I do this because it's the only way to make winning, profitable trades.
I beg to differ. You're trading right now with no stop losses because you have no money. When you get your account into the high six figures, come talk to me about technical analysis. Just about anyone can say the euro is going up 50 pips and be right within a few days. My gosh...I predict it'll go up another 50 pips within the week at some point.
You talk like you're the only one in the whole damn world that trades profitably. Well, you're an arrogant son of a buck. Let me know when you get some money and I'll teach you a thing or two about trading conservatively...and KEEPING your money.
Please spare us buddy. ANYONE with a few thousand dollars can trade with no stops and make money. Let's see how you hang with the big boys IF you ever get there.
You said:
Had I followed the tech indicators I may have closed them for a loss and went short. So not only would I have lost the jump we made this morning, but I'd be in the negative again, losing money...
Well...you failed to mention that "those people" (you didn't have the courage to mention me by name) calling for shorts were right on the money with TIMING the short WAY before your long played out. A short taken when I called for it could have netted 50 pips.
You kind of forgot to mention that part. You see...my approach is consistent AND teachable. Your approach is renegade and cannot be explained. Therefore, one of these days, you're going to get burned BAD.
Unlike you, I don't pat myself on the back at the expense of others. However, this is different as you're an arrogant asshole.
Have a nice day.
