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- MsKat replied Jul 20, 2016
I think yesterday came close but the gap didn't fill right? I think there's going to be a retracement from the current run up before it goes higher, if it's going to go higher.
- MsKat replied Jan 28, 2015
I hope someone shorted this yesterday and made money. I changed my mind about shorting it and end up shorting AUDCAD instead (thinking that would have been less risky), and only made a few pips.
- MsKat replied Jan 27, 2015
Is super gap up justified or just over-reaction?
- MsKat replied Jan 23, 2015
I think that as your account size gets bigger than you're less willing to handle bigger drawdowns but for the little guys/girls with small account sizes, then they need to risk a bit more in order to grow their account and to be able to take out ...
- MsKat replied Jan 22, 2015
Actually I think you're doing pretty good, even with the loss. The main thing is to be ahead of where you started. I think the forex game is sort of like two steps forward and one step back. And taking consistent money off the table is key, I ...
- MsKat replied Jan 21, 2015
Everyone is different. I was a bigger risk taker when I was younger and first started trading. Now I feel that a 30-40% drawdown is a lot. For emotional and psychological reasons, if an account falls below 60-75%, it's an uphill battle to get it ...
- MsKat replied Jan 18, 2015
This is interesting. Can you talk more about what position size did you start with at $50? Also, how many trades did it take you to go from $50-$4000? How long did it take? Did you have about 1-2 trades a week? Did you double your position size ...
- MsKat replied Jan 16, 2015
I thought about it and here's a few more things I would tell myself if I was thinking about going down this road again when I was 21. NO ONE told me these things when I was young and thought I knew everything and what I was doing and that I was such ...
- MsKat replied Jan 16, 2015
Well I went down this road actually. I can tell you a bit about what happened. I started at 21 trading stocks and stock options and dropped out of school, went from $8k to $25k to over 6 figures. Ups and downs and blew my accounts several times. Was ...
- MsKat replied Dec 30, 2014
The holidays are killing because I had some fixed monthly profit goal in mind and there's several days of no trading so I felt all this pressure to make up for those days and over traded. And the trades all mostly went bad. I wanted some extra money ...
- MsKat replied Dec 26, 2014
Holiday trading sucks! I'm not going to be trading the holidays again. The volume is super low and I lost several hundred trying to scalp everything. There wasn't any good setups. It was actually my biggest and only losing week this month. I was a ...
- MsKat replied Dec 22, 2014
It's a day trade so I can usually wait an hour or two. But today had I waited another 3 hours, I could have double or if I had waited 5-6 hours, tripled my profit. It was a straight down trend the entire day so it wasn't that choppy at all. I would ...
- MsKat replied Dec 22, 2014
#9 Being Patient is still my biggest problem. I exited two winning trades yesterday simply because I wanted to keep my profit and was worried about retracement and it was taking too long to hit my TP. I could have doubled what I made if I had stuck ...
- MsKat replied Dec 17, 2014
One of the big issues or mistakes I'm currently dealing with is "lack of faith or confidence or trust in myself or the system." It seems that when the trade is taking too long to go into profit and when there's a tiny loss, and when it finally moves ...
- MsKat replied Dec 16, 2014
I started with a $10, 250 account and I'm up $1900 so far this month. This is my first month trading and at first I was getting a bit impatient because I'm leaving a lot of profit on the table but after reading some of the posts, I'm thinking that ...
- MsKat replied Dec 5, 2014
Hi, I'm a new fx trader and I have a question regarding huge gaps up or down like 50-100 pip in the middle of the trading day. What causes those? Today it triggered my TP and I was happy about that but also worried that any minute a trade could gap ...
- Posts by Member Search: 'MsKat'