2009.09.10 DRAIN THE BANKS - LIKE A RAT

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gangsta1
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Postby gangsta1 » Tue Feb 09, 2010 2:20 pm

TheRumpledOne wrote:When will traders learn?

USE LIMIT ORDERS.


How do you even get a chance to place a limit order when price is moving fast?

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roger_over
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Postby roger_over » Tue Feb 09, 2010 2:27 pm

gangsta1 wrote:Yes I agree we could reach our daily targets on that one signal, its just a matter of being able to suffer the losses prior to that. Some may say the losses would be avoided by cutting trades short but if that is the policy adopted then there is a VERY high chance of the winner being cut short dont you agree?

P.S. What broker is everyone using? I am moving funds from Alpari to MBT, inevitable really.

I am using MBT navigator, be sure to add TRO as the IB if you sign up. Also we have to remember we do have an statistical edge with the RAT and like TRO has stated we have to adjust our brains to loosing as well. Just keep playing the edge and you will come out a winner in the long run, Good Trading!!
Genius is more often found in a cracked pot than in a whole one.
E. B. White

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roger_over
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Postby roger_over » Tue Feb 09, 2010 2:31 pm

gangsta1 wrote:
TheRumpledOne wrote:When will traders learn?

USE LIMIT ORDERS.


How do you even get a chance to place a limit order when price is moving fast?


The RAT plot tells you the limit price to enter so you should have time it takes 10 minutes for the bars to line up right?
Genius is more often found in a cracked pot than in a whole one.

E. B. White

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roger_over
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Postby roger_over » Tue Feb 09, 2010 2:31 pm

gangsta1 wrote:
TheRumpledOne wrote:When will traders learn?

USE LIMIT ORDERS.


How do you even get a chance to place a limit order when price is moving fast?


The RAT plot tells you the limit price to enter so you should have time it takes 10 minutes for the bars to line up on a M5 chart
right?
Genius is more often found in a cracked pot than in a whole one.

E. B. White

gangsta1
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Postby gangsta1 » Tue Feb 09, 2010 2:32 pm

I have an account with MBT and TRO is my inside broker which is a thank you for all his efforts.

I still prefer rev8 of DTB. I am surprised so many people are using rev9 as rev8 seemed to be doing so well.

Yes I am with you, as long as the winners outweigh the losers and we can afford the loss then both systems are superb.

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TheRumpledOne
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Postby TheRumpledOne » Tue Feb 09, 2010 2:42 pm

Image

ENCORE PERFORMANCE.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

gangsta1
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Postby gangsta1 » Tue Feb 09, 2010 2:46 pm

roger_over wrote:
gangsta1 wrote:
TheRumpledOne wrote:When will traders learn?

USE LIMIT ORDERS.


How do you even get a chance to place a limit order when price is moving fast?


The RAT plot tells you the limit price to enter so you should have time it takes 10 minutes for the bars to line up on a M5 chart
right?


Yes my fault, I was refering to rev8 which is the wrong thing to do in this thread, sorry.

gangsta1
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Postby gangsta1 » Tue Feb 09, 2010 2:58 pm

Stopped out fair few times before catching a runner.


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roger_over
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Postby roger_over » Tue Feb 09, 2010 2:58 pm

Nice one Avery, I got 6 on that one myself
Genius is more often found in a cracked pot than in a whole one.

E. B. White

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roger_over
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Postby roger_over » Tue Feb 09, 2010 3:02 pm

gangsta1 wrote:Stopped out fair few times before catching a runner.



Some times it likes to bounce on the bottom before taking off, and sometimes it doesn't , such is trading heh? feels good to get in on a longer one though.
Genius is more often found in a cracked pot than in a whole one.

E. B. White

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