Feeler Trader

Siddharth

Private, 1st Class
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This article is an outcome of bored frustrated and disgruntled trader.

Regards
 

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This article is an outcome of bored frustrated and disgruntled trader.

Regards

Did you have a mostly winning experience in your demo account days?

I feel you.

Probabilities
Lets say i have a coin.
We play against each other.
Heads i win,tails you win.
I will toss it 100 times.
Our chances are equal at 50%.
Is there a way for you to know which tosses are going to be the losing ones ?
No,you just have an indication of what your average gain is going to be from this set of 100 tosses.

Stop Loss - Take Profit
Same coin, same tosses , 50/50.
BUT .
If i win i get 30 <-Losser left running
if you win you get 7 <-winner cut short

Technical Analysis,Fundamental Analysis ,Indicators (Your , or , a strategy)
Same coin,same tosses, but you now rigged the coin to be 70/30 in your favor.
You still dont know which tosses are going to be the lossers.
You still cant afford to cut your winners short , and let your losers run.

For More Info Watch Mark Douglas Material.

[video=youtube;GhKJ9P3agRc][/video]
 
Last edited by a moderator:
Thanks for the technical advice and showing me probability theorem. But nothing can move me away from my path and to continued as a feeler trader.




Did you have a mostly winning experience in your demo account days?

I feel you.

Probabilities
Lets say i have a coin.
We play against each other.
Heads i win,tails you win.
I will toss it 100 times.
Our chances are equal at 50%.
Is there a way for you to know which tosses are going to be the losing ones ?
No,you just have an indication of what your average gain is going to be from this set of 100 tosses.

Stop Loss - Take Profit
Same coin, same tosses , 50/50.
BUT .
If i win i get 30 <-Losser left running
if you win you get 7 <-winner cut short

Technical Analysis,Fundamental Analysis ,Indicators (Your , or , a strategy)
Same coin,same tosses, but you now rigged the coin to be 70/30 in your favor.
You still dont know which tosses are going to be the lossers.
You still cant afford to cut your winners short , and let your losers run.

For More Info Watch Mark Douglas Material.

[video=youtube;GhKJ9P3agRc][/video]
 
Last edited by a moderator:
Thanks for the technical advice and showing me probability theorem. But nothing can move me away from my path and to continued as a feeler trader.

No problem.
Dont feel bad its normal.
Just accept that its only a hobby and move on with your life.
Trade small amounts.
Keep your day job.
 
I have tried anti dandruff and Hydrogen Peroxide but the label said " For External use Only" :rolleyes:

That's just because they want to charge you tons of money for pills that contain exactly the same thing.

Go ahead and drink a big glass of anti-dandruff shampoo mixed with hydrogen peroxide 3 times a day and I'm sure you'll feel better about trading in a few days. ;)
 
Aye Aye Captain ,

I am blessed now. Thanks for enlightening my trade career.


That's just because they want to charge you tons of money for pills that contain exactly the same thing.

Go ahead and drink a big glass of anti-dandruff shampoo mixed with hydrogen peroxide 3 times a day and I'm sure you'll feel better about trading in a few days. ;)
 
That's just because they want to charge you tons of money for pills that contain exactly the same thing.

Go ahead and drink a big glass of anti-dandruff shampoo mixed with hydrogen peroxide 3 times a day and I'm sure you'll feel better about trading in a few days. ;)

This Is True ???
If Yes Maybe I Can Try It ...
 
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