Nomoretoxics Money Management -
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thread: Nomoretoxics Money Management

  1. #31
    You are missing the fundamental points:

    1 - A unprofitable system will shed - period.
    Just using it twice a day can give a false sense of security.

    Two - A profitable system is a good thing, why would you stop after two trades?
    Again, would you want 107 percent of $200 or $200,000?

    Until those two can be addressed, I stand by my article and my opinion of this being a dumb premise to prevent after two trades - makes no sense.

  2. #32
    You are missing the fundamental points:

    1 - A unprofitable system will lose - period.
    Only using it two times a day can give a false sense of security.



    Two - A profitable system is a fantastic thing, why would you cease after two trades?
    Again, would you need 107 percent of $200 or $200,000?

    Until those 2 can be dealt with, I stand by my post and my sentiment of it turned into a stupid assumption to stop following two trades - makes no sense.
    Dear sir/Madam

    I didn't open this thread to teach individuals the basics of trading.

    Again, there's a rookie session within this forum that you might find it useful.

    Thanks.

  3. #33
    I am sorry people but I am not in a position to fight people with issues. I am here to help. I do not even have to post here no more, I am happy and profitable...for several years.

    Thank you all for the time spent. Sorry to cut it short.

    I really whish you all luck in gambling.

    Cheers.

  4. #34
    You're missing the fundamental points:

    1 - An unprofitable system will lose - period.
    Just using it twice a day can give a false sense of security.

    2 - A profitable system is a good thing, why do you stop after two trades?
    Again, do you want 107% of $200 or $200,000?

    Until those 2 could be dealt with, I stand by my article and my opinion of it being a dumb assumption to stop after two trades makes no sense.
    I decided to answer this even though it is just becoming useless with no benefit whatsoever to people interested in getting help.


    1 - An unprofitable system will lose - period.
    Just using it twice a day can give a false sense of security.

    We're not referring to a system here, we are talking about money management and the way to keep your head above the water. There's no feeling of security involved subject.

    You're so-called sense of security is something traders acquire overtime. This isn't a”plug and play” stuff. As a matter of fact, nothing is ”plug and play” on trading.


    2 - A profitable system is a fantastic thing, why do you stop after two trades?
    Again, do you want 107% of $200 or $200,000?

    You aren't taking in consideration how market behavior will have an effect on your trades at any given stage in the future. Therefore isn't exactly what the market is going to do, but the way you manage your own capital. Systems/egies etc, are only guidelines. It's only a part of the equation.

    That is about funding management, not gambling.

    It's also wise to think about this 107% of 200 or $200,000. It's a perfect example on how greediness can take over an account very quickly. Now, together with your”gambler words” you're stating those characters with no bankroll-base in consideration. A major mistake. I promise you, when you believe that way, I could foretell with certainty your broker will get richer (if you're in fact a trader, that I really doubt) and their banks will get fatter.

    Stopping after two trades is an issue of discipline and understanding on the markets.
    Again, I still do not have to go deep under that, since I assume you're NOT a trader. At least you must go through basic theories which obviously you're not taking in consideration. I believe I posted on”Trading Discussion” section, not in Rookie Section”

    Right??


    If you're trying to have satisfaction seeking to outsmart different people, I am so sorry but I am not your own candidate. Anyhow, you have to do better than that.

    I'm sorry to find this thread closed but I'm not going to make it a living room for senseless discussion.

    I'm still available on PM for all of you curious on a fair discussion.

    Cheers.

  5. #35
    Junior Member lauura910's Avatar
    3
    I find this one useful. Based on ADR(13).
    ChowClown,

    Yes it's useful. Thanks. What does time the enter Open time means. The default value is 7. If it not be 00:00 GMT? So if I change to 0?

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