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If 90% of traders fail, why not just do the opposite?


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View Poll Results: Would trading the exact opposite turn the 90% traders who lose into winners?
Yes! They'd be rich! 23 16.43%
Yes! They'd be rich!
23 16.43%
No! Trade management defines success. 117 83.57%
No! Trade management defines success.
117 83.57%
Voters: 140. You may not vote on this poll

 
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If 90% of traders fail, why not just do the opposite?

  #41 (permalink)
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
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algorithmic View Post
if even you do the opposite you will be among those 90% . because market is in range bound at least in 80 % of time

Could it be the trader, not the market, that is the problem?

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #42 (permalink)
algorithmic
 
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deaddog View Post
Could it be the trader, not the market, that is the problem?

of course ,as u said,the problem is the trader ,market is based on psychologies of a big group of traders.like any other business ,for example ,only a few percentage among thousands of singers can be a super star like Micheal Jackson .the same scenario applies to all aspect of life .... it needs at least 4-5 years of time dedication ..most of people want free money...

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  #43 (permalink)
 
deaddog's Avatar
 deaddog 
Prince George BC Canada
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Platform: National Bank Direct
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algorithmic View Post
..most of people want free money...

And don't want to do any work to get it.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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  #44 (permalink)
Redland
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You can follow 3, 5, 10 indicators and by the time the "stars Aline" the trade is over. What is "money management? 10 tick stop loss and hope for 5 ticks? What a bunch of crap! If indicators really worked for day trading it would be, a least, the opposite. 5 tick stop loss, 10 tick profit. Money management? What a joke. A trade is a trade! You are either going in the right direction or your not. There is no indicator that will tell you that. Otherwise there wouldn't even be a forum on this site for "new indicators". Saps! That's what we are. You have a better chance of making money on "red or black" on a roulette wheel ( close to 50/50). So tired of hearing about "money management". What exactly is your "money management" and what indicator are you using this week?

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Last Updated on April 19, 2017


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