a couple of quotes from one of my favorite traders. "Anyone who enters the financial markets expecting...
Shoot, just missed another one...hehe But, the important thing is to get at least at 2-1 ratio on your trades, but I would say a 3-1. But, I...
I don't know dude. Could be...but I don't really get into all that. I'd just look for Dbl bottoms and Dbl tops on the charts and trade them.
Yea, I was watching it, but I like my Dbl bottoms to make a lower low. Just missed it by a tick.
No problem...if I get another setup today, we'll try another one.
You might be thinking of someone else...I never said to fade a 30 minute BO. We were talking about just fading BO's on a 133 Tick chart on...
You're trades are fine...actually I'm impressed. But, your money management is wrong. You're probably going to be right about 50% of the time(if...
Even if you make it this time...risking 2 to make 2 isn't going to make it over the long run, chief.
Scratched it...
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