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$1,391.7 gold futures

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shakespeare

2,124 Posts.

45

22/06/17

22:30

Post #: 25441797
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Originally posted by AverageJoe ↑

The minute you risk money you will meet loses along the journey. I wouldn't equate profitable with right though. I can be profitable yet wrong because my trade management helps me. I will equate correct with final target taken by the market.

In the past j would just craft a set of rules by looking at the swing points and assume I buy low and sell high. In hindsight this is so easy because I can already see the results. Forward testing/trading is not so easy because future always remains the unknown. Just when I think I know how price will behave, it has a knack to keep disappoint me. These days I take it as it is offered to me if not then I at least aim for partial success or else I lose money and move on to the next opportunity. I don't blame market manipulators or inability to see future. It is what it is. Win some lose some but hoping it remains profitable. That is it. No need to make it complicated and spent hours analyzing what and where I did wrong. Each trade is a unique event in time so I don't buy this history replicate itself like all the market crash indulgences continue to reminds us GFC 2 is just around the corner.

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yes AJ
each develops his own technique that will suit their personality/character,
that will develop and mould to each opportunity.
ŕight'- profitable, i consodered embellishing -semantics i think u know what i mean
1 Upvote

0 Great analysis

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