Quote:
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Originally Posted by Zoran
When someone runs up a large deficit of pips then it is only natural that some criticism is due. Trading is not a game for the faint hearted.
These people are now trading defensively so they have the follow options
1. Make matters worse
2. Attempt to recover some of their losses
The way things are going, it seems option 1 is the likely outcome.
Z
PS. Hoene003 from memory was an Iris supporter!
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If ya is going to be in the lime light, ya better have some tuff skin.
Iris has been around here for a long time, and I imagine that he’ll be here a long time after, this isn’t the first major draw down period that he has gone through. So if a bashing on these threads is the worst someone has to endure, well “sticks and stones.” And it should re-enfore to everyone about who’s is ultimately responsible for one’s trades, the one who stares back at you in the mirror.
Iris’ style works for Iris, I would have to agree on the fact that trade management and the placement of stops and are not given enough attention for my taste. Some trades have been posted for stops of no gain and such when the thread has no updates showing those levels. I have made this known in the past, but I do not dispute the veracity of the calls, only that they should have been posted.
But I will agree with Iris that those that are willing to publicly denounce his trading style will not post their own. If you are going to tell me I’m wrong, please show me what’s right. If it’s my trade management, show me the right way to trade it, stop level wrong? Where should I put it? If my call is wrong, what should it be?
There’s only the negative, and nothing to learn from it.
fwiw,
bear