InvestorsHub Logo
Followers 27
Posts 985
Boards Moderated 0
Alias Born 03/20/2014

Re: OTCBULL post# 8232

Friday, 08/29/2014 9:15:25 AM

Friday, August 29, 2014 9:15:25 AM

Post# of 9754
thanks for the words, but trust me I'll never admit to being right all of the time, I was wrong on ACLP bought in at .0010 and it's at .0001 lol but I think it's more about stacking as many cards in your favor, using tight stops/limits and here's my personal theory: take 10 simple trades and assume you invest 9$ in each trade. Now think of a stop and limit as your Profit/Loss Ratio, so I'll choose 3:1, I would like to set my limits at 3x my stops, i.e. I want to risk only 1/3 of what I am eager to make, make sense? but check this out, lets say 7 of them go to your stop and kick you out and 3 hit your limit. So your loss is 6*-3=-18 (-3 because your stop is at 1/3 so divide your 9$ trade by 3). Now your gain is 4*6=24(6 is how much you make when it goes to your limit). so your profit here would be -18+24=6$ sounds like childs play but magnify this - this is how the pros do it problem is everyone wants to get rich quick...but this system will win over long run as you can loose 60% of the time and make a profit, that's why I say stack cards in your favor - I try to be right all of the time but I know I won't I can only maximize my hand given known info :) BTW the only way I can see this REVI dropping a lot is if we are in fakeout and our current move turns into an expanded flat correction. Look up "Elliott Wave 3 can't be the shortest" in google and you will see what I mean. Go REVI! expanded flat source: http://www.bing.com/images/search?q=expanded+flat&id=060710E5AFEFC6CBFBDABAAD64A312CB6241863E&FORM=IQFRBA#view=detail&id=636D6AA8844360277D6859E48D9A124A5F1708A7&selectedIndex=12