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Old 10-01-2005, 02:56   #25
elmagd2000
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El Cid, thanks for clarification. IMHO, I think psychological edge is # 1. Some researchers says it is about 70-80% of the game. many technical systems can work if there are patience and consistency on the other hands, how many times we lost pips in a perfect trade because of greedy instinct or closed a losing position and turned to winner because of fear.
Regards, Hani
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As we sail through life . . .
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Old 10-01-2005, 02:56   #26
imgunn
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Quote:
Originally posted by el cid

A very famous market wizard said " I hang the chart on the wall 10 feet away ....and if it shows a trend I am in".

El Cid [/b]

Please post your strategy over at Ed's site so we can read what he thinks about it
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Old 10-01-2005, 07:33   #27
el cid
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Imgunn

My search for the Holy Grail is over .

My brother once said " A KING DOES NOT KNEEL TO OTHER PEOPLE"

It's not what what Ed thinks of my system ....but what I think of his methods compared to mine.

I would always settle for mine....beacause it is something I am cofortable with..and my methods are far superior.

I ain't paying for any training educators at Eds...to learn turtles methods ............that only work 30/50% of the time out of 20 % of the trending time.80 % of the time when the market is choppy ...they lose the profit from the 20% of the trending market.

Ed used to trade in the sixties....when trends used to be longer..........and nowadays they are much shorter....................They are even much shorter in currencies compared to other markets.

I wouldn't give two cents for Ed's methods in today's markets.I think ther are crap!When the trends are that long.....Even blind monkeys following the trend can make money.


My systems work in all sorts of markets!Trending....non trending...........


Why would I want to pay some monkeys ,for trading education, and to test my system?

El Cid

Last edited by el cid : 10-01-2005 at 09:15.
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Old 10-01-2005, 12:41   #28
joebarry
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I agree

Quote:
Originally posted by elmagd2000
El Cid, thanks for clarification. IMHO, I think psychological edge is # 1. Some researchers says it is about 70-80% of the game. many technical systems can work if there are patience and consistency on the other hands, how many times we lost pips in a perfect trade because of greedy instinct or closed a losing position and turned to winner because of fear.
Regards, Hani
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