Trading for profit ( to buy a boat)

Discussion in 'All Things Boats & Boating' started by Frosty, Dec 16, 2012.

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  1. WestVanHan
    Joined: Aug 2009
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    WestVanHan Not a Senior Member

    You should never second got 100%.If you want to keep friends-don't trade with them.

    If you had not recommended to sell,and it dropped to 50%..he'd be kicking you all day because he lost $$$$- so either way you get hell about it.

    Stage your trade-if the price goes in your favour,sell some in order to break even.
    Then let the rest ride out to key fibo, SR levels.
  2. ImaginaryNumber
    Joined: May 2009
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    ImaginaryNumber Imaginary Member

    I've heard that for psychological reasons many folks recommend that you stage-in and stage-out, but that financially you really should go all-in and all-out. And that's because you're either right or your wrong: if you're right, you want to catch the full ride with your whole grubstake; and if you're wrong, you want to cut your losses as soon as possible. Of course, if you're just guessing, you will want to delay the inevitable bankruptcy as long as possible. :rolleyes:
  3. WestVanHan
    Joined: Aug 2009
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    Location: Vancouver

    WestVanHan Not a Senior Member

    :eek:...anyone wanting to go bankrupt,follow the advice above.

    The trades I posted:
    -27 winning trades of which 13 were staged. Ergo,I made almost twice as much by doing so.
    -6 losing trades and -guess what-of course NONE were staged.

    I've hedged trades as well.
    If I had chosen one wrong,and tried to "catch the full ride with (my) whole grubstake" I'd have lost money on the day.

    I'm bored and done with this...go ahead and trade IN,post your results.
    When you lose,I'll say "I told you so" and if you manage to get lucky and win I'll say " it's all photoshopped,merely a biased selection made from an exceptionally lucky few minutes of trading"

    I'm going to hang out on the boat the rest of the day...
    Good luck Frosty.

  4. bntii
    Joined: Jun 2006
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    bntii Senior Member

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