Quiz
Mitglied seit Feb 22, 2011
4862 Posts
Aug 09, 2019 at 06:58
Question #4
There are not 2 (bulls, bears) types of traders but 3.
What is 3rd type and how is it characterised?
There are not 2 (bulls, bears) types of traders but 3.
What is 3rd type and how is it characterised?
Mitglied seit Feb 22, 2011
4862 Posts
Aug 27, 2019 at 11:09
Question #4: answer 'Bulls make money, bears make money and pigs get slaughtered.'
Pig
A pig is any investor who puts greed ahead of his or her investment principles or sound strategies. Anyone who watches investment guru Jim Cramer knows one of his most famous expressions: 'Bulls make money, bears make money and pigs get slaughtered.' A pig tends to think that a 100% return over a 12-month period is not good enough. As a result, the pig may then go and borrow money on margin or mortgage his or her home to buy more of a stock at a higher price with the hope of making more money on the investment. The pig can get slaughtered if the stock drops and all the original gains are lost.
Pig
A pig is any investor who puts greed ahead of his or her investment principles or sound strategies. Anyone who watches investment guru Jim Cramer knows one of his most famous expressions: 'Bulls make money, bears make money and pigs get slaughtered.' A pig tends to think that a 100% return over a 12-month period is not good enough. As a result, the pig may then go and borrow money on margin or mortgage his or her home to buy more of a stock at a higher price with the hope of making more money on the investment. The pig can get slaughtered if the stock drops and all the original gains are lost.
Mitglied seit Aug 27, 2017
994 Posts
Aug 27, 2019 at 13:53
togr posted:
Question #4: answer 'Bulls make money, bears make money and pigs get slaughtered.'
Pig
A pig is any investor who puts greed ahead of his or her investment principles or sound strategies. Anyone who watches investment guru Jim Cramer knows one of his most famous expressions: 'Bulls make money, bears make money and pigs get slaughtered.' A pig tends to think that a 100% return over a 12-month period is not good enough. As a result, the pig may then go and borrow money on margin or mortgage his or her home to buy more of a stock at a higher price with the hope of making more money on the investment. The pig can get slaughtered if the stock drops and all the original gains are lost.
Nice observation buddy! Hope you’ll continue with this type of exclusive questions!
Mitglied seit Feb 22, 2011
4862 Posts
Aug 28, 2019 at 10:28
Question #5: You have opened position, lets say 0.01 lot long eurusd. It is currently in the loss of 100.0 pips.
What are all options you can do to close trade(s) at profit?
What are all options you can do to close trade(s) at profit?
Aug 28, 2019 at 17:53
togr posted:
Question #5: You have opened position, lets say 0.01 lot long eurusd. It is currently in the loss of 100.0 pips.
What are all options you can do to close trade(s) at profit?
Using no SL & waiting for the reverse of the market! Correct or anything else?
Mitglied seit Feb 22, 2011
4862 Posts
Sep 18, 2019 at 07:25
AniLorak posted:togr posted:
Question #5: You have opened position, lets say 0.01 lot long eurusd. It is currently in the loss of 100.0 pips.
What are all options you can do to close trade(s) at profit?
Using no SL & waiting for the reverse of the market! Correct or anything else?
That is one option.
Another is adding more trades of the same direction so more long trades. That is what is called averaging as you get better price closes to market.
Adding more trades with higher amount is martingale.
And another option is to take opposite direction trade which is called hedging and closing each position once market reach its price.
Last option another trade, opposite direction, higher amount.
So there is always a solution, even accepting the loss is an solution. You should decide based on your trading plan
Mitglied seit Feb 22, 2011
4862 Posts
Sep 18, 2019 at 07:25
Wanna more questions
Mitglied seit Feb 22, 2011
4862 Posts
Sep 18, 2019 at 07:25
?
Mitglied seit Feb 22, 2011
4862 Posts
Sep 24, 2019 at 07:39
togr posted:Nobody replied so I am closing the quiz
Wanna more questions
Mitglied seit Sep 24, 2019
10 Posts
Sep 24, 2019 at 11:04
Keep it going. I like the quiz
Mitglied seit Feb 22, 2011
4862 Posts
Sep 26, 2019 at 11:22
Question #6:
If your backtesting results are like the one attached,
can you expect to see the same trading it on real account?
If your backtesting results are like the one attached,
can you expect to see the same trading it on real account?
Anhänge:
Mitglied seit Sep 27, 2019
10 Posts
Sep 27, 2019 at 11:18
I would expect very similar results. Sure there will be slippage and maybe higher spread costs on a real account but basically you should get a good positive return
Mitglied seit Feb 22, 2011
4862 Posts
Sep 27, 2019 at 12:09
pleasingoink posted:
I would expect very similar results. Sure there will be slippage and maybe higher spread costs on a real account but basically you should get a good positive return
What is the important criteria for a backtest to trust it?
Mitglied seit Aug 27, 2017
994 Posts
Sep 28, 2019 at 10:53
togr posted:
Question #6:
If your backtesting results are like the one attached,
can you expect to see the same trading it on real account?
Not at all; the real trading result will be different for sure! Because of emotion’s issue!
Mitglied seit Feb 22, 2011
4862 Posts
Oct 09, 2019 at 10:36
Adribaasmet posted:togr posted:
Question #6:
If your backtesting results are like the one attached,
can you expect to see the same trading it on real account?
Not at all; the real trading result will be different for sure! Because of emotion’s issue!
Backtests is from EA trading. There are no emotions...
