Dear Bernadette

[tim_nn]

Originally posted by jtb790
What's the "advantage" of trading having all wins and no losses?LMAO

That was not my question. My question was what's the advantage of having the same winning trade 25 times over at the same time rather than having 1 winning trade which is 25 times the size? The reason I'm confused is that you said at first that you were referring to 25 CONSECUTIVE trades. It appears, however, that these were 25 SIMULTANEOUS trades, all closed at exactly the same time. So I think you can understand why people might wonder what the advantage is of trading that way, no? Clearly I've managed to miss the point: I appreciate that and I apologise for it, and for taking up your time, but I'd be really grateful (and I think perhaps others would too) if you'd be kind enough to explain it to those of us less familiar with this technique.

[jtb790]

Originally posted by tim_nn
That was not my question. My question was what's the advantage of having the same winning trade 25 times over at the same time rather than having 1 winning trade which is 25 times the size? The reason I'm confused is that you said at first that you were referring to 25 CONSECUTIVE trades. It appears, however, that these were 25 SIMULTANEOUS trades, all closed at exactly the same time. So I think you can understand why people might wonder what the advantage is of trading that way, no? Clearly I've managed to miss the point: I appreciate that and I apologise for it, and for taking up your time, but I'd be really grateful (and I think perhaps others would too) if you'd be kind enough to explain it to those of us less familiar with this technique.

I opened 25 positions at different and various prices. I closed the whole trade (250K unit build-up) at once.

It's pretty simple. As for others being "grateful" for any of my explanations... lmao... I think not.

I've been called a loser and a gambler. But those words do not denote a trader who can successfully open and close 47 EUR/USD short trades straight in a row all winners no losers now does it.



I think little explanation is needed to understand why having 100s and 100s of winning trades with no losers is an advantage to trading, though some here think that having that many wins is "bad trading."

Have them explain that.

[Truville]

Originally posted by jtb790
[b]As I said, I am going to leave replying to you undone because the bottom line is you cannot make 38 winning trades in a row on a demo, on a live account, on anywhere with anything, no matter how you try to justify it or claim how much money you have to burn.

You are right. I cannot make 38 trades a row. Since you can, why aren’t you? Why are you sitting on 1400+ pips loss if you can do this amazing feat? For myself, I don’t so much have a high win ratio as I do consistently make money. I get paid by the pips I make, not how right I am.

The proof is in the pudding and you have none. All you can do is make unsubstantiated boasts and make up things about me that are not true.

True or false: You are down over 1400 pips, and have no intention of closing until either a miracle happens and it turns around, or you get hit with a margin call.

"Many wins?" 38 to be exact. All in a row. No losses. It's called scalping. Scalping is "not good trading??" Besides myself there are others who would dissagree with you. Just because you can't scalp sucessfully doesn't mean it is not good trading.

You are obviously a very good scalper. What are you doing with a demo account? Why not put those scalping skills to use to offset that massive loss you incurred when you shorted the Euro at 2100?

"As far as my live EUR/USD trade goes, I've attempted to position myself to get 1000 points profit before I click close trade. That's not quite "getting out with my skin." Will I do it? Stay tuned.

Attempted to position yourself? How? You shorted when the market was rising, is continuing to rise, and you simply are holding on, praying it turns around in your favor. How is this an example of positioning? “Positioning” implies some sort of active pursuit on your part. All you did was short when you shouldn’t have, and not closed when you shouldn’t have. Inaction isn’t “positioning”. Watching your account dwindle to nothing as you make 3 dollars on a demo trade is not “positioning”.

Again you're being requested to stop flaming this thread.

I’m not flaming. I’m disagreeing. Of course, it’s just another excuse from you. “the market is rising due to bad speculation. “There is no reason for the market to continue.” “You are just flaming my thread.” Etc, etc.

[MickMason]

Originally posted by jtb790


The proof is in the pudding

"Many wins?" 38 to be exact. All in a row. No losses.

lol, 'in the pudding' is it, is that the 'pie in the sky' pudding?

38 wins all in a row with no losses means absolutely nothing, it's the size of wins compared to the size of losses that decide the bottom line and whether you'll be profitable overall. You've got 38 wins for a few pips each (on demo) and one loss of 1400 pips (live), do the math!

Another no-hoper on the way to bankruptcy because he doesn't have a clue what he's doing, pitiful. Perhaps you need to keep your trading methods and advice to yourself instead of offering your friendly help to others, with friends like you, who needs enemies!

Mick

[jtb790]

Originally posted by MickMason


lol, 'in the pudding' is it, is that the 'pie in the sky' pudding?

38 wins all in a row with no losses means absolutely nothing, it's the size of wins compared to the size of losses that decide the bottom line and whether you'll be profitable overall. You've got 38 wins for a few pips each (on demo) and one loss of 1400 pips (live), do the math!

Another no-hoper on the way to bankruptcy because he doesn't have a clue what he's doing, pitiful. Perhaps you need to keep your trading methods and advice to yourself instead of offering your friendly help to others, with friends like you, who needs enemies!

Mick

Fine. I'm not wasting my time replying to you guys anymore.

I'll just finish up my posting of the trading platform snapshots until I reach 100 out of 100 trades all wins and no losses then wrap the thread up.

It'll be up to the readers to make the final decisions/interpretations.

One thing is for sure: No one has EVER won 100 straight trades out of 100 trades on EUR/USD with no losses and posted it openly for all to see in real time on a demo, on a live account, or on anything.

[MickMason]

Originally posted by jtb790


100 straight trades out of 100 trades on EUR/USD with no losses and posted it openly for all to see in real time on a demo, on a live account, or on anything.

lol, you're absolutely right, no-one has ever posted before about how they're short Eur/Usd from 1.21 on a live account and down more than 1400 pips, and up 100 trades for 3 pips per trade on a demo account! Even if you make 1000 winning trades it isn't going to help your accruing losses, it's not real money! Even if it was real money it still wouldn't help, 100 trades at 3 pips is 300 pips, compared to 1400 pips in losses.....you're joking, right?


Mick

[jtb790]

16 more trades added - all wins no losses.

bringing the total now to 63 straight wins in a row - EUR/USD shorts.

seen in the following 3 snapshots.

[jtb790]

snapshot of Activity Log.