Cyprus-Forum.com

[Maximus]

success rate is only one metric.

It must be considerred alongside how much you make when you are successful to how much you lose when trades do not work out.

As I have highlighted before. Its no good being right twice out of three if you make 1% when you are right and lose 10% when that one trade doesn't work out.

What is better is making more when the trades do work out and losing a lot less when they dont.

No one can be right 100% of the time trading or investing. it is impossible!

If you do not know how to manage or are unwilling to cut losses mercilessly, you will bleed yourself dry in this business. Possibly undoing many months or even years of work hoping that a bad trade will come good.

I have learnt this the hard way.

it is better to accept your loss early to protect your capital and have it free for the next opportunity.

Unrealized losses are still losses. Once your margin for error has been reached. cut and run.

[Maximus]

This is a great thread by the way.

Lots of views, lots of replies and it has only been one month.

Well done Milti for starting it.

[miltiades]

success rate is only one metric.

It must be considerred alongside how much you make when you are successful to how much you lose when trades do not work out.

As I have highlighted before. Its no good being right twice out of three if you make 1% when you are right and lose 10% when that one trade doesn't work out.

What is better is making more when the trades do work out and losing a lot less when they dont.

No one can be right 100% of the time trading or investing. it is impossible!

If you do not know how to manage or are unwilling to cut losses mercilessly, you will bleed yourself dry in this business. Possibly undoing many months or even years of work hoping that a bad trade will come good.

I have learnt this the hard way.

it is better to accept your loss early to protect your capital and have it free for the next opportunity.

Unrealized losses are still losses. Once your margin for error has been reached. cut and run.

I see Tomtom is up today. Did consider investing a little more but must first sit tight on Ripple and Galapagos.
Unless you trade on a daily basis you can not possibly comprehend the markets.
I see next week as a good week.

[Maximus]

Galapagos the US pharma company?

That might be a good one. I have had a quick look just now and it is at a critical level and the long term trend is up..

if the price falls to 95.50 though, it has the potential to become a blood bath. A good one either way, depending on what side you are on!

It has not usually, in its history (from what I can see) tested a price area more than twice before taking off in the opposite (upward) direction. But the 96.50 price area is being tested and its on its third approach now.

I would be watching this one like a hawk Milti.

[miltiades]

Galapagos is a Belgian based Biotech company. On the throws of launching new medical products that could earn the company billions. Not least their rheumatism and arthritis medical breakthrough. This is one for holding onto for at least a year, in my case perhaps 2 to 3 months subject to price. I very much enjoy speculative trading, after all at 72 Im not inclined to wait for years.

[Maximus]

OK,

Still a potentially good one. 82 euro's would then be the equivalent price area to watch.

I was looking at the US depository shares priced in dollars.

[Pyrpolizer]

OK,

Still a potentially good one. 82 euro's would then be the equivalent price area to watch.

I was looking at the US depository shares priced in dollars.

I didn't know the stock markets accept discount coupons

[miltiades]

OK,

Still a potentially good one. 82 euro's would then be the equivalent price area to watch.

I was looking at the US depository shares priced in dollars.

I didn't know the stock markets accept discount coupons

Well, you know NOTHING about stock markets, its all ....pokerize to you !!
.
.

[Pyrpolizer]

OK,

Still a potentially good one. 82 euro's would then be the equivalent price area to watch.

I was looking at the US depository shares priced in dollars.

I didn't know the stock markets accept discount coupons

Well, you know NOTHING about stock markets, its all ....pokerize to you !!
.
.

I know much much more about gambling than what you think.
Trust me you have no idea what gambling at professional level is.
Especially POKER!
I may post a video of great Magriel who died a couple of months ago.

[Londonrake]

It doesn't seem to matter what the subject is. There's an awful lot of aggressive animosity on this forum. Even when the poster isn't a rabid trollskyi!