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- Novak replied Jul 6, 2015
going short from 0.66737 with a 10 pip stop. looking to trail 100+ pips.
- Novak replied Jul 21, 2011
4350 looks like a good t/p zone
- Novak replied Jul 21, 2011
e/u just broke through 5min down channel's support
- Novak replied Jul 21, 2011
yeah i know; i was quoting the last 4 digits
- Novak replied Jul 21, 2011
entered short at 4194...hoping for 3328
- Novak replied Jun 8, 2011
Do you recall how many trades you entered and exited during those two months? I was curious to know because I'd assume the more trades a person makes during any given time, they'd gain more experience. Whereas, the guy who does 1-2 trades in 2 ...
- Novak replied Jun 8, 2011
Interesting. Well I have heard from people that it is important to actually feel as if your demo account is real, believe that it is real so that it adds a bit of psychological factors into it. Take this analogy for example: a pilot undergoes ...
- Demo Trading: How good were you before you went live?
I'm curious to know how good some of you guys got at demo trading before you attempted live. Did ...
- Novak replied Jun 8, 2011
Yeah, mistakes will happen everyonce in a while, we all make them. And like you said: it's that edge that defines a good trader. I simply attempt have more success than mistakes, that's my edge.
- Novak replied Jun 8, 2011
I think that if we can learn from our mistakes, and attempt to not repeat these mistakes over and over, then we can become a better trader. For example, if greed is a psychological mistake for a person that is causing him problems, perhaps review it ...
- Novak replied Jun 8, 2011
rofl... Haha, laugh at my expense. No but seriously, I thought you were implying that I gamble with my trading lol. And yeah I knew it was an analogy at the time, but I reread it and realized what you actually meant. Can't blame me though, text can ...
- Novak replied Jun 8, 2011
Ok, I reread your post. I see what you are saying. And no I wouldn't pass up the opportunity to open a casino because as you said: they have that house edge. Also, considering your analogy, I can see why I'd be considered a gambler. At first I ...
- Novak replied Jun 8, 2011
This is not a system...It is my philosophy for finding success in losing — I think some people are getting the wrong message that I'm trying to send to you guys. I think some people are sticking me with assumed trading styles or systems that I ...
- Novak replied Jun 8, 2011
Words from a Forex coach — From Vahid: "Real traders are those who don’t lose mind and fret over losing trades for too long and take the message in the right frame of mind. They normally resort to studying the mistakes they made..."
- Novak replied Jun 8, 2011
Please explain to me why you think I am a gambler?
- Novak replied Jun 8, 2011
Yes I agree. But most people lose money in forex due to human error, or in my words: mistakes. It is only logical to attempt to fix our human errors, or my mistakes.
- Novak replied Jun 8, 2011
Yes it is true that it is not always our faults. But perhaps the systems we use are flawed (which can provide mistakes), if they weren't shouldn't they always work? Systems, or indicators are used as a reference or a guide, and the way people ...
- Novak replied Jun 8, 2011
Yeah I read your first post, and I agree with you. I replied to you on page one and here's what I said before: I also admire your philosophy and your trading style because mine is very similar . I too make sure I have small stop losses and I ...